Pleasant Hill, North Carolina Property Taxes
The median property tax rate in Pleasant Hill, NC is 1.04%, higher than both the national median of 0.99% and the North Carolina state median of 0.82%. With a median home value of $62,276 in Pleasant Hill, the typical annual property tax bill is $714, surpassing the national median of $2,690. Property taxes in Pleasant Hill 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 Pleasant Hill'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 Pleasant Hill or another part of Northampton County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pleasant Hill, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.04%
Estimate Property Tax Bill
$648
Ownwell’s Pleasant Hill Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pleasant Hill with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pleasant Hill 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 Pleasant Hill, North Carolina
Property taxes in Pleasant Hill, 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 Pleasant Hill is 1.04%, higher than both the North Carolina state median and the U.S. national median of 0.99%. Local government entities within Pleasant Hill set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pleasant Hill 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 Pleasant Hill's effective property tax rate to other regions in North Carolina and the national median. For comparison, the 27866 zip code has the highest median property tax rate of 1.04%, while it also has the lowest median tax rate of 1.04%. Understanding how these areas compare with Pleasant Hill provides valuable insights into the varying tax landscape across Northampton County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pleasant Hill Tax Rate
1.04%
Average Northampton County Tax Rate
1.04%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pleasant Hill, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27866 | 0.83% | 0.91% | 1.04% | 1.23% | 1.77% |
Source: Ownwell
Property Tax Assessment Values Across Pleasant Hill, North Carolina
In Pleasant Hill, 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 Northampton 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 Pleasant Hill, 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 Pleasant Hill helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Pleasant Hill is $62,276, with median annual tax bills ranging from $340 at the 25th percentile to $1,799 at the 90th percentile. The zip code with both the highest and lowest median tax bill is 27866, with a median tax bill of $714.
Property Tax Assessment Values Across Pleasant Hill, North Carolina
Source: Ownwell
$13,345
$187,955
$362,565
Average Pleasant Hill Assessed Value
$62,276
Average Northampton County Assessed Value
$67,893
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pleasant Hill, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27866 | $9,410 | $23,144 | $62,276 | $103,382 | $180,557 |
Source: Ownwell
Property Tax Bills Across Pleasant Hill, North Carolina
In Pleasant Hill, NC, property tax bills are calculated based on the assessed value of a home, which is determined by the Northampton County tax assessor. The assessed value is a percentage of the market value, and the tax rate is applied to this assessed value to determine the annual tax bill. Factors such as the location, size, and condition of the property can influence its assessed value. Homeowners in Pleasant Hill experience a range of property tax bills. For example, the 25th percentile tax bill is $340, while the 75th percentile reaches $1,088. At the 90th percentile, tax bills can be as high as $1,799. These figures show a significant variance in tax obligations, reflecting differences in property values within the area. Compared to the national median property tax rate of 0.99%, homeowners in Pleasant Hill face diverse tax bills due to varying property assessments. Understanding these factors helps homeowners anticipate their tax liabilities and manage their finances accordingly.
Average Pleasant Hill Tax Bill
$714
Average Northampton County Tax Bill
$808
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Pleasant Hill, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27866 | $108 | $340 | $714 | $1,088 | $1,799 |
Source: Ownwell