Liberty, Alamance County, North Carolina Property Taxes
Median Liberty, NC effective property tax rate: 0.52%, significantly lower than the national median of 1.02%, but lower than the North Carolina state median of 0.82%.
Median Liberty, NC home value: $225,512
Median annual Liberty, NC tax bill: $1,166, $1,234 lower than the national median property tax bill of $2,400.
How are property taxes in Alamance calculated?
Property taxes in Liberty, NC are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Liberty’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Liberty, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Liberty, Alamance County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.52%
Estimate Property Tax Bill
$1,173
$1,088
Property Tax Rates Across Liberty, Alamance County, North Carolina
Local government entities set tax rates, which can vary widely within a state. Why? Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Liberty’s effective property tax rate to other cities in North Carolina and the median property tax rates in North Carolina and the U.S.
Liberty, located in Alamance County, has a median property tax rate of 0.52%. This rate is significantly lower than the national median property tax rate of 1.02%. Compared to other regions within North Carolina, Liberty maintains a competitive tax rate, which can be appealing to property owners. The consistency in Liberty's tax rate aligns with the county's efficient budget management and service provision strategies. This makes Liberty an attractive option for homeowners seeking lower property tax obligations. The effective tax rate not only influences the financial decisions of potential property buyers but also reflects the fiscal policies of the local government.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Liberty Tax Rate
0.52%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Alamance County Tax Rate
0.49%
Median Effective North Carolina Tax Rate
0.82%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Liberty, Alamance County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27298 | 0.51% | 0.52% | 0.52% | 0.52% | 0.52% |
Source: Ownwell
Property Tax Assessment Values Across Liberty, Alamance County, North Carolina
When examining property taxes in Liberty, North Carolina, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Alamance County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Alamance County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Liberty. For example, the median home price in Liberty is $225,512, with tax bills ranging significantly across the county. Zip code 27298 has the highest median home price at $225,512.
Property Tax Assessment Values Across Liberty, Alamance County, North Carolina
Source: Ownwell
$184,192
$334,593
$484,994
Median Liberty Market Value
$225,512
Median Alamance County Market Value
$246,962
Median North Carolina Market Value
$197,136
Median United States Market Value
$235,294
Property Tax Assessment Values Across Liberty, Alamance County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27298 | $84,157 | $149,758 | $225,512 | $317,878 | $424,077 |
Source: Ownwell
Property Tax Bills Across Liberty, Alamance County, North Carolina
In Liberty, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. In Alamance County, where Liberty is located, the median property tax bill is $1,166, which is below the national median of $2,400. This relatively low tax bill can be attributed to the median home price of $225,512 in the area. Homeowners in Liberty can see tax bills ranging from $774 at the 25th percentile to $2,198 at the 90th percentile.
These property taxes fund essential community services such as schools, roads, and emergency services, directly affecting homeowners' quality of life. Ownwell offers a valuable service to homeowners by providing property tax appeal and exemption services. By analyzing local market trends and property assessments, Ownwell helps homeowners identify potential savings on their property tax bills, ensuring they only pay their fair share.
Median Liberty Tax Bill
$1,166
Median Alamance County Tax Bill
$1,218
Median North Carolina Tax Bill
$1,615
Median United States Tax Bill
$2,400
Property Tax Bills Across Liberty, Alamance County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27298 | $437 | $774 | $1,166 | $1,643 | $2,198 |
Source: Ownwell