Arizona vs North Carolina
Property‑Tax Comparison: Arizona vs. North Carolina
Short introduction
Both Arizona and North Carolina levy property taxes at rates that fall below the national average. According to the U.S. Census Bureau's 2023 American Community Survey (5‑year estimates), Arizona’s effective property‑tax rate is 0.52 % while North Carolina’s is 0.70 %. The difference in rates translates into lower annual tax payments for comparable home values in Arizona.
Side‑by‑side key metrics
| Metric | Arizona | North Carolina |
|---|---|---|
| Effective property‑tax rate | 0.52 % | 0.70 % |
| Median home value | $358,900 | $259,400 |
| Median annual property tax | $1,858 | $1,815 |
| Property tax on a $250,000 home | $1,294 | $1,749 |
| Property tax on a $500,000 home | $2,589 | $3,499 |
| Median household income | $76,872 | $69,904 |
Source: According to the U.S. Census Bureau's 2023 American Community Survey (5‑year estimates).
Who wins on property tax?
Arizona wins on the basis of a lower effective property‑tax rate.
- Rate difference: 0.18 % (Arizona is 26.01 % lower than North Carolina).
- Annual tax difference for a $250k home: $455 less in Arizona.
- Annual tax difference for a $500k home: $910 less in Arizona.
Because the tax rate is the primary driver of the amount owed, homeowners with similar‑valued properties would pay less each year in Arizona than in North Carolina.
Which audience benefits most from this comparison?
| Audience | Relevance of the comparison |
|---|---|
| Current or prospective homeowners | Directly see how the tax burden varies for typical home values ($250k‑$500k) and can factor this into purchase decisions. |
| Retirees | Property‑tax level affects fixed‑income budgeting; a lower rate may reduce annual living expenses. |
| Real‑estate investors | Understanding tax differentials helps evaluate cash‑flow projections for rental or resale properties. |
| Financial planners | Provides concrete data for advising clients on state‑level tax exposure. |
The data are factual and state‑level; they do not account for local variations (e.g., city or county millage rates) or exemptions that may apply to specific groups.
Further reading
- Detailed information on Arizona’s property‑tax system: Arizona property tax
- Detailed information on North Carolina’s property‑tax system: North Carolina property tax
Based on the most recent ACS estimates, Arizona’s lower effective property‑tax rate results in a smaller annual tax obligation for comparable home values when measured against North Carolina.
Explore More Comparisons
Discover how property taxes compare across all states in our comprehensive comparison guide.
Data Source
All figures are drawn from the U.S. Census Bureau's 2023 American Community Survey (5‑year estimates). This comprehensive dataset provides reliable, standardized property tax information across all states.