Teachey, Duplin County, North Carolina Property Taxes

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

Median Teachey, NC effective property tax rate: 0.91%, slightly lower than the national median of 1.02%, but higher than the North Carolina state median of 0.82%.
Median Teachey, NC home value: $73,800
Median annual Teachey, NC tax bill: $722, $1,678 lower than the national median property tax bill of $2,400.

How are property taxes in Duplin County calculated?

Property taxes in Teachey, 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 Teachey’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Teachey, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Teachey, Duplin County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.91%

Estimate Property Tax Bill

$672

$623

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

Property Tax Rates Across Teachey, Duplin County, North Carolina

Local government entities determine tax rates, which can differ significantly within a state. This is because each year, counties estimate their required budget to provide services and divide that by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the core of the annual process. In Teachey, situated in Duplin County, the effective property tax rate is 0.91%. This rate aligns closely with the median property tax rate for North Carolina, providing a stable comparison within the state. Compared to the national median property tax rate of 1.02%, Teachey's rate is lower, offering residents a more favorable tax environment. Understanding these rates is crucial for property owners seeking to manage their expenses effectively. Whether you're a homeowner or considering purchasing property in Teachey, being informed about local tax rates can significantly impact your financial planning and investment decisions.

Property Tax Rates Across Teachey, Duplin County, North Carolina

Source: Ownwell

0.90%

1.05%

1.21%

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 Teachey Tax Rate

0.91%

Median Effective Duplin County Tax Rate

0.96%

Median Effective North Carolina Tax Rate

0.82%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Teachey, Duplin County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
28464	0.73%	0.74%	0.91%	1.03%	1.39%

Source: Ownwell

Property Tax Assessment Values Across Teachey, Duplin County, North Carolina

When examining property taxes in Teachey, 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 Duplin County property assessor 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 Duplin 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 Teachey. For example, the median home price in Teachey is $73,800, with tax bills ranging significantly across the county. Zip code 28464 has the highest median home price at $73,800.

Property Tax Assessment Values Across Teachey, Duplin County, North Carolina

Source: Ownwell

$61,300

$70,750

$80,200

Median Teachey Market Value

$73,800

Median Duplin County Market Value

$70,400

Median North Carolina Market Value

$197,136

Median United States Market Value

$235,294

Property Tax Assessment Values Across Teachey, Duplin County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
28464	$20,500	$46,900	$73,800	$123,100	$149,400

Source: Ownwell

Property Tax Bills Across Teachey, Duplin County, North Carolina

In Teachey, located in Duplin County, NC, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The median home price in Teachey is $73,800, which influences the assessed value and, subsequently, the tax bill. Homeowners in this area typically encounter tax bills that range widely, with the 25th percentile at $503 and the 75th percentile reaching $1,034. The 90th percentile tax bill can rise to $1,623. Notably, the highest and lowest median tax bills in the area are both $722, which is significantly below the national median property tax bill of $2,400. This relatively low tax burden can be beneficial for homeowners, but there are still opportunities for savings. Ownwell assists homeowners by identifying potential discrepancies in property assessments and finding exemptions that may apply, ultimately helping to reduce property tax bills. By leveraging expert knowledge and experience, Ownwell ensures homeowners pay only their fair share, providing peace of mind and potential savings.

Property Tax Bills Across Teachey, Duplin County, North Carolina

Source: Ownwell

$606

$794

$981

Median Teachey Tax Bill

$722

Median Duplin County Tax Bill

$757

Median North Carolina Tax Bill

$1,615

Median United States Tax Bill

$2,400

Property Tax Bills Across Teachey, Duplin County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
28464	$328	$503	$722	$1,034	$1,623

Source: Ownwell