Roseboro, North Carolina Property Taxes
The median property tax rate in Roseboro, NC is 0.81%, slightly lower than the state median of 0.82% and below the national median of 0.99%. With a median home value of $69,374, the typical annual property tax bill in Roseboro is $562, which is significantly less than the national median of $2,690. Property taxes in Roseboro 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 Roseboro'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 Roseboro or another part of Bladen County, getting to know the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Roseboro, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.81%
Estimate Property Tax Bill
$562
$521
Ownwell’s Roseboro Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Roseboro with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Roseboro 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 Roseboro, North Carolina
Property taxes in Roseboro, North Carolina, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Roseboro is 0.81%, which is lower than the U.S. national median of 0.99%. Local government entities within Roseboro set these rates annually, and they can vary significantly across different neighborhoods. Each year, Roseboro 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 Roseboro's effective property tax rate to other counties in North Carolina and the national median. For comparison, the 28382 zip code has both the highest and lowest median property tax rate of 0.81%. Understanding how these cities compare with Roseboro 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 Roseboro Tax Rate
0.81%
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 Roseboro, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28382 | 0.81% | 0.81% | 0.81% | 0.81% | 0.81% |
Source: Ownwell
Property Tax Assessment Values Across Roseboro, North Carolina
In Roseboro, 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 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 Roseboro, 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 Roseboro helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Interestingly, the highest and lowest median tax bills in Roseboro are both $562, found in the 28382 zip code.
Average Roseboro Assessed Value
$69,374
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 Roseboro, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28382 | $39,908 | $48,761 | $69,374 | $87,703 | $100,501 |
Source: Ownwell
Property Tax Bills Across Roseboro, North Carolina
In Roseboro, Bladen County, NC, property tax bills are calculated based on the assessed value of a home, which is determined by the county tax assessor. The assessed value is then multiplied by the local tax rate to calculate the annual property tax bill. For homeowners in Roseboro, the median home price is $69,374. The tax bill for properties at the 25th percentile is approximately $395, while those at the 75th percentile face a bill of around $710. At the 90th percentile, the tax bill can reach up to $814. These tax bills are influenced by factors such as property location, market conditions, and any applicable exemptions or deductions. Compared to the national median property tax rate of 0.99%, Roseboro's property tax rates may appear more favorable. However, understanding these factors and their impact on the overall tax bill is crucial for homeowners. Accurate assessment and awareness of exemptions can significantly affect the financial burden on property owners.
Average Roseboro Tax Bill
$562
Average Bladen County Tax Bill
$591
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Roseboro, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28382 | $323 | $395 | $562 | $710 | $814 |
Source: Ownwell