New Hanover County, North Carolina Property Taxes
Census Bureau ACS property tax data for North Carolina. Population: 62,143.
The median annual property tax in New Hanover County is $2,075, which is 45% higher than the North Carolina state average and 8% above the national average. The effective tax rate is 0.59% on a median home value of $353,700. Property taxes represent 2.8% of the median household income in this county.
Median Annual Tax
$2,075
+45% vs State
+8% vs US
Median Home Value
$353,700
+65% vs State
+67% vs US
Effective Tax Rate
0.59%
-16% vs State
-38% vs US
With vs Without Mortgage
With Mortgage
$2,093
$174/mo
Without Mortgage
$2,033
$169/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $2,075 +4.0% | 0.59% |
| 2022 | $1,996 +10.2% | 0.62% |
| 2021 | $1,812 +3.4% | 0.65% |
| 2020 | $1,753 +2.2% | 0.68% |
| 2019 | $1,716 | 0.70% |
Tax Burden
Tax-to-Income Ratio
2.8%
of median household income
Median Income
$72,892
per year
Monthly Tax
$173
per month
Other Counties in North Carolina
Perquimans County
Tax: $1,316/yr Rate: 0.62%
Forsyth County
Tax: $1,934/yr Rate: 0.85%
Iredell County
Tax: $1,843/yr Rate: 0.63%
Cleveland County
Tax: $1,240/yr Rate: 0.69%
Avery County
Tax: $966/yr Rate: 0.41%
Lee County
Tax: $1,707/yr Rate: 0.80%
Frequently Asked Questions
What is the average property tax in New Hanover County, North Carolina? ▼
The median annual property tax in New Hanover County is $2,075 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.59% on a median home value of $353,700.
How does New Hanover County property tax compare to the national average? ▼
Property taxes in New Hanover County are 8% above the national average of $1,923. The effective rate of 0.59% compares to 0.95% nationally.
Does having a mortgage affect property taxes in New Hanover County? ▼
In New Hanover County, homeowners with a mortgage pay a median of $2,093 in annual property taxes, while homeowners without a mortgage pay $2,033. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in New Hanover County? ▼
Property taxes in New Hanover County represent approximately 2.8% of the median household income of $72,892. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.