Grimesland, Pitt County, North Carolina Property Taxes
Median Grimesland, NC effective property tax rate: 0.91%, significantly lower than the national median of 1.02%, but higher than the North Carolina state median of 0.82%.
Median Grimesland, NC home value: $156,460
Median annual Grimesland, NC tax bill: $1,415, $985 lower than the national median property tax bill of $2,400.
How are property taxes in Pitt County calculated?
Property taxes in Grimesland, 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 Grimesland’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Grimesland, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Grimesland, Pitt County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.91%
Estimate Property Tax Bill
$1,424
$1,321
Property Tax Rates Across Grimesland, Pitt County, North Carolina
Local government entities determine property tax rates, leading to significant variations within a state. Each county, like Pitt County, calculates its annual budget needs and divides this by the total value of all taxable properties within its borders to establish the property tax rate. This process, while influenced by votes and regulations, essentially dictates the yearly tax rate.
Grimesland's effective property tax rate can be compared to other cities in North Carolina and the broader U.S. median. With a median property tax rate of 0.91%, Grimesland is below the national median of 1.02%. This can be an attractive factor for potential homeowners or investors considering the area, as it implies lower property tax bills compared to the national average. Additionally, Grimesland's median property tax rate aligns with the highest and lowest rates in its zip code, indicating a consistent tax environment. Understanding these rates can provide valuable insight into the cost of owning property in Grimesland and assist in making informed financial decisions.
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 Grimesland Tax Rate
0.91%
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 Pitt County Tax Rate
1.17%
Median Effective North Carolina Tax Rate
0.82%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Grimesland, Pitt County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27837 | 0.83% | 0.87% | 0.91% | 0.99% | 1.26% |
Source: Ownwell
Property Tax Assessment Values Across Grimesland, Pitt County, North Carolina
When examining property taxes in Grimesland, 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 Pitt 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 Pitt 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 Grimesland.
For example, the median home price in Grimesland is $156,460, with tax bills ranging significantly across the county. Zip code 27837 has the highest median home price at $156,460.
Property Tax Assessment Values Across Grimesland, Pitt County, North Carolina
Source: Ownwell
$42,494
$106,425
$170,355
Median Grimesland Market Value
$156,460
Median Pitt County Market Value
$124,775
Median North Carolina Market Value
$197,136
Median United States Market Value
$235,294
Property Tax Assessment Values Across Grimesland, Pitt County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27837 | $41,546 | $81,462 | $156,460 | $243,263 | $345,134 |
Source: Ownwell
Property Tax Bills Across Grimesland, Pitt County, North Carolina
Median Grimesland Tax Bill
$1,415
Median Pitt County Tax Bill
$1,320
Median North Carolina Tax Bill
$1,615
Median United States Tax Bill
$2,400
Property Tax Bills Across Grimesland, Pitt County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27837 | $485 | $806 | $1,415 | $2,158 | $3,271 |
Source: Ownwell