Edward, Beaufort County, North Carolina Property Taxes
Median Edward, NC effective property tax rate: 0.98%, slightly lower than the national median of 1.02%, but higher than the North Carolina state median of 0.82%.
Median Edward, NC home value: $50,925
Median annual Edward, NC tax bill: $505, $1,895 lower than the national median property tax bill of $2,400.
How are property taxes in Beaufort calculated?
Property taxes in Edward, 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 Edward’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Edward, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Edward, Beaufort County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.99%
Estimate Property Tax Bill
$490
$455
Property Tax Rates Across Edward, Beaufort County, North Carolina
Local government entities are responsible for setting tax rates, which can differ significantly within a state. This variation is due to the fact that each county annually estimates the budget needed to provide essential services and then divides this by the total value of all taxable property within its jurisdiction. The result of this calculation is the property tax rate. While the process involves votes and legislative measures to determine tax rates and budgets, this is the fundamental approach taken each year.
For example, in EDWARD, located in Beaufort County, North Carolina, the effective property tax rate is a reflection of this process. When compared to other cities in North Carolina, as well as the median property tax rates in the state and across the U.S., it provides insight into how local taxation compares on a broader scale. Understanding these differences can help property owners make informed decisions about appeals and exemptions, ensuring they are not overpaying on their property taxes.
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 Edward Tax Rate
0.99%
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 Beaufort County Tax Rate
0.94%
Median Effective North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Edward, Beaufort County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27821 | 0.69% | 0.87% | 0.99% | 1.15% | 1.48% |
Source: Ownwell
Property Tax Assessment Values Across Edward, Beaufort County, North Carolina
When examining property taxes in Edward, 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 Beaufort 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 Beaufort County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Edward.
For example, the median home price in Edward is $50,925, with tax bills ranging significantly across the county. Zip code 27821 has the highest median home price at $50,925.
Property Tax Assessment Values Across Edward, Beaufort County, North Carolina
Source: Ownwell
$49,537
$130,832
$212,127
Median Edward Market Value
$49,537
Median Beaufort County Market Value
$100,726
Median North Carolina Market Value
$221,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Edward, Beaufort County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27821 | $19,080 | $30,918 | $49,537 | $72,830 | $96,493 |
Source: Ownwell
Property Tax Bills Across Edward, Beaufort County, North Carolina
In Edward, located in Beaufort County, NC, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Edward is $50,925, with property tax bills varying significantly across the spectrum. At the 25th percentile, homeowners pay approximately $367, while those at the 75th percentile face a bill around $666. The tax bill for homeowners at the 90th percentile reaches $838. Compared to the national median property tax rate of 1.02%, Edward's homeowners enjoy relatively lower tax bills.
Homeowners in Edward can face challenges when property assessments do not accurately reflect market conditions, leading to higher tax bills. Ownwell can assist by providing professional property tax appeal services. By analyzing local market data and assessment practices, Ownwell identifies potential savings opportunities, ensuring homeowners pay only their fair share. With expertise in navigating the complexities of property tax systems, Ownwell helps alleviate the financial burden on homeowners, maximizing their savings and offering peace of mind.
Median Edward Tax Bill
$508
Median Beaufort County Tax Bill
$967
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$2,400
Property Tax Bills Across Edward, Beaufort County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27821 | $257 | $368 | $508 | $667 | $825 |
Source: Ownwell