New Hanover County · Resale only · All-in annual cost with flood insurance math
Have questions about what you're reading? A specialist can walk you through real costs, honest comparisons, and what's actually available right now — free, no obligation.
Talk to a Specialist →| Component | Monthly (est.) | Annual (est.) | Notes |
|---|---|---|---|
| HOA | ~$255/mo | ~$3,060/yr | Covers all amenities, lawn care, lot maintenance — verify current rate |
| New Hanover County property tax | ~$229–$321/mo | ~$2,750–$3,850/yr | Combined effective rate ~0.55–0.70%; after NC 65+ exclusion if eligible |
| Homeowners insurance | ~$175–$350/mo | ~$2,100–$4,200/yr | Coastal NC; verify standard + flood requirements on specific address |
| Utilities | ~$175–$275/mo | ~$2,100–$3,300/yr | Duke Energy territory; coastal climate moderates heating |
| NC income tax on non-SS income | — | 4.5% flat (declining) | SS exempt; declining to 3.99% by 2027 |
| Total Annual Housing Cost (ex-mortgage) | ~$10,010–$14,410/yr · ~$834–$1,201/mo | ||
We connect buyers with agents who know this market from the inside — real cost math, honest comparisons, and what's actually happening right now. Every agent is personally vetted by the Nova55Living founder. No scripts, no pressure.
North Carolina does not tax Social Security at any income level. The state flat income tax rate is 4.5% on other retirement income, declining to 3.99% by 2027. Brunswick County has one of the lowest effective property tax rates of any coastal county in the Southeast at $0.3420 per $100 assessed value. Combined with the NC homestead exclusion for 65+ buyers, the all-in annual tax burden for Wilmington retirees is genuinely competitive with any market in our coverage.
Tell us your target community and purchase price — we will build the full true-cost breakdown for your situation.
Get Your NumbersConnect with a specialist who knows this market from the inside — real cost math, honest community comparisons, and what's actually happening right now. Every agent is personally vetted by the Nova55Living founder.
Connect with a Specialist →