Edgecombe County, North Carolina Property Taxes
The median property tax rate in Edgecombe County is 0.95%, which is slightly lower than the national median of 0.99% but higher than the North Carolina state median of 0.82%. With a median home value of $68,521 in Edgecombe County, the typical annual property tax bill is about $709, significantly below the national median of $2,690. Property taxes in Edgecombe County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions such as those for primary residences and agricultural properties. Understanding Edgecombe County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Tarboro or another part of Edgecombe County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Edgecombe County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.95%
Estimate Property Tax Bill
$651
$604
Ownwell’s Edgecombe County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Edgecombe County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Edgecombe County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Edgecombe County, North Carolina
Property taxes in Edgecombe County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Edgecombe County is 0.95%, which is slightly lower than the U.S. national median of 0.99%. Local government entities within Edgecombe County set these rates annually, and they can vary significantly between different areas within the county. Each year, Edgecombe County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Edgecombe County's effective property tax rate with other counties in North Carolina and the national median. For comparison, the city of Princeville has one of the higher property tax rates in North Carolina at 1.56%, while the city of Rocky Mount boasts one of the lowest at 0.95%. Analyzing how Edgecombe County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Edgecombe County Tax Rate
0.95%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Edgecombe County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Battleboro | 0.82% | 0.95% | 0.95% | 1.19% | 1.27% |
| Bethel | 1.05% | 1.09% | 1.12% | 1.20% | 1.30% |
| Conetoe | 1.07% | 1.41% | 1.41% | 1.41% | 1.41% |
| Elm City | 1.01% | 1.08% | 1.16% | 1.24% | 1.43% |
| Fountain | 1.03% | 1.08% | 1.15% | 1.23% | 1.43% |
| Greenville | 1.07% | 1.10% | 1.21% | 1.32% | 1.39% |
| Hobgood | 1.04% | 1.14% | 1.21% | 1.33% | 1.45% |
| Macclesfield | 1.05% | 1.12% | 1.20% | 1.32% | 1.34% |
| Pinetops | 1.07% | 1.15% | 1.27% | 1.53% | 1.53% |
| Princeville | 0.81% | 1.56% | 1.56% | 1.56% | 1.56% |
| Rocky Mount | 0.95% | 0.95% | 0.95% | 0.95% | 1.17% |
| Speed | N/A | N/A | N/A | N/A | N/A |
| Tarboro | 0.95% | 0.95% | 0.95% | 1.13% | 1.26% |
| Whitakers | 1.04% | 1.12% | 1.23% | 1.70% | 1.70% |
Source: Ownwell
Property Tax Assessment Values Across Edgecombe County, North Carolina
In Edgecombe County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Edgecombe County Appraisal District. The assessed value, however, 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. Assessment notices in Edgecombe County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. The highest median tax bill in the county is found in Bethel at $939, while the lowest is in Rocky Mount at $597. Being aware of these valuation processes in Edgecombe County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Edgecombe County, North Carolina
Source: Ownwell
$59,488
$71,524
$83,559
Average Edgecombe County Assessed Value
$68,521
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Edgecombe County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Battleboro | $22,816 | $51,328 | $66,136 | $87,314 | $113,922 |
| Bethel | $16,588 | $35,344 | $83,559 | $120,363 | $168,914 |
| Conetoe | $18,110 | $37,897 | $59,488 | $76,836 | $99,533 |
| Elm City | $22,158 | $37,214 | $70,098 | $120,051 | $183,427 |
| Fountain | $17,860 | $33,370 | $68,872 | $110,901 | $170,644 |
| Greenville | $24,010 | $40,020 | $62,467 | $99,925 | $107,625 |
| Hobgood | $20,470 | $49,160 | $68,094 | $96,754 | $151,281 |
| Macclesfield | $21,265 | $41,652 | $71,927 | $109,510 | $167,320 |
| Pinetops | $21,118 | $39,855 | $65,836 | $97,904 | $142,542 |
| Princeville | $11,286 | $24,760 | $61,365 | $80,828 | $97,064 |
| Rocky Mount | $24,306 | $40,586 | $63,137 | $86,202 | $119,227 |
| Speed | N/A | N/A | N/A | N/A | N/A |
| Tarboro | $29,410 | $50,820 | $78,740 | $121,970 | $172,467 |
| Whitakers | $16,514 | $31,758 | $62,548 | $88,622 | $129,497 |
Source: Ownwell
Property Tax Bills Across Edgecombe County, North Carolina
In Edgecombe County, NC, property tax bills are calculated based on the assessed value of a property and the local tax rate. The median home price in the county is $68,521, which serves as a baseline for determining the assessed value. Homeowners can expect their tax bills to fall between $433 at the 25th percentile and $1,063 at the 75th percentile, with the 90th percentile reaching up to $1,548. These figures highlight the variability in tax bills depending on property values and specific assessments. Bethel has the highest median tax bill at $939, while Rocky Mount features the lowest at $597. These tax bills are influenced by factors such as property size, location, and improvements. Compared to the national median property tax rate of 0.99%, Edgecombe County's tax rates can be seen as relatively moderate, providing a balanced approach to property taxation. Homeowners need to consider these factors as they directly impact their annual financial obligations.
Average Edgecombe County Tax Bill
$709
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Edgecombe County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Battleboro | $230 | $437 | $667 | $945 | $1,216 |
| Bethel | $183 | $495 | $939 | $1,387 | $1,668 |
| Conetoe | $230 | $453 | $797 | $1,053 | $1,409 |
| Elm City | $312 | $512 | $810 | $1,349 | $2,094 |
| Fountain | $216 | $430 | $824 | $1,265 | $1,988 |
| Greenville | $360 | $547 | $766 | $938 | $1,244 |
| Hobgood | $339 | $600 | $871 | $1,130 | $1,776 |
| Macclesfield | $268 | $514 | $870 | $1,277 | $1,944 |
| Pinetops | $308 | $521 | $840 | $1,182 | $1,826 |
| Princeville | $173 | $339 | $786 | $1,170 | $1,394 |
| Rocky Mount | $224 | $373 | $597 | $855 | $1,231 |
| Speed | N/A | N/A | N/A | N/A | N/A |
| Tarboro | $304 | $498 | $806 | $1,224 | $1,727 |
| Whitakers | $212 | $430 | $743 | $1,130 | $1,561 |
Source: Ownwell