Williamston, Martin County, North Carolina Property Taxes
Median Williamston, NC effective property tax rate: 1.18%, significantly higher than the national median of 1.02%, but lower than the North Carolina state median of 0.82%.
Median Williamston, NC home value: $54,080
Median annual Williamston, NC tax bill: $679, $1,721 lower than the national median property tax bill of $2,400.
How are property taxes in Martin County calculated?
Property taxes in Williamston, 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 Williamston’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Williamston, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Williamston, Martin County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.18%
Estimate Property Tax Bill
$638
$592
Property Tax Rates Across Williamston, Martin County, North Carolina
Local government entities set property tax rates, which can vary widely within North Carolina. 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.
In Williamston, located in Martin County, the effective property tax rate is 1.18%. This rate is higher than the national median property tax rate of 1.02%. When comparing it to the median property tax rates in North Carolina and across the United States, Williamston stands out with its higher rate. For property owners, this means that the tax burden in Williamston is relatively higher than the national average. Understanding these rates can help property owners make informed decisions about their investments and financial planning. Whether you're considering appealing your property tax assessment or exploring exemption opportunities, being aware of these trends is crucial for optimizing your property tax strategy.
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 Williamston Tax Rate
1.18%
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 Martin County Tax Rate
1.26%
Median Effective North Carolina Tax Rate
0.82%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Williamston, Martin County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27892 | 0.81% | 0.99% | 1.18% | 1.58% | 2.96% |
Source: Ownwell
Property Tax Assessment Values Across Williamston, Martin County, North Carolina
When examining property taxes in Williamston, 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 Martin 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 Martin 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 Williamston.
For example, the median home price in Williamston is $54,080, with tax bills ranging significantly across the county. Zip code 27892 has the highest median home price at $54,080.
Property Tax Assessment Values Across Williamston, Martin County, North Carolina
Source: Ownwell
$15,035
$34,558
$54,080
Median Williamston Market Value
$54,080
Median Martin County Market Value
$43,060
Median North Carolina Market Value
$197,136
Median United States Market Value
$235,294
Property Tax Assessment Values Across Williamston, Martin County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27892 | $9,069 | $19,192 | $54,080 | $87,055 | $132,132 |
Source: Ownwell
Property Tax Bills Across Williamston, Martin County, North Carolina
In Williamston, NC, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the market value, which is determined by the county's appraisal of the property. Homeowners in Williamston can expect a median tax bill of $679, which is significantly lower than the national median property tax bill of $2400. Factors such as property size, location, and improvements can influence the assessed value, ultimately affecting the tax bill. For those in Williamston, tax bills range from $368 at the 25th percentile to $1485 at the 90th percentile, illustrating a wide variance based on individual property assessments.
Ownwell offers valuable assistance to homeowners by providing property tax appeal and exemption services, potentially reducing their tax burden. By analyzing property assessments and identifying discrepancies, Ownwell can help homeowners in Williamston save on their property tax bills, ensuring they are not overpaying and are taking advantage of any available exemptions.
Median Williamston Tax Bill
$679
Median Martin County Tax Bill
$622
Median North Carolina Tax Bill
$1,615
Median United States Tax Bill
$2,400
Property Tax Bills Across Williamston, Martin County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27892 | $101 | $368 | $679 | $971 | $1,485 |
Source: Ownwell