Example of Onslow County Property Tax Calculation
One can calculate their Onslow County property tax by first determining the assessed value of their property. This value is determined by the county assessor's office and is based on factors such as the size of the property, its location, and any improvements made to it.
Next, one needs to find out the current tax rate for Onslow County. This rate is set by the county government and can vary depending on the location within the county and the type of property.
To calculate the property tax, the assessed value is multiplied by the tax rate. For example, if the assessed value of a property is $100,000 and the tax rate is 0.60%, the property tax would be $600 (100,000 x 0.006).
It's important to note that some properties may also have additional taxes, such as special assessments or fees, that need to be factored in. Additionally, property tax rates can change from year to year, so it's important to stay informed of any updates or changes.
If you want appeal your property tax assessment - contact your local tax assessor.
Onslow County Property Tax Rates
The Onslow County Property Tax rates are:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| County | $0.6830 |
| Fire | $0.0080 |
| School | $1.0900 |
| City of Jacksonville | $0.4850 |
Note: These rates are for the fiscal year 2021-2022 and are subject to change. It is recommended to check with the local tax authority for updated information.
Who sets property tax rates in Onslow County ?
In Onslow County, property tax rates are set by the Onslow County Board of Commissioners. They are responsible for establishing the tax rate each year during the budgeting process. The tax rate is typically adopted in June or July and applied to the assessed value of the property. The tax revenue generated from property taxes is used to fund various county services and programs, such as public schools, law enforcement, and road maintenance. Property owners in Onslow County can find their specific tax rate by accessing the county's property tax database online.
Homestead exemptions in Onslow County ?
In Onslow County, North Carolina, there are various Homestead exemptions and deductions available. Here are the details for each of them:
Homestead Exemptions
The following are the Homestead exemptions available in Onslow County:
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| Basic Homestead | All homeowners | Up to $35,000 | Available to all homeowners on their primary residence |
| Elderly/Disabled | Homeowners over 65 or disabled | Up to $25,000 | Available to homeowners over the age of 65 or those with a disability |
| Veterans | Honorably discharged veterans | Up to $45,000 | Available to all honorably discharged veterans |
Deductions
The following are the deductions available in Onslow County:
| Deduction | Eligibility | Amount | Notes |
|---|---|---|---|
| Disabled Veteran | Honorably discharged veterans with a disability | Up to $45,000 | Available to honorably discharged veterans with a disability |
| Disabled Veteran's Surviving Spouse | Surviving spouse of a disabled veteran | Up to $45,000 | Available to surviving spouses of disabled veterans |
| Fireman/Rescue Squad Member | Firemen and rescue squad members | Up to $10,000 | Available to firemen and rescue squad members |
| Religious Property | Religious organizations | Full value | Available to religious organizations for property used for religious purposes |
| Municipal Property | Municipalities | Full value | Available to municipalities for property used for public purposes |
It's important to note that these exemptions and deductions may change over time, so it's always best to check with the county or a tax professional for the most up-to-date information.
When is Onslow County Property Tax due ?
Onslow County Property Tax is typically due on September 1st every year. However, taxpayers are given until January 6th of the following year to pay their taxes without incurring any penalty fees.
There are several payment methods available for taxpayers to use, including:
| Payment Method | Details |
|---|---|
| Online | Taxpayers can pay their property taxes online using the Onslow County Tax Office website. Accepted methods of payment include electronic check and credit/debit card (with a convenience fee). |
| By mail | Taxpayers can also mail their payment to the Onslow County Tax Office. Payments must be postmarked by January 6th to avoid penalty fees. |
| In person | Taxpayers can make payments in person at the Onslow County Tax Office located in the Government Center in Jacksonville, NC. Accepted methods of payment include cash, check, and credit/debit card (with a convenience fee). |
It's important for taxpayers to remember that failure to pay property taxes on time can result in penalty fees and interest charges. Therefore, it's recommended that taxpayers make their payments before the January 6th deadline to avoid these additional fees.
If you have more questions - contact your local tax collector.
How is Onslow County Property Tax penalty calculated ?
Onslow County Property Tax Penalty Calculation
When a property owner in Onslow County fails to pay their property tax on time, they may be subject to penalties. The property tax penalty is calculated as a percentage of the unpaid tax amount, added each month until the tax is paid in full.
The Onslow County Tax Collector's office adds a 10% penalty to the unpaid tax amount on the first day after the payment deadline. From there, an additional 0.75% is added to the unpaid tax amount every month until the tax is paid in full.
Here's an example:
Let's say a property owner in Onslow County has a property tax bill of $2,000 due on September 1st, but fails to pay on time. On September 2nd, a 10% penalty would be added to the unpaid amount, bringing the total to $2,200. If the tax still remains unpaid on October 1st, an additional 0.75% penalty would be added, amounting to $2,216.50. This process continues each month until the tax is paid in full.
It is important for property owners to pay their property taxes on time to avoid these penalties. The Onslow County Tax Collector's office provides several payment options, including online payments, mailed payments, and in-person payments at their office.
We recommend contacting the Onslow County Tax Office or a local tax professional for the most up-to-date and accurate information.