Rate Breakdown

Property taxes in Currituck County are calculated by multiplying the assessed value (minus exemptions) by the total local millage rate.

How Property Tax Works in Currituck County

Property taxes in Currituck County are based on the "ad valorem" system, meaning taxes are levied according to the assessed value of the property. The process begins with the Tax Assessor's office determining the fair market value of your real estate and personal property. This value is then multiplied by the local tax rate, expressed as a millage rate or a percentage of the value.

In North Carolina, a "mill" represents one-tenth of a cent. To calculate your tax bill, the county applies the specific rate set by the Board of Commissioners. It is important to note that your total tax bill typically includes both the Currituck County tax rate and the specific tax rate of the municipality (such as a town or city) where the property is located.

Available Exemptions

North Carolina offers several tax relief programs to reduce the taxable value of a primary residence. To qualify, the property must be the owner's permanent legal residence.

• Homestead Exemptions: While North Carolina does not have a universal flat homestead exemption, specific reductions are available for qualifying individuals.
• Senior Citizen Exemptions: Eligible seniors may apply for a reduction in property taxes based on age and income requirements.
• Disability Exemptions: Individuals with a total and permanent disability may qualify for a significant reduction or exemption from certain property taxes.
• Veteran Exemptions: Specific tax relief is available for disabled veterans, depending on the percentage of disability as rated by the VA.

Payment Schedule & Deadlines

Property tax bills in Currituck County are typically mailed annually in the late summer or early fall. To avoid penalties, taxpayers must adhere to the following guidelines:

• Due Date: Taxes are generally due by September 1st and are considered delinquent after that date.
• Installments: While most payments are made annually, some taxpayers may arrange specific payment plans through the Tax Collector's office.
• Late Consequences: Payments made after the deadline are subject to interest charges and penalties. Continued delinquency may eventually lead to the sale of the property via a tax foreclosure.

Appealing Your Assessment

If you believe your property has been overvalued, you have the right to appeal the assessment. The appeal process must be initiated within a specific window—usually shortly after the notice of value is mailed.

To begin an appeal, you must file a formal petition with the Currituck County Board of Equalization. You will be required to provide evidence to support your claim, such as a recent independent appraisal or a list of comparable properties in your neighborhood that have sold for less than your assessed value. The board will then review the evidence and determine if an adjustment to the valuation is warranted.