Linden, North Carolina Property Taxes
The median property tax rate in Linden, NC is 1.11%, considerably higher than both the national median of 0.99% and the North Carolina state median of 0.82%. With the median home value in Linden, the typical annual property tax bill reaches $1,540, exceeding the national median of $2,690. Property taxes in Linden are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Linden'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 Linden or another part of Cumberland County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Linden, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.11%
Estimate Property Tax Bill
$1,562
Ownwell’s Linden Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Linden with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Linden 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 Linden, North Carolina
Property taxes in Linden, North Carolina, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Linden is 1.11%, higher than both the North Carolina state median and the U.S. national median of 0.99%. Local government entities within Linden set these rates annually, and they can vary significantly across different neighborhoods. Each year, Linden 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 Linden's effective property tax rate to other counties in North Carolina and the national median. For comparison, the 28356 zip code has the highest median property tax rate of 1.11%, while the same zip code also has the lowest median tax rate of 1.11%. Understanding how these areas compare with Linden provides valuable insights into the varying tax landscape across Cumberland County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Linden Tax Rate
1.11%
Average Cumberland County Tax Rate
1.48%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Linden, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28356 | 0.84% | 1.00% | 1.11% | 1.24% | 1.45% |
Source: Ownwell
Property Tax Assessment Values Across Linden, North Carolina
In Linden, 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 Cumberland 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 Linden, 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 Linden helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest median tax bill in the area is $1540 in the 28356 zip code, which is the same for the lowest median tax bill.
Average Linden Assessed Value
$140,682
Average Cumberland County Assessed Value
$115,098
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Linden, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28356 | $27,966 | $63,584 | $140,682 | $225,189 | $288,356 |
Source: Ownwell
Property Tax Bills Across Linden, North Carolina
In Linden, Cumberland County, NC, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The median home price in Linden is $140,682. The tax rate is applied to this assessed value to determine the annual tax bill. For example, homeowners in the 25th percentile can expect a tax bill of around $738, while those in the 75th percentile may see bills as high as $2,312. In the 90th percentile, tax bills can reach $2,913. Factors such as property size, location, and improvements can influence the assessed value, thereby affecting the tax bill. Compared to the national median property tax rate of 0.99%, Linden's property taxes reflect a range of values that can significantly impact homeowners' finances. Understanding these factors can help homeowners better anticipate their annual tax obligations and plan accordingly.
Average Linden Tax Bill
$1,540
Average Cumberland County Tax Bill
$1,668
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Linden, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28356 | $372 | $738 | $1,540 | $2,312 | $2,913 |
Source: Ownwell