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Buying a home in Hyde County, North Carolina

The typical owner-occupied home in Hyde County is worth about $124,000, 57% below the North Carolina median of $288,900 and 63% below the national median of $332,700. Owners pay a median $975 a year in property taxes, about 0.79% of their home's value, higher than the North Carolina rate of 0.66%. The median household earns $53,713 a year, so the median home costs 2.3 times the median income (4.0 times for North Carolina). 72% of occupied homes here are lived in by their owners, and 45% of those owners still have a mortgage.

Hyde County at a glance

Hyde County North Carolina U.S.
Median home value $124,000 $288,900 $332,700
Median property tax paid per year $975 $1,896 $3,119
Property tax as a share of value 0.79% 0.66% 0.94%
Median household income $53,713 $72,388 $80,734
Homes lived in by their owners 72% 67% 65%
Owner homes with a mortgage 45% 61% 61%
Median monthly costs, owners with a mortgage $1,376 $1,631 $1,963
Those costs as a share of the owners' income 29.7% 19.4% 21.0%
Median rent $1,263 $1,228 $1,413
Rent as a share of renters' income 34.3% 29.5% 30.6%
Median year homes were built 1981 1991 1980
Vacant homes 34.3% 12.5% 10.1%
Population 4,592 10,730,404 334,922,499

What a typical home costs per month in Hyde County

At this week's average 30-year rate of 7.11%, buying the median Hyde County home of $124,000 with 20% down costs about $801 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,007, 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 $34,312 for the 20%-down payment. That payment is 18% of the median Hyde County household income of $53,713; at that income and 20% down, the 28% guideline points to a home of about $194,000.

The median rent here is $1,263 a month, a little more than the monthly cost of owning the median home with 20% down.

20% down, 30-year conventional loan
Down payment$24,800
Loan amount$99,200
Principal and interest$667
Property taxes (0.79% a year)$82
Homeowners insurance (our estimate, 0.5% a year)$52
PMI$0
Total per month$801

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3.5% down, 30-year FHA loan
Down payment$4,340
Loan amount$121,754
Principal and interest$819
Property taxes (0.79% a year)$82
Homeowners insurance (our estimate, 0.5% a year)$52
FHA mortgage insurance$55
Total per month$1,007

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Questions about home buying in Hyde County

What is the median home value in Hyde County?

About $124,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Hyde County?

Homeowners pay a median $975 a year, which is about 0.79% 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 Hyde County?

For the median home with 20% down at 7.11%, the payment is about $801 a month. Keeping that under 28% of gross income takes about $34,312 a year.

More about Hyde County

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