Henrico, Northampton County, North Carolina Property Taxes
Property Taxes in Henrico, North Carolina
Median Henrico, North Carolina effective property tax rate: 0.91%, significantly lower than the national median of 1.02%, and higher than the North Carolina state median of 0.81%.
Median Henrico, North Carolina home value: $365,679
Median annual Henrico, North Carolina tax bill: $3,272, $872 higher than the national median property tax bill of $2,400.
How are property taxes in Northampton calculated?
Property taxes in Henrico, North Carolina 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 Henrico's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Henrico, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Henrico, Northampton County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.91%
Estimate Property Tax Bill
$3,328
$3,088
How Does the Henrico Property Tax Calculator Work?
Use this Henrico property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Henrico's median effective tax rate of 0.91% — based on actual property records in Northampton County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Henrico's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Henrico: rates range from 0.91% in 27842 to 0.91% in 27842, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Henrico.
About Henrico Property Taxes
About Property Taxes in Henrico, Northampton, North Carolina
Henrico’s median effective property tax rate of 0.91% is lower than the North Carolina state median of 0.81% and higher than the national median of 1.02%. This rate reflects the Northampton County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Henrico. Homeowners in the 27842 ZIP code carry a median effective rate of 0.91%, while those in 27842 pay 0.91%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Northampton County. Understanding which part of Henrico you live in can make a meaningful difference to your annual tax bill.
Henrico homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the July 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Henrico, Northampton County, North Carolina
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? 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.
Below, you can compare Henrico's effective property tax rate to other cities in North Carolina and the median property tax rates in North Carolina and the U.S.
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 Henrico Tax Rate
0.91%
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 Northampton County Tax Rate
1.06%
Median Effective North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Henrico, Northampton County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27842 | 0.86% | 0.87% | 0.91% | 0.95% | 1.19% |
Source: Ownwell
Property Tax Assessment Values Across Henrico, Northampton County, North Carolina
When examining property taxes in Henrico, North Carolina, 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 Northampton 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 Northampton County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 Henrico.
For example, the median home price in Henrico is $365,679, with tax bills ranging significantly across the county. 27842 has the highest median home price at $365,679.
Property Tax Assessment Values Across Henrico, Northampton County, North Carolina
Source: Ownwell
$52,099
$208,889
$365,679
Median Henrico Market Value
$365,679
Median Northampton County Market Value
$68,298
Median North Carolina Market Value
$221,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Henrico, Northampton County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27842 | $9,726 | $74,966 | $365,679 | $615,871 | $857,664 |
Source: Ownwell
Property Tax Bills Across Henrico, Northampton County, North Carolina
Property tax bills in Henrico are based on the assessed value of a home and the local tax rate set by the county and other taxing authorities. When a property’s market value changes, the assessed value can change too, which affects the final bill homeowners receive. For a home with a median price of $365,679, the tax bill can vary widely depending on location, exemptions, and how the property is classified.
In Northampton County, the median property tax bill is $3,272, which is higher than the national median property tax bill of $2,400 and above the national median property tax rate of 1.02%. Bills in the county also range from $883 at the 25th percentile to $5,572 at the 75th percentile, with the 90th percentile reaching $7,744. These differences show how property taxes can significantly affect monthly housing costs and long-term affordability for homeowners.
Property Tax Bills Across Henrico, Northampton County, North Carolina
Source: Ownwell
$678
$1,975
$3,272
Median Henrico Tax Bill
$3,272
Median Northampton County Tax Bill
$842
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$2,400
Property Tax Bills Across Henrico, Northampton County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27842 | $91 | $883 | $3,272 | $5,572 | $7,744 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | July 1 |
Links | |
|---|---|
| Northampton Tax Assessor | |
| Website | www.northamptonnctax.com |