Walstonburg, Pitt County, North Carolina Property Taxes
Median Walstonburg, NC effective property tax rate: 0.92%, significantly lower than the national median of 1.02%, but higher than the North Carolina state median of 0.82%. Median Walstonburg, NC home value: $98,648. Median annual Walstonburg, NC tax bill: $849, $1,551 lower than the national median property tax bill of $2,400.
How are property taxes in Pitt County calculated?
Property taxes in Walstonburg, 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 Walstonburg’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Walstonburg, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Walstonburg, Pitt County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.79%
Estimate Property Tax Bill
$1,186
$1,100
Property Tax Rates Across Walstonburg, Pitt County, North Carolina
Local government entities are responsible for setting tax rates, resulting in significant variations within a state. This process involves each county estimating its budgetary needs for services and dividing that by the total value of all taxable property within its jurisdiction, leading to the property tax rate. While votes and legislation play a role in determining tax rates and budgets, this encapsulates the annual procedure.
In Walstonburg, located in Pitt County, the effective property tax rate is a reflection of this process. The median property tax rate in North Carolina is 0.92%, which is lower than the national median of 1.02%. This makes North Carolina an attractive option for homeowners seeking lower property tax rates. Walstonburg's rate aligns with the state's median, providing residents with a favorable tax environment compared to other areas in the country.
Comparing Walstonburg’s effective property tax rate with other cities in North Carolina helps homeowners understand their position within the broader tax landscape, offering insights into potential savings and financial planning.
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 Walstonburg Tax Rate
0.79%
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 Pitt County Tax Rate
0.98%
Median Effective North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Walstonburg, Pitt County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27888 | 0.65% | 0.75% | 0.79% | 0.85% | 0.86% |
Source: Ownwell
Property Tax Assessment Values Across Walstonburg, Pitt County, North Carolina
When examining property taxes in Walstonburg, 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 Pitt 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 Pitt 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 Walstonburg.
For example, the median home price in Walstonburg is $98,648, with tax bills ranging significantly across the county. Zip code 27888 has the highest median home price at $98,648.
Property Tax Assessment Values Across Walstonburg, Pitt County, North Carolina
Source: Ownwell
$80,452
$178,641
$276,829
Median Walstonburg Market Value
$150,081
Median Pitt County Market Value
$210,056
Median North Carolina Market Value
$221,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Walstonburg, Pitt County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27888 | $89,252 | $95,063 | $150,081 | $205,113 | $343,808 |
Source: Ownwell
Property Tax Bills Across Walstonburg, Pitt County, North Carolina
In Walstonburg, Pitt County, NC, property tax bills are calculated based on the assessed value of a property. The local tax rate is applied to this assessed value to determine the annual tax bill. With a median home price of $98,648, the property tax bill can vary significantly. For instance, homeowners in the 25th percentile face a tax bill of $656, while those in the 75th percentile pay around $1,214. This variation reflects differences in property values and the tax rate applied. Compared to the national median property tax bill of $2,400, Walstonburg's tax bills are generally lower, offering potential savings for homeowners.
Homeowners in Walstonburg can benefit from Ownwell's expertise in property tax appeals and exemptions. By analyzing local property data and identifying potential discrepancies in assessed values, Ownwell can help ensure homeowners are not overpaying on their property taxes. This service can lead to substantial savings, especially for those who find themselves in higher tax brackets. With Ownwell's assistance, homeowners can confidently navigate the complexities of property tax assessments and secure the most favorable tax outcome possible.
Median Walstonburg Tax Bill
$1,095
Median Pitt County Tax Bill
$1,844
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$2,400
Property Tax Bills Across Walstonburg, Pitt County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27888 | $758 | $812 | $1,095 | $1,539 | $2,389 |
Source: Ownwell