Northampton County, North Carolina Property Taxes
The median property tax rate in Northampton County is 1.04%, which is higher than both the national median of 0.99% and the North Carolina state median of 0.82%. With the median home value in Northampton County, the typical annual property tax bill amounts to $808, which is below the national median of $2,690. Property taxes in Northampton County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Northampton 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 Jackson or another part of Northampton County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Northampton County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.04%
Estimate Property Tax Bill
$706
$655
Ownwell’s Northampton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Northampton with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Northampton 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 Northampton County, North Carolina
Property taxes in Northampton County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Northampton County is 1.04%, which is higher than the U.S. national median of 0.99%. Local government entities within Northampton County set these rates annually, and they can vary significantly between different areas within the county. Each year, Northampton 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 Northampton County's effective property tax rate with other counties in North Carolina and the national median. For comparison, the city of Gumberry has one of the higher property tax rates in North Carolina at 2.49%, while the city of Margarettsvl boasts one of the lowest at 0.82%. Analyzing how Northampton County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Northampton County Tax Rate
1.04%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Northampton County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Conway | 0.64% | 0.84% | 1.03% | 1.15% | 1.41% |
| Emporia | N/A | N/A | N/A | N/A | N/A |
| Garysburg | 0.84% | 0.91% | 1.13% | 1.34% | 1.83% |
| Gaston | 0.87% | 0.91% | 1.13% | 1.64% | 2.00% |
| Gumberry | N/A | N/A | N/A | N/A | N/A |
| Henrico | 0.87% | 0.87% | 0.91% | 0.94% | 1.15% |
| Jackson | 0.74% | 0.87% | 1.07% | 1.27% | 1.69% |
| Lasker | 1.01% | 1.19% | 1.46% | 1.62% | 1.70% |
| Margarettsville | 0.75% | 0.87% | 1.05% | 1.22% | 1.74% |
| Margarettsvl | N/A | N/A | N/A | N/A | N/A |
| Murfreesboro | 0.68% | 0.89% | 0.99% | 1.13% | 1.45% |
| Pendleton | 0.81% | 0.84% | 1.00% | 1.13% | 1.53% |
| Pleasant Hill | 0.83% | 0.91% | 1.04% | 1.23% | 1.77% |
| Potecasi | N/A | N/A | N/A | N/A | N/A |
| Rich Square | 0.86% | 1.03% | 1.34% | 1.90% | 2.15% |
| Seaboard | 0.71% | 0.94% | 1.19% | 1.63% | 1.91% |
| Severn | 0.81% | 0.95% | 1.00% | 1.06% | 1.66% |
| Woodland | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Northampton County, North Carolina
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Northampton County. 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 Northampton 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 Northampton 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. In Northampton County, the highest median tax bill is found in Henrico at $3,243, while the lowest is in Gumberry at $332. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Northampton County, North Carolina
Source: Ownwell
$52,059
$207,312
$362,565
Average Northampton County Assessed Value
$67,893
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Northampton County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Conway | $10,500 | $32,307 | $76,585 | $119,940 | $178,827 |
| Emporia | N/A | N/A | N/A | N/A | N/A |
| Garysburg | $1,909 | $14,445 | $52,059 | $88,732 | $147,498 |
| Gaston | $8,029 | $27,408 | $63,677 | $140,567 | $418,075 |
| Gumberry | N/A | N/A | N/A | N/A | N/A |
| Henrico | $9,184 | $74,139 | $362,565 | $613,949 | $851,378 |
| Jackson | $8,499 | $24,910 | $66,884 | $107,388 | $170,668 |
| Lasker | $21,270 | $39,527 | $63,836 | $82,555 | $112,521 |
| Margarettsville | $3,217 | $18,226 | $60,100 | $111,497 | $196,352 |
| Margarettsvl | N/A | N/A | N/A | N/A | N/A |
| Murfreesboro | $14,103 | $40,964 | $93,274 | $153,456 | $275,614 |
| Pendleton | $11,031 | $31,870 | $87,324 | $132,249 | $230,974 |
| Pleasant Hill | $9,410 | $23,144 | $62,276 | $103,382 | $180,557 |
| Potecasi | N/A | N/A | N/A | N/A | N/A |
| Rich Square | $10,050 | $24,528 | $54,819 | $85,183 | $127,054 |
| Seaboard | $10,800 | $31,602 | $68,815 | $106,455 | $168,660 |
| Severn | $15,943 | $62,112 | $101,664 | $139,488 | $177,363 |
| Woodland | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Northampton County, North Carolina
In Northampton County, NC, property tax bills are determined based on the assessed value of a home and the local tax rate. The assessed value is an estimate of the property's market value, which is then multiplied by the tax rate to calculate the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value. Homeowners in Northampton County can expect a range of property tax bills. For instance, the 25th percentile tax bill is $378, while the 75th percentile tax bill is $1,413, and the 90th percentile tax bill reaches up to $3,277. Comparatively, the national median property tax rate is 0.99%, which provides context for understanding local tax burdens. High property taxes can significantly impact homeowners, affecting affordability and long-term financial planning. In Northampton County, the highest median tax bill observed is $3,243 in Henrico, while the lowest is $332 in Gumberry, illustrating the variability within the region.
Average Northampton County Tax Bill
$808
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Northampton County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Conway | $104 | $437 | $807 | $1,166 | $1,618 |
| Emporia | N/A | N/A | N/A | N/A | N/A |
| Garysburg | $59 | $321 | $650 | $992 | $1,539 |
| Gaston | $115 | $458 | $872 | $1,603 | $3,869 |
| Gumberry | N/A | N/A | N/A | N/A | N/A |
| Henrico | $87 | $863 | $3,243 | $5,532 | $7,746 |
| Jackson | $92 | $381 | $734 | $1,092 | $1,660 |
| Lasker | $452 | $573 | $848 | $1,110 | $1,321 |
| Margarettsville | $47 | $341 | $723 | $1,031 | $1,724 |
| Margarettsvl | N/A | N/A | N/A | N/A | N/A |
| Murfreesboro | $211 | $494 | $948 | $1,493 | $2,412 |
| Pendleton | $106 | $427 | $885 | $1,288 | $1,976 |
| Pleasant Hill | $108 | $340 | $714 | $1,088 | $1,799 |
| Potecasi | N/A | N/A | N/A | N/A | N/A |
| Rich Square | $118 | $417 | $737 | $1,177 | $1,749 |
| Seaboard | $127 | $456 | $854 | $1,263 | $1,779 |
| Severn | $340 | $547 | $1,059 | $1,387 | $1,680 |
| Woodland | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell