Nags Head, Dare County, North Carolina Property Taxes
Median Nags Head, NC effective property tax rate: 0.73%, significantly lower than the national median of 1.02%, but lower than the NC state median of 0.82%.
Median Nags Head, NC home value: $418,416
Median annual Nags Head, NC tax bill: $2,570, $170 higher than the national median property tax bill of $2,400.
How are property taxes in Dare calculated?
Property taxes in Nags Head, 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 Nags Head’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Nags Head, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Nags Head, Dare County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.73%
Estimate Property Tax Bill
$3,054
$2,834
Property Tax Rates Across Nags Head, Dare County, North Carolina
Local government entities set tax rates, which can vary widely within a 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 Nags Head’s effective property tax rate to other cities in North Carolina and the median property tax rates in North Carolina and the U.S.
In Nags Head, located in Dare County, property owners experience a median property tax rate of 0.73%. This rate is relatively lower than the national median property tax rate of 1.02%. Homeowners in this region benefit from a property tax rate that is below the national average, offering a more affordable option for property ownership compared to other regions. By understanding these rates, property owners can make informed decisions about property investments and potential savings on property taxes.
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 Nags Head Tax Rate
0.73%
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 Dare County Tax Rate
0.64%
Median Effective North Carolina Tax Rate
0.82%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Nags Head, Dare County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27959 | 0.33% | 0.40% | 0.73% | 0.74% | 0.88% |
Source: Ownwell
Property Tax Assessment Values Across Nags Head, Dare County, North Carolina
When examining property taxes in Nags Head, 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 Dare 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.
Assessment notices: In Dare 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 Nags Head.
For example, the median home price in Nags Head is $418,416, with tax bills ranging significantly across the county. Zip code 27959 has the highest median home price at $418,416.
Property Tax Assessment Values Across Nags Head, Dare County, North Carolina
Source: Ownwell
$167,600
$362,100
$556,600
Median Nags Head Market Value
$418,416
Median Dare County Market Value
$355,020
Median North Carolina Market Value
$197,136
Median United States Market Value
$235,294
Property Tax Assessment Values Across Nags Head, Dare County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27959 | $271,800 | $325,444 | $418,416 | $598,900 | $1,049,560 |
Source: Ownwell
Property Tax Bills Across Nags Head, Dare County, North Carolina
In Nags Head, located in Dare County, NC, property tax bills are determined by assessing the property's market value and applying the local tax rate. The process involves evaluating the property's worth, which is then multiplied by the tax rate set by the local government. Homeowners in Nags Head face property tax bills with a median of $2,570. This figure is slightly above the national median property tax bill of $2,400, indicating a higher financial impact on local homeowners. Tax bills can vary significantly, with the 25th percentile at $1,730 and the 90th percentile reaching $6,896, reflecting differences in property values and individual assessments.
Ownwell assists homeowners by providing property tax appeal and exemption services. By analyzing market trends and property assessments, Ownwell identifies potential discrepancies in property valuations. This expertise enables homeowners to challenge inaccurate assessments, potentially lowering their tax bills. With Ownwell's guidance, homeowners can ensure their property taxes are fair and accurate, resulting in significant savings and financial relief.
Median Nags Head Tax Bill
$2,570
Median Dare County Tax Bill
$2,313
Median North Carolina Tax Bill
$1,615
Median United States Tax Bill
$2,400
Property Tax Bills Across Nags Head, Dare County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27959 | $1,153 | $1,730 | $2,570 | $3,981 | $6,896 |
Source: Ownwell