Pasquotank County, North Carolina Property Taxes
Property Taxes in Pasquotank County, North Carolina
Median Pasquotank County effective property tax rate: 0.74%, significantly lower than the national median of 1.02%.
Median Pasquotank County home value: $167,200
Median annual Pasquotank County tax bill: $1,460, $940 lower than the national median property tax bill of $2,400.
How are property taxes in Pasquotank County calculated?
Property taxes in Pasquotank County 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.
Why are property taxes in Pasquotank County lower than the national median? The county’s effective property tax rate of 0.74% is well below the national median of 1.02%, which helps keep the annual tax bill lower for many homeowners.
How do Pasquotank County taxes compare with North Carolina? The county’s median tax bill is $1,460, while the state median is $940 lower than the national median, showing how local assessments can vary.
Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Pasquotank County or another part of the county, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Pasquotank County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.74%
Estimate Property Tax Bill
$1,237
$1,148
How Does the Pasquotank County Property Tax Calculator Work?
Use this Pasquotank County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Pasquotank County's median effective tax rate of 0.74% to generate your estimate.
Enter your property's estimated assessed value — the figure the appraisal district assigns for tax purposes, which is typically lower than market value after applicable exemptions. Our calculator uses the median effective rate for a more accurate estimate than the statutory millage rate alone.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property. Pasquotank County's median tax rate is lower than the North Carolina median tax rate of 0.81%, and the median tax bill is $1,460, which is $940 lower than the state median tax bill.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Pasquotank County.
Property Tax Rates Across Pasquotank County, North Carolina
What Are Effective Property Tax Rates Across Pasquotank County?
Local government entities set tax rates, which vary widely across Pasquotank County. Each year, the county estimates its budget for public services and divides that total by the assessed value of all taxable property within its jurisdiction.
Below, compare Pasquotank County's effective property tax rate to other counties in North Carolina or the U.S. median of 1.02%.
Pasquotank County's median effective rate stands at 0.74%, which is lower than the national median of 1.02%. Within Pasquotank County, the highest rate is found in Elizabeth City at 0.74%, while Elizabeth City has the lowest at 0.74%.
These variations reflect differences in local school district levies, special assessment districts assessments, and special district bonds — which compound the base county rate.
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 Pasquotank County Tax Rate
0.74%
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 North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Pasquotank County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Elizabeth City | 0.66% | 0.68% | 0.74% | 1.32% | 1.46% |
Source: Ownwell
Property Tax Assessment Values Across Pasquotank County, North Carolina
When examining property taxes in Pasquotank County, 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 Pasquotank County tax office 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 Pasquotank 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. For comparison, the national median property tax rate is 1.02% and the national median property tax bill is $2,400, while the median tax bill in Pasquotank County is $1,460. Elizabeth City has the highest median home price at $167,200.
Property Tax Assessment Values Across Pasquotank County, North Carolina
Source: Ownwell
$167,200
$167,200
$167,200
Median Pasquotank County Market Value
$167,200
Median North Carolina Market Value
$221,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Pasquotank County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Elizabeth City | $59,400 | $107,500 | $167,200 | $243,800 | $305,900 |
Source: Ownwell
Property Tax Bills Across Pasquotank County, North Carolina
How are property tax bills calculated in Pasquotank County?
Property tax bills are based on the assessed value of a home multiplied by the local tax rate, so a higher market value usually leads to a higher bill. In Pasquotank County, the median home price is $167,200, which helps explain why tax bills can vary widely from one homeowner to another. The 25th percentile tax bill is $974, while the 75th percentile tax bill is $1,950 and the 90th percentile tax bill is $2,836, showing how differences in home value and assessment can affect what residents owe.
What factors influence the final bill?
Home size, location, and how the property is assessed all play a role. In Elizabeth City, the highest and lowest median tax bill is $1,460, suggesting that local assessments can still produce meaningful differences even within the same area. For homeowners, this means property tax bills are not fixed and can change as market conditions and assessed values change.
Median Pasquotank County Tax Bill
$1,460
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$2,400
Property Tax Bills Across Pasquotank County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Elizabeth City | $641 | $974 | $1,460 | $1,950 | $2,837 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 15 |
Links | |
|---|---|
| Pasquotank Tax Assessor | |
| Website | www.pasquotankcountync.org |