Cedar Point, Carteret County, North Carolina Property Taxes
Median Cedar Point, NC effective property tax rate: 0.62%, significantly lower than the national median of 1.02%, but lower than the NC state median of 0.82%.
Median Cedar Point, NC home value: $280,170
Median annual Cedar Point, NC tax bill: $1,706, $694 lower than the national median property tax bill of $2,400.
How are property taxes in Carteret County calculated?
Property taxes in Cedar Point, 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 Cedar Point’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Cedar Point, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Cedar Point, Carteret County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.62%
Estimate Property Tax Bill
$1,737
$1,612
Property Tax Rates Across Cedar Point, Carteret County, North Carolina
Property Tax Rates Across Cedar Point, Carteret County, North Carolina
Source: Ownwell
0.34%
0.56%
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 Cedar Point Tax Rate
0.62%
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 Cedar Point, Carteret County, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
28584 | 0.59% | 0.62% | 0.62% | 0.62% | 0.63% |
Source: Ownwell
Property Tax Assessment Values Across Cedar Point, Carteret County, North Carolina
When examining property taxes in Cedar Point, 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 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.
In Carteret County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of the month. 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 Cedar Point. For example, the median home price in Cedar Point is $280,170, with tax bills ranging significantly across the county. Zip code 28584 has the highest median home price at $280,170.
Property Tax Assessment Values Across Cedar Point, Carteret County, North Carolina
Source: Ownwell
$70,790
$224,368
$377,945
Median Cedar Point Market Value
$280,170
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 Cedar Point, Carteret County, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
28584 | $129,950 | $187,530 | $280,170 | $379,304 | $517,217 |
Source: Ownwell
Property Tax Bills Across Cedar Point, Carteret County, North Carolina
In Cedar Point, located in Carteret County, NC, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the county's tax assessor and is a percentage of the property's market value. Homeowners in Cedar Point can expect a median property tax bill of $1,706, which is lower than the national median property tax bill of $2,400. Factors such as the local tax rate and the assessed value of the property play a crucial role in determining the final tax bill. For homeowners, this means that owning a home in Cedar Point can be more affordable compared to other regions with higher tax rates.
Ownwell offers valuable assistance to homeowners by helping them appeal their property tax assessments and secure exemptions. By leveraging their expertise, Ownwell can identify potential savings opportunities, ensuring that homeowners pay only their fair share of property taxes. This can result in significant savings and make homeownership more financially manageable in Cedar Point.
Property Tax Bills Across Cedar Point, Carteret County, North Carolina
Source: Ownwell
$548
$1,377
$2,206
Median Cedar Point Tax Bill
$1,706
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 Cedar Point, Carteret County, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
28584 | $811 | $1,108 | $1,706 | $2,345 | $3,243 |
Source: Ownwell