Pitt County Property Taxes
The median property tax rate in Pitt County is 1.17%, which is notably higher than both the national median of 0.99% and North Carolina's state median of 0.82%. With a median home value of $124,775, the typical annual property tax bill in Pitt County reaches $1,320, surpassing the national median of $2,690. Property taxes in Pitt County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Pitt 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 Greenville or another part of Pitt County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pitt County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.17%
Estimate Property Tax Bill
$1,460
Ownwell’s Pitt County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Pitt County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Pitt County 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 Pitt County, North Carolina
Property taxes in Pitt County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Pitt County is 1.17%, which is higher than both the North Carolina state median and the U.S. national median of 0.99%. Local government entities within Pitt County set these rates annually, and they can vary significantly between different areas within the county. Each year, Pitt 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 Pitt County's effective property tax rate with other counties in North Carolina and the national median. For comparison, the city of Simpson has one of the higher property tax rates in North Carolina at 1.42%, while the city of Washington boasts one of the lowest at 0.84%. Analyzing how Pitt County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Pitt County Tax Rate
1.17%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pitt County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ayden | 0.84% | 0.93% | 1.12% | 1.40% | 1.51% |
| Bellarthur | 1.21% | 1.21% | 1.21% | 1.21% | 1.21% |
| Bethel | 0.86% | 0.95% | 1.35% | 1.71% | 2.13% |
| Chocowinity | 0.94% | 0.94% | 0.97% | 1.00% | 1.03% |
| Falkland | 1.41% | 1.41% | 1.41% | 1.44% | 1.45% |
| Farmville | 0.83% | 0.92% | 1.28% | 1.38% | 1.54% |
| Fountain | 0.67% | 0.85% | 0.96% | 1.02% | 1.09% |
| Greenville | 0.86% | 0.93% | 1.23% | 1.30% | 1.38% |
| Grifton | 0.74% | 0.84% | 0.90% | 1.00% | 1.11% |
| Grimesland | 0.83% | 0.87% | 0.91% | 0.99% | 1.26% |
| Macclesfield | 0.75% | 0.82% | 0.87% | 1.00% | 1.11% |
| Robersonville | 0.60% | 0.88% | 0.92% | 0.99% | 1.10% |
| Simpson | 1.40% | 1.41% | 1.42% | 1.42% | 1.43% |
| Stokes | 0.67% | 0.87% | 0.93% | 1.00% | 1.05% |
| Tarboro | 0.62% | 0.83% | 0.86% | 0.97% | 1.01% |
| Vanceboro | 0.67% | 0.90% | 0.97% | 1.03% | 1.11% |
| Walstonburg | 0.71% | 0.83% | 0.92% | 0.98% | 1.00% |
| Washington | 0.79% | 0.79% | 0.84% | 0.98% | 1.11% |
| Winterville | 0.80% | 0.83% | 0.95% | 1.25% | 1.34% |
Source: Ownwell
Property Tax Assessment Values Across Pitt County, North Carolina
In Pitt 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 Pitt 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 Pitt 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. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, Winterville has the highest median tax bill at $1,583, while Bellarthur has the lowest at $423. Being aware of these valuation processes in Pitt 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 Pitt County, North Carolina
Source: Ownwell
$34,934
$102,645
$170,355
Average Pitt County Assessed Value
$124,775
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pitt County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ayden | $28,564 | $61,972 | $97,735 | $158,888 | $236,054 |
| Bellarthur | $34,934 | $34,934 | $34,934 | $34,934 | $34,934 |
| Bethel | $23,815 | $47,947 | $80,229 | $127,645 | $161,755 |
| Chocowinity | $69,987 | $81,462 | $104,116 | $123,217 | $128,293 |
| Falkland | $58,843 | $63,134 | $70,287 | $106,278 | $127,873 |
| Farmville | $27,359 | $57,642 | $98,010 | $159,100 | $236,151 |
| Fountain | $24,556 | $53,001 | $79,463 | $123,667 | $200,339 |
| Greenville | $43,314 | $74,493 | $125,166 | $194,999 | $295,331 |
| Grifton | $27,021 | $52,208 | $84,321 | $124,045 | $170,091 |
| Grimesland | $41,546 | $81,462 | $156,460 | $243,263 | $345,134 |
| Macclesfield | $31,065 | $52,658 | $110,420 | $362,770 | $594,639 |
| Robersonville | $29,480 | $61,876 | $93,908 | $132,715 | $187,470 |
| Simpson | $56,602 | $57,780 | $59,744 | $61,707 | $62,885 |
| Stokes | $43,422 | $69,896 | $99,985 | $157,005 | $246,636 |
| Tarboro | $29,423 | $62,326 | $80,684 | $184,348 | $240,428 |
| Vanceboro | $42,505 | $67,694 | $95,799 | $137,272 | $187,687 |
| Walstonburg | $40,978 | $79,372 | $98,648 | $133,227 | $210,046 |
| Washington | $15,000 | $15,000 | $42,494 | $78,156 | $140,218 |
| Winterville | $65,333 | $106,265 | $170,355 | $232,946 | $301,834 |
Source: Ownwell
Property Tax Bills Across Pitt County, North Carolina
In Pitt County, NC, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This value is then multiplied by the local tax rate to determine the annual tax bill. The median home price in Pitt County is $124,775, and the property tax rate is applied uniformly across all properties. Several factors influence the final tax bill, including the home's assessed value, any applicable exemptions, and the specific tax rate set by the local government. For instance, in Pitt County, the tax bill at the 25th percentile is $804, while at the 75th percentile, it's $2,043. The tax bill can go as high as $3,025 at the 90th percentile. Homeowners in Pitt County experience varying tax burdens depending on their property's assessed value and location. For example, Winterville has the highest median tax bill at $1,583, whereas Bellarthur has the lowest at $423. Compared to the national median property tax rate of 0.99%, Pitt County's tax rates reflect a range of financial impacts on homeowners.
Average Pitt County Tax Bill
$1,320
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Pitt County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ayden | $371 | $721 | $1,098 | $1,811 | $2,488 |
| Bellarthur | $423 | $423 | $423 | $423 | $423 |
| Bethel | $403 | $670 | $927 | $1,501 | $2,255 |
| Chocowinity | $718 | $814 | $1,004 | $1,164 | $1,207 |
| Falkland | $852 | $905 | $992 | $1,498 | $1,802 |
| Farmville | $395 | $666 | $1,090 | $1,763 | $2,593 |
| Fountain | $269 | $513 | $758 | $1,039 | $1,660 |
| Greenville | $533 | $882 | $1,379 | $2,132 | $3,160 |
| Grifton | $256 | $482 | $777 | $1,055 | $1,471 |
| Grimesland | $485 | $806 | $1,415 | $2,158 | $3,271 |
| Macclesfield | $335 | $566 | $1,023 | $2,645 | $5,029 |
| Robersonville | $216 | $545 | $859 | $1,140 | $1,560 |
| Simpson | $808 | $822 | $845 | $869 | $883 |
| Stokes | $391 | $663 | $897 | $1,347 | $2,063 |
| Tarboro | $160 | $515 | $735 | $1,582 | $1,984 |
| Vanceboro | $430 | $624 | $905 | $1,275 | $1,695 |
| Walstonburg | $346 | $656 | $849 | $1,214 | $1,711 |
| Washington | $118 | $118 | $423 | $725 | $1,178 |
| Winterville | $732 | $1,088 | $1,583 | $2,275 | $3,349 |
Source: Ownwell