What are Real Estate Taxes for Wilmington NC & Carolina Beach?

 

Wilmington nc and carolina beach real estate taxes

 

 

 

 

 

 

 

 
 

 

 

 

 

 
 

 

 

Wilmington nc real estate taxes | Carolina & Kure Beach

One of the most common questions I get is what are the taxes for the Carolina Beach, Wilmington, Kure Beach and Wrightsville Beach.  So many folks moving here from the northeast are paying $1000/month in RE taxes.  Here they pay $100/month.  So they’re impressed by some lower monthly costs as they retire or look for jobs in the area.  The key is knowing where the city limit boundaries are as that can reduce one’s taxes by 30%.  When you’re talking about such low taxes in the first place a 30% difference is not dramatic.  But down below are some sample tax calculations based on the tax map boundaries.

 

Real estate taxes map boundaries for New Hanover County Wilmington

ddd

wilmington tax boundaries new hanover county

 

 

 

 

 

 

 
 

 

 
 

 

 

 

 

 
 

 

 
 

 

 

Sample New Hanover County Tax Rates

So let’s take a $350,000 home in the Hoggard High school district.

Hoggard high school real estate taxes

 

 

 

 

 

 

$350,000/100 = 3500

3500 x .554 (new hanover county tax) + 3500 x .45 (city of wilmington tax) = $1939 (new hanover) + $1575 (city of Wilmington) = $3514

$3514/12 = $292.83 / month in real estate taxes.

So for a similar priced home outside of the Wilmington NC city limits the monthly cost would be $1939 (new hanover county) /12 =  $161.58.

 

Carolina Beach Real Estate Taxes

carolina beach real estate taxes

 

 

 

 

 

$350,000/100 = 3500 x .554 (new hanover county tax) + 3500 x .235 (town of Carolina Beach tax) = $1939 + 822.5 =  $2761.5 / 12 months = $230.13/month

 

And we can’t forget to add the unincorporated fire district tax .079 to the Wilmington homes outside the city limits.  Sorry about that.  3500 x .079 = $276.5 for the year added to the $1939 New Hanover county tax for $2215/12 = $184.58  an extra $20/month whether you burn your house down or not.

[DispletListing listings=”yes” minListPrice=”340″ maxListPrice=”370″ property_type=”House” city=”Carolina Beach”]

Leave a Reply

Your email address will not be published.

Jay Seville

REALTOR ®

One of the nation’s first 2.0 realtors…after hitting the highest levels of achievement at RE/MAX, Jay Seville left and formed his own brokerage in 2007 creating much business that he shared with his agents to help them make a great living. He has been principal broker and team leader of a buyer agent team since 2005.