Elizabeth City, Camden County, North Carolina Property Taxes

Local government entities determine tax rates, which can vary significantly within a state. This is because each county calculates its required budget to provide services annually and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.

Below, you can compare Elizabeth City’s effective property tax rate to other cities in North Carolina and the median property tax rates in North Carolina and the U.S. Elizabeth City, located in Camden County, has a median property tax rate of 0.64%, which is notably lower than the national median of 1.02%. This means homeowners in Elizabeth City generally pay less in property taxes compared to the national average. Additionally, the median property tax bill in Elizabeth City is more affordable compared to the national median of $2,400. This favorable tax rate can be an attractive factor for potential homeowners considering a move to Elizabeth City, making it a competitive option within North Carolina.

In Elizabeth City, Camden County, NC, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. With a median home price of $97,862, homeowners in this area experience property tax bills that can vary significantly. For example, the 25th percentile tax bill is $368, while the 75th percentile reaches $996, and the 90th percentile is $1,172. These figures are notably lower than the national median property tax bill of $2,400, highlighting the relatively affordable property tax landscape in Elizabeth City.

However, even with lower tax rates, homeowners may still find opportunities to reduce their tax bills. This is where Ownwell can assist by providing expert property tax appeal and exemption services. By ensuring that your property is accurately assessed and exploring available exemptions, Ownwell helps homeowners potentially save money on their property taxes, ensuring they only pay their fair share.