Dare County, North Carolina Property Taxes
Median Dare County effective property tax rate: 0.64%, significantly lower than the national median of 1.02%.
Median Dare County home value: $355,020
Median annual Dare County tax bill: $2,313, $87 lower than the national median property tax bill of $2,400.
How are property taxes in Dare County calculated?
Property taxes in Dare County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Manteo or another part of Dare County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Dare County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.64%
Estimate Property Tax Bill
$2,272
$2,108
Property Tax Rates Across Dare County, North Carolina
Local government entities are responsible for setting tax rates, which can vary significantly across different regions within a state. This variation is due to each county's annual assessment of its budgetary needs for providing services. The county then divides this budget by the total assessed value of all taxable properties within its jurisdiction, resulting in the property tax rate. Although the process involves votes and legislation, this is essentially how it works each year.
Let's take Dare County, NC, as an example. Here, the effective property tax rate is 0.64%, which is considerably lower than the national median property tax rate of 1.02%. Within Dare County, the highest median tax rate can be found in Kill Devil Hills at 0.76%, while Manteo has the lowest at 0.55%. This local variation illustrates the broader differences in tax rates not only across counties in North Carolina but also when compared to the national average. Such disparities highlight the importance of understanding local tax structures, especially for property owners seeking to manage their tax liabilities effectively.
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 Dare County Tax Rate
0.64%
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 North Carolina Tax Rate
0.82%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Dare County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Avon | 0.63% | 0.63% | 0.63% | 0.63% | 0.83% |
| Buxton | 0.59% | 0.59% | 0.60% | 0.60% | 0.61% |
| Frisco | 0.59% | 0.59% | 0.59% | 0.59% | 0.59% |
| Hatteras | 0.64% | 0.64% | 0.64% | 0.64% | 0.65% |
| Kill Devil Hills | 0.62% | 0.63% | 0.76% | 0.76% | 0.76% |
| Kitty Hawk | 0.56% | 0.62% | 0.64% | 0.70% | 0.80% |
| Manns Harbor | 0.51% | 0.51% | 0.57% | 0.57% | 0.57% |
| Manteo | 0.55% | 0.55% | 0.55% | 0.75% | 0.75% |
| Nags Head | 0.33% | 0.40% | 0.73% | 0.74% | 0.88% |
| Rodanthe | 0.61% | 0.61% | 0.61% | 0.61% | 0.61% |
| Salvo | 0.61% | 0.61% | 0.61% | 0.61% | 0.61% |
| Southern Shores | 0.64% | 0.64% | 0.64% | 0.69% | 0.74% |
| Stumpy Point | 0.61% | 0.61% | 0.61% | 0.61% | 0.62% |
| Wanchese | 0.57% | 0.57% | 0.57% | 0.57% | 0.57% |
| Waves | 0.61% | 0.61% | 0.61% | 0.61% | 0.61% |
| Duck | N/A | N/A | N/A | N/A | N/A |
| East Lake | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Dare County, North Carolina
When examining property taxes in Dare County, 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 Dare County tax 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.
Assessment notices: In Dare County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Dare County.
For example, the median tax bill in Dare County is $2400, with tax bills ranging significantly across the county. Southern Shores has the highest median home price at $556,600.
Property Tax Assessment Values Across Dare County, North Carolina
Source: Ownwell
$167,600
$362,100
$556,600
Median Dare County Market Value
$355,020
Median North Carolina Market Value
$197,136
Median United States Market Value
$235,294
Property Tax Assessment Values Across Dare County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Avon | $174,770 | $237,945 | $325,161 | $475,516 | $657,566 |
| Buxton | $136,480 | $186,700 | $278,100 | $381,317 | $511,347 |
| Frisco | $181,211 | $252,316 | $322,000 | $433,068 | $555,454 |
| Hatteras | $138,634 | $220,100 | $309,100 | $501,568 | $822,576 |
| Kill Devil Hills | $198,770 | $243,925 | $302,100 | $379,834 | $496,307 |
| Kitty Hawk | $270,240 | $354,278 | $465,324 | $636,000 | $924,758 |
| Manns Harbor | $77,157 | $116,550 | $167,600 | $264,750 | $410,882 |
| Manteo | $167,180 | $230,725 | $309,400 | $440,834 | $621,920 |
| Nags Head | $271,800 | $325,444 | $418,416 | $598,900 | $1,049,560 |
| Rodanthe | $199,036 | $251,993 | $361,434 | $522,975 | $672,784 |
| Salvo | $201,970 | $276,614 | $412,308 | $607,355 | $833,987 |
| Southern Shores | $455,629 | $556,600 | $556,600 | $582,842 | $794,199 |
| Stumpy Point | $97,280 | $127,350 | $179,300 | $228,533 | $311,460 |
| Wanchese | $111,580 | $143,198 | $186,200 | $246,839 | $325,457 |
| Waves | $170,711 | $270,700 | $398,000 | $556,472 | $727,333 |
| Duck | N/A | N/A | N/A | N/A | N/A |
| East Lake | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Dare County, North Carolina
Median Dare County Tax Bill
$2,313
Median North Carolina Tax Bill
$1,615
Median United States Tax Bill
$2,400
Property Tax Bills Across Dare County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Avon | $1,057 | $1,471 | $2,068 | $3,199 | $4,945 |
| Buxton | $751 | $1,054 | $1,619 | $2,317 | $3,213 |
| Frisco | $990 | $1,432 | $1,861 | $2,504 | $3,267 |
| Hatteras | $815 | $1,318 | $1,921 | $3,143 | $5,133 |
| Kill Devil Hills | $1,277 | $1,673 | $2,138 | $2,717 | $3,511 |
| Kitty Hawk | $1,587 | $2,286 | $3,061 | $4,157 | $5,912 |
| Manns Harbor | $378 | $612 | $863 | $1,408 | $2,257 |
| Manteo | $856 | $1,293 | $1,815 | $2,710 | $4,046 |
| Nags Head | $1,153 | $1,730 | $2,570 | $3,981 | $6,896 |
| Rodanthe | $1,133 | $1,474 | $2,172 | $3,175 | $4,091 |
| Salvo | $1,187 | $1,617 | $2,479 | $3,660 | $5,084 |
| Southern Shores | $2,573 | $2,993 | $3,821 | $5,130 | $9,404 |
| Stumpy Point | $498 | $687 | $1,077 | $1,405 | $1,915 |
| Wanchese | $538 | $768 | $1,014 | $1,383 | $1,849 |
| Waves | $1,003 | $1,637 | $2,396 | $3,413 | $4,397 |
| Duck | N/A | N/A | N/A | N/A | N/A |
| East Lake | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell