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City · 7,654 residents · New Hanover County, North Carolina

Porters Neck , North Carolina

In Porters Neck, a typical home is worth $569,700 and typical rent is $1,503 a month. Compared with all of New Hanover County, typical household income is 60% higher, the typical home value is 47% higher, and the share of households that own their home is 21 points higher.

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  • Typical home value

    $569,700

    47% above the county

    97% above North Carolina

    • Porters Neck
    • New Hanover
    • North Carolina

  • Typical rent

    $1,503a month

    6% above the county

    22% above North Carolina

    • Porters Neck
    • New Hanover
    • North Carolina

  • Typical household income

    $119,979a year

    60% above the county

    66% above North Carolina

    • Porters Neck
    • New Hanover
    • North Carolina

  • Households that own their home

    83%

    21 points above the county

    16 points above North Carolina

    • Porters Neck
    • New Hanover
    • North Carolina

Source: U.S. Census Bureau, Average 2020–2024

Porters Neck is in New Hanover County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of New Hanover County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Porters Neck apart

What this place has that others do not, from public data, most unusual first.

  1. The typical household income in Porters Neck is $119,979, 60% more than in New Hanover County as a whole ($75,166).

  2. Nearby, in Kings Grant, the typical home value is $300,700: 47% less than in Porters Neck ($569,700).

  3. 83% of households in Porters Neck own their home, against 61% in New Hanover County.

  4. The typical home in Porters Neck is worth $569,700, 47% more than in New Hanover County as a whole ($387,800).

  5. Nearby, in Hampstead, the typical rent is $1,216: 19% less than in Porters Neck ($1,503).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Porters Neck

What homes there are in Porters Neck, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

In Porters Neck, 8 in 10 homes are single-family detached houses; in New Hanover County, 6.

Year built

Homes in Porters Neck are newer: the typical year built is 2003; in New Hanover County, 1993.

In Porters Neck, 81% of homes have 3 bedrooms or more, more than in New Hanover County (64%).

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$2,329 a month

New Hanover County: $1,888 a month

Without a mortgage

$751 a month

New Hanover County: $658 a month

Owners with a mortgage

64%

New Hanover County: 67%

Owning costs more in Porters Neck: with a mortgage, the typical cost is $2,329 a month; in New Hanover County, $1,888. Without one, $751.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, the typical home value in Porters Neck rose 50%; in New Hanover County, it rose 59%.

Since 2015–2019, the typical rent in Porters Neck did not change clearly, according to the Census.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasurePorters NeckNew Hanover CountyNorth CarolinaUnited States
Rental vacancy Unreliable estimate7.4%7.1%5.5%
Homeowner vacancy Unreliable estimate1.1%1.3%0.9%
More than one person per room Unreliable estimate1.3%2.2%3.4%
People per household 2.242.192.442.53
Drive alone 57%71%72%69%
Carpool Unreliable estimate6%9%9%
Public transit Unreliable estimateUnreliable estimate1%3%
Walk or bike Unreliable estimate2%2%3%
Work from home 34%19%16%15%
Other means Unreliable estimate1%1%2%
Typical commute 20 to 29 minutes10 to 19 minutes20 to 29 minutes20 to 29 minutes

Much as in New Hanover County, a household in Porters Neck has 2.24 people on average.

Working from home is more common in Porters Neck: 34%, against 19% in New Hanover County.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Porters Neck?

A typical home costs more than the typical income allows

We start with a typical home in Porters Neck, worth $569,700, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 45% of the typical household income in Porters Neck, which is $119,979 a year. For that payment to be 28% of income, a household would need to earn about $192,736 a year. Note: at that price the loan is above the FHA limit for New Hanover County ($541,287), so FHA would not insure it; the payment is only a reference.

The calculator's FHA and conventional loan limits are those of all of New Hanover County.

Your numbers

Local data
$

Starts at the typical home value in Porters Neck. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $19,940 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$4,497

at 7.18% · 30 years

Loan amount
$559,381
Total interest
$804,818
Paid off in
November 2056

Includes $9,621 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,800 a month

  • Tight

    $2,800 to $3,599 a month

  • Hard

    more than $3,599 a month

    Your payment · 45%

Compared with the typical household income in Porters Neck ($119,979 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$4,497
Principal & interest$3,789
Property tax$218
Home insurance$237
FHA mortgage insurance (MIP)$252

This loan is over the FHA limit

You'd borrow $549,760, but the FHA limit for a one-unit home in Porters Neck is $541,287. You'd need a bigger down payment or a different loan.

You need at least $19,940 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Porters Neck and New Hanover County

Porters Neck is in New Hanover County, North Carolina. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Porters Neck's own numbers

Typical home value
$569,700
Typical monthly rent
$1,503
Typical yearly household income
$119,979
Households that own their home
83%
Effective property tax rate
0.46%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of New Hanover County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,705
Price change over 5 years (FHFA)
+69%
Homes in a high flood-risk zone
11%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of New Hanover County.

Everything about New Hanover County

Buying

Buying a home in Porters Neck

A typical home in Porters Neck is worth $569,700: 47% above the county and 97% above North Carolina. With the typical household income in Porters Neck ($119,979 a year), a typical home costs 4.7 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Porters Neck 4.7 years
  • New Hanover 5.2 years
  • North Carolina 4.0 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in New Hanover County

According to FHFA’s house price index, home prices in New Hanover County rose 127% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of New Hanover County.

Period County North Carolina U.S.
Last year (2025) +4.7% +2.5% +2.9%
5 years (2020–2025) +69% +60% +47%
10 years (2015–2025) +127% +107% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Porters Neck next to New Hanover County, North Carolina and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Porters Neck $569,700
  • New Hanover $387,800
  • North Carolina $288,900
  • United States $332,700
Typical monthly rent
  • Porters Neck $1,503
  • New Hanover $1,417
  • North Carolina $1,228
  • United States $1,413
Typical yearly household income
  • Porters Neck $119,979
  • New Hanover $75,166
  • North Carolina $72,388
  • United States $80,734
See the full table
Porters Neck next to New Hanover County and North Carolina
Measure Porters Neck New Hanover County North Carolina U.S.
Typical home value $569,700 $387,800 $288,900 $332,700
Typical monthly rent $1,503 $1,417 $1,228 $1,413
Typical yearly household income $119,979 $75,166 $72,388 $80,734
Households that own their home 83% 61% 67% 65%
Typical yearly property tax $2,636 $2,105 $1,896 $3,119
Effective property tax rate 0.46% 0.54% 0.66% 0.94%
Renters with high rent for their income 49% 55% 49% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below New Hanover County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Porters Neck

For a typical $569,700 home in Porters Neck, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Porters Neck's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $4,497a month

    Above the FHA limit for New Hanover County ($541,287)
    Down payment
    $19,940
    Cash to close
    $37,031
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $252

  • Conventional, 5% down $4,393a month

    Least cash to close
    Down payment
    $28,485
    Cash to close
    $45,576
    Rate
    7.18%
    Mortgage insurance
    PMI · $271

  • Conventional, 20% down, no PMI $3,543a month

    Down payment
    $113,940
    Cash to close
    $131,031
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $4,070a month

    Down payment
    $85,455
    Cash to close
    $102,546
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is Conventional, 5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Porters Neck and for New Hanover County.

Property tax

Effective rate in Porters Neck

0.46%of the home’s value each year

$2,636 a year for the typical owner in Porters Neck.

  • Porters Neck 0.46%
  • New Hanover 0.54%
  • North Carolina 0.66%

What North Carolina publishes Elderly or Disabled Homestead Exclusion (North Carolina General Assembly (statute))

Exemptions and deadlines in North Carolina

Flood risk in New Hanover County

FEMA does not publish these numbers by city: they are for all of New Hanover County.

Homes in the high-risk zone
11%
9,484
Of those, with NFIP insurance
75%
County North Carolina U.S.
Homes in the high-risk zone 11% 2.8% 3.5%
Of those, with NFIP insurance 75% 53% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Porters Neck

Typical rent in Porters Neck is $1,503 a month: 6% above the county. In Porters Neck, 49% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of New Hanover County, by unit size. To pay the 2-bedroom one ($1,705 a month) without spending more than 30% of your income, you would need to earn $32.79 an hour working full time.

HUD fair market rent for all of New Hanover County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,187 $22.83 $47,480
1 bedroom $1,566 $30.12 $62,640
2 bedrooms $1,705 $32.79 $68,200
3 bedrooms $2,238 $43.04 $89,520
4 bedrooms $2,241 $43.10 $89,640

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Porters Neck

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Porters Neck is in ZIP code 28411.

For 2 bedrooms it is $2,100: $395 more than the fair market rent for New Hanover County ($1,705).

  • 28411 $2,100$2,770

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Porters Neck when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Free help

Help to buy or rent in Porters Neck

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There are 2 HUD-approved agencies with an office in New Hanover County; 2 say they serve in Spanish.

A pregnant woman reads paperwork on the sofa while the grandmother plays with the girl on the floor.

HUD counseling is free or low-cost

Assistance programs in Porters Neck

No down payment, repair or rent-help program on our list is for Porters Neck or New Hanover County. The ones below are statewide in North Carolina: they work in Porters Neck the same as in the rest of the state.

Which programs do I qualify for? All programs in North Carolina

  • NC Home Advantage Mortgage

    Statewide in North Carolina

    NCHFA fixed-rate mortgage with down payment assistance, for first-time buyers and for people who have owned a home before, in North Carolina. Offered by North Carolina Housing Finance Agency (NCHFA).

    Forgivable

    See the program Official page

  • NC 1st Home Advantage Down Payment

    Statewide in North Carolina

    A fixed amount of NCHFA down payment assistance for first-time buyers and veterans in North Carolina. Offered by North Carolina Housing Finance Agency (NCHFA).

    Type not stated

    See the program Official page

  • Community Partners Loan Pool (CPLP)

    Statewide in North Carolina

    NCHFA interest-free loan with deferred payments of up to 25% of the price (maximum $50,000) for the down payment of low- and moderate-income buyers in North Carolina; you apply through a member organization. Offered by North Carolina Housing Finance Agency (NCHFA).

    Deferred

    See the program Official page

Housing counselors near Porters Neck

The HUD-approved agencies closest to the center of Porters Neck, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Cape Fear Regional CDC

    500 Compton St, Wilmington · 10 miles away · Spanish

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 4 more
    (910) 762-7555

  • City of Wilmington

    929 N Front St, Wilmington · 11 miles away · Spanish

    • Mortgage delinquency and default
    • Fair housing pre-purchase workshops
    • and 5 more
    (910) 341-7836

  • City of Jacksonville

    815 New Bridge St, Jacksonville · 37 miles away

    • Budget and financial counseling
    • Budget and credit workshops
    • and 3 more
    (910) 938-6551

Every agency in New Hanover County All counseling agencies in North Carolina

Help in Spanish near Porters Neck

2 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Porters Neck

In HUD’s record, no housing authority with an office in New Hanover County is named for Porters Neck or New Hanover County.

One other authority has an office in New Hanover County: see the list Source: HUD

Cities

Other cities in New Hanover County

These cities are also in New Hanover County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about New Hanover County Housing in North Carolina

Nearby cities

The cities closest to Porters Neck, with the typical home value.

Neighboring counties

If New Hanover County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Porters Neck.

All guides
Two girls write and draw together at the living-room table.

Questions

Housing questions about Porters Neck

Short answers with the numbers for Porters Neck and all of New Hanover County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Porters Neck?

The typical home value in Porters Neck is $569,700, according to the U.S. Census Bureau (average 2020–2024). For comparison, in New Hanover County it is $387,800.

How much does it cost to rent in Porters Neck?

Typical rent in Porters Neck is $1,503 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in New Hanover County is $1,705.

What is the FHA loan limit in Porters Neck?

Porters Neck uses the FHA limit for all of New Hanover County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Porters Neck?

The typical homeowner in Porters Neck pays $2,636 a year, according to the U.S. Census Bureau. That is 0.46% of the home’s value; in New Hanover County, the rate is 0.54%.

Where can I find free help to buy or rent in Porters Neck?

There are 2 HUD-approved counseling agencies with an office in New Hanover County. 2 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).