Greene County Property Taxes
The median property tax rate in Greene County is 0.97%, which is just below the national median of 0.99% but higher than North Carolina's state median of 0.82%. With a median home value of $87,680, the typical annual property tax bill in Greene County amounts to $818, significantly lower than the national median of $2,690. Property taxes here are calculated based on the tax assessed value, often lower than the actual market value due to exemptions like those for primary residences and agricultural properties. Understanding the specific property tax system in Greene County, exploring available exemptions, and identifying opportunities for reductions can lead to substantial yearly savings. Whether you reside in Snow Hill or another part of Greene County, a thorough grasp of local property taxes will benefit both homeowners and real estate investors alike.
Last Updated June 14, 2024
Greene County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.97%
Estimate Property Tax Bill
$850
Ownwell’s Greene County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Greene County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Greene 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 Greene County, North Carolina
Property taxes in Greene County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Greene County is 0.97%, which is lower than the North Carolina state median but slightly below the U.S. national median of 0.99%. Local government entities within Greene County set these rates annually, and they can vary significantly between different areas within the county. Each year, Greene 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. For comparison, the city of Pikeville has one of the higher property tax rates in North Carolina at 1.01%, while the city of Grifton boasts one of the lowest at 0.95%. Analyzing how Greene County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Greene County Tax Rate
0.97%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Greene County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ayden | 0.51% | 0.93% | 0.97% | 1.02% | 1.08% |
| Farmville | 0.43% | 0.90% | 0.96% | 1.00% | 1.07% |
| Goldsboro | 0.33% | 0.33% | 0.33% | 0.33% | 0.33% |
| Grifton | 0.44% | 0.46% | 0.95% | 1.00% | 1.05% |
| Hookerton | 0.45% | 0.84% | 0.96% | 1.01% | 1.06% |
| La Grange | 0.50% | 0.93% | 0.97% | 1.01% | 1.05% |
| Maury | 0.92% | 0.94% | 0.95% | 0.99% | 1.03% |
| Pikeville | 0.20% | 0.45% | 1.01% | 1.09% | 1.15% |
| Snow Hill | 0.51% | 0.92% | 0.98% | 1.06% | 1.18% |
| Stantonsburg | 0.45% | 0.81% | 0.98% | 1.04% | 1.10% |
| Walstonburg | 0.43% | 0.75% | 0.96% | 1.03% | 1.34% |
Source: Ownwell
Property Tax Assessment Values Across Greene County, North Carolina
In Greene 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 Greene 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 Greene 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. For example, Maury has the highest median tax bill at $1,018, while Goldsboro has the lowest at $186. Being aware of these valuation processes in Greene 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 Greene County, North Carolina
Source: Ownwell
$55,950
$81,008
$106,065
Average Greene County Assessed Value
$87,680
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Greene County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ayden | $40,115 | $61,885 | $95,315 | $135,730 | $227,090 |
| Farmville | $46,064 | $66,332 | $90,045 | $132,350 | $197,954 |
| Goldsboro | $55,950 | $55,950 | $55,950 | $55,950 | $55,950 |
| Grifton | $42,848 | $60,132 | $90,690 | $124,322 | $195,501 |
| Hookerton | $41,445 | $62,702 | $84,315 | $121,380 | $186,800 |
| La Grange | $49,326 | $63,190 | $74,000 | $105,430 | $167,090 |
| Maury | $56,407 | $81,082 | $106,065 | $134,552 | $153,621 |
| Pikeville | $41,288 | $49,905 | $63,750 | $92,565 | $114,836 |
| Snow Hill | $40,206 | $62,860 | $89,580 | $129,430 | $202,162 |
| Stantonsburg | $41,028 | $64,510 | $99,350 | $156,280 | $294,028 |
| Walstonburg | $41,870 | $60,250 | $86,120 | $134,235 | $237,400 |
Source: Ownwell
Property Tax Bills Across Greene County, North Carolina
In Greene County, NC, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. Homeowners in this county face a range of tax bills depending on the assessed value of their property. For example, the median home price stands at $87,680. Homes in the 25th percentile of tax bills pay approximately $560 annually, while those in the 75th percentile pay around $1,152. At the 90th percentile, the tax bill can reach as high as $1,657. Several factors influence the tax bill, including the property's assessed value, local tax rates, and any applicable exemptions or deductions. Compared to the national median property tax rate of 0.99%, homeowners in Greene County may find their tax rates to be relatively manageable. Understanding these factors helps homeowners better anticipate their financial obligations and plan accordingly. For instance, in Greene County, the highest median tax bill is $1,018 in Maury, while the lowest is $186 in Goldsboro, illustrating the variability within the region.
Average Greene County Tax Bill
$818
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Greene County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ayden | $391 | $582 | $871 | $1,261 | $1,862 |
| Farmville | $373 | $602 | $817 | $1,146 | $1,645 |
| Goldsboro | $186 | $186 | $186 | $186 | $186 |
| Grifton | $285 | $427 | $732 | $1,055 | $1,337 |
| Hookerton | $329 | $541 | $780 | $1,074 | $1,521 |
| La Grange | $418 | $588 | $706 | $986 | $1,413 |
| Maury | $458 | $664 | $1,018 | $1,267 | $1,435 |
| Pikeville | $137 | $415 | $572 | $884 | $1,101 |
| Snow Hill | $358 | $568 | $855 | $1,190 | $1,684 |
| Stantonsburg | $413 | $602 | $856 | $1,279 | $1,960 |
| Walstonburg | $303 | $546 | $781 | $1,096 | $1,624 |
Source: Ownwell