Craven County, North Carolina Property Taxes

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

Median Craven County effective property tax rate: 0.66%, significantly lower than the national median of 1.02%.
Median Craven County home value: $192,005
Median annual Craven County tax bill: $1,328, $1,072 lower than the national median property tax bill of $2,400.

How are property taxes in Craven County calculated?

Property taxes in Craven County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in New Bern or another part of Craven County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Craven County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.66%

Estimate Property Tax Bill

$1,267

$1,176

Ownwell’s Craven County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Craven County with just two data points. By entering your property's estimated assessed value, our calculator applies Craven County’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 more 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 Craven County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Craven County, North Carolina

Local government entities in North Carolina set tax rates, which can vary widely within the state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results 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. Below, you can compare Craven County's effective property tax rate to other counties in North Carolina or the U.S. median property tax rate. Craven County's median property tax rate stands at 0.66%, which is notably below the national median of 1.02%. Within North Carolina, Havelock has the highest median tax rate at 1.15%, while Pollocksville has the lowest at 0.48%. Comparing these figures highlights the diversity in tax rates across the state, emphasizing the importance of understanding local tax structures.

Property Tax Rates Across Craven County, North Carolina

Source: Ownwell

0.48%

0.82%

1.15%

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 Craven County Tax Rate

0.66%

Median Effective North Carolina Tax Rate

0.82%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Craven County, North Carolina

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Bridgeton	0.98%	0.98%	0.98%	0.98%	0.98%
Cove City	0.49%	0.51%	0.54%	0.58%	0.78%
Dover	0.51%	0.54%	0.56%	0.66%	0.89%
Ernul	0.47%	0.49%	0.52%	0.54%	0.56%
Grifton	0.46%	0.48%	0.51%	0.53%	0.65%
Havelock	0.51%	0.53%	1.15%	1.17%	1.18%
New Bern	0.48%	0.50%	0.73%	0.85%	0.88%
Pollocksville	0.47%	0.48%	0.48%	0.48%	0.49%
Trent Woods	0.65%	0.66%	0.66%	0.67%	0.67%
Vanceboro	0.46%	0.48%	0.50%	0.53%	0.90%
Kinston	N/A	N/A	N/A	N/A	N/A
Newport	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Craven County, North Carolina

When examining property taxes in Craven County, 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 Craven 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 Craven 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 Craven County.

For example, the median tax bill in Craven County is $1,352, with tax bills ranging significantly across the county. Pollocksville has the highest median home price at $398,090.

Property Tax Assessment Values Across Craven County, North Carolina

Source: Ownwell

$106,165

$252,128

$398,090

Median Craven County Market Value

$192,005

Median North Carolina Market Value

$197,136

Median United States Market Value

$235,294

Property Tax Assessment Values Across Craven County, North Carolina

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Bridgeton	$55,368	$99,540	$162,260	$223,640	$326,642
Cove City	$18,000	$67,602	$125,230	$189,315	$258,440
Dover	$16,200	$51,838	$106,165	$156,075	$220,494
Ernul	$22,072	$96,515	$142,265	$198,082	$279,627
Grifton	$14,067	$29,435	$112,560	$183,192	$280,482
Havelock	$69,646	$119,690	$155,560	$213,380	$279,620
New Bern	$72,425	$134,692	$213,300	$301,528	$417,510
Pollocksville	$304,680	$330,005	$398,090	$528,510	$609,980
Trent Woods	$212,362	$245,180	$308,730	$440,652	$677,902
Vanceboro	$17,256	$66,200	$126,070	$185,160	$264,944
Kinston	N/A	N/A	N/A	N/A	N/A
Newport	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Craven County, North Carolina

In Craven County, NC, property tax bills are determined by assessing the market value of a property and applying the local tax rate. The median home price in the county is $192,005. Homeowners can expect variability in their tax bills, with the 25th percentile at $784 and the 75th percentile reaching $1,926. For those at the 90th percentile, tax bills can climb to $2,773. This range illustrates how factors such as property location and value influence tax obligations. For instance, homeowners in Trent Woods face the highest median tax bill at $2,036, while those in Grifton benefit from the lowest at $588. Compared to the national median property tax bill of $2,400, Craven County offers a relatively lower tax burden for many homeowners. Understanding these factors can help homeowners plan their finances and potentially seek appeals or exemptions if they believe their property has been over-assessed. It’s crucial for homeowners to stay informed about local tax rates and market trends to effectively manage their property tax liabilities.

Property Tax Bills Across Craven County, North Carolina

Source: Ownwell

$588

$1,312

$2,036

Median Craven County Tax Bill

$1,328

Median North Carolina Tax Bill

$1,615

Median United States Tax Bill

$2,400

Property Tax Bills Across Craven County, North Carolina

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Bridgeton	$591	$959	$1,737	$2,197	$2,943
Cove City	$101	$367	$710	$1,041	$1,406
Dover	$98	$314	$622	$941	$1,273
Ernul	$127	$477	$754	$1,004	$1,422
Grifton	$102	$236	$588	$961	$1,376
Havelock	$518	$957	$1,515	$1,957	$2,568
New Bern	$444	$874	$1,355	$1,998	$2,915
Pollocksville	$1,476	$1,594	$1,890	$2,464	$2,895
Trent Woods	$1,409	$1,622	$2,036	$2,876	$4,421
Vanceboro	$92	$332	$657	$1,011	$1,441
Kinston	N/A	N/A	N/A	N/A	N/A
Newport	N/A	N/A	N/A	N/A	N/A

Source: Ownwell