Hertford, Chowan County, North Carolina Property Taxes

Name: Property Tax Bills Across Hertford, Chowan County, North Carolina
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median HERTFORD, NC effective property tax rate: 0.74%, significantly lower than the national median of 1.02%, but lower than the NC state median of 0.82%.
Median HERTFORD, NC home value: $225,852
Median annual HERTFORD, NC tax bill: $1,670, $730 lower than the national median property tax bill of $2,400.

How are property taxes in Chowan calculated?

Property taxes in HERTFORD, NC are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption. Understanding HERTFORD’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in HERTFORD, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Hertford, Chowan County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.74%

Estimate Property Tax Bill

$1,671

$1,551

Ownwell’s Hertford Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Hertford with just two data points. By entering your property's estimated assessed value, our calculator applies Hertford’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Chowan County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Hertford, Chowan County, North Carolina

Local government entities set tax rates, which can vary widely within a state. This is because each county estimates its required budget to provide services annually and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. In Hertford, located in Chowan County, North Carolina, the effective property tax rate reflects these local decisions. Comparing Hertford’s tax rate to other cities in North Carolina and the national median, homeowners in Hertford may find a favorable contrast. North Carolina's median property tax rate is lower than the national median, offering potential savings for property owners. This lower rate can make Hertford an attractive option for those seeking a more affordable property tax environment. Understanding these rates can empower homeowners to make informed decisions about property ownership and potential savings.

Property Tax Rates Across Hertford, Chowan County, North Carolina

Source: Ownwell

0.73%

0.74%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Hertford Tax Rate

0.74%

Median Effective Chowan County Tax Rate

0.74%

Median Effective North Carolina Tax Rate

0.82%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Hertford, Chowan County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
27944	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Hertford, Chowan County, North Carolina

When examining property taxes in Hertford, NC, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Chowan County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Chowan County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Hertford.

For example, the median home price in Hertford is $225,852, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Hertford, Chowan County, North Carolina

Source: Ownwell

$139,402

$161,115

$182,828

Median Hertford Market Value

$225,852

Median Chowan County Market Value

$147,626

Median North Carolina Market Value

$197,136

Median United States Market Value

$235,294

Property Tax Assessment Values Across Hertford, Chowan County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
27944	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Hertford, Chowan County, North Carolina

In Hertford, located in Chowan County, NC, property tax bills are calculated based on the assessed value of a property. The assessed value is determined by the local tax assessor and is not necessarily equal to the market value. Homeowners in Hertford face a median property tax bill of approximately $1,670, which is notably lower than the national median property tax bill of $2,400. This is due to the relatively lower median home price of $225,852 in the area. Factors such as property improvements or changes in the local tax rate can influence the assessed value and, consequently, the tax bill. Despite the lower tax rates, many homeowners may still feel the financial strain of property taxes. This is where Ownwell can make a difference. By providing expert property tax appeal and exemption services, Ownwell helps homeowners ensure their property is fairly assessed, potentially leading to significant tax savings. Our team of specialists works diligently to reduce your property tax burden, offering peace of mind and financial relief.

Property Tax Bills Across Hertford, Chowan County, North Carolina

Source: Ownwell

$936

$1,084

$1,231

Median Hertford Tax Bill

$1,670

Median Chowan County Tax Bill

$1,115

Median North Carolina Tax Bill

$1,615

Median United States Tax Bill

$2,400

Property Tax Bills Across Hertford, Chowan County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
27944	N/A	N/A	N/A	N/A	N/A

Source: Ownwell