The typical owner-occupied home in Hertford County is worth about $119,200, 59% below the North Carolina median of $288,900 and 64% below the national median of $332,700. Owners pay a median $1,168 a year in property taxes, about 0.98% of their home's value, higher than the North Carolina rate of 0.66%. The median household earns $45,537 a year, so the median home costs 2.6 times the median income (4.0 times for North Carolina). 67% of occupied homes here are lived in by their owners, and 52% of those owners still have a mortgage.
Hertford County at a glance
| Hertford County | North Carolina | U.S. | |
|---|---|---|---|
| Median home value | $119,200 | $288,900 | $332,700 |
| Median property tax paid per year | $1,168 | $1,896 | $3,119 |
| Property tax as a share of value | 0.98% | 0.66% | 0.94% |
| Median household income | $45,537 | $72,388 | $80,734 |
| Homes lived in by their owners | 67% | 67% | 65% |
| Owner homes with a mortgage | 52% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $1,285 | $1,631 | $1,963 |
| Those costs as a share of the owners' income | 22.4% | 19.4% | 21.0% |
| Median rent | $844 | $1,228 | $1,413 |
| Rent as a share of renters' income | 40.7% | 29.5% | 30.6% |
| Median year homes were built | 1978 | 1991 | 1980 |
| Vacant homes | 15.6% | 12.5% | 10.1% |
| Population | 19,908 | 10,730,404 | 334,922,499 |
What a typical home costs per month in Hertford County
At this week's average 30-year rate of 7.11%, buying the median Hertford County home of $119,200 with 20% down costs about $788 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $987, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $33,793 for the 20%-down payment. That payment is 21% of the median Hertford County household income of $45,537; at that income and 20% down, the 28% guideline points to a home of about $161,000.
The median rent here is $844 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $23,840 |
|---|---|
| Loan amount | $95,360 |
| Principal and interest | $641 |
| Property taxes (0.98% a year) | $97 |
| Homeowners insurance (our estimate, 0.5% a year) | $50 |
| PMI | $0 |
| Total per month | $788 |
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| Down payment | $4,172 |
|---|---|
| Loan amount | $117,041 |
| Principal and interest | $787 |
| Property taxes (0.98% a year) | $97 |
| Homeowners insurance (our estimate, 0.5% a year) | $50 |
| FHA mortgage insurance | $53 |
| Total per month | $987 |
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Questions about home buying in Hertford County
What is the median home value in Hertford County?
About $119,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Hertford County?
Homeowners pay a median $1,168 a year, which is about 0.98% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Hertford County?
For the median home with 20% down at 7.11%, the payment is about $788 a month. Keeping that under 28% of gross income takes about $33,793 a year.
More about Hertford County
- Mortgage Refinance in Hertford County
- Debt Relief in Hertford County
- Home Equity Loans in Hertford County
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data