Pinebluff, North Carolina Property Taxes
The median property tax rate in Pinebluff, NC is 0.37%, significantly lower than both the national median of 0.99% and the North Carolina state median of 0.82%. With a median home value of $212,110 in Pinebluff, the typical annual property tax bill is $807, which is well below the national median of $2,690. Property taxes in Pinebluff are calculated based on the assessed value, which is often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Pinebluff's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Pinebluff or another part of Moore County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pinebluff, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.37%
Estimate Property Tax Bill
$785
$728
Ownwell’s Pinebluff Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pinebluff with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pinebluff 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 Pinebluff, North Carolina
Property taxes in Pinebluff, 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 Pinebluff is 0.37%, which is significantly lower than both the North Carolina state median and the U.S. national median of 0.99%. Local government entities within Pinebluff set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pinebluff 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 Pinebluff's effective property tax rate to other counties in North Carolina and the national median. For comparison, the highest median property tax rate in the region is in zip code 28210, with a rate of 1.05%, while the lowest median tax rate is in zip code 28717, with a rate of 0.32%. Understanding how these cities compare with Pinebluff provides valuable insights into the varying tax landscape across Moore County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pinebluff Tax Rate
0.37%
Average Moore County Tax Rate
0.60%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pinebluff, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
28373 | 0.37% | 0.37% | 0.37% | 0.45% | 0.46% |
Source: Ownwell
Property Tax Assessment Values Across Pinebluff, North Carolina
In Pinebluff, 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 Moore 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 Pinebluff, 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. The highest and lowest median tax bills in Pinebluff are both recorded at $807 in the zip code 28373. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Pinebluff, North Carolina
Source: Ownwell
$45,070
$261,150
$477,230
Average Pinebluff Assessed Value
$212,110
Average Moore County Assessed Value
$305,820
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pinebluff, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
28373 | $84,652 | $149,278 | $212,110 | $277,832 | $328,299 |
Source: Ownwell
Property Tax Bills Across Pinebluff, North Carolina
In Pinebluff, located in Moore County, NC, property tax bills are determined by assessing the value of a property and applying the local tax rate. The assessed value is based on the market value of the home, which for Pinebluff has a median home price of $212,110. The local tax rate is then applied to this assessed value to calculate the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value and, consequently, the tax bill. For homeowners in Pinebluff, the tax bill can vary significantly. At the 25th percentile, the tax bill is approximately $576, while at the 75th percentile, it rises to around $1,055. Those in the 90th percentile may see tax bills as high as $1,298. Compared to the national median property tax rate of 0.99%, Pinebluff's property taxes are relatively moderate, providing a balanced approach that supports local infrastructure and services without overly burdening homeowners.
Average Pinebluff Tax Bill
$807
Average Moore County Tax Bill
$1,694
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Pinebluff, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
28373 | $332 | $576 | $807 | $1,055 | $1,298 |
Source: Ownwell