Battleboro, North Carolina Property Taxes
The median property tax rate in Battleboro, NC is 0.95%, 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 Battleboro at $66,136, the typical annual property tax bill amounts to $667, which is significantly below the national median of $2,690. Property taxes in Battleboro are calculated based on the tax assessed value, which is often less than the market value due to exemptions like primary residence and agricultural exemptions. Understanding Battleboro's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Battleboro or another part of Edgecombe County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Battleboro, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.95%
Estimate Property Tax Bill
$628
Ownwell’s Battleboro Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Battleboro with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Battleboro 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 Battleboro, North Carolina
Property taxes in Battleboro, 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 Battleboro is 0.95%, which is slightly below the U.S. national median of 0.99%. Local government entities within Battleboro set these rates annually, and they can vary significantly across different neighborhoods. Each year, Battleboro 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 Battleboro's effective property tax rate to other counties in North Carolina and the national median. For comparison, the 27809 zip code has the highest median property tax rate of 0.95%, while the same zip code also has the lowest median tax rate of 0.95%. Understanding how these cities compare with Battleboro provides valuable insights into the varying tax landscape across Edgecombe County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Battleboro Tax Rate
0.95%
Average Edgecombe County Tax Rate
0.95%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Battleboro, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27809 | 0.82% | 0.95% | 0.95% | 1.19% | 1.27% |
Source: Ownwell
Property Tax Assessment Values Across Battleboro, North Carolina
In Battleboro, 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 Edgecombe 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 Battleboro, 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 Battleboro helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Battleboro both stand at $667, with the zip code 27809 reflecting this amount.
Property Tax Assessment Values Across Battleboro, North Carolina
Source: Ownwell
$54,253
$70,164
$86,074
Average Battleboro Assessed Value
$66,136
Average Edgecombe County Assessed Value
$68,521
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Battleboro, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27809 | $22,816 | $51,328 | $66,136 | $87,314 | $113,922 |
Source: Ownwell
Property Tax Bills Across Battleboro, North Carolina
In Battleboro, Edgecombe County, NC, property tax bills are calculated based on the assessed value of a property, which is determined by the local tax assessor. The assessed value is a percentage of the property's market value. Homeowners in Battleboro can expect tax bills that vary significantly depending on their property's value. For instance, the median home price in the area is $66,136. Property tax bills in the 25th percentile are around $437, while those in the 75th percentile reach approximately $945. The 90th percentile tax bill can go up to $1,216. These tax bills are influenced by multiple factors, including the property's assessed value and the local tax rate set by the county. When compared to the national median property tax rate of 0.99%, homeowners in Battleboro may find their property tax rates to be relatively moderate. Understanding these factors helps homeowners anticipate their annual tax obligations and plan their finances accordingly.
Average Battleboro Tax Bill
$667
Average Edgecombe County Tax Bill
$709
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Battleboro, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27809 | $230 | $437 | $667 | $945 | $1,216 |
Source: Ownwell