Kenly, Wayne County, North Carolina Property Taxes

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

Median Kenly, NC effective property tax rate: 0.84%, significantly lower than the national median of 1.02%, but higher than the North Carolina state median of 0.82%.
Median Kenly, NC home value: $72,320
Median annual Kenly, NC tax bill: $659, $1,741 lower than the national median property tax bill of $2,400.

How are property taxes in Wayne County calculated?

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

Last Updated March 1, 2025

Kenly, Wayne County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.84%

Estimate Property Tax Bill

$607

$564

Ownwell’s Kenly Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Kenly with just two data points. By entering your property's estimated assessed value, our calculator applies Kenly’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 Wayne County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Kenly, Wayne County, North Carolina

Local government entities set tax rates, which can vary widely within a state. This variation is due to the fact that each county annually 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.

In Kenly, located in Wayne County, North Carolina, the effective property tax rate is 0.84%. This rate is consistent with the highest and lowest median tax rates found within the same zip code, 27542. Comparatively, North Carolina's median property tax rate aligns with Kenly's rate, both below the national median of 1.02%. This means that property owners in Kenly benefit from a lower tax burden than many other areas across the country. Understanding these rates can help property owners make informed decisions about appealing their property tax assessments or seeking exemptions.

Property Tax Rates Across Kenly, Wayne County, North Carolina

Source: Ownwell

0.80%

0.84%

0.88%

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 Kenly Tax Rate

0.84%

Median Effective Wayne County Tax Rate

0.85%

Median Effective North Carolina Tax Rate

0.82%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Kenly, Wayne County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
27542	0.81%	0.82%	0.84%	0.88%	0.91%

Source: Ownwell

Property Tax Assessment Values Across Kenly, Wayne County, North Carolina

When examining property taxes in Kenly, 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 Wayne 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 Wayne 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 Kenly. For example, the median home price in Kenly is $72,320, with tax bills ranging significantly across the county. Zip code 27542 has the highest median home price at $72,320.

Property Tax Assessment Values Across Kenly, Wayne County, North Carolina

Source: Ownwell

$21,315

$60,713

$100,110

Median Kenly Market Value

$72,320

Median Wayne County Market Value

$66,340

Median North Carolina Market Value

$197,136

Median United States Market Value

$235,294

Property Tax Assessment Values Across Kenly, Wayne County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
27542	$13,788	$30,470	$72,320	$134,655	$208,960

Source: Ownwell

Property Tax Bills Across Kenly, Wayne County, North Carolina

In Kenly, located in Wayne County, NC, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is typically a percentage of the property's market value, which is determined by the county assessor. Homeowners in Kenly face a median property tax bill of $659, which is significantly lower than the national median of $2,400. This lower tax bill is partly due to the more affordable median home price of $72,320 in the area. However, property tax bills can vary widely, with 25th percentile bills at $300 and 90th percentile bills reaching up to $1,791. For homeowners looking to reduce their property tax burden, Ownwell offers valuable assistance. By reviewing property assessments and identifying potential inaccuracies, Ownwell helps homeowners appeal their property taxes and secure exemptions. This service can lead to substantial savings, ensuring that homeowners in Kenly pay only their fair share, aligning their tax bills more closely with their property's true value.

Property Tax Bills Across Kenly, Wayne County, North Carolina

Source: Ownwell

$210

$646

$1,081

Median Kenly Tax Bill

$659

Median Wayne County Tax Bill

$703

Median North Carolina Tax Bill

$1,615

Median United States Tax Bill

$2,400

Property Tax Bills Across Kenly, Wayne County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
27542	$122	$300	$659	$1,157	$1,791

Source: Ownwell