Wilmington, Pender County, North Carolina Property Taxes

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

Median Wilmington, NC effective property tax rate: 0.88%, significantly lower than the national median of 1.02%, but higher than the North Carolina state median of 0.82%. Median Wilmington, NC home value: $264,574. Median annual Wilmington, NC tax bill: $2,386, $14 lower than the national median property tax bill of $2,400.

How are property taxes in Pender County calculated? Property taxes in Wilmington, 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 Wilmington’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Wilmington, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Wilmington, Pender County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.88%

Estimate Property Tax Bill

$2,328

$2,161

Ownwell’s Wilmington Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Wilmington with just two data points. By entering your property's estimated assessed value, our calculator applies Wilmington’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 Pender County. Wilmington's property tax bills can vary significantly, with some areas experiencing bills as high as $2,421 while others are as low as $987. This variation underscores the importance of understanding your specific tax situation. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Wilmington, Pender County, North Carolina

Local government entities determine property tax rates, which can differ significantly across a state. Each year, counties calculate their necessary budget to fund services and divide this by the total assessed value of all taxable property within their area, resulting in the property tax rate. Although the process involves votes and legislation to establish tax rates and budgets, this is the essence of the annual procedure.

In Wilmington, located in Pender County, the effective property tax rate is 0.88%, slightly below the national median of 1.02%. This rate is consistent with the lowest median tax rate in the region, found in the 28411 zip code. Conversely, the highest median tax rate within Wilmington is 0.96%, located in the 28401 zip code. When compared to the state median tax rate, Wilmington remains competitive, offering a favorable environment for property owners. Understanding these rates helps property owners make informed decisions and potentially save on taxes.

Property Tax Rates Across Wilmington, Pender County, North Carolina

Source: Ownwell

0.74%

0.87%

1.01%

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 Wilmington Tax Rate

0.88%

Median Effective Pender County Tax Rate

0.88%

Median Effective North Carolina Tax Rate

0.82%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Wilmington, Pender County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
28401	0.85%	0.85%	0.96%	1.09%	1.19%
28411	0.83%	0.86%	0.88%	0.90%	0.93%

Source: Ownwell

Property Tax Assessment Values Across Wilmington, Pender County, North Carolina

When examining property taxes in Wilmington, 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 Pender 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.

Assessment notices:

In Pender County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Wilmington.

For example, the median home price in Wilmington is $264,574, with tax bills ranging significantly across the county. Zip code 28411 has the highest median home price at $268,374.

Property Tax Assessment Values Across Wilmington, Pender County, North Carolina

Source: Ownwell

$75,914

$253,666

$431,418

Median Wilmington Market Value

$264,574

Median Pender County Market Value

$183,803

Median North Carolina Market Value

$197,136

Median United States Market Value

$235,294

Property Tax Assessment Values Across Wilmington, Pender County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
28401	$19,210	$52,327	$91,192	$154,018	$193,449
28411	$125,779	$219,094	$268,374	$346,146	$466,800

Source: Ownwell

Property Tax Bills Across Wilmington, Pender County, North Carolina

In Wilmington, Pender County, NC, property tax bills are determined by assessing the property's market value, which is then multiplied by the local tax rate. With a median home price of $264,574, homeowners typically face a property tax bill between $1,996 and $3,035, depending on their property's specific assessed value. These tax bills can vary significantly, with some homeowners paying as much as $4,028. The highest median tax bill in the area is $2,421, while the lowest is $987, highlighting the disparity within the region. Compared to the national median property tax bill of $2,400, Wilmington's tax rates are relatively moderate. However, for many homeowners, these bills still represent a significant financial burden. Ownwell offers a solution by assisting homeowners in appealing their property tax assessments, potentially reducing their tax liabilities. By leveraging expert knowledge and a thorough understanding of local tax regulations, Ownwell helps homeowners achieve fairer assessments, ensuring they only pay their fair share and potentially saving them substantial amounts annually.

Property Tax Bills Across Wilmington, Pender County, North Carolina

Source: Ownwell

$692

$1,927

$3,162

Median Wilmington Tax Bill

$2,386

Median Pender County Tax Bill

$1,515

Median North Carolina Tax Bill

$1,615

Median United States Tax Bill

$2,400

Property Tax Bills Across Wilmington, Pender County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
28401	$163	$658	$987	$1,464	$1,859
28411	$1,537	$2,039	$2,421	$3,057	$4,064

Source: Ownwell