Dover, Craven County, North Carolina Property Taxes
Median Dover, NC effective property tax rate: 0.56%, significantly lower than the national median of 1.02%, but lower than the North Carolina state median of 0.82%.
Median Dover, NC home value: $106,165
Median annual Dover, NC tax bill: $622, $1,778 lower than the national median property tax bill of $2,400.
How are property taxes in Craven calculated?
Property taxes in Dover, 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 Dover’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Dover, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Dover, Craven County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.56%
Estimate Property Tax Bill
$595
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Property Tax Rates Across Dover, Craven County, North Carolina
Local government entities are responsible for setting tax rates, and these can differ significantly even within the same state. This variation arises because each county annually estimates the budget needed to provide essential services and then divides this amount by the total assessed value of all taxable properties within its jurisdiction. The resulting figure is the property tax rate. Although setting tax rates and budgets involves votes and legislation, this is essentially the yearly process.
Dover in Craven County, North Carolina, has an effective property tax rate of 0.56%, which is notably lower than the national median property tax rate of 1.02%. This means that property owners in Dover enjoy a comparatively lower tax burden than many other parts of the country. Additionally, compared to other cities in North Carolina, Dover's rate is consistent, reflecting the state's relatively low property tax rates overall. This can be particularly appealing for potential homeowners and investors looking for areas with lower property tax obligations.
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 Dover Tax Rate
0.56%
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 Craven County Tax Rate
0.66%
Median Effective North Carolina Tax Rate
0.82%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Dover, Craven County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28526 | 0.51% | 0.54% | 0.56% | 0.66% | 0.89% |
Source: Ownwell
Property Tax Assessment Values Across Dover, Craven County, North Carolina
When examining property taxes in Dover, 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 Craven 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 Craven 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 Dover.
For example, the median home price in Dover is $106,165, with tax bills ranging significantly across the county. Zip code 28526 has the highest median home price at $106,165.
Property Tax Assessment Values Across Dover, Craven County, North Carolina
Source: Ownwell
$106,165
$252,128
$398,090
Median Dover Market Value
$106,165
Median Craven County Market Value
$192,005
Median North Carolina Market Value
$197,136
Median United States Market Value
$235,294
Property Tax Assessment Values Across Dover, Craven County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28526 | $16,200 | $51,838 | $106,165 | $156,075 | $220,494 |
Source: Ownwell
Property Tax Bills Across Dover, Craven County, North Carolina
In Dover, Craven County, NC, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local tax assessor's office and is often a percentage of the market value. Homeowners in Dover experience a range of tax bills, with the 25th percentile at $314 and the 75th percentile reaching $941. The 90th percentile sees tax bills as high as $1,273, reflecting the variability in property values and assessments. Compared to the national median property tax bill of $2,400, Dover homeowners generally enjoy lower tax obligations, with the highest median tax bill in the area being $622.
Property taxes can significantly impact household finances, making it crucial for homeowners to ensure they are not overpaying. Ownwell offers expert property tax appeal and exemption services to help homeowners reduce their tax burdens. By analyzing property assessments and identifying potential discrepancies, Ownwell can assist homeowners in securing substantial savings, ensuring they only pay their fair share.
Median Dover Tax Bill
$622
Median Craven County Tax Bill
$1,328
Median North Carolina Tax Bill
$1,615
Median United States Tax Bill
$2,400
Property Tax Bills Across Dover, Craven County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28526 | $98 | $314 | $622 | $941 | $1,273 |
Source: Ownwell