Property Taxes in Powells Point, North Carolina
Median Powells Point, North Carolina effective property tax rate: 0.73%, significantly lower than the national median of 1.02%, and lower than the North Carolina state median of 0.81%.
Median Powells Point, North Carolina home value: $222,700
Median annual Powells Point, North Carolina tax bill: $1,589, $811 lower than the national median property tax bill of $2,400.
How are property taxes in Currituck calculated?
Property taxes in Powells Point, 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 Powells Point's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Powells Point, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Powells Point Property Tax Calculator Work?
Use this Powells Point property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Powells Point's median effective tax rate of 0.73% — based on actual property records in Currituck 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 Powells Point'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 Powells Point: rates range from 0.73% in 27966 to 0.73% in 27966, 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 Powells Point.
About Powells Point Property Taxes
About Property Taxes in Powells Point, Currituck, North Carolina
Powells Point's median effective property tax rate of 0.73% is lower than the North Carolina state median of 0.81% and lower than the national median of 1.02%. This rate reflects the Currituck 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 Powells Point. Homeowners in the 27966 ZIP code carry a median effective rate of 0.73%, while those in the 27966 pay 0.73%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Currituck County. Understanding which part of Powells Point you live in can make a meaningful difference to your annual tax bill.
Powells Point homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the May 4, 2026 deadline each year.
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 Powells Point, Currituck 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 Powells Point'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 Powells Point, Currituck County, North Carolina
Source: Ownwell
0.70%
0.76%
0.81%
Our median effective property tax rate (tax bill Ă· 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 Powells Point Tax Rate
0.73%
Our median effective property tax rate (tax bill Ă· 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 Currituck County Tax Rate
0.74%
Median Effective North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Powells Point, Currituck County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27966 | 0.62% | 0.69% | 0.73% | 0.78% | 0.84% |
Source: Ownwell
Property Tax Assessment Values Across Powells Point, Currituck County, North Carolina
When examining property taxes in Powells Point, 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 Currituck County tax assessor 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 Currituck 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. For example, the median home price in Powells Point is $222,700, with tax bills ranging significantly across the county. ZIP code 27966 has the highest median home price at $222,700.
Property Tax Assessment Values Across Powells Point, Currituck County, North Carolina
Source: Ownwell
$152,800
$327,800
$502,800
Median Powells Point Market Value
$222,700
Median Currituck County Market Value
$313,200
Median North Carolina Market Value
$221,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Powells Point, Currituck County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27966 | $102,080 | $149,750 | $222,700 | $313,850 | $415,580 |
Source: Ownwell
Property Tax Bills Across Powells Point, Currituck County, North Carolina
Property tax bills in Powells Point are calculated by applying the local tax rate to a home’s assessed market value. The assessed value is based on what the property is worth for tax purposes, and it can change when home values rise or fall. For homeowners, that means a higher assessed value usually leads to a larger tax bill, while a lower assessed value can reduce what is owed.
In Powells Point, the median home price is $222,700, and the median property tax bill is $1,589, which is below the national median property tax bill of $2,400. Bills can vary widely depending on the home’s value and the local rate, with the 25th percentile at $1,161 and the 75th percentile at $2,162. For many homeowners, understanding how assessed value affects taxes is the key to anticipating annual costs.
Property Tax Bills Across Powells Point, Currituck County, North Carolina
Source: Ownwell
$1,171
$2,836
$4,500
Median Powells Point Tax Bill
$1,589
Median Currituck County Tax Bill
$2,279
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$3,209
Property Tax Bills Across Powells Point, Currituck County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27966 | $756 | $1,161 | $1,589 | $2,162 | $2,776 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 20 |
Links | |
|---|---|
| Currituck Tax Assessor | |
| Website | currituckncgov.com |