Aulander, North Carolina Property Taxes
The median property tax rate in Aulander, NC is 1.15%, 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 Aulander at $63,398, the typical annual property tax bill reaches $764, which is still below the national median of $2,690. Property taxes in Aulander 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 Aulander'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 Aulander 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
Aulander, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.15%
Estimate Property Tax Bill
$729
Ownwell’s Aulander Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Aulander with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Aulander 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 Aulander, North Carolina
Property taxes in Aulander, 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 Aulander is 1.15%, higher than both the North Carolina state median and the U.S. national median of 0.99%. Local government entities within Aulander set these rates annually, and they can vary significantly across different neighborhoods. Each year, Aulander 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 Aulander's effective property tax rate to other counties in North Carolina and the national median. For comparison, the 27805 zip code has the highest median property tax rate of 1.15%, while the same 27805 zip code also has the lowest median tax rate of 1.15%. Understanding how these cities compare with Aulander provides valuable insights into the varying tax landscape across Hertford County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Aulander Tax Rate
1.15%
Average Hertford County Tax Rate
1.29%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Aulander, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27805 | 0.84% | 0.94% | 1.15% | 1.32% | 1.70% |
Source: Ownwell
Property Tax Assessment Values Across Aulander, North Carolina
In Aulander, 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 Hertford 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 Aulander, 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 Aulander helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Aulander is $63,398, with tax bills ranging from $475 at the 25th percentile to $1,482 at the 90th percentile. The zip code with the highest and lowest median tax bill is 27805, with a median tax bill of $764.
Average Aulander Assessed Value
$63,398
Average Hertford County Assessed Value
$63,714
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Aulander, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27805 | $15,498 | $31,421 | $63,398 | $93,110 | $151,264 |
Source: Ownwell
Property Tax Bills Across Aulander, North Carolina
In Aulander, located in Hertford County, NC, property tax bills are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county assessor and reflects the market value of the property. Once the assessed value is established, it is multiplied by the local tax rate to determine the annual property tax bill. For homeowners in Aulander, the median home price is $63,398. Property tax bills can vary significantly, with the 25th percentile at $475 and the 75th percentile reaching $1,012. At the 90th percentile, homeowners may see tax bills as high as $1,482. The highest and lowest median tax bills in the area are both recorded at $764 in the 27805 zip code. Comparatively, the national median property tax rate is 0.99%, which helps put these figures into perspective for homeowners considering the financial impact of property taxes in Aulander.
Average Aulander Tax Bill
$764
Average Hertford County Tax Bill
$793
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Aulander, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27805 | $153 | $475 | $764 | $1,012 | $1,482 |
Source: Ownwell