Archer Lodge, North Carolina Property Taxes
The median property tax rate in Archer Lodge, NC, is 0.99%, aligning with the national median but notably higher than the North Carolina state median of 0.82%. With a median home value of $196,520, the typical annual property tax bill in Archer Lodge reaches $1,894, which is below the national median of $2,690. Property taxes in Archer Lodge are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Archer Lodge'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 Archer Lodge or another part of Johnston County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Archer Lodge, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.99%
Estimate Property Tax Bill
$1,946
$1,805
Ownwell’s Archer Lodge Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Archer Lodge with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Archer Lodge 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 Johnston County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Archer Lodge, North Carolina
Property taxes in Archer Lodge, 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 Archer Lodge is 0.99%, which is on par with the U.S. national median of 0.99%. Local government entities within Archer Lodge set these rates annually, and they can vary significantly across different neighborhoods. Each year, Archer Lodge 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 Archer Lodge's effective property tax rate to other areas in Johnston County and the national median. For comparison, the 27527 zip code has both the highest and lowest median property tax rate of 0.99%. Understanding how these areas compare with Archer Lodge provides valuable insights into the varying tax landscape across Johnston County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Archer Lodge Tax Rate
0.99%
Average Johnston County Tax Rate
0.81%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Archer Lodge, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27527 | 0.81% | 0.99% | 0.99% | 0.99% | 0.99% |
Source: Ownwell
Property Tax Assessment Values Across Archer Lodge, North Carolina
In Archer Lodge, 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 Johnston 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 Archer Lodge, 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 Archer Lodge helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Johnston County, the median home price is $196,520. The tax bill at the 25th percentile is $1,604, while at the 75th percentile, it is $2,774. The 90th percentile tax bill reaches $3,457. The zip code 27527 has both the highest and lowest median tax bill at $1,894.
Property Tax Assessment Values Across Archer Lodge, North Carolina
Source: Ownwell
$91,150
$173,400
$255,650
Average Archer Lodge Assessed Value
$196,520
Average Johnston County Assessed Value
$190,250
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Archer Lodge, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27527 | $129,641 | $166,050 | $196,520 | $285,518 | $351,913 |
Source: Ownwell
Property Tax Bills Across Archer Lodge, North Carolina
Property tax bills in Archer Lodge, located in Johnston County, NC, are calculated based on the assessed value of a property. The assessed value is determined by the county assessor and is intended to reflect the market value of the property. Homeowners in this area see a range of tax bills, influenced by the assessed value of their homes and the local tax rate. For instance, the median home price in Archer Lodge is $196,520. Tax bills can vary significantly; at the 25th percentile, homeowners might pay around $1,604, while those at the 75th percentile could see bills as high as $2,774. For the top 10% of properties, tax bills can reach up to $3,457. The highest and lowest median tax bills both stand at $1,894 in the 27527 zip code. These property taxes fund essential local services such as schools, public safety, and infrastructure, directly impacting the quality of life for residents. Understanding how these factors interplay helps homeowners better anticipate their annual tax obligations.
Average Archer Lodge Tax Bill
$1,894
Average Johnston County Tax Bill
$1,676
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Archer Lodge, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27527 | $1,211 | $1,604 | $1,894 | $2,774 | $3,457 |
Source: Ownwell