Beaufort, Carteret County, North Carolina Property Taxes
Median Beaufort, NC effective property tax rate: 0.77%, significantly lower than the national median of 1.02%, but lower than the North Carolina state median of 0.82%.
Median Beaufort, NC home value: $188,545
Median annual Beaufort, NC tax bill: $1,320, $1,080 lower than the national median property tax bill of $2,400.
How are property taxes in Carteret calculated?
Property taxes in Beaufort, 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 Beaufort’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Beaufort, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Beaufort, Carteret County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.77%
Estimate Property Tax Bill
$1,452
$1,347
Property Tax Rates Across Beaufort, Carteret County, North Carolina
Local government entities set property tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting 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.
In Beaufort, located in Carteret County, NC, the effective property tax rate is 0.77%, which is below the national median property tax rate of 1.02%. This relatively lower rate can be appealing to property owners, as it suggests potential savings on property taxes compared to other regions with higher rates. The median property tax rate in North Carolina is also lower than the national average, making it an attractive option for those looking to minimize their property tax burden.
By comparing Beaufort’s effective property tax rate to other cities in North Carolina and the median property tax rates in the state and the U.S., property owners can gain a clearer understanding of their potential tax liabilities and make informed decisions about property investments.
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 Beaufort Tax Rate
0.77%
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 Carteret County Tax Rate
0.55%
Median Effective North Carolina Tax Rate
0.82%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Beaufort, Carteret County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28516 | 0.53% | 0.59% | 0.77% | 0.89% | 0.93% |
Source: Ownwell
Property Tax Assessment Values Across Beaufort, Carteret County, North Carolina
When examining property taxes in Beaufort, 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 Carteret County Assessor's Office 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 Carteret 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 Beaufort. For example, the median home price in Beaufort is $188,545, with tax bills ranging significantly across the county. Zip code 28516 has the highest median home price at $188,545.
Property Tax Assessment Values Across Beaufort, Carteret County, North Carolina
Source: Ownwell
$70,790
$224,368
$377,945
Median Beaufort Market Value
$188,545
Median Carteret County Market Value
$225,462
Median North Carolina Market Value
$197,136
Median United States Market Value
$235,294
Property Tax Assessment Values Across Beaufort, Carteret County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28516 | $59,375 | $107,022 | $188,545 | $317,514 | $474,528 |
Source: Ownwell
Property Tax Bills Across Beaufort, Carteret County, North Carolina
Median Beaufort Tax Bill
$1,320
Median Carteret County Tax Bill
$1,125
Median North Carolina Tax Bill
$1,615
Median United States Tax Bill
$2,400
Property Tax Bills Across Beaufort, Carteret County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28516 | $463 | $765 | $1,320 | $2,301 | $3,555 |
Source: Ownwell