Colerain, Bertie County, North Carolina Property Taxes
Median Colerain, NC effective property tax rate: 0.90%, significantly lower than the national median of 1.02%, but higher than the North Carolina state median of 0.82%.
Median Colerain, NC home value: $59,525
Median annual Colerain, NC tax bill: $502, $1,898 lower than the national median property tax bill of $2,400.
How are property taxes in Bertie calculated?
Property taxes in Colerain, 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 Colerain’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Colerain, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Colerain, Bertie County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.97%
Estimate Property Tax Bill
$592
$550
Property Tax Rates Across Colerain, Bertie County, North Carolina
Local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Colerain’s effective property tax rate to other cities in North Carolina and the median property tax rates in North Carolina and the U.S. Colerain in Bertie County has a median property tax rate of 0.90%, which is below the national median of 1.02%. This can be an attractive feature for property owners in Colerain, as lower property tax rates can mean significant savings over time. In comparison to other regions within North Carolina, Colerain stands out for maintaining a competitive tax rate, making it an appealing location for both prospective homeowners and investors. With the national median property tax bill at $2400, Colerain offers a cost-effective alternative for those looking to minimize their property tax expenses.
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 Colerain Tax Rate
0.97%
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 Bertie County Tax Rate
0.97%
Median Effective North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Colerain, Bertie County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27924 | 0.52% | 0.97% | 0.97% | 0.97% | 1.04% |
Source: Ownwell
Property Tax Assessment Values Across Colerain, Bertie County, North Carolina
When examining property taxes in Colerain, 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 Bertie 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 Bertie 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 Colerain. For example, the median home price in Colerain is $59,525, with tax bills ranging significantly across the county. ZIP code 27924 has the highest median home price at $59,525.
Property Tax Assessment Values Across Colerain, Bertie County, North Carolina
Source: Ownwell
$42,290
$58,492
$74,694
Median Colerain Market Value
$61,062
Median Bertie County Market Value
$57,211
Median North Carolina Market Value
$221,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Colerain, Bertie County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27924 | $18,346 | $35,247 | $61,062 | $101,300 | $185,005 |
Source: Ownwell
Property Tax Bills Across Colerain, Bertie County, North Carolina
Median Colerain Tax Bill
$565
Median Bertie County Tax Bill
$550
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$2,400
Property Tax Bills Across Colerain, Bertie County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27924 | $161 | $321 | $565 | $960 | $1,660 |
Source: Ownwell