Elm City, Wilson County, North Carolina Property Taxes

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

Median ELM CITY, NC effective property tax rate: 0.88%, significantly lower than the national median of 1.02%, but higher than the North Carolina state median of 0.82%.
Median ELM CITY, NC home value: $88,662
Median annual ELM CITY, NC tax bill: $850, $1,550 lower than the national median property tax bill of $2,400.

How are property taxes in Wilson calculated?

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

Last Updated March 1, 2025

Elm City, Wilson County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.71%

Estimate Property Tax Bill

$1,156

$1,073

Ownwell’s Elm City Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Elm City with just two data points.

By entering your property's estimated assessed value, our calculator applies Elm City’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 Wilson County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Elm City, Wilson County, North Carolina

Local government entities set tax rates, which can vary widely within a state. 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 Elm City's effective property tax rate to other cities in North Carolina and the median property tax rates in North Carolina and the U.S.

Elm City in Wilson County, North Carolina, offers a property tax rate that aligns with the state’s median rate of 0.88%, which is slightly lower than the national median property tax rate of 1.02%. This lower rate can provide significant savings for property owners, making Elm City an attractive location for potential homeowners. Compared to the national median property tax bill of $2400, Elm City residents often benefit from more affordable property taxes, enhancing the appeal of living in this region. Whether you're considering buying property or looking to understand your current tax obligations better, Elm City's competitive tax rate is a notable factor to consider.

Property Tax Rates Across Elm City, Wilson County, North Carolina

Source: Ownwell

0.64%

0.88%

1.12%

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 Elm City Tax Rate

0.71%

Median Effective Wilson County Tax Rate

1.00%

Median Effective North Carolina Tax Rate

0.81%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Elm City, Wilson County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
27822	0.54%	0.60%	0.71%	0.76%	1.20%

Source: Ownwell

Property Tax Assessment Values Across Elm City, Wilson County, North Carolina

When examining property taxes in Elm City, 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. Wilson County 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 Wilson 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 Elm City. For example, the median home price in Elm City is $88,662, with tax bills ranging significantly across the county. 27822 has the highest median home price at $88,662.

Property Tax Assessment Values Across Elm City, Wilson County, North Carolina

Source: Ownwell

$125,855

$202,393

$278,930

Median Elm City Market Value

$162,796

Median Wilson County Market Value

$180,636

Median North Carolina Market Value

$221,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Elm City, Wilson County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
27822	$84,147	$123,528	$162,796	$226,180	$334,770

Source: Ownwell

Property Tax Bills Across Elm City, Wilson County, North Carolina

In Elm City, located in Wilson County, NC, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. With a median home price of $88,662, homeowners in Elm City can expect property tax bills that range from $576 at the 25th percentile to $1,766 at the 90th percentile. The median property tax bill is $850, which is significantly below the national median of $2,400. This relatively low tax bill can be attributed to the lower property values in the area. However, even with lower tax rates, homeowners may still find themselves overpaying due to inaccurate assessments. Ownwell offers services to help homeowners appeal their property tax assessments, potentially lowering their tax bills. By providing expert guidance and handling the appeals process, Ownwell ensures homeowners pay only their fair share, offering peace of mind and potential savings.

Property Tax Bills Across Elm City, Wilson County, North Carolina

Source: Ownwell

$801

$1,730

$2,659

Median Elm City Tax Bill

$1,205

Median Wilson County Tax Bill

$1,539

Median North Carolina Tax Bill

$1,813

Median United States Tax Bill

$2,400

Property Tax Bills Across Elm City, Wilson County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
27822	$550	$825	$1,205	$1,707	$2,659

Source: Ownwell