Caswell County, North Carolina Property Taxes
The median property tax rate in Caswell County is 0.87%, which is lower than the national median of 0.99% but slightly higher than the North Carolina state median of 0.82%. With the median home value in Caswell County at $93,808, the typical annual property tax bill is $799, considerably less than the national median of $2,690. Property taxes in Caswell County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Caswell County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Yanceyville or another part of Caswell County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Caswell County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.87%
Estimate Property Tax Bill
$816
$757
Ownwell’s Caswell County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Caswell County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Caswell County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Caswell County, North Carolina
Property taxes in Caswell County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Caswell County is 0.87%, which is lower than the U.S. national median of 0.99%. Local government entities within Caswell County set these rates annually, and they can vary significantly between different areas within the county. Each year, Caswell County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Caswell County's effective property tax rate with other areas in North Carolina and the national median. For comparison, the city of Milton has one of the higher property tax rates in the state at 0.90%, while the city of Cedar Grove boasts one of the lowest at 0.57%. Analyzing how Caswell County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Caswell County Tax Rate
0.87%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Caswell County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Blanch | 0.53% | 0.79% | 0.86% | 0.95% | 1.10% |
| Burlington | 0.57% | 0.79% | 0.86% | 0.92% | 0.99% |
| Cedar Grove | N/A | N/A | N/A | N/A | N/A |
| Elon | 0.53% | 0.77% | 0.85% | 0.91% | 0.98% |
| Gibsonville | 0.68% | 0.81% | 0.89% | 0.96% | 1.04% |
| Hurdle Mills | 0.77% | 0.78% | 0.81% | 0.83% | 0.84% |
| Leasburg | 0.51% | 0.79% | 0.84% | 0.92% | 1.01% |
| Mebane | 0.53% | 0.77% | 0.85% | 0.92% | 0.99% |
| Milton | 0.56% | 0.82% | 0.90% | 1.02% | 1.31% |
| Pelham | 0.60% | 0.82% | 0.89% | 0.96% | 1.06% |
| Prospect Hill | 0.55% | 0.81% | 0.85% | 0.90% | 0.96% |
| Providence | 0.62% | 0.81% | 0.86% | 0.93% | 1.02% |
| Reidsville | 0.55% | 0.80% | 0.86% | 0.92% | 0.99% |
| Ruffin | 0.58% | 0.78% | 0.88% | 0.94% | 1.00% |
| Semora | 0.55% | 0.78% | 0.82% | 0.89% | 0.96% |
| Yanceyville | 0.58% | 0.81% | 0.90% | 1.06% | 1.10% |
Source: Ownwell
Property Tax Assessment Values Across Caswell County, North Carolina
In Caswell County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Caswell Appraisal District. The assessed value, however, 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. Assessment notices in Caswell County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Caswell County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. For instance, Hurdle Mills has the highest median tax bill at $2,292, while Cedar Grove enjoys the lowest at $432.
Property Tax Assessment Values Across Caswell County, North Carolina
Source: Ownwell
$73,037
$187,890
$302,742
Average Caswell County Assessed Value
$93,808
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Caswell County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Blanch | $44,447 | $66,906 | $103,756 | $183,677 | $298,535 |
| Burlington | $48,226 | $68,451 | $101,163 | $180,520 | $286,601 |
| Cedar Grove | N/A | N/A | N/A | N/A | N/A |
| Elon | $52,772 | $71,722 | $107,920 | $179,220 | $255,327 |
| Gibsonville | $35,551 | $51,246 | $73,037 | $103,228 | $165,386 |
| Hurdle Mills | $224,087 | $238,872 | $302,742 | $389,207 | $489,674 |
| Leasburg | $42,614 | $70,197 | $117,910 | $224,942 | $362,789 |
| Mebane | $42,950 | $69,228 | $103,232 | $170,364 | $303,763 |
| Milton | $32,783 | $52,982 | $78,691 | $121,941 | $188,393 |
| Pelham | $36,253 | $57,156 | $81,910 | $123,013 | $195,949 |
| Prospect Hill | $58,590 | $78,356 | $124,980 | $211,152 | $314,516 |
| Providence | $40,842 | $66,156 | $104,601 | $168,396 | $245,237 |
| Reidsville | $48,290 | $67,563 | $96,982 | $160,403 | $238,440 |
| Ruffin | $46,512 | $65,419 | $84,936 | $132,641 | $210,077 |
| Semora | $51,906 | $76,389 | $216,676 | $348,955 | $503,442 |
| Yanceyville | $31,474 | $56,822 | $84,610 | $141,526 | $239,457 |
Source: Ownwell
Property Tax Bills Across Caswell County, North Carolina
In Caswell County, NC, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is a percentage of the market value of the property. Homeowners in Caswell County can expect a wide range of tax bills depending on their property's assessed value. For instance, the 25th percentile tax bill is around $555, while the 75th percentile tax bill reaches up to $1,286. At the higher end, the 90th percentile tax bill can be as much as $1,939. Factors influencing the tax bill include the property's location, size, and any improvements made. For example, properties in Hurdle Mills see the highest median tax bill at $2,292, whereas Cedar Grove has the lowest median tax bill at $432. These variations significantly impact homeowners, as higher tax bills can affect affordability and the overall cost of homeownership. Compared to the national median property tax rate of 0.99%, Caswell County offers a diverse range of tax burdens, reflecting the unique characteristics of each property.
Average Caswell County Tax Bill
$799
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Caswell County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Blanch | $413 | $586 | $853 | $1,351 | $2,092 |
| Burlington | $396 | $600 | $844 | $1,434 | $2,083 |
| Cedar Grove | N/A | N/A | N/A | N/A | N/A |
| Elon | $402 | $609 | $857 | $1,362 | $1,885 |
| Gibsonville | $346 | $480 | $687 | $917 | $1,445 |
| Hurdle Mills | $1,775 | $1,905 | $2,292 | $2,617 | $3,544 |
| Leasburg | $401 | $597 | $856 | $1,495 | $2,663 |
| Mebane | $360 | $576 | $836 | $1,272 | $2,218 |
| Milton | $334 | $494 | $719 | $1,084 | $1,531 |
| Pelham | $338 | $516 | $709 | $1,018 | $1,516 |
| Prospect Hill | $504 | $686 | $1,020 | $1,596 | $2,233 |
| Providence | $383 | $580 | $882 | $1,311 | $1,864 |
| Reidsville | $429 | $571 | $806 | $1,296 | $1,805 |
| Ruffin | $391 | $568 | $728 | $1,071 | $1,465 |
| Semora | $390 | $625 | $1,382 | $2,686 | $3,725 |
| Yanceyville | $302 | $482 | $745 | $1,164 | $1,762 |
Source: Ownwell