Harrellsville, Hertford County, North Carolina Property Taxes
Median Harrellsville, NC effective property tax rate: 1.15%, significantly higher than the national median of 1.02%, but lower than the North Carolina state median of 0.82%.
Median Harrellsville, NC home value: $64,408
Median annual Harrellsville, NC tax bill: $754, $1,646 lower than the national median property tax bill of $2,400.
How are property taxes in Hertford County calculated?
Property taxes in Harrellsville, 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 Harrellsville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Harrellsville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Harrellsville, Hertford County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.15%
Estimate Property Tax Bill
$744
$690
Property Tax Rates Across Harrellsville, Hertford County, North Carolina
Local government entities determine tax rates, leading to significant variation within a state. Each county annually estimates its budget needs to provide services and divides this by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the core of the annual process.
Harrellsville, situated in Hertford County, North Carolina, is an example where property tax rates reflect these local decisions. The effective property tax rate in Harrellsville aligns with the county's median rate of 1.15%, which is notably above the national median of 1.02%. This comparison highlights the variability of property tax rates across different regions. The median property tax bill in Harrellsville also surpasses the national median of $2,400, emphasizing the impact of local government budgetary needs on property owners.
Understanding these differences is crucial for property owners, as it affects financial planning and investment decisions. By comparing Harrellsville’s property tax rate to those in other cities within North Carolina and to national figures, property owners can gain valuable insight into their financial obligations.
Property Tax Rates Across Harrellsville, Hertford County, North Carolina
Source: Ownwell
0.92%
1.21%
1.50%
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 Harrellsville Tax Rate
1.15%
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 Hertford County Tax Rate
1.29%
Median Effective North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Harrellsville, Hertford County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27942 | 0.84% | 0.92% | 1.15% | 1.27% | 1.57% |
Source: Ownwell
Property Tax Assessment Values Across Harrellsville, Hertford County, North Carolina
When examining property taxes in Harrellsville, 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 Hertford 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 Hertford 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 Harrellsville.
For example, the median home price in Harrellsville is $64,408, with tax bills ranging significantly across the county. Zip code 27942 has the highest median home price at $64,408.
Property Tax Assessment Values Across Harrellsville, Hertford County, North Carolina
Source: Ownwell
$49,864
$75,518
$101,172
Median Harrellsville Market Value
$64,672
Median Hertford County Market Value
$64,355
Median North Carolina Market Value
$221,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Harrellsville, Hertford County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27942 | $16,302 | $33,711 | $64,672 | $116,168 | $195,426 |
Source: Ownwell
Property Tax Bills Across Harrellsville, Hertford County, North Carolina
Median Harrellsville Tax Bill
$760
Median Hertford County Tax Bill
$801
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$2,400
Property Tax Bills Across Harrellsville, Hertford County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27942 | $146 | $456 | $760 | $1,162 | $1,772 |
Source: Ownwell