New Hanover County Property Taxes

New Hanover County, North Carolina

Effective Tax Rate

0.00%

44.8% above state avg

Median Annual Tax

$0

$173/mo escrow

#23 of 100 counties in North Carolina

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

0.59%

vs. North Carolina Avg44.8% above
vs. National Avg22.9% below

At a Glance

Median Home Value

$353,700

State avg $214,164

Tax w/ Mortgage/yr

$2,093

$174/mo escrow

Tax w/o Mortgage/yr

$2,033

$169/mo

State Tax Rate Rank

#23

of 100 counties (1 = lowest)

Data Story

About Property Taxes in New Hanover County, North Carolina

New Hanover taxes below the nation

New Hanover County's effective tax rate of 0.587% sits well below the national median of 0.957%, putting it in the lower third of U.S. counties. Residents here pay a median of $2,075 annually—about 23% less than the national median of $2,690 despite homes being worth more.

Lower than most North Carolina counties

New Hanover's 0.587% effective rate ranks among North Carolina's lowest, well below the state average of 0.701%. This favorable position means homeowners keep more of their property values, even as median home prices ($353,700) exceed most of the state.

Competitive with coastal neighbors

New Hanover compares favorably to nearby Pender County (0.696%) and Onslow County (0.652%), offering lower effective rates despite higher home values. Among the region's eight-county cluster, New Hanover ranks among the most tax-friendly.

About $2,075 on median home

On New Hanover's median home value of $353,700, the 0.587% rate translates to roughly $2,075 in annual property taxes. A homeowner with a mortgage typically pays around $2,093, while those without pay approximately $2,033.

Challenge your assessment today

Even in lower-tax counties, many homeowners are overassessed relative to market value. If your property has declined in value or you believe the assessment is inflated, filing an appeal could reduce your tax burden.

How New Hanover County Compares

Median Annual Property Tax

New Hanover County$2,075
North Carolina State Average$1,433
National Average$1,924

New Hanover County

0.59%

Effective rate

North Carolina Avg

0.67%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in New Hanover County, North Carolina?
The effective property tax rate in New Hanover County, North Carolina is 0.59%. This rate is calculated by dividing the median property tax payment by the median home value in the county.
How much are property taxes in New Hanover County?
The median annual property tax payment in New Hanover County is $2,075. Homeowners with a mortgage pay a median of $2,093, while those without a mortgage pay $2,033.
How does New Hanover County compare to the North Carolina average?
New Hanover County's effective tax rate of 0.59% is lower than the North Carolina state average of 0.67%. The median annual property tax in New Hanover County is $2,075, compared to the state average of $1,433.
What is the median home value in New Hanover County, North Carolina?
The median home value in New Hanover County, North Carolina is $353,700, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Is New Hanover County a low property tax area in North Carolina?
Yes — New Hanover County's effective property tax rate of 0.59% is below the North Carolina average of 0.67%. The median annual property tax of $2,075 is also comparable to the state average of $1,433, making it a relatively affordable area for property taxes.
How does New Hanover County rank for property taxes in North Carolina?
New Hanover County ranks #23 out of 100 counties in North Carolina by effective property tax rate (1 = lowest). With a rate of 0.59% and median annual tax of $2,075, it falls in the lower third of counties statewide.

Counties with Similar Tax Rates

Nearby Counties

Other Counties in North Carolina

Data updated: March 2026

Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.