Nash County, North Carolina Property Taxes
The median property tax rate in Nash County is 0.72%, which is lower than both the national median of 0.99% and the North Carolina state median of 0.82%. With a median home value of $102,010 in Nash County, the typical annual property tax bill is around $784, significantly less than the national median of $2,690. Property taxes in Nash County are calculated based on the tax assessed value, which typically falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Nash 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 Rocky Mount or another part of Nash County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Nash County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.72%
Estimate Property Tax Bill
$734
$682
Ownwell’s Nash County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Nash County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Nash 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 Nash County, North Carolina
Property taxes in Nash County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Nash County is 0.72%, which is lower than both the North Carolina state median and the U.S. national median of 0.99%. Local government entities within Nash County set these rates annually, and they can vary significantly between different areas within the county. Each year, Nash 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 Nash County's effective property tax rate with other areas in North Carolina and the national median. For comparison, the city of Sharpsburg has one of the higher property tax rates in North Carolina at 1.70%, while the city of Rocky Mount boasts one of the lowest at 0.67%. Analyzing how Nash County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Nash County Tax Rate
0.72%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Nash County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bailey | 0.74% | 0.81% | 0.87% | 0.99% | 1.42% |
| Battleboro | 0.67% | 0.78% | 0.81% | 0.93% | 1.03% |
| Castalia | 0.55% | 0.89% | 0.98% | 1.11% | 1.15% |
| Elm City | 0.78% | 0.81% | 0.84% | 0.89% | 0.99% |
| Hollister | N/A | N/A | N/A | N/A | N/A |
| Middlesex | 0.77% | 0.87% | 0.96% | 1.23% | 1.34% |
| Nashville | 0.67% | 0.67% | 0.81% | 0.92% | 1.04% |
| Rocky Mount | 0.67% | 0.67% | 0.67% | 0.68% | 0.89% |
| Sharpsburg | N/A | N/A | N/A | N/A | N/A |
| Sims | 0.74% | 0.80% | 0.83% | 0.91% | 0.97% |
| Spring Hope | 0.62% | 0.77% | 0.86% | 0.95% | 1.04% |
| Whitakers | 0.47% | 0.88% | 0.96% | 1.05% | 1.42% |
| Wilson | 0.46% | 0.82% | 0.90% | 0.95% | 1.05% |
| Zebulon | 0.78% | 0.84% | 0.91% | 0.96% | 1.02% |
Source: Ownwell
Property Tax Assessment Values Across Nash County, North Carolina
In Nash 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 Nash 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 Nash 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. Being aware of these valuation processes in Nash County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. For example, Elm City has the highest median tax bill at $1,408, while Castalia has the lowest at $646. This range highlights the importance of understanding your specific property valuation and potential tax savings.
Property Tax Assessment Values Across Nash County, North Carolina
Source: Ownwell
$69,540
$120,520
$171,500
Average Nash County Assessed Value
$102,010
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Nash County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bailey | $43,235 | $68,542 | $105,845 | $175,540 | $243,650 |
| Battleboro | $41,270 | $64,190 | $114,010 | $222,120 | $294,736 |
| Castalia | $34,866 | $47,970 | $69,540 | $109,010 | $165,442 |
| Elm City | $61,532 | $106,920 | $171,500 | $242,750 | $323,846 |
| Hollister | N/A | N/A | N/A | N/A | N/A |
| Middlesex | $37,118 | $59,500 | $84,950 | $136,015 | $211,674 |
| Nashville | $43,172 | $67,955 | $119,900 | $175,630 | $247,716 |
| Rocky Mount | $25,152 | $61,690 | $102,370 | $158,725 | $238,162 |
| Sharpsburg | N/A | N/A | N/A | N/A | N/A |
| Sims | $57,910 | $89,360 | $129,950 | $167,160 | $228,054 |
| Spring Hope | $34,873 | $57,285 | $83,550 | $138,558 | $231,715 |
| Whitakers | $35,247 | $58,822 | $80,330 | $118,020 | $224,230 |
| Wilson | $47,810 | $68,160 | $90,230 | $123,790 | $231,386 |
| Zebulon | $54,526 | $68,490 | $88,310 | $146,960 | $252,922 |
Source: Ownwell
Property Tax Bills Across Nash County, North Carolina
In Nash County, NC, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county and reflects the market value of the property. Homeowners in Nash County experience varying tax bills, influenced by factors such as property size, location, and improvements. The median home price in Nash County is $102,010, and property tax rates are applied to this assessed value to determine the tax bill. For example, the tax bill at the 25th percentile is $501, while at the 75th percentile, it rises to $1273. At the 90th percentile, homeowners may see tax bills as high as $1915. Comparatively, the highest median tax bill in the county is $1408 in Elm City, whereas Castalia has the lowest at $646. These tax bills impact homeowners' annual expenses and can influence decisions regarding property investments and homeownership. Understanding how these factors interplay helps residents manage their financial planning more effectively.
Average Nash County Tax Bill
$784
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Nash County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bailey | $431 | $646 | $944 | $1,458 | $1,991 |
| Battleboro | $349 | $561 | $928 | $1,755 | $2,256 |
| Castalia | $324 | $482 | $646 | $980 | $1,300 |
| Elm City | $560 | $884 | $1,408 | $1,980 | $2,595 |
| Hollister | N/A | N/A | N/A | N/A | N/A |
| Middlesex | $377 | $578 | $808 | $1,296 | $1,956 |
| Nashville | $337 | $558 | $876 | $1,393 | $1,989 |
| Rocky Mount | $172 | $426 | $722 | $1,179 | $1,784 |
| Sharpsburg | N/A | N/A | N/A | N/A | N/A |
| Sims | $545 | $687 | $1,045 | $1,248 | $1,795 |
| Spring Hope | $279 | $485 | $712 | $1,101 | $1,760 |
| Whitakers | $310 | $557 | $754 | $1,099 | $1,755 |
| Wilson | $367 | $593 | $791 | $989 | $1,538 |
| Zebulon | $504 | $651 | $794 | $1,248 | $2,063 |
Source: Ownwell