Midway Park, Onslow County, North Carolina Property Taxes

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

Median Midway Park, NC effective property tax rate: 0.66%, significantly lower than the national median of 1.02%, but lower than the North Carolina state median of 0.82%.
Median Midway Park, NC home value: $90,896
Median annual Midway Park, NC tax bill: $594, $1,806 lower than the national median property tax bill of $2,400.

How are property taxes in Onslow County calculated?

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

Last Updated March 1, 2025

Midway Park, Onslow County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.65%

Estimate Property Tax Bill

$597

$554

Ownwell’s Midway Park Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Midway Park with just two data points. By entering your property's estimated assessed value, our calculator applies Midway Park’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 Midway Park, Onslow County, North Carolina

Local government entities determine tax rates, leading to significant variations within North Carolina. Each year, counties estimate their budgetary needs for public services and divide this by the total value of all taxable properties in their area, resulting in the property tax rate. Despite the involvement of votes and legislation in setting these rates, this is essentially how the process unfolds annually. In Midway Park, located in Onslow County, the effective property tax rate stands at 0.66%. This rate is notably lower than the national median property tax rate of 1.02%. When compared to other cities in North Carolina, Midway Park's tax rate remains consistent, as it represents both the highest and lowest median tax rate in the state, with zip code 28544 reflecting this uniform rate. This can result in lower property tax bills for homeowners in Midway Park compared to the national median property tax bill of $2,400. Understanding these variations can be crucial for property owners considering appealing their property taxes or seeking exemptions.

Property Tax Rates Across Midway Park, 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 Midway Park Tax Rate

0.65%

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 Midway Park, Onslow County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
28544	0.65%	0.65%	0.65%	0.66%	0.66%

Source: Ownwell

Property Tax Assessment Values Across Midway Park, Onslow County, North Carolina

When examining property taxes in Midway Park, 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 Midway Park. For example, the median home price in Midway Park is $90,896, with tax bills ranging significantly across the county. 28544 has the highest median home price at $90,896.

Property Tax Assessment Values Across Midway Park, Onslow County, North Carolina

Source: Ownwell

$91,858

$330,342

$568,826

Median Midway Park Market Value

$91,858

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 Midway Park, Onslow County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
28544	$11,940	$37,353	$91,858	$155,001	$176,249

Source: Ownwell

Property Tax Bills Across Midway Park, Onslow County, North Carolina

In Midway Park, located in Onslow County, NC, property tax bills are calculated based on the assessed value of a home. The county determines this value, which is then multiplied by the local tax rate to calculate the annual tax bill. With a median home price of $90,896, homeowners in this region experience a range of tax bills. The 25th percentile tax bill is $124, while the 75th percentile reaches $977, and the 90th percentile is $1,131. The median tax bill is notably lower than the national median of $2,400, highlighting a more affordable tax environment for homeowners in Midway Park.

However, even with relatively low property taxes, homeowners can still benefit from appealing their tax assessments. Ownwell offers specialized services to help homeowners navigate the complexities of property tax appeals and exemptions. By leveraging their expertise, homeowners can potentially reduce their tax bills, ensuring they pay only their fair share. This not only provides immediate financial relief but also contributes to long-term savings.

Property Tax Bills Across Midway Park, Onslow County, North Carolina

Source: Ownwell

$601

$2,160

$3,719

Median Midway Park Tax Bill

$601

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 Midway Park, Onslow County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
28544	$78	$234	$601	$986	$1,135

Source: Ownwell