Stella, North Carolina Property Taxes
The median property tax rate in Stella, NC is 0.58%, significantly lower than both the national median of 0.99% and the North Carolina state median of 0.82%. With a median home value of $194,256 in Stella, the typical annual property tax bill amounts to $1,136, which is well below the national median of $2,690. Property taxes in Stella are calculated based on the tax assessed value, often less than the market value due to exemptions such as those for primary residences and agricultural properties. Gaining a thorough understanding of Stella's property tax system, exploring available exemptions, and identifying opportunities for reductions can result in considerable annual savings. Whether you're in the heart of Stella 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
Stella, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.58%
Estimate Property Tax Bill
$1,127
Ownwell’s Stella Property Tax Bill Calculator offers homeowners, real estate investors, and potential buyers an easy way to estimate annual property taxes in Stella. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Stella to provide an estimated property tax bill. This valuable tool helps you understand your potential tax liabilities, making financial planning more straightforward. For those interested in more detailed insights, neighborhood-level trends are available further down the page. Your property’s assessed value, determined by the county, is used for property tax calculations and considers any applicable exemptions.
Property Tax Rates Across Stella, North Carolina
Property taxes in Stella, North Carolina, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Stella is 0.58%, lower than both the North Carolina state median of 0.85% and the U.S. national median of 0.99%. Local government entities within Stella set these rates annually, and they can vary significantly across different neighborhoods. Each year, Stella 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 Stella's effective property tax rate to other counties in North Carolina and the national median. For comparison, the 28582 zip code has the highest median property tax rate of 0.58%, while the same zip code also has the lowest median tax rate of 0.58%. Understanding how these cities compare with Stella provides valuable insights into the varying tax landscape across Carteret County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Stella Tax Rate
0.58%
Average Carteret County Tax Rate
0.55%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Stella, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28582 | 0.49% | 0.55% | 0.58% | 0.65% | 0.74% |
Source: Ownwell
Property Tax Assessment Values Across Stella, North Carolina
In Stella, 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 Carteret 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 Stella, 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 Stella helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Stella is $194,256, with tax bills ranging from $725 at the 25th percentile to $2,294 at the 90th percentile. The zip code 28582 has the highest and lowest median tax bill, both at $1,136.
Average Stella Assessed Value
$194,256
Average Carteret County Assessed Value
$225,462
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Stella, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28582 | $75,108 | $115,498 | $194,256 | $277,062 | $423,380 |
Source: Ownwell
Property Tax Bills Across Stella, North Carolina
In Stella, NC, property tax bills are calculated based on the assessed value of a home, which is determined by the Carteret County tax assessor. This assessed value is then multiplied by the local tax rate to calculate the annual property tax bill. The median home price in Stella is $194,256, and the tax bills can vary significantly. For instance, the 25th percentile tax bill is $725, while the 75th percentile tax bill reaches $1,603, and the 90th percentile tax bill can be as high as $2,294. Factors affecting the tax bill include the property's assessed value, any applicable exemptions, and the local tax rate. Compared to the national median property tax rate of 0.99%, Stella's rates can lead to varying financial impacts on homeowners. Those living in the zip code 28582, for instance, face a median tax bill of $1,136. Understanding these factors helps homeowners anticipate their yearly financial obligations and manage their budgets effectively.
Average Stella Tax Bill
$1,136
Average Carteret County Tax Bill
$1,125
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Stella, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28582 | $541 | $725 | $1,136 | $1,603 | $2,294 |
Source: Ownwell