Rate Breakdown

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

How Property Tax Works in Perquimans County

In Perquimans County, property taxes are determined by two primary factors: the assessed value of your real estate and the combined tax rate (often referred to as the millage rate) set by the County Board of Commissioners and local municipalities. Every eight years, the county conducts a general reappraisal to ensure all properties are valued at their current market rate. The assessed value is calculated based on this appraisal, and your annual tax liability is derived by multiplying this value by the current tax rate per $100 of valuation.

The revenue generated from these taxes is essential for funding public services, including the Perquimans County School System, law enforcement, emergency medical services, and local infrastructure maintenance. Property owners receive an annual tax bill that reflects these local obligations.

Available Exemptions

North Carolina offers several property tax relief programs designed to assist specific groups of homeowners in reducing their tax burden. Eligibility is generally determined by income, age, or disability status. Available programs include:

• Elderly or Disabled Exclusion: Provides a reduction in the appraised value of a permanent residence for homeowners who are at least 65 years of age or are totally and permanently disabled, provided they meet specific annual income limits.
• Disabled Veterans Exclusion: Offers a significant reduction in property tax for honorably discharged veterans who have a total and permanent service-connected disability, or for the unmarried surviving spouse of such a veteran.
• Circuit Breaker Tax Deferment: Allows eligible seniors and disabled individuals to defer a portion of their property taxes if their tax bill exceeds a certain percentage of their income.

Payment Schedule & Deadlines

Property taxes in Perquimans County are due annually. Tax bills are typically mailed in the summer, and the official due date is September 1st. To avoid penalties, payment must be received or postmarked by January 5th of the following year. If January 5th falls on a weekend, the deadline is extended to the next business day.

Failure to pay by the deadline results in the accrual of interest, which begins on January 6th at a rate established by North Carolina state law. Continued delinquency may result in enforced collection measures, including the garnishment of wages, attachment of bank accounts, or, in extreme cases, the sale of the property via tax foreclosure.

Appealing Your Assessment

If you believe the assessed value of your property does not accurately reflect its fair market value, you have the right to appeal. The process begins with an informal review by the Perquimans County Tax Assessor’s office. If you remain dissatisfied with the results, you may file a formal appeal with the Perquimans County Board of Equalization and Review. During this process, it is your responsibility to provide evidence, such as recent appraisals, photographs, or comparable sales data, to support your claim that the valuation is incorrect.