Pender County, North Carolina Property Taxes
The median property tax rate in Pender County is 0.88%, which is slightly lower than the national median of 0.99% but higher than the North Carolina state median of 0.82%. With the median home value in Pender County at $183,803, the typical annual property tax bill is approximately $1,515, well below the national median of $2,690. Property taxes in Pender County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Pender 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 Burgaw or another part of Pender County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pender County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.88%
Estimate Property Tax Bill
$1,617
$1,501
Ownwell’s Pender County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pender County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Pender 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 Pender County, North Carolina
Property taxes in Pender County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Pender County is 0.88%, which is lower than the U.S. national median of 0.99%. Local government entities within Pender County set these rates annually, and they can vary significantly between different areas within the county. Each year, Pender 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 Pender County's effective property tax rate with other counties in North Carolina and the national median. For comparison, the city of Burgaw has one of the higher property tax rates in North Carolina at 1.01%, while the city of Surf City boasts one of the lowest at 0.74%. Analyzing how Pender County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Pender County Tax Rate
0.88%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pender County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Atkinson | 0.62% | 0.81% | 0.99% | 1.18% | 1.39% |
| Burgaw | 0.72% | 0.85% | 1.01% | 1.22% | 1.22% |
| Currie | 0.65% | 0.81% | 0.95% | 1.06% | 1.20% |
| Hampstead | 0.74% | 0.84% | 0.88% | 0.93% | 0.99% |
| Holly Ridge | 0.73% | 0.74% | 0.74% | 0.74% | 0.74% |
| Ivanhoe | 0.43% | 0.81% | 0.96% | 1.07% | 1.15% |
| Kelly | 0.50% | 0.79% | 0.90% | 1.02% | 1.25% |
| Maple Hill | 0.59% | 0.81% | 0.95% | 1.04% | 1.15% |
| Rocky Point | 0.75% | 0.85% | 0.94% | 1.04% | 1.15% |
| Surf City | 0.74% | 0.74% | 0.74% | 0.74% | 0.74% |
| Topsail Beach | 0.74% | 0.74% | 0.74% | 0.74% | 0.74% |
| Wallace | 0.60% | 0.78% | 0.96% | 1.08% | 1.18% |
| Watha | 0.48% | 0.84% | 0.89% | 0.99% | 1.12% |
| Willard | 0.66% | 0.84% | 1.01% | 1.11% | 1.23% |
| Wilmington | 0.83% | 0.86% | 0.88% | 0.90% | 0.93% |
Source: Ownwell
Property Tax Assessment Values Across Pender County, North Carolina
In Pender 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 Pender 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 Pender 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 Pender County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Pender County, Topsail Beach has the highest median tax bill at $3,162, while Watha has the lowest at $692.
Property Tax Assessment Values Across Pender County, North Carolina
Source: Ownwell
$75,914
$253,666
$431,418
Average Pender County Assessed Value
$183,803
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pender County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Atkinson | $24,452 | $44,963 | $75,914 | $124,890 | $198,094 |
| Burgaw | $36,105 | $65,216 | $110,801 | $168,775 | $226,820 |
| Currie | $29,755 | $56,560 | $93,812 | $146,506 | $222,395 |
| Hampstead | $80,699 | $146,608 | $242,196 | $326,715 | $421,324 |
| Holly Ridge | $167,717 | $265,581 | $371,880 | $517,905 | $644,621 |
| Ivanhoe | $29,098 | $70,448 | $105,791 | $164,828 | $254,996 |
| Kelly | $33,088 | $47,226 | $115,643 | $168,724 | $273,112 |
| Maple Hill | $32,492 | $57,779 | $95,649 | $131,238 | $170,092 |
| Rocky Point | $45,044 | $74,206 | $121,977 | $210,116 | $282,155 |
| Surf City | $154,249 | $195,921 | $297,921 | $421,168 | $527,929 |
| Topsail Beach | $347,331 | $391,837 | $431,418 | $440,400 | $520,555 |
| Wallace | $33,860 | $62,765 | $88,611 | $130,029 | $185,651 |
| Watha | $26,855 | $42,766 | $83,491 | $123,578 | $169,387 |
| Willard | $31,848 | $59,185 | $91,525 | $129,910 | $196,889 |
| Wilmington | $86,432 | $208,376 | $264,574 | $343,042 | $461,718 |
Source: Ownwell
Property Tax Bills Across Pender County, North Carolina
In Pender County, NC, property tax bills are calculated based on the assessed value of a homeowner's property. The assessed value is determined by local government assessors who evaluate the property's market value. This assessed value is then multiplied by the county's tax rate to determine the annual tax bill. Homeowners in Pender County experience a range of tax bills. For instance, the tax bill at the 25th percentile is $830, indicating a lower tax burden, while those at the 75th percentile face a tax bill of $2,423. The highest tax bills, at the 90th percentile, can reach up to $3,387. Notably, Topsail Beach has the highest median tax bill in the county at $3,162, while Watha has the lowest at $692. These property taxes significantly impact homeowners, influencing their overall housing costs and financial planning. Compared to the national median property tax rate of 0.99%, Pender County's tax rates can vary, affecting homeowners differently depending on their property's assessed value and location within the county.
Average Pender County Tax Bill
$1,515
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Pender County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Atkinson | $167 | $474 | $756 | $1,181 | $1,655 |
| Burgaw | $299 | $635 | $1,065 | $1,648 | $2,199 |
| Currie | $223 | $517 | $890 | $1,306 | $1,910 |
| Hampstead | $531 | $1,142 | $1,986 | $2,742 | $3,570 |
| Holly Ridge | $460 | $1,758 | $2,683 | $3,811 | $4,742 |
| Ivanhoe | $211 | $603 | $925 | $1,436 | $2,073 |
| Kelly | $204 | $459 | $947 | $1,582 | $2,425 |
| Maple Hill | $250 | $522 | $871 | $1,185 | $1,473 |
| Rocky Point | $332 | $720 | $1,098 | $1,780 | $2,289 |
| Surf City | $1,017 | $1,376 | $2,087 | $2,954 | $3,814 |
| Topsail Beach | $2,010 | $2,665 | $3,162 | $3,219 | $3,508 |
| Wallace | $194 | $572 | $864 | $1,144 | $1,572 |
| Watha | $137 | $308 | $692 | $1,033 | $1,299 |
| Willard | $243 | $607 | $884 | $1,203 | $1,700 |
| Wilmington | $1,252 | $1,996 | $2,386 | $3,035 | $4,028 |
Source: Ownwell