Stonewall, Pamlico County, North Carolina Property Taxes
Median STONEWALL, NC effective property tax rate: 0.78%, significantly lower than the national median of 1.02%, but lower than the NC state median of 0.82%.
Median STONEWALL, NC home value: $77,662
Median annual STONEWALL, NC tax bill: $593, $1,807 lower than the national median property tax bill of $2,400.
How are property taxes in Pamlico calculated?
Property taxes in STONEWALL, 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 STONEWALL’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in STONEWALL, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Stonewall, Pamlico County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.8%
Estimate Property Tax Bill
$675
$626
Property Tax Rates Across Stonewall, Pamlico County, North Carolina
Local government entities determine tax rates, which can differ significantly within a state. This variation arises because each county calculates its necessary budget for services annually and divides it by the total assessed value of all taxable property in its area. This process establishes the property tax rate. While votes and legislation play roles in determining tax rates and budgets, this is essentially the yearly procedure.
In Stonewall, located in Pamlico County, North Carolina, the effective property tax rate is 0.78%, which aligns with the highest and lowest median tax rates in the state. This rate is notably lower than the national median property tax rate of 1.02%. Comparatively, the median property tax bill in North Carolina is $1,209, which is significantly less than the national median property tax bill of $2,400. These figures highlight the relatively lower property tax burden in Stonewall compared to other regions in the United States. Understanding these differences can aid property owners in making informed decisions about where to invest or relocate, providing a financial edge in managing property expenses.
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 Stonewall Tax Rate
0.80%
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 Pamlico County Tax Rate
0.71%
Median Effective North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Stonewall, Pamlico County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28583 | 0.79% | 0.79% | 0.80% | 0.80% | 0.80% |
Source: Ownwell
Property Tax Assessment Values Across Stonewall, Pamlico County, North Carolina
When examining property taxes in Stonewall, 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 Pamlico 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.
Assessment notices: In Pamlico 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 Stonewall. For example, the median home price in Stonewall is $77,662, with tax bills ranging significantly across the county. Zip code 28583 has the highest median home price at $77,662.
Property Tax Assessment Values Across Stonewall, Pamlico County, North Carolina
Source: Ownwell
$53,718
$140,313
$226,908
Median Stonewall Market Value
$84,342
Median Pamlico County Market Value
$147,817
Median North Carolina Market Value
$221,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Stonewall, Pamlico County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28583 | $18,009 | $55,833 | $84,342 | $146,338 | $245,295 |
Source: Ownwell
Property Tax Bills Across Stonewall, Pamlico County, North Carolina
Median Stonewall Tax Bill
$647
Median Pamlico County Tax Bill
$1,091
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$2,400
Property Tax Bills Across Stonewall, Pamlico County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28583 | $143 | $420 | $647 | $1,169 | $1,777 |
Source: Ownwell