Cape Carteret, Carteret County, North Carolina Property Taxes
Property Taxes in Cape Carteret, North Carolina
Median Cape Carteret, North Carolina effective property tax rate: 0.01%, significantly lower than the national median of 1.02%, and lower than the North Carolina state median of 0.81%.
Median Cape Carteret, North Carolina home value: $235,296
Median annual Cape Carteret, North Carolina tax bill: $17, $2,383 lower than the national median property tax bill of $2,400.
How are property taxes in Carteret calculated?
Property taxes in Cape Carteret, North Carolina 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 Cape Carteret's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Cape Carteret, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Cape Carteret, Carteret County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.01%
Estimate Property Tax Bill
$24
$22
How Does the Cape Carteret Property Tax Calculator Work?
Use this Cape Carteret property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Cape Carteret's median effective tax rate of 0.01% — based on actual property records in Carteret County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Cape Carteret's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Cape Carteret: rates range from 0.00% in 28584 to 0.02% in 28533, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Cape Carteret.
About Cape Carteret Property Taxes
About Property Taxes in Cape Carteret, Carteret, North Carolina
Cape Carteret's median effective property tax rate of 0.01% is lower than the North Carolina state median of 0.81% and lower than the national median of 1.02%. This rate reflects the Carteret County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Cape Carteret. Homeowners in the highest ZIP code carry a median effective rate of 0.01%, while those in the lowest ZIP code pay 0.01%. This spread reflects how school district boundaries and local assessment districts are drawn across Carteret County. Understanding which part of Cape Carteret you live in can make a meaningful difference to your annual tax bill.
Cape Carteret homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before May 4, 2026.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Cape Carteret, Carteret County, North Carolina
As noted earlier, 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 Cape Carteret's effective property tax rate to other cities in North Carolina and the median property tax rates in North Carolina and the U.S.
Property Tax Rates Across Cape Carteret, Carteret County, North Carolina
Source: Ownwell
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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 Cape Carteret Tax Rate
0.01%
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
0.01%
Median Effective North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Cape Carteret, Carteret County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28584 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Cape Carteret, Carteret County, North Carolina
When examining property taxes in Cape Carteret, North Carolina, 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 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 Carteret County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 understanding how assessed and market values are determined, property owners can better navigate their tax responsibilities in Cape Carteret.
For example, the median home price in Cape Carteret is $235,296, while the median tax bill is $17, far below the national median property tax bill of $2,400. Tax bills vary across the county, with the 25th percentile at $14, the 75th percentile at $24, and the 90th percentile at $502.
Property Tax Assessment Values Across Cape Carteret, Carteret County, North Carolina
Source: Ownwell
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Median Cape Carteret Market Value
$235,296
Median Carteret County Market Value
$235,343
Median North Carolina Market Value
$221,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Cape Carteret, Carteret County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28584 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Cape Carteret, Carteret County, North Carolina
How are property tax bills calculated in Cape Carteret?
Property tax bills in Cape Carteret are based on the assessed value of a home and the local tax rate set by Carteret County and other taxing authorities. The assessment reflects the market value of the property, and that value is then multiplied by the applicable tax rate to determine the bill. For homeowners, this means that changes in market conditions, property improvements, or reassessments can affect what is owed.
What factors are considered in the tax bill?
The main factors are the home’s assessed value, the local tax rate, and any exemptions or special taxing districts that apply. With a median home price of $235,296, property taxes in the area can vary widely depending on how a home is valued. The 25th percentile tax bill is $14, the 75th percentile is $24, and the 90th percentile is $502, showing that some homeowners pay much more than others.
How does this affect homeowners?
A higher assessed value can lead to a higher tax bill, while a lower assessment may reduce it.
Property Tax Bills Across Cape Carteret, Carteret County, North Carolina
Source: Ownwell
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Median Cape Carteret Tax Bill
$17
Median Carteret County Tax Bill
$15
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$2,400
Property Tax Bills Across Cape Carteret, Carteret County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28584 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | May 11 |
Links | |
|---|---|
| Carteret Tax Assessor | |
| Website | carteretcountytax.com |