New Hanover County, North Carolina property tax
The median homeowner in New Hanover County, North Carolina pays $2,075 a year in property tax on a home worth $353,700, an effective rate of 0.59%. The national effective rate is 0.98%.
What the rate means here
At 0.59%, New Hanover County taxes property more lightly than the national 0.98%. Rate and bill part company here. The percentage is below national, the house is worth $353,700, and the bill lands at $2,075 anyway.
It ranks #75 of 98 North Carolina counties by effective rate, against a statewide 0.70%, and #2,111 nationally. The state runs from 1.21% in Northampton County down to 0.37% in Jackson County.
The median home costs 4.85 times the median household income of $72,892, against 3.86 nationally, so housing absorbs an unusually large share of what people here earn. Renters pay 22.11% of median income in gross rent. The county has 231,214 residents, which is small enough that the medians describe a reasonably coherent market.
The rate is derived rather than quoted. How and why.
What that costs at different home values
Arithmetic at the county effective rate, before any exemption or assessment cap.
Housing and income
| New Hanover County | North Carolina | United States | |
|---|---|---|---|
| Effective property tax | 0.59% | 0.70% | 0.98% |
| Median tax bill | $2,075 | $1,815 | $2,969 |
| Median home value | $353,700 | $259,400 | $303,400 |
| Median gross rent | $1,343 | $1,162 | $1,348 |
| Median household income | $72,892 | $69,904 | $78,538 |
| Home price to income | 4.85× | 3.71× | 3.86× |
| Rent as share of income | 22.11% | 19.95% | 20.6% |
| Owner-occupied | 60.7% | 66.37% | 65.02% |
Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 231,214.
Nearby counties of similar size
| County | Rate | Median bill | Home value |
|---|---|---|---|
| Cabarrus County | 0.76% | $2,429 | $318,600 |
| Gaston County | 0.80% | $1,872 | $235,000 |
| Johnston County | 0.69% | $1,840 | $267,600 |
| Union County | 0.61% | $2,298 | $374,400 |
| Onslow County | 0.65% | $1,431 | $219,500 |
New Hanover County property tax: common questions
What is the property tax rate in New Hanover County, North Carolina?
The effective rate is 0.59% of home value, from a median tax bill of $2,075 against a median home value of $353,700. That is 0.39 points below the national 0.98%.
How much is property tax on a $400,000 home in New Hanover County?
Roughly $2,360 a year at the county effective rate of 0.59%.
Is New Hanover County expensive compared with the rest of North Carolina?
It ranks #75 of 98 North Carolina counties by effective property tax rate, and #2111 of 2,826 nationally. That is 0.11 points below the North Carolina average of 0.70%.
What does housing cost in New Hanover County?
The median home is worth $353,700 and median gross rent is $1,343 a month. Median household income is $72,892, which puts the home at 4.85 times annual income and rent at 22.11% of it.