Mechanicsville, North Carolina Property Taxes
The median property tax rate in Mechanicsville, NC is 1.50%, considerably higher than both the national median of 0.99% and North Carolina's state median of 0.82%. With the median home value in Mechanicsville at $145,700, the typical annual property tax bill reaches $2,186, which is below the national median of $2,690. Property taxes in Mechanicsville are calculated based on the tax assessed value, often lower than the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Mechanicsville'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 Mechanicsville 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
Mechanicsville, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.5%
Estimate Property Tax Bill
$2,186
Ownwell’s Mechanicsville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Mechanicsville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Mechanicsville 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 Mechanicsville, North Carolina
Property taxes in Mechanicsville, North Carolina, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Mechanicsville is 1.50%, significantly higher than the U.S. national median of 0.99%. Local government entities within Mechanicsville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mechanicsville 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 Mechanicsville's effective property tax rate to other counties in North Carolina and the national median. For comparison, the 23116 zip code has the highest median property tax rate of 1.50%, while the same zip code also has the lowest median tax rate of 1.50%. Understanding how these cities compare with Mechanicsville provides valuable insights into the varying tax landscape across Robeson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Mechanicsville Tax Rate
1.50%
Average Robeson County Tax Rate
0.87%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mechanicsville, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23116 | 1.50% | 1.50% | 1.50% | 1.50% | 1.50% |
Source: Ownwell
Property Tax Assessment Values Across Mechanicsville, North Carolina
In Mechanicsville, 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 Robeson 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 Mechanicsville, 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 Mechanicsville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Mechanicsville are both $2,186, with the zip code 23116.
Property Tax Assessment Values Across Mechanicsville, North Carolina
Source: Ownwell
$59,500
$102,600
$145,700
Average Mechanicsville Assessed Value
$145,700
Average Robeson County Assessed Value
$69,800
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mechanicsville, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23116 | $145,700 | $145,700 | $145,700 | $145,700 | $145,700 |
Source: Ownwell
Property Tax Bills Across Mechanicsville, North Carolina
In Mechanicsville, Robeson County, NC, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The median home price in this area is $145,700. To determine the tax bill, the assessed value is multiplied by the local tax rate. For Mechanicsville, the median property tax bill is $2,186, which is considerably higher than the national median property tax rate of 0.99%. Factors influencing the tax bill include the assessed value of the property, local tax rates, and applicable exemptions or deductions. Homeowners in Mechanicsville may experience a significant financial impact due to these property taxes, which are used to fund essential services such as schools, infrastructure, and emergency services. The consistency of tax bills across different percentiles—25th, 75th, and 90th—indicates a relatively uniform tax burden for homeowners in this area, all averaging at $2,186.
Average Mechanicsville Tax Bill
$2,186
Average Robeson County Tax Bill
$623
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Mechanicsville, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23116 | $2,186 | $2,186 | $2,186 | $2,186 | $2,186 |
Source: Ownwell