Total Taxable Value

All of the oceanfront municipalities experienced significant property value increases in the mid-2000s, followed by significant value decreases in the past few years. The impact on all of the communities was similar, and each of the communities conducted a tax revaluation at different times in the 2000s. To account for differences in the revaluation year, the NC Local Government Commission (in the State Treasurer's Office) calculates the adjusted taxable value based on market conditions in that particular county each year. The data below is from Fiscal Year 2009 to 2010, the most recent year of data available. As noted, Emerald Isle has the largest adjusted taxable value of all 21 oceanfront municipalities.

Total Taxable Value - Adjusted for Market Conditions: North Carolina Oceanfront Towns
Fiscal Year 2009 to 2010

Source: NC Treasurer's Website

RankMunicipalityAdjusted Tax Value
1Emerald Isle$3,816,324,431
2Oak Island$3,771,441,450
3Wrightsville Beach$3,166,733,514
4Nags Head$2,743,096,814
5Carolina Beach$2,363,905,834
6Kill Devil Hills$2,352,152,467
7Ocean Isle Beach$2,337,203,197
8Sunset Beach$2,230,080,637
9Atlantic Beach$2,032,199,870
10Holden Beach$1,952,800,798
12Bald Head Island$1,752,789,852
13Surf City$1,664,772,598
14North Topsail Beach$1,563,019,528
15Southern Shores$1,560,029,772
16Kitty Hawk$1,280,242,772
17Pine Knoll Shores$1,228,291,596
18Kure Beach$1,128,124,830
19Topsail Beach$616,672,012
20Indian Beach$524,489,859
21Caswell Beach$381,766,023