Coinjock, Currituck County, North Carolina Property Taxes

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

Median Coinjock, NC effective property tax rate: 0.66%, significantly lower than the national median of 1.02%, but lower than the North Carolina state median of 0.82%.
Median Coinjock, NC home value: $175,500
Median annual Coinjock, NC tax bill: $1,125, $1,275 lower than the national median property tax bill of $2,400.

How are property taxes in Currituck calculated?

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

Last Updated March 1, 2025

Coinjock, Currituck County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.72%

Estimate Property Tax Bill

$1,672

$1,552

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

By entering your property's estimated assessed value, our calculator applies Coinjock’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 Currituck County.

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

Property Tax Rates Across Coinjock, Currituck County, North Carolina

Local government entities set tax rates, which can vary widely within a state. This is because 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.

In Coinjock, located in Currituck County, North Carolina, the effective property tax rate stands at 0.66%. This is significantly lower than the national median property tax rate of 1.02%. Coinjock's rate is consistent with the highest and lowest median tax rates within the zip code 27923, showcasing a stable tax environment. Such a lower tax rate can be appealing to property owners and investors, offering a potential advantage over other regions with higher rates. By understanding these dynamics, property owners in Coinjock can better navigate their financial planning and take advantage of the favorable tax conditions.

Property Tax Rates Across Coinjock, Currituck County, North Carolina

Source: Ownwell

0.70%

0.76%

0.81%

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 Coinjock Tax Rate

0.72%

Median Effective Currituck County Tax Rate

0.74%

Median Effective North Carolina Tax Rate

0.81%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Coinjock, Currituck County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
27923	0.62%	0.68%	0.72%	0.78%	0.89%

Source: Ownwell

Property Tax Assessment Values Across Coinjock, Currituck County, North Carolina

When examining property taxes in Coinjock, 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 Currituck County Tax Appraisal 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.

In Currituck 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 Coinjock. For example, the median home price in Coinjock is $175,500, with tax bills ranging significantly across the county. ZIP code 27923 has the highest median home price at $175,500.

Property Tax Assessment Values Across Coinjock, Currituck County, North Carolina

Source: Ownwell

$152,800

$327,800

$502,800

Median Coinjock Market Value

$232,250

Median Currituck County Market Value

$313,200

Median North Carolina Market Value

$221,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Coinjock, Currituck County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
27923	$82,050	$143,725	$232,250	$336,500	$452,300

Source: Ownwell

Property Tax Bills Across Coinjock, Currituck County, North Carolina

In Coinjock, located in Currituck County, NC, property tax bills are calculated based on the assessed value of a home, which is determined by the county's tax assessor. The median home price in the area is $175,500. Homeowners in Coinjock face a range of property tax bills, with the 25th percentile paying around $724 and the 75th percentile facing bills up to $1,823. The 90th percentile can see tax bills as high as $2,506. The median property tax bill in the area stands at $1,125, which is below the national median of $2,400. This lower-than-average tax bill can be appealing to homeowners, but there is still room for savings. Ownwell assists homeowners by identifying potential exemptions and appealing assessed values that may be inaccurately high. By leveraging their expertise, homeowners can potentially reduce their property tax bills, keeping more money in their pockets. Ownwell's services are designed to simplify the process, ensuring homeowners pay only their fair share of property taxes.

Property Tax Bills Across Coinjock, Currituck County, North Carolina

Source: Ownwell

$1,171

$2,836

$4,500

Median Coinjock Tax Bill

$1,689

Median Currituck County Tax Bill

$2,279

Median North Carolina Tax Bill

$1,813

Median United States Tax Bill

$2,400

Property Tax Bills Across Coinjock, Currituck County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
27923	$660	$1,075	$1,689	$2,366	$3,054

Source: Ownwell