Windsor, North Carolina Property Taxes
The median property tax rate in Windsor, NC is 0.90%, slightly lower than the national median of 0.99% but higher than the North Carolina state median of 0.82%. With the median home value in Windsor, the typical annual property tax bill reaches $489, significantly below the national median of $2,690. Property taxes in Windsor are calculated based on the assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Windsor's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Windsor or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Windsor, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.9%
Estimate Property Tax Bill
$507
Ownwell’s Windsor Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Windsor with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Windsor to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Windsor, North Carolina
Property taxes in Windsor, North Carolina, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Windsor is 0.90%, which is slightly below the U.S. national median of 0.99%. Local government entities within Windsor set these rates annually, and they can vary significantly across different neighborhoods. Each year, Windsor estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Windsor's effective property tax rate to other areas in North Carolina and the national median. For comparison, the 27983 zip code has both the highest and lowest median property tax rate in the region at 0.90%. Understanding how these areas compare with Windsor provides valuable insights into the varying tax landscape across Bertie County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Windsor Tax Rate
0.90%
Average Bertie County Tax Rate
0.90%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Windsor, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27983 | 0.68% | 0.90% | 0.90% | 1.02% | 1.03% |
Source: Ownwell
Property Tax Assessment Values Across Windsor, North Carolina
In Windsor, North Carolina, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Bertie County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Windsor helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Windsor, the median home price is $56,308. The tax bill at the 25th percentile is $290, while at the 75th percentile, it is $780. The 90th percentile tax bill reaches $1,270. The zip code 27983 has both the highest and lowest median tax bill at $489.
Average Windsor Assessed Value
$56,308
Average Bertie County Assessed Value
$56,495
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Windsor, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27983 | $15,516 | $34,681 | $56,308 | $85,332 | $136,599 |
Source: Ownwell
Property Tax Bills Across Windsor, North Carolina
In Windsor, NC, property tax bills are calculated by assessing the value of a homeowner's property and applying the local tax rate. The assessed value is determined based on the market value of the home, which in Windsor has a median home price of $56,308. Once the assessed value is established, the tax rate is applied to calculate the annual tax bill. Several factors influence the tax bill, including property size, location, and any applicable exemptions. Homeowners in Windsor experience a range of tax bills: the 25th percentile tax bill is around $290, while the 75th percentile reaches $780, and the 90th percentile can go up to $1,270. These property taxes significantly impact homeowners by contributing to local services such as schools, infrastructure, and emergency services. Compared to the national median property tax rate of 0.99%, Windsor's property taxes are relatively moderate, providing essential community services while maintaining affordability for residents.
Average Windsor Tax Bill
$489
Average Bertie County Tax Bill
$505
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Windsor, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27983 | $128 | $290 | $489 | $780 | $1,270 |
Source: Ownwell