Cape Carteret, Onslow County, North Carolina Property Taxes

Name: Property Tax Bills Across Cape Carteret, Onslow County, North Carolina
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Cape Carteret, NC effective property tax rate: 1.00%, slightly lower than the national median of 1.02%, but higher than the North Carolina state median of 0.82%.
Median Cape Carteret, NC home value: $317,836
Median annual Cape Carteret, NC tax bill: $3,194, $794 higher than the national median property tax bill of $2,400.

How are property taxes in Onslow County calculated?

Property taxes in Cape Carteret, 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 Cape Carteret’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Cape Carteret, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Cape Carteret, Onslow County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

Estimate Property Tax Bill

$3,178

$2,949

Ownwell’s Cape Carteret Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Cape Carteret with just two data points. By entering your property's estimated assessed value, our calculator applies Cape Carteret’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Onslow County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Cape Carteret, Onslow County, North Carolina

Local government entities are responsible for setting tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates its required budget for public services and divides this amount by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially how the process unfolds each year.

In Cape Carteret, located in Onslow County, the effective property tax rate is a critical factor for homeowners to consider. Comparing Cape Carteret’s rate to other cities in North Carolina, as well as the median property tax rates in the state and across the U.S., provides valuable insight. North Carolina's median property tax rate is slightly below the national median of 1.02%. This comparison helps property owners understand their tax obligations relative to other areas, offering a clearer picture of their financial responsibilities. Understanding these differences is essential for homeowners aiming to optimize their property tax outcomes.

Property Tax Rates Across Cape Carteret, Onslow County, North Carolina

Source: Ownwell

0.65%

0.87%

1.08%

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 Cape Carteret Tax Rate

1.00%

Median Effective Onslow County Tax Rate

0.66%

Median Effective North Carolina Tax Rate

0.81%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Cape Carteret, Onslow County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
28584	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Cape Carteret, Onslow County, North Carolina

When examining property taxes in Cape Carteret, 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 Onslow 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 Onslow 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 Cape Carteret. For example, the median home price in Cape Carteret is $317,836, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Cape Carteret, Onslow County, North Carolina

Source: Ownwell

$91,858

$330,342

$568,826

Median Cape Carteret Market Value

$317,836

Median Onslow County Market Value

$188,238

Median North Carolina Market Value

$221,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Cape Carteret, Onslow County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
28584	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Cape Carteret, Onslow County, North Carolina

In Cape Carteret, NC, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is then multiplied by the local tax rate to calculate the annual property tax bill. While the national median property tax bill is $2,400, homeowners in Cape Carteret experience a range. The 25th percentile tax bill is $2,253, which is slightly below the national median. However, at the 75th percentile, the tax bill rises to $3,400, and at the 90th percentile, it reaches $4,047, significantly higher than the national median. These fluctuations can impact homeowners' budgets considerably. Factors such as changes in local tax rates, property improvements, and neighborhood developments can all influence the assessed value and, consequently, the tax bill. Ownwell offers property tax appeal and exemption services to help homeowners potentially reduce their tax burden. By analyzing assessments and identifying discrepancies, Ownwell can assist homeowners in Cape Carteret to ensure they are not overpaying on their property taxes.

Property Tax Bills Across Cape Carteret, Onslow County, North Carolina

Source: Ownwell

$601

$2,160

$3,719

Median Cape Carteret Tax Bill

$3,194

Median Onslow County Tax Bill

$1,395

Median North Carolina Tax Bill

$1,813

Median United States Tax Bill

$2,400

Property Tax Bills Across Cape Carteret, Onslow County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
28584	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	May 4

Links
Onslow Tax Assessor
Website	property.onslowcountync.gov