Martin County, North Carolina Property Taxes
Census Bureau ACS property tax data for North Carolina. Population: 6,411.
The median annual property tax in Martin County is $1,176, which is 18% lower than the North Carolina state average and 39% below the national average. The effective tax rate is 1.07% on a median home value of $109,900. Property taxes represent 2.5% of the median household income in this county.
Median Annual Tax
$1,176
-18% vs State
-39% vs US
Median Home Value
$109,900
-49% vs State
-48% vs US
Effective Tax Rate
1.07%
+53% vs State
+13% vs US
With vs Without Mortgage
With Mortgage
$1,361
$113/mo
Without Mortgage
$1,022
$85/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $1,176 +3.5% | 1.07% |
| 2022 | $1,136 +13.5% | 1.15% |
| 2021 | $1,001 +0.2% | 1.11% |
| 2020 | $999 -5.8% | 1.16% |
| 2019 | $1,061 | 1.15% |
Tax Burden
Tax-to-Income Ratio
2.5%
of median household income
Median Income
$46,793
per year
Monthly Tax
$98
per month
Other Counties in North Carolina
Stokes County
Tax: $1,158/yr Rate: 0.62%
Swain County
Tax: $844/yr Rate: 0.40%
Alleghany County
Tax: $1,202/yr Rate: 0.60%
Tyrrell County
Tax: $1,233/yr Rate: 0.89%
Franklin County
Tax: $1,732/yr Rate: 0.72%
Ashe County
Tax: $1,136/yr Rate: 0.51%
Frequently Asked Questions
What is the average property tax in Martin County, North Carolina? ▼
The median annual property tax in Martin County is $1,176 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 1.07% on a median home value of $109,900.
How does Martin County property tax compare to the national average? ▼
Property taxes in Martin County are 39% below the national average of $1,923. The effective rate of 1.07% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Martin County? ▼
In Martin County, homeowners with a mortgage pay a median of $1,361 in annual property taxes, while homeowners without a mortgage pay $1,022. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Martin County? ▼
Property taxes in Martin County represent approximately 2.5% of the median household income of $46,793. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.