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Updated 2025 Tax Year

Hyde County
Property Tax Guide

Everything you need to know about property taxes in Hyde County, NC. Rates, due dates, exemptions, and how it affects your monthly payment.

10 Official Sources
8 min read
Quick Facts
Tax Rate
$0.92 per $100 assessed value (may vary by special districts like fire districts)
1st Due
Sep 1
Exemptions
5+ Available
Section 1

How Property Tax Works

Hyde County, North Carolina operates on a property tax system that serves as the primary funding source for essential county services including schools, public safety, infrastructure maintenance, and general government operations. The county assesses property taxes based on the assessed value of real estate and personal property, with the current tax rate set at 92 cents per $100 of assessed valuation for the fiscal year 2025-2026.

Property owners in Hyde County should be aware that actual tax rates may vary depending on their specific location within the county due to special taxing districts, such as fire districts or municipal service districts, which may impose additional assessments. The county follows North Carolina's standard practice of reassessing properties periodically to ensure fair market valuations, and property owners have the right to appeal their assessments through the formal appeals process.

Section 2

What Makes Up Your Tax Bill

ComponentRate per $100Description
County General Fund$0.92Base county levy for FY 2025-2026
Special Fire DistrictsVariesAdditional assessment for fire protection services (varies by district)
Municipal Service DistrictsVariesAdditional services in specific areas (if applicable)
Total Effective Rate$0.92+Base rate plus any applicable district assessments

Note: The base rate of 92 cents per $100 valuation applies countywide for fiscal year 2025-2026. Properties located within special taxing districts may be subject to additional assessments. Contact the Hyde County Tax Office for district-specific rates in your area.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Hyde County, property taxes are due in two installments:

First Installment
Sep 1
Delinquent after Dec 10
Pro tip: If you pay through mortgage escrow, your lender splits these payments across your monthly mortgage. If you pay directly, set calendar reminders to avoid late penalties.
Section 4

Supplemental Tax Bills

Supplemental taxes in Hyde County are triggered by significant changes to property ownership or improvements that occur after the annual assessment date. Common triggers include property transfers to new owners, completion of new construction, additions or major improvements to existing structures, and changes in property use classification.

When a supplemental assessment is issued, the additional tax is calculated by applying the current tax rate to the increase in assessed value, prorated for the remaining months in the fiscal year. For example, if a $50,000 home addition is completed in January and the assessed value increases by $45,000, the supplemental tax would be calculated as: $45,000 ÷ 100 × $0.92 × (remaining months ÷ 12). Property owners typically receive supplemental tax bills within 30-60 days of the triggering event.

Example Calculation

Example 1: $300,000 Home

  • Assessed Value: $300,000
  • Applicable Credits: None applied
  • Net Taxable Value: $300,000
  • Annual Tax: $300,000 ÷ 100 × $0.92 = $2,760
  • Monthly Escrow: $230

Example 2: $600,000 Home (with Elderly/Disabled Credit)

  • Assessed Value: $600,000
  • Elderly/Disabled Credit Applied: -$50,000 (example, requires application)
  • Net Taxable Value: $550,000
  • Annual Tax: $550,000 ÷ 100 × $0.92 = $5,060
  • Monthly Escrow: $422

Example 3: $1,000,000 Home

  • Assessed Value: $1,000,000
  • Applicable Credits: None applied
  • Net Taxable Value: $1,000,000
  • Annual Tax: $1,000,000 ÷ 100 × $0.92 = $9,200
  • Monthly Escrow: $767

Note: Tax credits require separate applications and approval. Contact Hyde County Tax Office for current credit amounts and eligibility requirements.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Hyde County require borrowers to maintain an escrow account for property tax payments, particularly for loans with less than 20% down payment. Lenders collect monthly escrow payments along with your mortgage payment and remit annual property tax payments directly to Hyde County on your behalf. The monthly escrow amount is calculated by dividing your annual property tax bill by 12, plus a small cushion as allowed by federal regulations.

Property owners are responsible for ensuring their lender has current tax information and makes timely payments. You should receive an annual escrow statement showing the account activity and any adjustments needed for the coming year. If your property taxes increase due to reassessment or rate changes, your monthly escrow payment will be adjusted accordingly. Property owners who pay off their mortgage or qualify for escrow waiver must arrange to make direct payments to Hyde County by the September 1 deadline.

How HonestCasa Helps
  • Understand whether your escrow is set correctly
  • See how rising taxes will change your monthly payment
  • Plan ahead instead of being surprised by "shortage" letters
Section 6

Frequently Asked Questions

Q: When are property taxes due in Hyde County? A: Property taxes are due September 1 each year. This is also the lien date, meaning penalties begin accruing on any unpaid balances after this date.

Q: What tax credits are available and how do I apply? A: Hyde County offers elderly and disabled tax credits for qualifying property owners. These credits reduce your tax bill but require annual application with the County Tax Office. Contact them directly for current eligibility requirements, credit amounts, and application deadlines.

Q: How does the homestead credit work in North Carolina? A: North Carolina's homestead exclusion limits annual assessment increases for qualifying elderly or disabled homeowners. This credit caps the growth in assessed value, not the market value, and requires application approval. It must be renewed periodically.

Q: How often does Hyde County reassess properties? A: Hyde County follows North Carolina's revaluation schedule, typically conducting county-wide reassessments every 4-8 years. Property owners receive notice of new assessments and have the right to appeal during the designated appeal period.

Q: What are the penalties for late payment? A: Interest and penalties accrue on unpaid property taxes beginning September 2. Contact the Hyde County Tax Office for current penalty rates and payment options for delinquent accounts.

Q: Can I pay my property taxes online? A: Contact the Hyde County Tax Office directly for information about online payment options and accepted payment methods, as these services may vary.

Q: What if I live in a special taxing district? A: Properties in fire districts or other special taxing districts pay additional assessments beyond the base 92-cent rate. Your tax bill will show all applicable district taxes separately.

Q: How do I appeal my property assessment? A: Assessment appeals must be filed during the designated appeal period following reassessment notices. Contact the Hyde County Tax Office for appeal forms, deadlines, and procedures specific to the current tax year.

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