Halifax County Property Taxes
The median property tax rate in Halifax County is 1.26%, which is significantly higher than both the national median of 0.99% and North Carolina's state median of 0.82%. With the median home value in Halifax County, the typical annual property tax bill reaches $701, which is below the national median of $2,690. Property taxes in Halifax County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Halifax County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Roanoke Rapids or another part of Halifax County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Halifax County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.26%
Estimate Property Tax Bill
$663
-$6,946
Ownwell’s Halifax Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Halifax with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Halifax to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Halifax County, North Carolina
Property taxes in Halifax County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Halifax County is 1.26%, which is higher than both the North Carolina state median and the U.S. national median of 0.99%. Local government entities within Halifax County set these rates annually, and they can vary significantly between different areas within the county. Each year, Halifax County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Halifax County's effective property tax rate with other counties in North Carolina and the national median. For comparison, the city of Weldon has one of the higher property tax rates in North Carolina at 1.99%, while the city of Littleton boasts one of the lowest at 0.98%. Analyzing how Halifax County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Halifax County Tax Rate
1.26%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Halifax County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Enfield | 0.28% | 0.89% | 1.08% | 1.70% | 2.04% |
| Halifax | 0.29% | 0.90% | 1.05% | 1.47% | 1.91% |
| Hobgood | 0.26% | 0.86% | 1.36% | 1.70% | 1.85% |
| Hollister | 0.72% | 0.92% | 1.10% | 1.48% | 3.33% |
| Littleton | 0.51% | 0.91% | 0.98% | 1.28% | 1.94% |
| Roanoke Rapid | 1.12% | 1.12% | 1.12% | 1.12% | 1.12% |
| Roanoke Rapids | 0.95% | 1.17% | 1.78% | 2.13% | 2.58% |
| Scotland Neck | 0.28% | 0.90% | 1.22% | 1.73% | 1.88% |
| Tillery | 1.18% | 1.18% | 1.18% | 1.18% | 1.18% |
| Weldon | 1.05% | 1.55% | 1.99% | 2.37% | 2.84% |
| Whitakers | 0.26% | 0.86% | 1.07% | 1.22% | 1.53% |
Source: Ownwell
Property Tax Assessment Values Across Halifax County, North Carolina
In Halifax County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Halifax County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Halifax County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. Roanoke Rapids has the highest median tax bill at $1,605, while Hollister has the lowest at $395. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Halifax County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Halifax County, North Carolina
Source: Ownwell
$33,800
$88,500
$143,200
Average Halifax County Assessed Value
$52,600
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Halifax County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Enfield | $4,300 | $10,300 | $44,400 | $83,100 | $153,000 |
| Halifax | $4,300 | $9,800 | $49,200 | $91,600 | $169,060 |
| Hobgood | $5,000 | $18,675 | $43,150 | $72,600 | $184,800 |
| Hollister | $3,600 | $5,800 | $33,800 | $68,350 | $109,680 |
| Littleton | $5,600 | $14,800 | $59,500 | $168,400 | $410,600 |
| Roanoke Rapid | $143,200 | $143,200 | $143,200 | $143,200 | $143,200 |
| Roanoke Rapids | $6,300 | $28,000 | $61,300 | $97,700 | $153,300 |
| Scotland Neck | $6,300 | $21,125 | $50,800 | $95,650 | $214,200 |
| Tillery | $89,500 | $89,500 | $89,500 | $89,500 | $89,500 |
| Weldon | $9,700 | $24,500 | $41,900 | $72,600 | $130,240 |
| Whitakers | $3,900 | $15,550 | $67,400 | $122,950 | $203,800 |
Source: Ownwell
Property Tax Bills Across Halifax County, North Carolina
In Halifax County, NC, property tax bills are calculated based on the assessed value of a property and the applicable tax rate. The assessed value is determined by the county assessor, who evaluates the property's market value. Once assessed, the tax rate is applied to this value to calculate the annual tax bill. Various factors, such as location, property size, and market conditions, influence the assessed value. Homeowners in Halifax County experience a range of tax bills. For instance, the 25th percentile tax bill is $228, while the 75th percentile reaches $1,279. Those in the 90th percentile face tax bills as high as $2,168. The highest median tax bill in the county is found in Roanoke Rapids at $1,605, whereas Hollister has the lowest median tax bill at $395. These figures highlight the variability in property taxes within the county, impacting homeowners differently based on their property's assessed value and location. Compared to the national median property tax rate of 0.99%, Halifax County offers a diverse tax landscape.
Average Halifax County Tax Bill
$701
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Halifax County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Enfield | $45 | $142 | $528 | $896 | $1,383 |
| Halifax | $44 | $121 | $537 | $965 | $1,509 |
| Hobgood | $50 | $214 | $519 | $796 | $1,128 |
| Hollister | $35 | $90 | $395 | $766 | $1,084 |
| Littleton | $57 | $162 | $651 | $1,668 | $4,029 |
| Roanoke Rapid | $1,605 | $1,605 | $1,605 | $1,605 | $1,605 |
| Roanoke Rapids | $80 | $540 | $1,046 | $1,659 | $2,501 |
| Scotland Neck | $64 | $286 | $602 | $1,018 | $1,629 |
| Tillery | $1,054 | $1,054 | $1,054 | $1,054 | $1,054 |
| Weldon | $170 | $534 | $825 | $1,325 | $2,064 |
| Whitakers | $34 | $220 | $616 | $1,111 | $1,510 |
Source: Ownwell