Ayden, North Carolina Property Taxes
The median property tax rate in Ayden, NC is 0.97%, slightly below the national median of 0.99% but above the North Carolina state median of 0.82%. With the median home value in Ayden at $95,315, the typical annual property tax bill is approximately $871, which is significantly lower than the national median of $2,690. Property taxes in Ayden are calculated based on the tax assessed value, which is often less than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Ayden'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 Ayden or another part of Greene County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Ayden, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.97%
Estimate Property Tax Bill
$925
Ownwell’s Ayden Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ayden with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ayden 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 Ayden, North Carolina
Property taxes in Ayden, North Carolina, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Ayden is 0.97%, just below the U.S. national median of 0.99%. Local government entities within Ayden set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ayden 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 Ayden's effective property tax rate to other areas in Greene County and the national median. For comparison, the zip code 28513 has the highest median property tax rate of 0.97%, while the same zip code also has the lowest median tax rate of 0.97%. Understanding how these areas compare with Ayden provides valuable insights into the varying tax landscape across Greene County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ayden Tax Rate
0.97%
Average Greene County Tax Rate
0.97%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ayden, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28513 | 0.51% | 0.93% | 0.97% | 1.02% | 1.08% |
Source: Ownwell
Property Tax Assessment Values Across Ayden, North Carolina
In Ayden, 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 Greene 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 Ayden, 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 Ayden helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code with the highest and lowest median tax bills is 28513, both at $871.
Average Ayden Assessed Value
$95,315
Average Greene County Assessed Value
$87,680
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ayden, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28513 | $40,115 | $61,885 | $95,315 | $135,730 | $227,090 |
Source: Ownwell
Property Tax Bills Across Ayden, North Carolina
In Ayden, located in Greene County, NC, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local tax assessor and reflects the market value of the property. Homeowners in Ayden can expect their property tax bill to vary depending on the value of their home and the local tax rate. For instance, with a median home price of $95,315, property tax bills in Ayden range from the 25th percentile at $582 to the 75th percentile at $1,261. At the 90th percentile, homeowners might see tax bills as high as $1,862. This variability in property tax bills means that homeowners with higher-valued properties will pay more in taxes, while those with lower-valued homes will pay less. Comparatively, the national median property tax rate is 0.99%, making Ayden's property tax rates competitive. Understanding these factors helps homeowners anticipate their annual tax obligations and plan their finances accordingly.
Average Ayden Tax Bill
$871
Average Greene County Tax Bill
$818
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Ayden, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28513 | $391 | $582 | $871 | $1,261 | $1,862 |
Source: Ownwell