West End, North Carolina Property Taxes
The median property tax rate in West End, NC is 0.46%, significantly lower than both the national median of 0.99% and the North Carolina state median of 0.82%. With the median home value in West End at $308,060, the typical annual property tax bill is $1,447, which is well below the national median of $2,690. Property taxes in West End are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding West End'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 West End or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
West End, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.46%
Estimate Property Tax Bill
$1,417
$1,315
Ownwell’s West End Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in West End with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in West End to provide an accurate estimate of your property tax bill. This insightful tool helps you grasp potential tax liabilities with ease. For those interested in trends at a neighborhood level, scrolling down reveals more localized information. Your property’s assessed value, assigned by Moore County for tax calculations, takes into account any applicable exemptions.
Property Tax Rates Across West End, North Carolina
Property taxes in West End, 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 West End 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 West End set these rates annually, and they can vary significantly across different neighborhoods. Each year, West End 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 West End's effective property tax rate to other counties in North Carolina and the national median. For comparison, the zip code 27376 has both the highest and lowest median property tax rate of 0.46%. Understanding how these areas compare with West End 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 West End 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 West End, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
27376 | 0.45% | 0.45% | 0.46% | 0.46% | 0.55% |
Source: Ownwell
Property Tax Assessment Values Across West End, North Carolina
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in West End, 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 West End, 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 West End helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 27376 has the highest and lowest median tax bill at $1,447.
Property Tax Assessment Values Across West End, North Carolina
Source: Ownwell
$45,070
$261,150
$477,230
Average West End Assessed Value
$308,060
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 West End, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
27376 | $83,631 | $176,362 | $308,060 | $439,780 | $633,218 |
Source: Ownwell
Property Tax Bills Across West End, North Carolina
In West End, located in Moore County, NC, property tax bills are calculated based on the assessed value of a home, which is determined by the county's tax assessor. The tax rate is applied to this assessed value to determine the annual tax bill. For example, with a median home price of $308,060, homeowners can expect varying tax bills depending on their property's assessed value and the specific tax rate applied. Factors such as property size, location, and improvements can influence the assessed value. Homeowners in West End can see tax bills ranging from $863 at the 25th percentile to $2,964 at the 90th percentile. The highest median tax bill in the area is $1,447, which is consistent across the zip code 27376. These property taxes are crucial for funding local services like schools, public safety, and infrastructure. Homeowners must stay informed about their property's assessed value and any potential exemptions to manage their tax liabilities effectively.
Average West End Tax Bill
$1,447
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 West End, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
27376 | $394 | $863 | $1,447 | $2,057 | $2,964 |
Source: Ownwell