Belhaven, Hyde County, North Carolina Property Taxes
Median Belhaven, NC effective property tax rate: 0.89%, significantly lower than the national median of 1.02%, but higher than the North Carolina state median of 0.82%.
Median Belhaven, NC home value: $84,796
Median annual Belhaven, NC tax bill: $760, $1,640 lower than the national median property tax bill of $2,400.
How are property taxes in Hyde calculated?
Property taxes in Belhaven, 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 Belhaven’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Belhaven, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Belhaven, Hyde County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.92%
Estimate Property Tax Bill
$1,413
$1,311
Property Tax Rates Across Belhaven, Hyde County, North Carolina
Local government entities set tax rates, which can vary widely within a state. 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 Belhaven’s effective property tax rate to other cities in North Carolina and the median property tax rates in North Carolina and the U.S.
Belhaven, located in Hyde County, has an effective property tax rate of 0.89%, which is below the national median property tax rate of 1.02%. This makes Belhaven an attractive option for homeowners seeking lower property taxes. The median property tax bill in Belhaven is also likely to be lower than the national median of $2400, providing additional financial relief for residents. Comparatively, North Carolina's median property tax rate aligns with Belhaven's, offering a consistent tax environment within the state. Residents of Belhaven benefit from a favorable tax rate, making it a desirable place to live for those looking to minimize their property tax burden.
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 Belhaven Tax Rate
0.92%
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 Hyde County Tax Rate
0.92%
Median Effective North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Belhaven, Hyde County, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
27810 | 0.78% | 0.92% | 0.92% | 0.92% | 0.98% |
Source: Ownwell
Property Tax Assessment Values Across Belhaven, Hyde County, North Carolina
When examining property taxes in Belhaven, 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 Hyde 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 Hyde County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Belhaven. For example, the median home price in Belhaven is $84,796, with tax bills ranging significantly across the county. Zip code 27810 has the highest median home price at $84,796.
Property Tax Assessment Values Across Belhaven, Hyde County, North Carolina
Source: Ownwell
$96,814
$247,138
$397,462
Median Belhaven Market Value
$153,584
Median Hyde County Market Value
$136,630
Median North Carolina Market Value
$221,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Belhaven, Hyde County, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
27810 | $10,117 | $62,311 | $153,584 | $230,933 | $356,410 |
Source: Ownwell
Property Tax Bills Across Belhaven, Hyde County, North Carolina
Median Belhaven Tax Bill
$1,508
Median Hyde County Tax Bill
$1,361
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$2,400
Property Tax Bills Across Belhaven, Hyde County, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
27810 | $138 | $662 | $1,508 | $2,120 | $3,258 |
Source: Ownwell