Linden, North Carolina Property Taxes
The median property tax rate in Linden, NC is 0.75%, which is notably lower than both the national median of 0.99% and the North Carolina state median of 0.82%. With a median home value of $190,179 in Linden, the typical annual property tax bill amounts to $1,384, falling below the national median of $2,690. Property taxes in Linden are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Linden'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 Linden 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
Linden, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.75%
Estimate Property Tax Bill
$1,426
Ownwell’s Linden Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Linden with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Linden 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 Linden, North Carolina
Property taxes in Linden, North Carolina, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Linden is 0.75%, which is lower than both the North Carolina state median and the U.S. national median of 0.99%. Local government entities within Linden set these rates annually, and they can vary significantly across different neighborhoods. Each year, Linden 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 Linden's effective property tax rate to other counties in North Carolina and the national median. For comparison, the 28356 zip code has the highest median property tax rate of 0.75%, while the 28356 zip code also has the lowest median tax rate of 0.75%. Understanding how these cities compare with Linden provides valuable insights into the varying tax landscape across Harnett County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Linden Tax Rate
0.75%
Average Harnett County Tax Rate
0.75%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Linden, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28356 | 0.61% | 0.73% | 0.75% | 0.77% | 0.79% |
Source: Ownwell
Property Tax Assessment Values Across Linden, North Carolina
In Linden, 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 Harnett 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 Linden, 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 Linden helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 28356, both at $1,384.
Average Linden Assessed Value
$190,179
Average Harnett County Assessed Value
$199,846
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Linden, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28356 | $85,508 | $126,913 | $190,179 | $241,585 | $289,688 |
Source: Ownwell
Property Tax Bills Across Linden, North Carolina
In Linden, property tax bills are calculated based on the assessed value of a home and the local tax rate set by Harnett County. The assessed value is determined by the county assessor and is meant to reflect the market value of the property. Once the assessed value is established, it is multiplied by the local tax rate to calculate the annual property tax bill. For example, with a median home price of $190,179, homeowners in Linden can expect varying tax bills depending on their property's assessed value. At the 25th percentile, the tax bill is around $947, while at the 75th percentile, it rises to approximately $1,761. The 90th percentile sees tax bills reaching up to $2,054. These property taxes are essential for funding local services such as schools, public safety, and infrastructure. Compared to the national median property tax rate of 0.99%, Linden's property tax rates play a significant role in the overall cost of homeownership, directly impacting homeowners' annual expenses.
Average Linden Tax Bill
$1,384
Average Harnett County Tax Bill
$1,570
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Linden, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28356 | $616 | $947 | $1,384 | $1,761 | $2,054 |
Source: Ownwell