Robbins, North Carolina Property Taxes
The median property tax rate in Robbins, NC is 0.46%, considerably lower than both the national median of 0.99% and the North Carolina state median of 0.82%. With the median home value in Robbins at $89,570, the typical annual property tax bill reaches $456, significantly below the national median of $2,690. Property taxes in Robbins are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Robbins' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Robbins or another part of Moore County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Robbins, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.46%
Estimate Property Tax Bill
$412
$382
Ownwell’s Robbins Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Robbins with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Robbins 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 Robbins, North Carolina
Property taxes in Robbins, 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 Robbins is 0.46%, which is lower than both the North Carolina state median and the U.S. national median of 0.99%. Local government entities within Robbins set these rates annually, and they can vary significantly across different neighborhoods. Each year, Robbins 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 Robbins' effective property tax rate to other counties in North Carolina and the national median. For comparison, the zip code 27325 has the highest median property tax rate of 0.46%, while the same zip code also has the lowest median tax rate of 0.46%. Understanding how these cities compare with Robbins 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 Robbins Tax Rate
0.46%
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 Robbins, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
27325 | 0.45% | 0.45% | 0.46% | 0.46% | 1.08% |
Source: Ownwell
Property Tax Assessment Values Across Robbins, North Carolina
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Robbins, North Carolina. 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 Robbins, 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. For instance, the median home price in Robbins is $89,570, with tax bills ranging from $242 at the 25th percentile to $1,177 at the 90th percentile. Notably, the highest and lowest median tax bills both occur in the 27325 zip code, standing at $456. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage their tax burden.
Average Robbins Assessed Value
$89,570
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 Robbins, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
27325 | $21,540 | $51,502 | $89,570 | $142,535 | $206,320 |
Source: Ownwell
Property Tax Bills Across Robbins, North Carolina
In Robbins, located in Moore County, NC, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The tax rate in Robbins is applied to this assessed value to determine the annual property tax bill. For instance, with a median home price of $89,570, homeowners in Robbins can expect varying tax bills. The 25th percentile tax bill is around $242, while the 75th percentile reaches up to $753. The highest median tax bill recorded is $456 in the 27325 zip code. These figures highlight the range of property tax obligations homeowners might face, influenced by the assessed value of their property and the local tax rate. Compared to the national median property tax rate of 0.99%, Robbins offers a relatively affordable property tax environment. Understanding these factors is crucial for homeowners as it directly impacts their annual financial planning and the overall cost of owning property in Robbins.
Average Robbins Tax Bill
$456
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 Robbins, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
27325 | $104 | $242 | $456 | $753 | $1,177 |
Source: Ownwell