Garland, North Carolina Property Taxes
The median property tax rate in Garland, NC is 0.86%, slightly higher than the state median of 0.82% but below the national median of 0.99%. With a median home value of $72,713, the typical annual property tax bill in Garland amounts to $573, which is significantly lower than the national median of $2,690. Property taxes in Garland are calculated based on the tax assessed value, which often falls below the market value due to exemptions like those for primary residences and agricultural use. Understanding Garland's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Garland or another part of the city, familiarizing yourself with the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Garland, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.86%
Estimate Property Tax Bill
$625
$580
Ownwell’s Garland Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Garland with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Garland 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 Garland, North Carolina
Property taxes in Garland, North Carolina, are essential for funding critical local services, including public schools, road maintenance, and emergency services. The median tax rate in Garland is 0.86%, which is lower than the U.S. national median of 0.99%. Local government entities within Garland set these rates annually, and they can vary significantly across different neighborhoods. Each year, Garland 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 Garland's effective property tax rate to other areas in North Carolina and the national median. For comparison, the 28441 zip code has both the highest and lowest median property tax rate in the region, standing at 0.86%. Understanding how these areas compare with Garland provides valuable insights into the varying tax landscape across Bladen County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Garland Tax Rate
0.86%
Average Bladen County Tax Rate
0.84%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Garland, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28441 | 0.57% | 0.85% | 0.86% | 0.87% | 0.87% |
Source: Ownwell
Property Tax Assessment Values Across Garland, North Carolina
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Garland, North Carolina. 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 Bladen 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 Garland, 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. The median home price in Garland is $72,713, with tax bills ranging from $226 at the 25th percentile to $1,691 at the 90th percentile. The highest and lowest median tax bills are both $573, found in the 28441 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Garland Assessed Value
$72,713
Average Bladen County Assessed Value
$73,187
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Garland, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28441 | $10,192 | $30,637 | $72,713 | $124,821 | $208,724 |
Source: Ownwell
Property Tax Bills Across Garland, North Carolina
In Garland, NC, property tax bills are determined based on the assessed value of a home, which is typically a percentage of its market value. The median home price in Garland is $72,713. Property taxes are then calculated by applying the local tax rate to this assessed value. For homeowners in Garland, the tax bills can vary significantly. The 25th percentile tax bill is around $226, while the 75th percentile tax bill reaches approximately $996. At the 90th percentile, homeowners might see tax bills as high as $1,691. Factors influencing these variations include the assessed value of the property, any applicable exemptions, and the specific tax rate set by the local government. Comparatively, the highest and lowest median tax bills in the area both stand at $573, indicating a relatively consistent tax rate within specific zip codes. For homeowners, understanding these factors is crucial as they directly impact annual financial planning and the overall cost of owning a home.
Average Garland Tax Bill
$573
Average Bladen County Tax Bill
$591
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Garland, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28441 | $70 | $226 | $573 | $996 | $1,691 |
Source: Ownwell