Ahoskie, North Carolina Property Taxes
The median property tax rate in Ahoskie, NC is 0.90%, slightly below the national median of 0.99% but higher than the North Carolina state median of 0.82%. With the median home value in Ahoskie at $59,382, the typical annual property tax bill reaches $500, which is significantly lower than the national median of $2,690. Property taxes in Ahoskie are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Ahoskie'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 Ahoskie 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
Ahoskie, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.9%
Estimate Property Tax Bill
$534
Ownwell’s Ahoskie Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ahoskie with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ahoskie 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 Ahoskie, North Carolina
Property taxes in Ahoskie, North Carolina, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ahoskie is 0.90%, which is lower than the U.S. national median of 0.99%. Local government entities within Ahoskie set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ahoskie 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 Ahoskie's effective property tax rate to other counties in North Carolina and the national median. For comparison, the zip code 27910 has both the highest and lowest median property tax rate of 0.90%. Understanding how these cities compare with Ahoskie provides valuable insights into the varying tax landscape across Bertie County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ahoskie Tax Rate
0.90%
Average Bertie County Tax Rate
0.90%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ahoskie, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27910 | 0.51% | 0.87% | 0.90% | 0.90% | 0.90% |
Source: Ownwell
Property Tax Assessment Values Across Ahoskie, North Carolina
In Ahoskie, 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 Bertie 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 Ahoskie, 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 Ahoskie helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Ahoskie, the zip code 27910 has both the highest and lowest median tax bill at $500. This is a significant point of interest for homeowners looking to understand their property tax obligations.
Average Ahoskie Assessed Value
$59,382
Average Bertie County Assessed Value
$56,495
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ahoskie, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27910 | $22,252 | $40,260 | $59,382 | $85,686 | $135,675 |
Source: Ownwell
Property Tax Bills Across Ahoskie, North Carolina
Property tax bills in Ahoskie, located in Bertie County, NC, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county assessor and reflects the market value of the property. Homeowners in Ahoskie can expect their property tax bills to vary significantly depending on the value of their homes. For instance, the median home price in Ahoskie is $59,382, with tax bills ranging from $295 at the 25th percentile to $1,185 at the 90th percentile. The highest and lowest median tax bills in the area are both $500, corresponding to the zip code 27910. Compared to the national median property tax rate of 0.99%, Ahoskie homeowners may experience a different financial impact depending on their property's assessed value. These property tax bills play a crucial role in funding local services such as schools, public safety, and infrastructure, directly affecting the community and homeowners' overall financial planning.
Average Ahoskie Tax Bill
$500
Average Bertie County Tax Bill
$505
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Ahoskie, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27910 | $166 | $295 | $500 | $717 | $1,185 |
Source: Ownwell