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County tax profile · 2026 · Census ACS + IRS data

Property Tax & Income in New Hanover County, North Carolina

New Hanover County has an effective property tax rate of 0.54%. On the median home value of $387,800, that's roughly $2,105 per year. Median household income is $75,166.

Effective Property Tax Rate1
0.54%
median tax $2,105 ÷ median home $387,800
Median Home Value1
$387,800
owner-occupied
Median Household Income1
$75,166
per-capita $48,592
Est. Annual Tax on Median Home1
$2,105
at 0.54% effective rate

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.

MetricNew Hanover CountyNorth Carolina (state context)
Effective property tax rate10.54%0.64%
Median home value1$387,800—
State income tax3top rate 3.99%top rate 3.99%
State sales tax37.10% combined7.10% 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 New Hanover County, NC

Someone weighing a move to the Wilmington area will find New Hanover County's property taxes comparatively easy on the wallet. The effective rate sits at 0.543%, under North Carolina's 0.644% median and well below the national figure of 0.794%. That places the county 80th of 100 statewide, so most North Carolina counties actually tax property harder. A median home value of $387,800 produces an annual real-estate tax bill near $2,105. Set against a median household income of $75,166, the yearly tax equals roughly 2.8% of what a household earns. Per-capita income reaches $48,592. Buyers drawn to Wilmington, Carolina Beach, or Castle Hayne should note that the purchase price, not the tax rate, drives the overall cost here — the rate itself works in a buyer's favor.

Frequently asked questions

What is the property tax rate in New Hanover County, NC?
The effective rate is 0.54% — meaning the median tax bill equals about 0.54% of the median home value.
How much are property taxes on a median home?
On the median home ($387,800), the estimated annual bill is about $2,105.
Is New Hanover County's rate high or low?
Compare it to the state median of 0.64% and the national average near 1.1%.
How does the effective rate differ from my mill rate?
A mill rate is the nominal levy per $1,000 of assessed value. The effective rate reflects what you actually pay after exemptions and assessments — it's the median tax bill as a share of median home value, so it better predicts your real cost.
Will a reassessment raise my tax bill?
Not necessarily. If your home's assessed value rises, your bill can go up, but only if the mill rate and exemptions stay flat. Contact the New Hanover County assessor's office to review your current assessment.
Can I appeal my property tax assessment?
Yes. Most counties allow an appeal when you believe the assessed value exceeds the market value. File with the New Hanover County assessor within the local deadline, typically with comparable sales as evidence.
Sources
[1] U.S. Census Bureau — ACS 5-Year (2023) — Median home value (B25077), median real-estate taxes (B25103), median household income (B19013), per-capita income (B19301).
[2] IRS — Statistics of Income — County income, AGI, and real-estate taxes paid.
[3] Tax Foundation — State income, sales, corporate, and estate/inheritance tax rates.