Carteret County, North Carolina Property Taxes

What Are Effective Property Tax Rates Across Carteret County?

Local government entities set tax rates, which vary widely across Carteret County. Each year, the county estimates its budget for public services and divides that total by the assessed value of all taxable property within its jurisdiction.

Below, compare Carteret County's effective property tax rate to other counties in North Carolina or the U.S. median of 1.02%.

Carteret County's median effective rate stands at 0.01%, which is lower than the national median of 1.02%. Within Carteret County, the highest rate is found in Cedar Point at 0.01%, while Cedar Point has the lowest at 0.01%.

These variations reflect differences in local school district levies, special assessment districts assessments, and special district bonds — which compound the base county rate.

Property tax bills in Carteret County are calculated by multiplying the assessed value of a home by the local tax rate. The assessed value is based on the county’s estimate of a property’s market value, and it can be influenced by factors such as location, home size, condition, and any improvements made to the property. Because the tax bill is tied to assessed value, homeowners with higher-valued homes or recent renovations may see larger bills.

For Carteret County homeowners, the amount owed can vary widely. The median home price is $235,343, and property tax bills range from $9 at the 25th percentile to $30 at the 75th percentile, with the 90th percentile reaching $841. Compared with the national median property tax rate of 1.02% and national median property tax bill of $2,400, local bills may be lower for many homeowners, but even small changes in assessed value can affect what is owed each year.