Hamptonville, Wilkes County, North Carolina Property Taxes
Median HAMPTONVILLE, NC effective property tax rate: 0.70%, significantly lower than the national median of 1.02%, but lower than the North Carolina state median of 0.82%.
Median HAMPTONVILLE, NC home value: $110,690
Median annual HAMPTONVILLE, NC tax bill: $726, $1,674 lower than the national median property tax bill of $2,400.
How are property taxes in Wilkes County calculated?
Property taxes in HAMPTONVILLE, 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 HAMPTONVILLE’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in HAMPTONVILLE, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Hamptonville, Wilkes County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.42%
Estimate Property Tax Bill
$1,602
$1,487
Property Tax Rates Across Hamptonville, Wilkes County, North Carolina
Local government entities set tax rates, which can vary widely within a state. Each year, Wilkes 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 Hamptonville, located in North Carolina, the effective property tax rate is 0.70%. This rate is notably lower than the national median property tax rate of 1.02%. The median property tax rate for North Carolina is also 0.70%, making Hamptonville's rate consistent with the state average. This can make Hamptonville an attractive option for property owners looking for lower tax burdens.
By comparing Hamptonville’s effective property tax rate to other cities in North Carolina and the median property tax rates in the state and the U.S., it becomes clear that property owners in Hamptonville benefit from a favorable tax environment.
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 Hamptonville Tax Rate
1.42%
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 Wilkes County Tax Rate
1.54%
Median Effective North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Hamptonville, Wilkes County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27020 | 1.42% | 1.42% | 1.42% | 1.57% | 2.63% |
Source: Ownwell
Property Tax Assessment Values Across Hamptonville, Wilkes County, North Carolina
When examining property taxes in Hamptonville, 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 Wilkes 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: Wilkes County sends out assessment notices in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Hamptonville.
For example, the median home price in Hamptonville is $110,690, with tax bills ranging significantly across the county. Zip code 27020 has the highest median home price at $110,690.
Property Tax Assessment Values Across Hamptonville, Wilkes County, North Carolina
Source: Ownwell
$92,630
$157,918
$223,205
Median Hamptonville Market Value
$112,840
Median Wilkes County Market Value
$108,980
Median North Carolina Market Value
$221,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Hamptonville, Wilkes County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27020 | $54,554 | $72,700 | $112,840 | $177,825 | $242,874 |
Source: Ownwell
Property Tax Bills Across Hamptonville, Wilkes County, North Carolina
In Hamptonville, located in Wilkes County, NC, property tax bills are calculated by multiplying the assessed value of a property by the local tax rate. The assessed value is determined by the county assessor and is typically a percentage of the property's market value. For homeowners in Hamptonville, the median property tax bill is notably lower than the national median, providing a financial relief in comparison to other parts of the country. However, tax bills can vary significantly depending on the property's assessed value, with the 25th percentile tax bill at $478 and the 90th percentile reaching $1568.
Homeowners in Hamptonville may find their property tax bills to be a significant expense, particularly if their property's assessed value is high. Ownwell assists homeowners by offering property tax appeal and exemption services, potentially reducing their tax burden. By analyzing local market trends and property assessments, Ownwell identifies opportunities for savings, helping homeowners secure lower tax bills and ensuring they only pay their fair share.
Property Tax Bills Across Hamptonville, Wilkes County, North Carolina
Source: Ownwell
$1,473
$2,240
$3,006
Median Hamptonville Tax Bill
$1,736
Median Wilkes County Tax Bill
$1,837
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$2,400
Property Tax Bills Across Hamptonville, Wilkes County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27020 | $792 | $1,106 | $1,736 | $2,944 | $4,136 |
Source: Ownwell