Rowland, North Carolina Property Taxes
The median property tax rate in Rowland, NC is 0.92%, 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 Rowland at $61,850, the typical annual property tax bill amounts to $596, which is significantly less than the national median of $2,690. Property taxes in Rowland are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Rowland'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 Rowland 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
Rowland, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.92%
Estimate Property Tax Bill
$569
Ownwell’s Rowland Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Rowland with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Rowland 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 Rowland, North Carolina
Property taxes in Rowland, North Carolina, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Rowland is 0.92%, slightly lower than the U.S. national median of 0.99%. Local government entities within Rowland set these rates annually, and they can vary significantly across different neighborhoods. Each year, Rowland 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 Rowland's effective property tax rate to other counties in North Carolina and the national median. For comparison, the 28383 zip code has the highest median property tax rate of 0.92%, while the same zip code also has the lowest median tax rate of 0.92%. Understanding how these cities compare with Rowland 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 Rowland Tax Rate
0.92%
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 Rowland, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
28383 | 0.87% | 0.87% | 0.92% | 0.92% | 1.56% |
Source: Ownwell
Property Tax Assessment Values Across Rowland, North Carolina
In Rowland, 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 Robeson 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 Rowland, 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 Rowland helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in Rowland are both $596, found in the zip code 28383.
Average Rowland Assessed Value
$61,850
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 Rowland, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
28383 | $26,500 | $40,500 | $61,850 | $89,900 | $136,610 |
Source: Ownwell
Property Tax Bills Across Rowland, North Carolina
In Rowland, located in Robeson County, NC, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The median home price in Rowland is $61,850. The property tax rate in this area is applied to the assessed value to determine the annual tax bill. Factors such as property improvements, market conditions, and neighborhood trends can influence this assessed value, thereby affecting the homeowner’s tax bill. For homeowners in Rowland, the property tax bill can vary significantly. The 25th percentile tax bill is $390, indicating that a quarter of homeowners pay less than this amount annually. Conversely, the 75th percentile tax bill is $916, showing that another quarter pays more than this amount. At the 90th percentile, the tax bill reaches $1,363. These variations highlight the impact of property value assessments on tax obligations. Compared to the national median property tax rate of 0.99%, Rowland's tax bills reflect the local economic conditions and property values, influencing how much homeowners ultimately pay.
Average Rowland Tax Bill
$596
Average Robeson County Tax Bill
$623
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Rowland, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
28383 | $259 | $390 | $596 | $916 | $1,363 |
Source: Ownwell