Property Tax in Dare County
via TaxByCounty
Dare County's taxes nearly match national median
Dare County's effective tax rate of 0.528% sits below the national median of 0.92%, yet homeowners pay $2,245 annually—approaching the national median tax bill of $2,690. This apparent contradiction reflects Dare's notably high median home value of $425,400, among the highest in North Carolina and nationally.
Dare's moderate rate masks high absolute taxes
Dare County's 0.528% effective rate ranks below North Carolina's 0.701% state average, yet its median tax of $2,245 far exceeds the state median of $1,433. The discrepancy reveals Dare's distinctive market: affluent coastal communities where high-value properties generate substantial tax revenue despite moderate rates.
Dare taxes more than neighbors despite lower rate
Though Dare's 0.528% rate sits between Currituck (0.456%) and Craven (0.665%), its median tax bill of $2,245 is the highest in the region—a direct result of premium coastal property values averaging $425,400. Homebuyers choosing Dare should expect significantly higher tax obligations than neighboring counties despite the favorable rate.
What your home costs in property taxes
On Dare's median home value of $425,400, the 0.528% rate produces approximately $2,245 in annual property taxes, making it one of the state's highest total bills. Interestingly, Dare shows minimal variation between mortgaged ($2,244) and non-mortgaged ($2,245) properties, suggesting stable assessment practices.
High-value homes warrant careful assessment review
With such substantial tax bills, even a small percentage correction in an overvalued assessment can save hundreds annually in Dare County. Waterfront and oceanfront properties especially warrant professional appraisal review before accepting the county's valuation—the savings justify the effort.