Autryville, North Carolina Property Taxes
The median property tax rate in Autryville, NC is 1.20%, considerably higher than both the national median of 0.99% and the North Carolina state median of 0.82%. With the median home value in Autryville, the typical annual property tax bill reaches $934, which is below the national median of $2,690. Property taxes in Autryville are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Autryville'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 Autryville 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
Autryville, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.2%
Estimate Property Tax Bill
$977
Ownwell’s Autryville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Autryville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Autryville 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 Autryville, North Carolina
Property taxes in Autryville, North Carolina, are essential in funding vital local services such as public schools, road maintenance, and emergency services. The median tax rate in Autryville is 1.20%, significantly higher than both the North Carolina state median and the U.S. national median of 0.99%. Local government entities within Autryville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Autryville 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 Autryville's effective property tax rate to other counties in North Carolina and the national median. For comparison, the 28318 zip code has both the highest and lowest median property tax rate of 1.20%. Understanding how these cities compare with Autryville provides valuable insights into the varying tax landscape across Cumberland County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Autryville Tax Rate
1.20%
Average Cumberland County Tax Rate
1.48%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Autryville, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28318 | 0.91% | 1.07% | 1.20% | 1.36% | 1.60% |
Source: Ownwell
Property Tax Assessment Values Across Autryville, North Carolina
In Autryville, 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 Cumberland 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 Autryville, 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 Autryville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in the area is $81,387, with the tax bills ranging from $505 at the 25th percentile to $2,386 at the 90th percentile. The highest and lowest median tax bills are both $934 in the 28318 zip code.
Property Tax Assessment Values Across Autryville, North Carolina
Source: Ownwell
$22,900
$86,172
$149,444
Average Autryville Assessed Value
$81,387
Average Cumberland County Assessed Value
$115,098
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Autryville, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28318 | $14,239 | $40,431 | $81,387 | $137,870 | $232,894 |
Source: Ownwell
Property Tax Bills Across Autryville, North Carolina
In Autryville, located in Cumberland County, NC, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor and reflects the market value of the property. Homeowners in Autryville see varying tax bills depending on their property's assessed value and specific exemptions they might qualify for. For example, the median home price in Autryville is $81,387. Property tax bills can range significantly, with the 25th percentile bill at $505, the 75th percentile at $1,591, and the 90th percentile reaching $2,386. These figures illustrate how property values and tax rates directly impact the amount homeowners owe annually. Comparatively, the national median property tax rate is 0.99%, making Autryville's property taxes relatively moderate. Understanding these factors helps homeowners anticipate their annual tax obligations and plan their finances accordingly. The highest and lowest median tax bills in the area are both $934, highlighting a degree of consistency within the region.
Average Autryville Tax Bill
$934
Average Cumberland County Tax Bill
$1,668
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Autryville, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28318 | $226 | $505 | $934 | $1,591 | $2,386 |
Source: Ownwell