Hoke County, North Carolina Property Taxes

Name: Property Tax Bills Across Hoke County, North Carolina
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Hoke County effective property tax rate: 0.88%, significantly lower than the national median of 1.02%.
Median Hoke County home value: $178,870
Median annual Hoke County tax bill: $1,520, $880 lower than the national median property tax bill of $2,400.

How are property taxes in Hoke County calculated?

Property taxes in Hoke County are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Raeford or another part of Hoke County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Hoke County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.88%

Estimate Property Tax Bill

$1,574

$1,461

Ownwell’s Hoke County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Hoke County with just two data points. By entering your property's estimated assessed value, our calculator applies Hoke County’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Hoke County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Hoke County, North Carolina

Local government entities set tax rates, which can vary widely within a state. This variation is due to each county estimating its required budget annually to provide essential services and dividing that by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.

Below, you can compare Hoke County's effective property tax rate to other counties in North Carolina or the U.S. median property tax rate. Hoke County has a median property tax rate of 0.88%, which is below the national median of 1.02%. Within the county, Red Springs has the highest median tax rate at 0.94%, while Raeford boasts the lowest at 0.87%. This comparison highlights the variability in property tax rates even within a single county. Understanding these differences can help property owners make informed decisions about their investments and financial planning.

Property Tax Rates Across Hoke County, North Carolina

Source: Ownwell

0.87%

0.93%

0.99%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Hoke County Tax Rate

0.88%

Median Effective North Carolina Tax Rate

0.82%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Hoke County, North Carolina

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Aberdeen	0.53%	0.83%	0.88%	0.93%	1.01%
Fayetteville	0.72%	0.88%	0.90%	0.91%	0.95%
Lumber Bridge	0.67%	0.83%	0.89%	0.96%	1.07%
Maxton	0.66%	0.71%	0.93%	0.98%	1.13%
Parkton	0.70%	0.78%	0.88%	0.91%	0.96%
Raeford	0.72%	0.81%	0.87%	0.90%	0.96%
Red Springs	0.56%	0.83%	0.94%	1.06%	1.22%
Shannon	0.59%	0.83%	0.93%	1.04%	1.19%

Source: Ownwell

Property Tax Assessment Values Across Hoke County, North Carolina

When examining property taxes in Hoke County, understanding the distinction between "market value" and "assessed value" is crucial.

The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Hoke County appraisal district estimates the market value for tax purposes.

The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

Assessment notices:

In Hoke County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April.

Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Hoke County.

For example, the median tax bill in Hoke County is $1,560, with tax bills ranging significantly across the county. Parkton has the highest median home price at $198,440.

Property Tax Assessment Values Across Hoke County, North Carolina

Source: Ownwell

$74,340

$136,390

$198,440

Median Hoke County Market Value

$178,870

Median North Carolina Market Value

$197,136

Median United States Market Value

$235,294

Property Tax Assessment Values Across Hoke County, North Carolina

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Aberdeen	$63,969	$103,105	$182,810	$260,635	$361,859
Fayetteville	$92,803	$135,390	$166,210	$214,165	$250,731
Lumber Bridge	$42,327	$74,668	$158,840	$229,280	$306,445
Maxton	$32,650	$47,720	$98,760	$125,685	$185,050
Parkton	$96,178	$140,700	$198,440	$303,920	$400,446
Raeford	$73,070	$133,660	$183,410	$242,892	$302,937
Red Springs	$25,616	$47,395	$87,190	$148,865	$223,366
Shannon	$33,538	$55,265	$103,970	$163,405	$278,728

Source: Ownwell

Property Tax Bills Across Hoke County, North Carolina

In Hoke County, NC, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is then multiplied by the local tax rate to determine the annual property tax bill. With a median home price of $178,870, homeowners in Hoke County experience varying tax bills depending on their property's assessed value. For instance, the 25th percentile tax bill is $1,023, while the 75th percentile reaches $1,994, and the 90th percentile can be as high as $2,469. These figures indicate a range of tax burdens that homeowners might face. The city of Raeford has the highest median tax bill in the county at $1,560, while Red Springs offers some relief with the lowest median tax bill of $747. Compared to the national median property tax bill of $2,400, Hoke County generally presents a more manageable tax burden, which can significantly affect homeowners' financial planning and overall housing affordability.

Property Tax Bills Across Hoke County, North Carolina

Source: Ownwell

$716

$1,138

$1,560

Median Hoke County Tax Bill

$1,520

Median North Carolina Tax Bill

$1,615

Median United States Tax Bill

$2,400

Property Tax Bills Across Hoke County, North Carolina

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Aberdeen	$449	$795	$1,302	$2,242	$3,058
Fayetteville	$773	$1,180	$1,471	$1,857	$2,120
Lumber Bridge	$393	$694	$1,353	$1,985	$2,555
Maxton	$354	$428	$854	$1,173	$1,666
Parkton	$823	$1,126	$1,450	$2,606	$3,186
Raeford	$562	$1,121	$1,560	$2,021	$2,477
Red Springs	$272	$456	$747	$1,255	$1,799
Shannon	$329	$484	$844	$1,374	$2,213

Source: Ownwell