Robbins, North Carolina Property Taxes
The median property tax rate in Robbins, NC is 0.68%, noticeably lower than both the national median of 0.99% and the North Carolina state median of 0.82%. With a median home value in Robbins, the typical annual property tax bill amounts to $2,297, which is below the national median of $2,690. Property taxes in Robbins are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as primary residence and agricultural exemptions. Understanding Robbins' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Robbins 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
Robbins, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.68%
Estimate Property Tax Bill
$2,436
Ownwell’s Robbins Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Robbins with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Robbins 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 Robbins, North Carolina
Property taxes in Robbins, North Carolina, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Robbins is 0.68%, which is lower than the U.S. national median of 0.99%. Local government entities within Robbins set these rates annually, and they can vary significantly across different neighborhoods. Each year, Robbins 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 Robbins' effective property tax rate to other areas in North Carolina and the national median. For comparison, the zip code 27325 has both the highest and lowest median property tax rate of 0.68%. Understanding how these cities compare with Robbins provides valuable insights into the varying tax landscape across Chatham County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Robbins Tax Rate
0.68%
Average Chatham County Tax Rate
0.85%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Robbins, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27325 | 0.58% | 0.61% | 0.68% | 0.74% | 0.78% |
Source: Ownwell
Property Tax Assessment Values Across Robbins, North Carolina
In Robbins, 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 Chatham 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 Robbins, 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 Robbins helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 27325, amounting to $2,297, which is consistent across the region.
Average Robbins Assessed Value
$358,208
Average Chatham County Assessed Value
$323,510
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Robbins, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27325 | $278,471 | $308,373 | $358,208 | $408,044 | $437,946 |
Source: Ownwell
Property Tax Bills Across Robbins, North Carolina
In Robbins, located in Chatham County, NC, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the county assessor and reflects the market value of the property. The tax rate is then applied to this assessed value to calculate the tax bill. Various factors such as property size, location, and improvements can influence the assessed value. For homeowners in Robbins, the median home price is $358,208, and the property tax rate in Chatham County aligns closely with the national median property tax rate of 0.99%. Homeowners can expect a tax bill ranging from $2,183 at the 25th percentile to $2,479 at the 90th percentile. The highest and lowest median tax bills in the area are both $2,297, indicating a relatively stable tax environment. Understanding these calculations helps homeowners anticipate their annual tax obligations and plan their finances accordingly. Accurate assessments and fair tax rates ensure that property taxes are distributed equitably among residents, contributing to community services and infrastructure.
Average Robbins Tax Bill
$2,297
Average Chatham County Tax Bill
$2,675
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Robbins, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27325 | $2,114 | $2,183 | $2,297 | $2,410 | $2,479 |
Source: Ownwell