Roseboro, North Carolina Property Taxes
The median property tax rate in Roseboro, NC is 0.91%, 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 Roseboro at $75,883, the typical annual property tax bill reaches $623, which is significantly below the national median of $2,690. Property taxes in Roseboro are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Roseboro'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 Roseboro 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
Roseboro, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.91%
Estimate Property Tax Bill
$691
Ownwell’s Roseboro Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Roseboro with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Roseboro 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 Roseboro, North Carolina
Property taxes in Roseboro, North Carolina, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Roseboro is 0.91%, which is below the U.S. national median of 0.99%. Local government entities within Roseboro set these rates annually, and they can vary significantly across different neighborhoods. Each year, Roseboro 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 Roseboro's effective property tax rate to other counties in North Carolina and the national median. For comparison, the 28382 zip code has the highest median property tax rate of 0.91%, while the same zip code also has the lowest median tax rate of 0.91%. Understanding how these cities compare with Roseboro provides valuable insights into the varying tax landscape across Sampson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Roseboro Tax Rate
0.91%
Average Sampson County Tax Rate
0.92%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Roseboro, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28382 | 0.59% | 0.83% | 0.91% | 0.91% | 0.92% |
Source: Ownwell
Property Tax Assessment Values Across Roseboro, North Carolina
In Roseboro, 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 Sampson 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 Roseboro, 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. The median home price in Roseboro is $75,883, with tax bills ranging from $351 at the 25th percentile to $1,653 at the 90th percentile. The highest and lowest median tax bill in the area is $623, both found in the 28382 zip code. 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 Roseboro helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Roseboro, North Carolina
Source: Ownwell
$57,254
$195,731
$334,207
Average Roseboro Assessed Value
$75,883
Average Sampson County Assessed Value
$85,659
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Roseboro, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28382 | $26,193 | $44,513 | $75,883 | $130,482 | $202,449 |
Source: Ownwell
Property Tax Bills Across Roseboro, North Carolina
In Roseboro, located in Sampson County, NC, property tax bills are calculated based on the assessed value of a home. The median home price in Roseboro is $75,883, which serves as a basis for determining the tax bill. The local tax rate is applied to the assessed value to compute the annual property tax obligation. For instance, homeowners in the 25th percentile can expect a tax bill around $351, while those in the 75th percentile might pay approximately $1,080. The highest tax bills, in the 90th percentile, reach up to $1,653. Several factors influence these calculations, including the property's assessed value, local tax rates, and any applicable exemptions. These tax bills significantly impact homeowners by contributing to their annual expenses. Compared to the national median property tax rate of 0.99%, Roseboro's rates can be seen as relatively moderate, providing some relief to homeowners in the area. This balance ensures that property taxes remain manageable while still supporting local infrastructure and services.
Average Roseboro Tax Bill
$623
Average Sampson County Tax Bill
$790
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Roseboro, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28382 | $210 | $351 | $623 | $1,080 | $1,653 |
Source: Ownwell