Property Taxes in Castle Hayne, North Carolina
Median Castle Hayne, North Carolina effective property tax rate: 0.55%, significantly lower than the national median of 1.02%, and lower than the North Carolina state median of 0.81%.
Median Castle Hayne, North Carolina home value: $207,000
Median annual Castle Hayne, North Carolina tax bill: $1,118, $1,282 lower than the national median property tax bill of $2,400.
How are property taxes in New Hanover calculated?
Property taxes in Castle Hayne, 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 Castle Hayne's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Castle Hayne, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Castle Hayne Property Tax Calculator Work?
Use this Castle Hayne property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Castle Hayne's median effective tax rate of 0.55% — based on actual property records in New Hanover 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 Castle Hayne'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 Castle Hayne: rates range from 0.55% in 28429 to 0.55% in 28429, 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 Castle Hayne.
About Castle Hayne Property Taxes
About Property Taxes in Castle Hayne, New Hanover, North Carolina
Castle Hayne’s median effective property tax rate of 0.55% is lower than the North Carolina state median of 0.81% and lower than the national median of 1.02%. This rate reflects the New Hanover 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 Castle Hayne. Homeowners in ZIP code 28429 carry a median effective rate of 0.55%, while those in 28429 pay 0.55%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across New Hanover County. Understanding which part of Castle Hayne you live in can make a meaningful difference to your annual tax bill.
Castle Hayne homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before May 4, 2026.
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 Castle Hayne, New Hanover 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 Castle Hayne'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 Castle Hayne, New Hanover County, North Carolina
Source: Ownwell
0.54%
0.71%
0.87%
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 Castle Hayne Tax Rate
0.55%
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 New Hanover County Tax Rate
0.57%
Median Effective North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Castle Hayne, New Hanover County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28429 | 0.44% | 0.54% | 0.55% | 0.57% | 0.58% |
Source: Ownwell
Property Tax Assessment Values Across Castle Hayne, New Hanover County, North Carolina
When examining property taxes in Castle Hayne, 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 New Hanover 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.
Assessment notices:
In New Hanover County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of February.
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 Castle Hayne is $207,000, with tax bills ranging significantly across the county. 28429 has the highest median home price at $207,000.
Property Tax Assessment Values Across Castle Hayne, New Hanover County, North Carolina
Source: Ownwell
$176,900
$560,525
$944,150
Median Castle Hayne Market Value
$207,000
Median New Hanover County Market Value
$268,900
Median North Carolina Market Value
$221,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Castle Hayne, New Hanover County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28429 | $105,460 | $156,800 | $207,000 | $288,500 | $430,760 |
Source: Ownwell
Property Tax Bills Across Castle Hayne, New Hanover County, North Carolina
Property tax bills in Castle Hayne are based on the assessed value of a home and the local tax rate set by New Hanover County and other taxing authorities. When a property is valued, that assessment becomes the starting point for calculating the bill, so homes with higher assessed values generally face higher taxes. The median home price in Castle Hayne is $207,000, which helps explain how local bills are shaped by property values in the area.
For many homeowners, the size of the tax bill depends on more than just the home itself. Location within the county, local public service funding, and changes in assessed value can all affect what is owed. In Castle Hayne, the median tax bill is $1,118, which is below the national median property tax bill of $2,400 and the national median property tax rate of 1.02%. Bills can still vary widely, with the 25th percentile at $858 and the 90th percentile at $2,071, affecting monthly housing costs and long-term affordability.
Property Tax Bills Across Castle Hayne, New Hanover County, North Carolina
Source: Ownwell
$1,118
$3,064
$5,010
Median Castle Hayne Tax Bill
$1,118
Median New Hanover County Tax Bill
$1,711
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$3,209
Property Tax Bills Across Castle Hayne, New Hanover County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28429 | $496 | $858 | $1,118 | $1,508 | $2,071 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | May 14 |
Links | |
|---|---|
| New Hanover Tax Assessor | |
| Website | etax.nhcgov.com |