← North Carolina tax rules›Property Tax
North Carolina Property Tax (2026)
Info: Property tax is administered locally: county assessors value your property, and counties and municipalities set their own tax rates, so effective rates vary by location.
General legal information, not legal advice — verify important decisions with a licensed attorney.
Property Tax in states bordering North Carolina
The same rule in each neighboring state LawLert has verified, from that state’s own official source.
- GeorgiaInfo
County-administered: assessed value is 40% of fair market value, minus homestead exemptions (state standard $2,000; many counties offer more), times the local millage rate. DOR worked example: a $100,000 home at 25 mills owes about $950/yr. Bills are typically due Dec 20; assessments are set each Jan 1 at fair market value (OCGA 48-5-6).
Verified Jul 6, 2026 · Source: dor.georgia.gov · Full Georgia rule →
- South CarolinaInfo
South Carolina has no statewide property tax; real and personal property are assessed and collected by local governments (with SCDOR assistance). Assessment ratios are set by law (SC Code 12-43-220): owner-occupied legal residences at 4% of fair market value and other real estate at 6%, with millage set locally. A Homestead Exemption covers the first $50,000 of value for homeowners age 65+, disabled, or blind.
Verified Jul 18, 2026 · Source: dor.sc.gov · Full South Carolina rule →
- TennesseeInfo
Tennessee has no state property tax; the county assessor appraises property, a state-set assessment ratio is applied (residential and farm at 25% of appraised value, commercial/industrial at 40%), and the county commission sets the local tax rate per $100 of assessed value.
Verified Jul 18, 2026 · Source: comptroller.tn.gov · Full Tennessee rule →
- VirginiaInfo
Virginia levies no state tax on real estate - property taxes are local taxes administered by each city, county, and town, and rates differ by locality. Questions about real estate or personal property tax go to your local tax office.
Verified Jul 19, 2026 · Source: tax.virginia.gov · Full Virginia rule →
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