The typical owner-occupied home in Jonesville is worth about $102,900, 64% below the North Carolina median of $288,900 and 69% below the national median of $332,700. Owners pay a median $1,157 a year in property taxes, about 1.12% of their home's value, higher than the North Carolina rate of 0.66%. The median household earns $29,837 a year, so the median home costs 3.4 times the median income (4.0 times for North Carolina). 44% of occupied homes here are lived in by their owners, and 48% of those owners still have a mortgage.
Jonesville at a glance
| Jonesville | North Carolina | U.S. | |
|---|---|---|---|
| Median home value | $102,900 | $288,900 | $332,700 |
| Median property tax paid per year | $1,157 | $1,896 | $3,119 |
| Property tax as a share of value | 1.12% | 0.66% | 0.94% |
| Median household income | $29,837 | $72,388 | $80,734 |
| Homes lived in by their owners | 44% | 67% | 65% |
| Owner homes with a mortgage | 48% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $955 | $1,631 | $1,963 |
| Those costs as a share of the owners' income | 17.8% | 19.4% | 21.0% |
| Median rent | $499 | $1,228 | $1,413 |
| Rent as a share of renters' income | 31.8% | 29.5% | 30.6% |
| Median year homes were built | 1970 | 1991 | 1980 |
| Vacant homes | 9.1% | 12.5% | 10.1% |
| Population | 2,860 | 10,730,404 | 334,922,499 |
What a typical home costs per month in Jonesville
At this week's average 30-year rate of 7.11%, buying the median Jonesville home of $102,900 with 20% down costs about $693 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $864, 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 $29,687 for the 20%-down payment. That payment is 28% of the median Jonesville household income of $29,837; at that income and 20% down, the 28% guideline points to a home of about $103,000.
The median rent here is $499 a month, so owning the median home costs about $194 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $20,580 |
|---|---|
| Loan amount | $82,320 |
| Principal and interest | $554 |
| Property taxes (1.12% a year) | $96 |
| Homeowners insurance (our estimate, 0.5% a year) | $43 |
| PMI | $0 |
| Total per month | $693 |
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| Down payment | $3,602 |
|---|---|
| Loan amount | $101,036 |
| Principal and interest | $680 |
| Property taxes (1.12% a year) | $96 |
| Homeowners insurance (our estimate, 0.5% a year) | $43 |
| FHA mortgage insurance | $46 |
| Total per month | $864 |
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Questions about home buying in Jonesville
What is the median home value in Jonesville?
About $102,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Jonesville?
Homeowners pay a median $1,157 a year, which is about 1.12% 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 Jonesville?
For the median home with 20% down at 7.11%, the payment is about $693 a month. Keeping that under 28% of gross income takes about $29,687 a year.
More about Jonesville
- Mortgage Refinance in Jonesville
- Debt Relief in Jonesville
- Home Equity Loans in Jonesville
- 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