Wilson County Property Taxes
The median property tax rate in Wilson County is 1.30%, which is significantly higher than both the national median of 0.99% and the North Carolina state median of 0.82%. With the median home value in Wilson County at $97,889, the typical annual property tax bill reaches $1,033, slightly below the national median of $2,690. Property taxes in Wilson 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 Wilson 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 Wilson or another part of Wilson County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Wilson County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.3%
Estimate Property Tax Bill
$1,273
$1,181
Ownwell’s Wilson County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Wilson County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Wilson 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 Wilson County, North Carolina
Property taxes in Wilson County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Wilson County is 1.30%, which is higher than the U.S. national median of 0.99%. Local government entities within Wilson County set these rates annually, and they can vary significantly between different areas within the county. Each year, Wilson 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. For comparison, the city of Black Creek has one of the higher property tax rates in the region at 1.39%, while the city of Middlesex boasts one of the lowest at 0.79%. Analyzing how Wilson County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Wilson County Tax Rate
1.30%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Wilson County, North Carolina
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Bailey | 0.60% | 0.85% | 0.87% | 0.89% | 0.92% |
Black Creek | 0.90% | 1.38% | 1.39% | 1.39% | 1.39% |
Elm City | 0.55% | 0.85% | 0.88% | 1.07% | 1.43% |
Fountain | 0.38% | 0.49% | 0.80% | 0.90% | 0.96% |
Fremont | 0.49% | 0.87% | 0.92% | 0.95% | 1.00% |
Kenly | 0.49% | 0.85% | 0.87% | 0.92% | 1.02% |
Lucama | 0.51% | 0.86% | 0.91% | 0.96% | 1.23% |
Macclesfield | 0.54% | 0.84% | 0.88% | 0.91% | 1.00% |
Middlesex | 0.57% | 0.78% | 0.79% | 0.83% | 0.86% |
Rocky Mount | 0.72% | 0.93% | 0.96% | 1.51% | 1.51% |
Saratoga | 1.24% | 1.31% | 1.31% | 1.31% | 1.31% |
Sims | 0.53% | 0.84% | 0.86% | 0.91% | 1.31% |
Stantonsburg | 0.60% | 0.92% | 0.99% | 1.23% | 1.31% |
Walstonburg | 0.56% | 0.88% | 0.93% | 1.31% | 1.31% |
Wilson | 0.87% | 1.02% | 1.30% | 1.31% | 1.31% |
Source: Ownwell
Property Tax Assessment Values Across Wilson County, North Carolina
In Wilson 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 Wilson 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 Wilson 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. For instance, homeowners in Sims face the highest median tax bill at $1,251, while those in Fountain have the lowest at $575. 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 Wilson 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 Wilson County, North Carolina
Source: Ownwell
$66,768
$107,800
$148,831
Average Wilson County Assessed Value
$97,889
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Wilson County, North Carolina
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Bailey | $58,407 | $78,122 | $105,726 | $151,331 | $216,978 |
Black Creek | $44,812 | $64,484 | $77,232 | $97,177 | $115,682 |
Elm City | $37,007 | $65,538 | $88,662 | $128,463 | $198,981 |
Fountain | $31,241 | $57,785 | $81,432 | $126,213 | $177,819 |
Fremont | $39,597 | $62,477 | $87,351 | $145,582 | $216,792 |
Kenly | $33,232 | $61,617 | $95,460 | $156,845 | $239,930 |
Lucama | $30,918 | $57,192 | $84,714 | $126,039 | $189,258 |
Macclesfield | $21,990 | $52,734 | $83,821 | $128,277 | $223,359 |
Middlesex | $56,071 | $80,821 | $146,425 | $202,450 | $306,068 |
Rocky Mount | $17,279 | $36,303 | $66,768 | $93,491 | $126,844 |
Saratoga | $38,572 | $52,313 | $76,317 | $102,574 | $119,621 |
Sims | $46,494 | $79,994 | $142,574 | $216,103 | $302,164 |
Stantonsburg | $32,576 | $52,398 | $80,342 | $116,817 | $166,824 |
Walstonburg | $29,071 | $44,618 | $78,482 | $129,031 | $191,693 |
Wilson | $42,513 | $65,276 | $101,788 | $153,977 | $226,097 |
Source: Ownwell
Property Tax Bills Across Wilson County, North Carolina
In Wilson County, NC, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the county assessor and reflects the market value of the property. Once the assessed value is established, it is multiplied by the local property tax rate to calculate the annual tax bill. For instance, with a median home price of $97,889, homeowners can expect varying tax bills depending on their property's valuation and location within the county. Factors such as property size, location, and improvements can influence the assessed value. Homeowners in Wilson County experience a range of property tax bills, from $646 at the 25th percentile to $2,496 at the 90th percentile. Cities within the county, like Sims, have the highest median tax bill at $1,251, while Fountain has the lowest at $575. Compared to the national median property tax rate of 0.99%, Wilson County's property taxes can significantly impact homeowners' finances, making it crucial to understand how these bills are determined.
Average Wilson County Tax Bill
$1,033
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Wilson County, North Carolina
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Bailey | $452 | $647 | $870 | $1,227 | $1,690 |
Black Creek | $521 | $838 | $1,038 | $1,281 | $1,588 |
Elm City | $306 | $576 | $850 | $1,180 | $1,766 |
Fountain | $181 | $406 | $575 | $880 | $1,176 |
Fremont | $297 | $575 | $783 | $1,027 | $1,736 |
Kenly | $250 | $469 | $808 | $1,295 | $1,981 |
Lucama | $241 | $478 | $778 | $1,110 | $1,575 |
Macclesfield | $199 | $439 | $675 | $996 | $1,419 |
Middlesex | $341 | $640 | $1,180 | $1,514 | $2,332 |
Rocky Mount | $193 | $410 | $654 | $910 | $1,196 |
Saratoga | $541 | $640 | $1,001 | $1,357 | $1,586 |
Sims | $351 | $649 | $1,251 | $1,923 | $2,524 |
Stantonsburg | $309 | $505 | $773 | $1,187 | $1,520 |
Walstonburg | $313 | $457 | $731 | $1,063 | $1,343 |
Wilson | $462 | $703 | $1,170 | $1,862 | $2,744 |
Source: Ownwell