Hubert, North Carolina Property Taxes
The median property tax rate in Hubert, NC is 0.65%, which is significantly lower than the national median of 0.99% and the North Carolina state median of 0.82%. With a median home value of $183,166 in Hubert, the typical annual property tax bill amounts to $1,176, falling well below the national median of $2,690. Property taxes in Hubert are determined based on the assessed value, which often comes in lower than the market value due to exemptions such as primary residence and agricultural exemptions. Gaining a comprehensive understanding of Hubert's property tax system, exploring the available exemptions, and identifying potential reductions can result in substantial yearly savings. Whether residing in Hubert or another area within Onslow County, a thorough grasp of the local property tax structure will benefit both homeowners and real estate investors alike.
Last Updated June 14, 2024
Hubert, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.65%
Estimate Property Tax Bill
$1,191
Ownwell’s Hubert Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hubert with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hubert to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Hubert, North Carolina
Property taxes in Hubert, North Carolina, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Hubert is 0.65%, which is lower than both the North Carolina state median and the U.S. national median of 0.99%. Local government entities within Hubert set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hubert estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Hubert's effective property tax rate to other counties in North Carolina and the national median. For comparison, the 28539 zip code has both the highest and lowest median property tax rate of 0.65%. Understanding how these areas compare with Hubert provides valuable insights into the varying tax landscape across Onslow County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Hubert Tax Rate
0.65%
Average Onslow County Tax Rate
0.66%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hubert, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28539 | 0.61% | 0.65% | 0.65% | 0.66% | 0.66% |
Source: Ownwell
Property Tax Assessment Values Across Hubert, North Carolina
In Hubert, North Carolina, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Onslow County Appraisal District for tax purposes. In contrast, the assessed value 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. In Hubert, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Hubert helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 28539 in Hubert has the highest and lowest median tax bill, both at $1,176.
Average Hubert Assessed Value
$183,166
Average Onslow County Assessed Value
$189,006
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hubert, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28539 | $86,561 | $140,714 | $183,166 | $244,332 | $315,954 |
Source: Ownwell
Property Tax Bills Across Hubert, North Carolina
In Hubert, located in Onslow County, NC, property tax bills are calculated based on the assessed value of a home. This assessed value is determined by the county assessor and reflects the market value of the property. The tax rate is then applied to this assessed value to calculate the annual tax bill. For instance, the median home price in Hubert is $183,166, and homeowners can expect their property tax bills to vary widely. The tax bill at the 25th percentile is $881, while at the 75th percentile, it reaches $1,565, and at the 90th percentile, it can go up to $2,062. These property taxes fund essential local services such as schools, public safety, and infrastructure. Compared to the national median property tax rate of 0.99%, Hubert's property tax rates are relatively moderate, making it an attractive location for homeowners. Understanding these factors helps homeowners budget effectively and appreciate the value received from their tax contributions.
Average Hubert Tax Bill
$1,176
Average Onslow County Tax Bill
$1,414
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Hubert, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28539 | $527 | $881 | $1,176 | $1,565 | $2,062 |
Source: Ownwell