Bladenboro, North Carolina Property Taxes
The median property tax rate in Bladenboro, NC is 0.84%, slightly higher than the North Carolina state median of 0.82% but below the national median of 0.99%. With a median home value of $69,676 in Bladenboro, the typical annual property tax bill is $559, significantly less than the national median of $2,690. Property taxes in Bladenboro are calculated based on the tax assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Bladenboro'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 Bladenboro 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
Bladenboro, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.84%
Estimate Property Tax Bill
$585
Ownwell’s Bladenboro Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bladenboro with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bladenboro 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 Bladenboro, North Carolina
Property taxes in Bladenboro, 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 Bladenboro is 0.84%, which is lower than the U.S. national median of 0.99%. Local government entities within Bladenboro set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bladenboro 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 Bladenboro's effective property tax rate to other counties in North Carolina and the national median. For comparison, the 28320 zip code has both the highest and lowest median property tax rate of 0.84%. Understanding how these cities compare with Bladenboro provides valuable insights into the varying tax landscape across Bladen County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bladenboro Tax Rate
0.84%
Average Bladen County Tax Rate
0.84%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bladenboro, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28320 | 0.72% | 0.79% | 0.84% | 0.84% | 0.88% |
Source: Ownwell
Property Tax Assessment Values Across Bladenboro, North Carolina
In Bladenboro, 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 Bladen 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. In Bladenboro, 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 Bladenboro helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Bladenboro is $69,676, with median tax bills ranging from $197 at the 25th percentile to $1,506 at the 90th percentile. The zip code 28320 has both the highest and lowest median tax bill at $559.
Property Tax Assessment Values Across Bladenboro, North Carolina
Source: Ownwell
$41,082
$97,728
$154,373
Average Bladenboro Assessed Value
$69,676
Average Bladen County Assessed Value
$73,187
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bladenboro, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28320 | $10,258 | $26,983 | $69,676 | $115,565 | $187,490 |
Source: Ownwell
Property Tax Bills Across Bladenboro, North Carolina
In Bladenboro, Bladen County, NC, property tax bills are determined by assessing the value of a property and applying the local tax rate. The assessed value is a percentage of the property's market value, which is calculated based on factors like location, property size, and home features. Homeowners in Bladenboro typically see a median home price of $69,676. The property tax rate in Bladenboro is designed to be equitable, ensuring that each homeowner pays a fair share based on their property's assessed value. For instance, the 25th percentile tax bill is around $197, while the 75th percentile tax bill reaches approximately $944. At the higher end, the 90th percentile tax bill can go up to $1,506. With the national median property tax rate at 0.99%, Bladenboro homeowners experience a varied range of tax bills. The highest and lowest median tax bills in the area both stand at $559, indicating a consistent approach to property tax assessments within the zip code 28320. This system ensures that property taxes are distributed fairly, reflecting the value and features of each property.
Average Bladenboro Tax Bill
$559
Average Bladen County Tax Bill
$591
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Bladenboro, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28320 | $78 | $197 | $559 | $944 | $1,506 |
Source: Ownwell