Property Tax & Income in Carteret County, North Carolina
Carteret County has an effective property tax rate of 0.43%. On the median home value of $333,300, that's roughly $1,423 per year. Median household income is $72,322.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Carteret County | North Carolina (state context) |
|---|---|---|
| Effective property tax rate1 | 0.43% | 0.64% |
| Median home value1 | $333,300 | — |
| State income tax3 | top rate 3.99% | top rate 3.99% |
| State sales tax3 | 7.10% combined | 7.10% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Carteret County, NC
Carteret County’s effective property tax rate of 0.427% sits well beneath North Carolina’s statewide median of 0.644%, and it also falls far short of the national median of 0.794%. That gap matters: among the state’s 100 counties, Carteret ranks 94th, placing it near the bottom for property tax rates. A home valued at the county median of $333,300 carries an annual real-estate tax bill of about $1,423 — a direct result of that lower rate. Households here report a median income of $72,322, with per-capita income at $45,736. Communities such as Beaufort, Atlantic Beach, and Atlantic anchor the county, which stretches along North Carolina’s southern coast. The combination of below-average taxation and above-average home values signals that property owners here keep a comparatively larger share of their income compared with many other places statewide and nationally.