Vandemere, Pamlico County, North Carolina Property Taxes
Median Vandemere, NC effective property tax rate: 0.90%, significantly lower than the national median of 1.02%, but higher than the North Carolina state median of 0.82%.
Median Vandemere, NC home value: $75,650
Median annual Vandemere, NC tax bill: $703, $1,697 lower than the national median property tax bill of $2,400.
How are property taxes in Pamlico calculated?
Property taxes in Vandemere, 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 Vandemere’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Vandemere, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Vandemere, Pamlico County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.92%
Estimate Property Tax Bill
$687
$637
Property Tax Rates Across Vandemere, Pamlico County, North Carolina
Local government entities set tax rates, which can vary widely within a state due to differing budgetary needs and property values. Each county estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the annual process in a nutshell.
In Vandemere, located in Pamlico County, property taxes are influenced by these local calculations. The effective property tax rate here can be compared to other cities in North Carolina, as well as the median property tax rates of the state and the U.S. Vandemere's rate aligns closely with the state's median, offering a competitive edge when compared to the national median property tax rate of 1.02%. This comparison highlights the relative affordability of property taxes in Vandemere, making it an attractive location for homeowners seeking lower tax liabilities without compromising on essential services.
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 Vandemere Tax Rate
0.92%
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 Vandemere, Pamlico County, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
28587 | 0.70% | 0.86% | 0.92% | 0.93% | 1.13% |
Source: Ownwell
Property Tax Assessment Values Across Vandemere, Pamlico County, North Carolina
When examining property taxes in Vandemere, 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.
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 Vandemere. For example, the median home price in Vandemere is $75,650, with tax bills ranging significantly across the county. Zip code 28587 has the highest median home price at $75,650.
Property Tax Assessment Values Across Vandemere, Pamlico County, North Carolina
Source: Ownwell
$53,718
$140,313
$226,908
Median Vandemere Market Value
$74,656
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 Vandemere, Pamlico County, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
28587 | $20,032 | $42,799 | $74,656 | $148,463 | $292,982 |
Source: Ownwell
Property Tax Bills Across Vandemere, Pamlico County, North Carolina
Median Vandemere Tax Bill
$707
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 Vandemere, Pamlico County, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
28587 | $196 | $378 | $707 | $1,424 | $2,713 |
Source: Ownwell