Macon, North Carolina Property Taxes
The median property tax rate in Macon, NC is 0.93%, slightly lower than the national median of 0.99% but higher than the North Carolina state median of 0.82%. With the median home value in Macon at $117,650, the typical annual property tax bill is $1,068, which is below the national median of $2,690. Property taxes in Macon are calculated based on the tax assessed value, often lower than the market value due to exemptions like those for primary residences and agricultural properties. Understanding Macon'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 Macon or another part of Warren County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Macon, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.93%
Estimate Property Tax Bill
$1,094
Ownwell’s Macon Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Macon with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Macon 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 Macon, North Carolina
Property taxes in Macon, North Carolina, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Macon is 0.93%, slightly lower than the U.S. national median of 0.99%. Local government entities within Macon set these rates annually, and they can vary significantly across different neighborhoods. Each year, Macon 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 Macon's effective property tax rate to other counties in North Carolina and the national median. For comparison, the 27551 zip code has both the highest and lowest median property tax rate of 0.93%. Understanding how these cities compare with Macon provides valuable insights into the varying tax landscape across Warren County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Macon Tax Rate
0.93%
Average Warren County Tax Rate
0.98%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Macon, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27551 | 0.70% | 0.88% | 0.93% | 1.06% | 1.21% |
Source: Ownwell
Property Tax Assessment Values Across Macon, North Carolina
In Macon, 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 Warren 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 Macon, 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 Macon helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $1,068 in zip code 27551, while the lowest is also $1,068 in the same zip code.
Average Macon Assessed Value
$117,650
Average Warren County Assessed Value
$84,230
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Macon, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27551 | $28,832 | $59,009 | $117,650 | $360,150 | $549,815 |
Source: Ownwell
Property Tax Bills Across Macon, North Carolina
In Macon, located in Warren County, NC, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The median home price in Macon is $117,650, and the property tax rate is applied to this assessed value to determine the annual tax bill. Factors such as property size, location, and market conditions play a significant role in the assessment process. Homeowners in Macon can expect their property tax bills to vary widely. For instance, the tax bill at the 25th percentile is around $593, while at the 75th percentile, it reaches $3,124. At the 90th percentile, it can go as high as $4,864. These variations can significantly impact a homeowner's budget, making it crucial for property owners to understand their assessed values and any applicable exemptions. Comparing these figures to the national median property tax rate of 0.99%, homeowners in Macon experience a diverse range of tax liabilities based on their property assessments.
Average Macon Tax Bill
$1,068
Average Warren County Tax Bill
$857
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Macon, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27551 | $293 | $593 | $1,068 | $3,124 | $4,864 |
Source: Ownwell