Southport, Brunswick County, North Carolina Property Taxes
Median Southport, NC effective property tax rate: 0.42%, significantly lower than the national median of 1.02%, but lower than the North Carolina state median of 0.82%.
Median Southport, NC home value: $391,650
Median annual Southport, NC tax bill: $1,823, $577 lower than the national median property tax bill of $2,400.
How are property taxes in Brunswick calculated?
Property taxes in Southport, 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 Southport’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Southport, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Southport, Brunswick County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.42%
Estimate Property Tax Bill
$1,645
$1,526
Property Tax Rates Across Southport, Brunswick County, North Carolina
Local government entities determine tax rates, which can differ significantly even within a single state. Each year, counties calculate their necessary budget to maintain services and divide this by the total value of all taxable property in their area, resulting in the property tax rate. While votes and legislation play a role in setting these rates and budgets, this is essentially the yearly process.
In Southport, located in Brunswick County, North Carolina, the effective property tax rate is notably lower than the national median property tax rate of 1.02%. This provides an opportunity for property owners to benefit from comparatively lower taxes. When compared to other cities in North Carolina, Southport's tax rate is competitive, offering an attractive option for homeowners seeking affordability. Understanding these rates can help property owners make informed decisions about their investments and potential savings. By evaluating Southport's effective property tax rate alongside state and national medians, property owners can better assess the financial implications of owning property in this region.
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 Southport Tax Rate
0.42%
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 Brunswick County Tax Rate
0.43%
Median Effective North Carolina Tax Rate
0.82%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Southport, Brunswick County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28461 | 0.32% | 0.37% | 0.42% | 0.57% | 0.70% |
Source: Ownwell
Property Tax Assessment Values Across Southport, Brunswick County, North Carolina
When examining property taxes in Southport, 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 Brunswick 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 Brunswick 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 Southport. For example, the median home price in Southport is $391,650, with tax bills ranging significantly across the county. ZIP code 28461 has the highest median home price at $391,650.
Property Tax Assessment Values Across Southport, Brunswick County, North Carolina
Source: Ownwell
$112,095
$539,708
$967,320
Median Southport Market Value
$391,650
Median Brunswick County Market Value
$338,175
Median North Carolina Market Value
$197,136
Median United States Market Value
$235,294
Property Tax Assessment Values Across Southport, Brunswick County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28461 | $180,438 | $271,465 | $391,650 | $612,482 | $804,610 |
Source: Ownwell
Property Tax Bills Across Southport, Brunswick County, North Carolina
In Southport, located in Brunswick County, NC, property tax bills are calculated based on the assessed value of a home. The median home price in this area is $391,650, which plays a crucial role in determining the tax bill. The property tax rate is applied to the assessed value to calculate the annual tax bill. For homeowners in Southport, the median property tax bill is $1,823, which is notably lower than the national median of $2,400. This suggests that Southport residents generally pay less in property taxes compared to the national average, despite the median home price being relatively high.
However, tax bills can vary significantly, with the 25th percentile at $1,174 and the 75th percentile at $2,606, illustrating the range of tax burdens homeowners may face. Ownwell offers valuable assistance to homeowners by providing property tax appeal and exemption services, potentially reducing their tax liabilities. By leveraging expertise and local knowledge, Ownwell helps homeowners navigate the complexities of property tax assessments, ensuring they pay only what is fair and potentially saving them money.
Property Tax Bills Across Southport, Brunswick County, North Carolina
Source: Ownwell
$533
$4,180
$7,827
Median Southport Tax Bill
$1,823
Median Brunswick County Tax Bill
$1,377
Median North Carolina Tax Bill
$1,615
Median United States Tax Bill
$2,400
Property Tax Bills Across Southport, Brunswick County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28461 | $626 | $1,174 | $1,823 | $2,606 | $3,515 |
Source: Ownwell