Currie, North Carolina Property Taxes
The median property tax rate in Currie, NC is 0.85%, slightly higher than the state median of 0.82% but below the national median of 0.99%. With a median home value of $55,055, the typical annual property tax bill in Currie amounts to $413, significantly lower than the national median of $2,690. Property taxes in Currie are calculated based on the tax assessed value, which often falls below the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Currie'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 Currie or another part of Bladen County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Currie, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.85%
Estimate Property Tax Bill
$468
Ownwell’s Currie Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Currie with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Currie 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 Currie, North Carolina
Property taxes in Currie, 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 Currie is 0.85%, which is lower than the U.S. national median of 0.99%. Local government entities within Currie set these rates annually, and they can vary significantly across different neighborhoods. Each year, Currie 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 Currie's effective property tax rate to other areas in North Carolina and the national median. For comparison, the zip code 28435 has the highest median property tax rate of 0.85%, while the same zip code also has the lowest median tax rate of 0.85%. Understanding how these areas compare with Currie provides valuable insights into the varying tax landscape across Bladen County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Currie Tax Rate
0.85%
Average Bladen County Tax Rate
0.84%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Currie, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28435 | 0.81% | 0.81% | 0.85% | 0.86% | 0.86% |
Source: Ownwell
Property Tax Assessment Values Across Currie, North Carolina
In Currie, 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 Bladen 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 Currie, 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 Currie helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Currie are both $413, found in the zip code 28435.
Average Currie Assessed Value
$55,055
Average Bladen County Assessed Value
$73,187
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Currie, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28435 | $15,114 | $23,402 | $55,055 | $120,535 | $233,567 |
Source: Ownwell
Property Tax Bills Across Currie, North Carolina
In Currie, located in Bladen County, NC, property tax bills are calculated based on the assessed value of a property, which is determined by local assessors. The median home price in Currie is $55,055. Property taxes are then derived by applying the local tax rate to this assessed value. For instance, the tax bill for the 25th percentile of properties is $179, while for the 75th percentile, it is $893. At the 90th percentile, homeowners can expect a tax bill of $1,885. The highest and lowest median tax bills in Currie are both $413, indicating a relatively uniform tax rate across different properties. These tax rates are essential for funding local services such as schools, public safety, and infrastructure. Compared to the national median property tax rate of 0.99%, Currie's tax rates provide a clear picture of the local tax burden. Homeowners in Currie must budget for these annual expenses, which can significantly impact their financial planning and overall cost of homeownership.
Average Currie Tax Bill
$413
Average Bladen County Tax Bill
$591
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Currie, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28435 | $114 | $179 | $413 | $893 | $1,885 |
Source: Ownwell