Carolina Beach, New Hanover County, North Carolina Property Taxes

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

Median Carolina Beach, NC effective property tax rate: 0.67%, significantly lower than the national median of 1.02%, but lower than the North Carolina state median of 0.82%.
Median Carolina Beach, NC home value: $362,400
Median annual Carolina Beach, NC tax bill: $2,345, $55 lower than the national median property tax bill of $2,400.

How are property taxes in New Hanover calculated?

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

Last Updated March 1, 2025

Carolina Beach, New Hanover County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.67%

Estimate Property Tax Bill

$2,428

$2,253

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

Property Tax Rates Across Carolina Beach, New Hanover County, North Carolina

Local government entities determine tax rates, which can differ significantly within a state. This variation is due to each county's annual budget estimation process, which involves calculating the total value of all taxable property within its jurisdiction and dividing the required budget by this value. This calculation determines the property tax rate. Despite the involvement of votes and laws in setting these rates and budgets, this is the annual process in a nutshell.

In Carolina Beach, located in New Hanover County, the effective property tax rate stands at 0.67%. This rate is notably lower than both the state median and the national median property tax rate of 1.02%. Such a low tax rate can be appealing for property owners, as it translates into a lower tax bill compared to many other regions. When compared to the national median property tax bill of $2,400, property owners in Carolina Beach might find themselves paying significantly less, making it an attractive location for those seeking to minimize their property tax burden.

Property Tax Rates Across Carolina Beach, New Hanover County, North Carolina

Source: Ownwell

0.54%

0.69%

0.84%

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 Carolina Beach Tax Rate

0.67%

Median Effective New Hanover County Tax Rate

0.57%

Median Effective North Carolina Tax Rate

0.82%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Carolina Beach, New Hanover County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
28428	0.66%	0.66%	0.66%	0.67%	0.67%

Source: Ownwell

Property Tax Assessment Values Across Carolina Beach, New Hanover County, North Carolina

When examining property taxes in Carolina Beach, 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 New Hanover 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 New Hanover 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 Carolina Beach.

For example, the median home price in Carolina Beach is $362,400, with tax bills ranging significantly across the county. Zip code 28428 has the highest median home price at $362,400.

Property Tax Assessment Values Across Carolina Beach, New Hanover County, North Carolina

Source: Ownwell

$174,100

$558,250

$942,400

Median Carolina Beach Market Value

$362,400

Median New Hanover County Market Value

$265,900

Median North Carolina Market Value

$197,136

Median United States Market Value

$235,294

Property Tax Assessment Values Across Carolina Beach, New Hanover County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
28428	$207,700	$265,550	$362,400	$479,950	$632,100

Source: Ownwell

Property Tax Bills Across Carolina Beach, New Hanover County, North Carolina

In Carolina Beach, NC, property tax bills are calculated based on the assessed value of a home, which is determined by the New Hanover County tax assessor. The assessed value is then multiplied by the local tax rate to determine the tax bill. For homeowners in Carolina Beach, the median home price is $362,400, which influences their tax obligations. The tax bills in this region range significantly, with the 25th percentile at $1,681 and the 90th percentile reaching up to $4,059. Compared to the national median property tax bill of $2,400, Carolina Beach homeowners experience a varied tax landscape. The highest and lowest median tax bills in the area are both $2,345, which is just below the national median. These variations can significantly impact homeowners' finances. Ownwell assists homeowners by reviewing their property assessments and identifying potential errors or opportunities for exemptions, ensuring they do not overpay. By leveraging expert insights, Ownwell helps homeowners in Carolina Beach potentially save on their property tax bills, providing relief and financial clarity.

Property Tax Bills Across Carolina Beach, New Hanover County, North Carolina

Source: Ownwell

$1,060

$3,025

$4,990

Median Carolina Beach Tax Bill

$2,345

Median New Hanover County Tax Bill

$1,671

Median North Carolina Tax Bill

$1,615

Median United States Tax Bill

$2,400

Property Tax Bills Across Carolina Beach, New Hanover County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
28428	$1,254	$1,681	$2,345	$3,108	$4,059

Source: Ownwell