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

Median selected monthly owner costs, estimate (90% margin of error)
Governors VillageChatham CountyNorth CarolinaUnited 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 mortgage68.9% (±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

Nearest places with a published estimate, compared with Governors Village
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Governors Village—$2,649 (±$187)—
Governors Club1.4 mi$3,882 (±$1,211)Higher
Fearrington Village4.8 mi$1,871 (±$525)Lower
Chapel Hill5.3 mi$2,912 (±$154)Higher
Briar Chapel5.5 mi$2,398 (±$175)Not measurably different
Carrboro6.1 mi$2,796 (±$180)Not measurably different
Morrisville11 mi$2,418 (±$164)Not measurably different
Durham11 mi$1,831 (±$40)Lower
Pittsboro11 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

RankPlaceMedian monthly cost with a mortgage
1Governors Club$3,882 (±$1,211)
2Governors Village$2,649 (±$187)
3Briar Chapel$2,398 (±$175)
4Pittsboro$2,122 (±$160)
5Moncure$1,944 (±$1,122)
6Fearrington Village$1,871 (±$525)
7Goldston$1,403 (±$125)
8Siler 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

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.

Request a Census API 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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