Pembroke Pines, North Carolina Property Taxes
The median property tax rate in Pembroke Pines, NC is 0.40%, significantly lower than both the national median of 0.99% and the North Carolina state median of 0.82%. With the median home value in Pembroke Pines, the typical annual property tax bill is $60, well below the national median of $2,690. Property taxes in Pembroke Pines 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 Pembroke Pines' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Pembroke Pines 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
Pembroke Pines, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.4%
Estimate Property Tax Bill
$60
Ownwell’s Pembroke Pines Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pembroke Pines with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pembroke Pines 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 Pembroke Pines, North Carolina
Property taxes in Pembroke Pines, 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 Pembroke Pines is 0.80%, which is significantly higher than the North Carolina state median of 0.70% but still below the U.S. national median of 0.99%. Local government entities within Pembroke Pines set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pembroke Pines 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 Pembroke Pines' effective property tax rate to other counties in North Carolina and the national median. For comparison, the 27501 zip code has the highest median property tax rate of 1.15%, while the 27502 zip code has the lowest median tax rate of 0.55%. Understanding how these areas compare with Pembroke Pines provides valuable insights into the varying tax landscape across Avery County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pembroke Pines Tax Rate
0.40%
Average Avery County Tax Rate
0.40%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pembroke Pines, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33028 | 0.40% | 0.40% | 0.40% | 0.40% | 0.40% |
Source: Ownwell
Property Tax Assessment Values Across Pembroke Pines, North Carolina
In Pembroke Pines, 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 Avery 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 Pembroke Pines, 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 Pembroke Pines helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Pembroke Pines, North Carolina
Source: Ownwell
$1,500
$3,074,950
$6,148,400
Average Pembroke Pines Assessed Value
$15,000
Average Avery County Assessed Value
$135,500
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pembroke Pines, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33028 | $15,000 | $15,000 | $15,000 | $15,000 | $15,000 |
Source: Ownwell
Property Tax Bills Across Pembroke Pines, North Carolina
In Pembroke Pines, located in Avery County, NC, property tax bills are calculated based on the assessed value of your home. The assessed value is determined by the local tax assessor and reflects the market value of the property. With a median home price of $15,000, the property tax rate is a critical factor. The national median property tax rate is 0.99%, but local rates can vary significantly. For homeowners in Pembroke Pines, the tax bill is relatively straightforward, with the 25th, 75th, and 90th percentiles all paying around $60. This consistency suggests a stable tax environment, making it easier for homeowners to budget for their annual expenses. The assessed value, combined with the local tax rate, determines the final tax bill. This system ensures that property taxes are proportionate to the value of the home, thereby maintaining fairness and equity among homeowners. Understanding these factors can help homeowners better anticipate their annual property tax obligations.
Average Pembroke Pines Tax Bill
$60
Average Avery County Tax Bill
$540
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Pembroke Pines, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33028 | $60 | $60 | $60 | $60 | $60 |
Source: Ownwell