Sanford, Lee County, North Carolina Property Taxes

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

Median Sanford, NC effective property tax rate: 0.85%, slightly lower than the national median of 1.02%, but higher than the North Carolina state median of 0.82%. Median Sanford, NC home value: $171,500. Median annual Sanford, NC tax bill: $1,541, $859 lower than the national median property tax bill of $2,400. How are property taxes in Lee County calculated? Property taxes in Sanford, 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 Sanford’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Sanford, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Sanford, Lee County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.85%

Estimate Property Tax Bill

$1,458

$1,353

Ownwell’s Sanford Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Sanford with just two data points. By entering your property's estimated assessed value, our calculator applies Sanford’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 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 Lee County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Sanford, Lee 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. Below, you can compare Sanford’s effective property tax rate to other cities in North Carolina and the median property tax rates in North Carolina and the U.S. Sanford, located in Lee County, has a property tax rate that is competitive within the state. North Carolina's median property tax rate is 0.85%, which is below the national median of 1.02%. The highest median tax rate in the area is 1.11% in the 27330 zip code, while the lowest is 0.80% in the 27332 zip code. This comparison highlights the variability in property tax rates across different regions, underscoring the importance of understanding local tax obligations.

Property Tax Rates Across Sanford, Lee County, North Carolina

Source: Ownwell

0.78%

0.99%

1.20%

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 Sanford Tax Rate

0.85%

Median Effective Lee County Tax Rate

0.85%

Median Effective North Carolina Tax Rate

0.82%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Sanford, Lee County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
27330	0.67%	0.78%	1.11%	1.33%	1.49%
27332	0.57%	0.74%	0.80%	0.88%	1.34%
27331	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Sanford, Lee County, North Carolina

When examining property taxes in Sanford, 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 Lee 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.

In Lee 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 Sanford. For example, the median home price in Sanford is $171,500, with tax bills ranging significantly across the county. Zip code 27332 has the highest median home price at $173,650.

Property Tax Assessment Values Across Sanford, Lee County, North Carolina

Source: Ownwell

$136,800

$165,900

$195,000

Median Sanford Market Value

$171,500

Median Lee County Market Value

$171,800

Median North Carolina Market Value

$197,136

Median United States Market Value

$235,294

Property Tax Assessment Values Across Sanford, Lee County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
27330	$25,100	$78,825	$169,600	$269,775	$379,810
27332	$24,000	$97,975	$173,650	$266,700	$365,470
27331	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Sanford, Lee County, North Carolina

In Sanford, NC, property tax bills are calculated based on the assessed value of a home, which is determined by local tax authorities. The median home price in Sanford is $171,500, and the property tax rate is applied to this assessed value to determine the tax bill. Factors such as location, property size, and market conditions can influence the assessed value. For homeowners in Sanford, the property tax bill ranges significantly, with the 25th percentile at $801 and the 90th percentile reaching $3,784. The highest median tax bill in the area is $1,621 in the 27330 zip code, while the lowest is $1,434 in the 27332 zip code. Compared to the national median property tax bill of $2,400, Sanford's tax bills can be more affordable, but they still represent a significant expense for homeowners. Ownwell can assist homeowners by identifying potential savings through property tax appeals and exemptions, ensuring they pay only what is necessary and potentially reducing their financial burden.

Property Tax Bills Across Sanford, Lee County, North Carolina

Source: Ownwell

$1,024

$1,599

$2,174

Median Sanford Tax Bill

$1,541

Median Lee County Tax Bill

$1,542

Median North Carolina Tax Bill

$1,615

Median United States Tax Bill

$2,400

Property Tax Bills Across Sanford, Lee County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
27330	$216	$830	$1,621	$2,967	$4,070
27332	$235	$756	$1,434	$2,233	$3,035
27331	N/A	N/A	N/A	N/A	N/A

Source: Ownwell