Walstonburg, Wilson County, North Carolina Property Taxes
Median Walstonburg, NC effective property tax rate: 0.93%, significantly lower than the national median of 1.02%, but higher than the North Carolina state median of 0.82%.
Median Walstonburg, NC home value: $78,482
Median annual Walstonburg, NC tax bill: $731, $1,669 lower than the national median property tax bill of $2,400.
How are property taxes in Wilson County calculated?
Property taxes in Walstonburg, 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 Walstonburg’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Walstonburg, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Walstonburg, Wilson County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.93%
Estimate Property Tax Bill
$730
$677
Property Tax Rates Across Walstonburg, Wilson County, North Carolina
Local government entities are responsible for setting tax rates, and these can vary significantly within North Carolina. This variation is largely due to each county's annual budget requirements for providing public services. To determine the property tax rate, counties divide their needed budget by the total assessed value of all taxable property in their jurisdiction. This process, although influenced by votes and laws, essentially defines how property tax rates are set each year.
In Walstonburg, located in Wilson County, the effective property tax rate offers a point of comparison to other cities in North Carolina, as well as to state and national medians. North Carolina's median property tax rate is 0.93%, which is slightly below the national median of 1.02%. This positions Walstonburg favorably for homeowners seeking lower property tax rates. By understanding these local tax dynamics, property owners in Walstonburg can better navigate their financial responsibilities and potentially explore property tax appeals or exemptions to optimize their tax liabilities.
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 Walstonburg Tax Rate
0.93%
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 Wilson County Tax Rate
1.30%
Median Effective North Carolina Tax Rate
0.82%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Walstonburg, Wilson County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27888 | 0.56% | 0.88% | 0.93% | 1.31% | 1.31% |
Source: Ownwell
Property Tax Assessment Values Across Walstonburg, Wilson County, North Carolina
When examining property taxes in Walstonburg, 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 Wilson 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 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 Walstonburg.
For example, the median home price in Walstonburg is $78,482, with tax bills ranging significantly across the county. Zip code 27888 has the highest median home price at $78,482.
Property Tax Assessment Values Across Walstonburg, Wilson County, North Carolina
Source: Ownwell
$66,768
$107,800
$148,831
Median Walstonburg Market Value
$78,482
Median Wilson County Market Value
$97,889
Median North Carolina Market Value
$197,136
Median United States Market Value
$235,294
Property Tax Assessment Values Across Walstonburg, Wilson County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27888 | $29,071 | $44,618 | $78,482 | $129,031 | $191,693 |
Source: Ownwell
Property Tax Bills Across Walstonburg, Wilson County, North Carolina
In Walstonburg, NC, property tax bills are calculated based on the assessed value of a home. The local tax rate is applied to this value, determining the homeowner's tax obligation. In Wilson County, where Walstonburg is located, the median property tax bill stands at $731, which is significantly lower than the national median of $2,400. Homeowners in Walstonburg benefit from this lower tax burden, with tax bills ranging from the 25th percentile at $457 to the 90th percentile at $1,343. These figures reflect the assessed value of properties and the local tax rate, which can fluctuate based on budgetary needs and property market trends.
Navigating these assessments can be challenging, but Ownwell offers a solution. By leveraging expertise in property tax appeals and exemptions, Ownwell helps homeowners ensure their property is assessed fairly, potentially leading to substantial savings. This support is crucial in safeguarding homeowners' finances and ensuring they do not overpay on their property taxes. With Ownwell's assistance, homeowners in Walstonburg can confidently manage their property tax obligations.
Median Walstonburg Tax Bill
$731
Median Wilson County Tax Bill
$1,033
Median North Carolina Tax Bill
$1,615
Median United States Tax Bill
$2,400
Property Tax Bills Across Walstonburg, Wilson County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27888 | $313 | $457 | $731 | $1,063 | $1,343 |
Source: Ownwell