Jacksonville, North Carolina Property Taxes
The median property tax rate in Jacksonville, NC is 0.40%, considerably lower than both the national median of 0.99% and the North Carolina state median of 0.82%. With the median home value in Jacksonville at $226,800, the typical annual property tax bill reaches $907, significantly below the national median of $2,690. Property taxes in Jacksonville are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Jacksonville's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Jacksonville or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Jacksonville, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.4%
Estimate Property Tax Bill
$907
Ownwell's Jacksonville Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, and potential buyers looking to estimate their annual property taxes in Jacksonville. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Jacksonville to provide an accurate estimate of your property tax bill. This user-friendly tool helps you gain a clear understanding of your potential tax liabilities, enabling better financial planning. For those interested in more detailed insights, you can explore trends at a neighborhood level by scrolling down. Your property’s assessed value, determined by the county, forms the basis for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Jacksonville, North Carolina
Property taxes in Jacksonville, North Carolina, play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Jacksonville is 0.74%, which is significantly higher than the North Carolina state median of 0.70% but still lower than the U.S. national median of 0.99%. Local government entities within Jacksonville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Jacksonville estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Jacksonville's effective property tax rate to other counties in North Carolina and the national median. For comparison, the 28540 zip code has the highest median property tax rate of 0.74%, while the 28546 zip code has the lowest median tax rate of 0.71%. Understanding how these areas compare with Jacksonville provides valuable insights into the varying tax landscape across Onslow County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Jacksonville Tax Rate
0.40%
Average Avery County Tax Rate
0.40%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Jacksonville, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32216 | 0.40% | 0.40% | 0.40% | 0.40% | 0.40% |
| 32256 | 0.40% | 0.40% | 0.40% | 0.40% | 0.40% |
Source: Ownwell
Property Tax Assessment Values Across Jacksonville, North Carolina
In Jacksonville, North Carolina, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Avery County Appraisal District for tax purposes. In contrast, the assessed value 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. In Jacksonville, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Jacksonville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 32256, with a median tax bill of $1798.
Property Tax Assessment Values Across Jacksonville, North Carolina
Source: Ownwell
$1,500
$3,074,950
$6,148,400
Average Jacksonville Assessed Value
$226,800
Average Avery County Assessed Value
$135,500
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Jacksonville, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32216 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 |
| 32256 | $449,600 | $449,600 | $449,600 | $449,600 | $449,600 |
Source: Ownwell
Property Tax Bills Across Jacksonville, North Carolina
In Jacksonville, NC, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. For homeowners, this assessed value is then multiplied by the local tax rate to determine the annual property tax bill. The median home price in Jacksonville is $226,800, which provides a reference point for understanding typical tax bills in the area. Homeowners in Jacksonville can expect their property tax bills to vary significantly. For example, those in the 25th percentile might pay around $462 annually, while those in the 75th percentile could see bills as high as $1353. At the 90th percentile, tax bills can reach up to $1620. Comparatively, the national median property tax rate is 0.99%, making Jacksonville's property taxes relatively moderate. These tax bills play a crucial role in funding local services, such as schools and infrastructure, directly impacting the quality of life for residents. Understanding how these taxes are calculated helps homeowners better manage their financial planning and property-related expenses.
Average Jacksonville Tax Bill
$907
Average Avery County Tax Bill
$540
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Jacksonville, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32216 | $16 | $16 | $16 | $16 | $16 |
| 32256 | $1,798 | $1,798 | $1,798 | $1,798 | $1,798 |
Source: Ownwell