Marietta, North Carolina Property Taxes
The median property tax rate in Marietta, NC is 0.87%, 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 Marietta at $61,450, the typical annual property tax bill amounts to $535, which is significantly below the national median of $2,690. Property taxes in Marietta are determined based on the tax assessed value, which often falls below the market value because of various exemptions, such as those for primary residences and agricultural properties. Gaining a thorough understanding of Marietta'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 Marietta or elsewhere in Robeson County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Marietta, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.87%
Estimate Property Tax Bill
$535
Ownwell’s Marietta Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Marietta with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Marietta 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 Marietta, North Carolina
Property taxes in Marietta, 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 Marietta stands at 0.87%, which is lower than the U.S. national median of 0.99%. Local government entities within Marietta set these rates annually, and they can vary significantly across different neighborhoods. Each year, Marietta 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 Marietta's effective property tax rate to other counties in North Carolina and the national median. For comparison, the zip code 28362 has the highest median property tax rate of 0.87%, while the same zip code also has the lowest median tax rate of 0.87%. Understanding how these areas compare with Marietta provides valuable insights into the varying tax landscape across Robeson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Marietta Tax Rate
0.87%
Average Robeson County Tax Rate
0.87%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Marietta, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
28362 | 0.87% | 0.87% | 0.87% | 0.87% | 0.87% |
Source: Ownwell
Property Tax Assessment Values Across Marietta, North Carolina
In Marietta, 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 local 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. Assessment notices in Marietta 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 Marietta helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 28362, with a value of $535.
Property Tax Assessment Values Across Marietta, North Carolina
Source: Ownwell
$59,500
$102,600
$145,700
Average Marietta Assessed Value
$61,450
Average Robeson County Assessed Value
$69,800
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Marietta, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
28362 | $53,970 | $56,775 | $61,450 | $66,125 | $68,930 |
Source: Ownwell
Property Tax Bills Across Marietta, North Carolina
In Marietta, located in Robeson County, NC, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the market value of the property, which is determined by the county's tax assessor. Various factors such as location, property size, and recent sales of similar homes in the area influence the assessed value. Homeowners in Marietta face property tax bills that can vary significantly. For instance, the 25th percentile tax bill is around $494, while the 75th percentile tax bill reaches approximately $575. The 90th percentile tax bill is about $600. These figures indicate that while some homeowners may pay lower amounts, others might face higher tax bills depending on their property's assessed value. Compared to the national median property tax rate of 0.99%, Marietta's property tax bills are relatively moderate, making it an appealing location for homeowners looking for manageable tax expenses.
Average Marietta Tax Bill
$535
Average Robeson County Tax Bill
$623
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Marietta, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
28362 | $470 | $494 | $535 | $575 | $600 |
Source: Ownwell