Ayden, North Carolina Property Taxes
The median property tax rate in Ayden, NC is 1.12%, which is notably higher than both the national median of 0.99% and the North Carolina state median of 0.82%. With the median home value in Ayden at $97,735, the typical annual property tax bill reaches $1,098, surpassing the national median of $2,690. Property taxes in Ayden 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 Ayden'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 Ayden 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
Ayden, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.12%
Estimate Property Tax Bill
$1,095
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 crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ayden is 1.12%, which is higher than both the North Carolina state median and 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 North Carolina and the national median. For comparison, the zip code 28513 has the highest median property tax rate of 1.12%, while the same zip code 28513 also has the lowest median tax rate of 1.12%. Understanding how these areas compare with Ayden provides valuable insights into the varying tax landscape across Pitt County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ayden Tax Rate
1.12%
Average Pitt County Tax Rate
1.17%
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 | 0.84% | 0.93% | 1.12% | 1.40% | 1.51% |
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 Pitt County Assessor 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. For example, the highest median tax bill in the area is $1098 in zip code 28513, while the lowest is also $1098 in the same zip code. Being aware of these valuation processes in Ayden helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Ayden Assessed Value
$97,735
Average Pitt County Assessed Value
$124,775
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 | $28,564 | $61,972 | $97,735 | $158,888 | $236,054 |
Source: Ownwell
Property Tax Bills Across Ayden, North Carolina
In Ayden, located in Pitt County, NC, property tax bills are calculated based on the assessed value of a homeowner's property. 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, the local tax rate is applied to compute the annual property tax bill. Several factors influence the tax bill, including property size, location, and any improvements made. For instance, the median home price in Ayden is $97,735, and property taxes can vary significantly within the region. Homeowners at the 25th percentile pay around $721 annually, while those at the 75th percentile see bills closer to $1,811. The tax bill for the 90th percentile reaches up to $2,488. These property taxes impact homeowners by contributing to local services such as schools, infrastructure, and emergency services. Comparing these figures to the national median property tax rate of 0.99%, Ayden's property taxes can be seen as relatively moderate, providing essential community benefits without being overly burdensome.
Average Ayden Tax Bill
$1,098
Average Pitt County Tax Bill
$1,320
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 | $371 | $721 | $1,098 | $1,811 | $2,488 |
Source: Ownwell