How much do homeowners pay a month in Governors Village, NC?
Homeowners with a mortgage in Governors Village, NC pay a median of $2,649 (±$187) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $673 (±$123).
68.9% of owned homes carry a mortgage.
Figures last updated on .
- With a mortgage
- $2,649 (±$187)
- Without a mortgage
- $673 (±$123)
- Owned with a mortgage
- 68.9%
Monthly owner costs in Governors Village
| Governors Village | Chatham County | North Carolina | United States | |
|---|---|---|---|---|
| With a mortgage | $2,649 (±$187) | $2,118 (±$94) | $1,631 (±$6) | $1,963 |
| Without a mortgage | $673 (±$123) | $616 (±$23) | $490 (±$3) | $638 |
| Owned homes with a mortgage | 68.9% (±16.8 points) | 55.8% (±2.3 points) | 61.3% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $3,365 (±$194) | $2,847 (±$130) | $1,896 (±$8) | $3,119 |
Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.
In Governors Village, the median cost with a mortgage is higher than in Chatham County ($2,118).
It is also higher than in North Carolina ($1,631).
It is higher than the national figure ($1,963).
In Chatham County, Governors Village ranks 2 of 8 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 18 of 641.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Median monthly cost with a mortgage in places near Governors Village
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Governors Village | — | $2,649 (±$187) | — |
| Governors Club | 1.4 mi | $3,882 (±$1,211) | Higher |
| Fearrington Village | 4.8 mi | $1,871 (±$525) | Lower |
| Chapel Hill | 5.3 mi | $2,912 (±$154) | Higher |
| Briar Chapel | 5.5 mi | $2,398 (±$175) | Not measurably different |
| Carrboro | 6.1 mi | $2,796 (±$180) | Not measurably different |
| Morrisville | 11 mi | $2,418 (±$164) | Not measurably different |
| Durham | 11 mi | $1,831 (±$40) | Lower |
| Pittsboro | 11 mi | $2,122 (±$160) | Lower |
Nearby places with a measurably lower figure: Fearrington Village, NC ($1,871), Durham, NC ($1,831), Pittsboro, NC ($2,122).
Nearby places with a measurably higher figure: Governors Club, NC ($3,882), Chapel Hill, NC ($2,912).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Chatham County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Governors Club | $3,882 (±$1,211) |
| 2 | Governors Village | $2,649 (±$187) |
| 3 | Briar Chapel | $2,398 (±$175) |
| 4 | Pittsboro | $2,122 (±$160) |
| 5 | Moncure | $1,944 (±$1,122) |
| 6 | Fearrington Village | $1,871 (±$525) |
| 7 | Goldston | $1,403 (±$125) |
| 8 | Siler City | $1,273 (±$202) |
Governors Village is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Governors Village
What is the average mortgage payment in Governors Village?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Governors Village, NC is $2,649 (±$187) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Governors Village?
Owners without a mortgage in Governors Village pay a median of $673 (±$123) a month in taxes, insurance, utilities and fees.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Governors Village CDP, North Carolina
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Governors Village CDP, North Carolina
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Governors Village CDP, North Carolina
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Governors Village CDP, North Carolina
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Governors Village CDP, North Carolina
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Governors Village CDP, North Carolina (place:27182, in state:37).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
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- How long people stay in Governors Village
- North Carolina landlord and tenant rules
- Housing across Chatham County
- Housing data for every place in North Carolina