Scranton, Hyde County, North Carolina Property Taxes
Median Scranton, NC effective property tax rate: 0.90%, significantly lower than the national median of 1.02%, but higher than the NC state median of 0.82%.
Median Scranton, NC home value: $51,993
Median annual Scranton, NC tax bill: $466, $1,934 lower than the national median property tax bill of $2,400.
How are property taxes in Hyde calculated?
Property taxes in Scranton, 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 Scranton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Scranton, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Scranton, 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
$891
$827
Property Tax Rates Across Scranton, Hyde County, North Carolina
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 Scranton 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 Scranton, Hyde County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27875 | 0.92% | 0.92% | 0.92% | 0.93% | 0.94% |
Source: Ownwell
Property Tax Assessment Values Across Scranton, Hyde County, North Carolina
When examining property taxes in Scranton, 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 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 Scranton.
For example, the median home price in Scranton is $51,993, with tax bills ranging significantly across the county. Zip code 27875 has the highest median home price at $51,993.
Property Tax Assessment Values Across Scranton, Hyde County, North Carolina
Source: Ownwell
$96,814
$247,138
$397,462
Median Scranton Market Value
$96,814
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 Scranton, Hyde County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27875 | $12,618 | $48,424 | $96,814 | $245,702 | $466,355 |
Source: Ownwell
Property Tax Bills Across Scranton, Hyde County, North Carolina
In Scranton, located in Hyde County, NC, property tax bills are calculated based on the assessed value of a home. With a median home price of $51,993, homeowners in Scranton typically face a property tax bill that can range significantly. The 25th percentile tax bill is around $211, while the 75th percentile reaches $1,343, and the 90th percentile can be as high as $2,404. This variation is influenced by the home's assessed value and the local tax rate. Compared to the national median property tax bill of $2,400, Scranton's property taxes can be relatively manageable, but they can still impose a financial burden on some homeowners.
Ownwell assists homeowners in Scranton by providing expert property tax appeal services. By analyzing property assessments and identifying discrepancies or overvaluations, Ownwell can help homeowners reduce their tax liabilities. This service not only offers potential savings but also ensures that residents are paying a fair amount based on their property's true value.
Median Scranton Tax Bill
$900
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 Scranton, Hyde County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27875 | $129 | $427 | $900 | $2,391 | $4,243 |
Source: Ownwell