Four Oaks, Johnston County, North Carolina Property Taxes
Median Four Oaks, NC effective property tax rate: 0.80%, significantly lower than the national median of 1.02%, but lower than the NC state median of 0.82%.
Median Four Oaks, NC home value: $147,600
Median annual Four Oaks, NC tax bill: $1,180, $1,220 lower than the national median property tax bill of $2,400.
How are property taxes in Johnston County calculated?
Property taxes in Four Oaks, NC 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 Four Oaks’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Four Oaks, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Four Oaks, Johnston County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.8%
Estimate Property Tax Bill
$1,181
$1,096
Property Tax Rates Across Four Oaks, Johnston County, North Carolina
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Four Oaks in Johnston County, NC, has a property tax rate of 0.80%, which is lower than the national median property tax rate of 1.02%. This offers significant savings compared to the national average. In fact, Four Oaks boasts the highest and lowest median tax rate within its zip code, setting a consistent benchmark for property owners. With the national median property tax bill at $2,400, residents in Four Oaks benefit from a more favorable tax environment. This competitive rate can make a substantial difference in annual expenses, providing an attractive incentive for property ownership. Homeowners in Four Oaks enjoy the advantage of lower property taxes, offering a financial edge in the real estate market.
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 Four Oaks Tax Rate
0.80%
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 Johnston County Tax Rate
0.81%
Median Effective North Carolina Tax Rate
0.82%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Four Oaks, Johnston County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27524 | 0.62% | 0.79% | 0.80% | 0.82% | 1.17% |
Source: Ownwell
Property Tax Assessment Values Across Four Oaks, Johnston County, North Carolina
When examining property taxes in Four Oaks, NC, 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 Johnston County tax authorities estimate 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.
In Johnston 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 Four Oaks.
For example, the median home price in Four Oaks is $147,600, with tax bills ranging significantly across the county. Zip code 27524 has the highest median home price at $147,600.
Property Tax Assessment Values Across Four Oaks, Johnston County, North Carolina
Source: Ownwell
$91,150
$173,400
$255,650
Median Four Oaks Market Value
$147,600
Median Johnston County Market Value
$190,250
Median North Carolina Market Value
$197,136
Median United States Market Value
$235,294
Property Tax Assessment Values Across Four Oaks, Johnston County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27524 | $67,150 | $98,390 | $147,600 | $219,020 | $299,046 |
Source: Ownwell
Property Tax Bills Across Four Oaks, Johnston County, North Carolina
In Four Oaks, Johnston County, NC, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The median home price in this area is $147,600, and homeowners can expect a property tax bill that ranges significantly. For instance, those in the 25th percentile pay around $764, while those in the 75th percentile face bills closer to $1,805. The 90th percentile reaches up to $2,389, which is still below the national median property tax bill of $2,400. The property tax rate in Four Oaks is competitive, offering potential savings compared to the national median rate of 1.02%.
Homeowners in Four Oaks can benefit from appealing their property tax assessments, especially if they believe their property has been overvalued. Ownwell provides expert property tax appeal services to help homeowners lower their tax bills. By leveraging local market insights and assessment data, Ownwell identifies opportunities for tax reductions, ensuring homeowners only pay their fair share while maximizing savings.
Median Four Oaks Tax Bill
$1,180
Median Johnston County Tax Bill
$1,676
Median North Carolina Tax Bill
$1,615
Median United States Tax Bill
$2,400
Property Tax Bills Across Four Oaks, Johnston County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27524 | $502 | $764 | $1,180 | $1,805 | $2,389 |
Source: Ownwell