Battleboro, North Carolina Property Taxes
The median property tax rate in Battleboro, NC is 0.81%, slightly lower than both the national median of 0.99% and the North Carolina state median of 0.82%. With the median home value in Battleboro at $114,010, the typical annual property tax bill is $928, well below the national median of $2,690. Property taxes in Battleboro are calculated based on the tax assessed value, which usually falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Battleboro'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 Battleboro 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
Battleboro, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.81%
Estimate Property Tax Bill
$923
Ownwell’s Battleboro Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Battleboro with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Battleboro 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 Battleboro, North Carolina
Property taxes in Battleboro, 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 Battleboro is 0.81%, which is lower than the U.S. national median of 0.99%. Local government entities within Battleboro set these rates annually, and they can vary significantly across different neighborhoods. Each year, Battleboro 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 Battleboro's effective property tax rate to other counties in North Carolina and the national median. For comparison, the zip code 27809 has both the highest and lowest median property tax rate of 0.81%. Understanding how these cities compare with Battleboro provides valuable insights into the varying tax landscape across Nash County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Battleboro Tax Rate
0.81%
Average Nash County Tax Rate
0.72%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Battleboro, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27809 | 0.67% | 0.78% | 0.81% | 0.93% | 1.03% |
Source: Ownwell
Property Tax Assessment Values Across Battleboro, North Carolina
In Battleboro, 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 Nash 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 Battleboro, 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 Battleboro helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Battleboro is $114,010, with the highest median tax bill at $928 in zip code 27809.
Property Tax Assessment Values Across Battleboro, North Carolina
Source: Ownwell
$29,310
$100,405
$171,500
Average Battleboro Assessed Value
$114,010
Average Nash County Assessed Value
$102,010
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Battleboro, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27809 | $41,270 | $64,190 | $114,010 | $222,120 | $294,736 |
Source: Ownwell
Property Tax Bills Across Battleboro, North Carolina
In Battleboro, located in Nash County, NC, property tax bills are calculated based on the assessed value of properties. The assessed value is determined by the county assessor and reflects the market value of the property. Homeowners in Battleboro see their property taxes calculated by applying the local tax rate to this assessed value. The median home price in Battleboro is $114,010, and property tax bills can vary significantly. For example, the tax bill at the 25th percentile is $561, while at the 75th percentile, it rises to $1,755. At the 90th percentile, homeowners might pay up to $2,256. The highest median tax bill in the area is $928, which is the same across all zip codes in Battleboro. These property taxes are used to fund local services such as public schools, infrastructure, and emergency services, directly impacting the quality of life for residents. Homeowners must be aware of these costs as they can significantly affect household budgets and overall financial planning.
Average Battleboro Tax Bill
$928
Average Nash County Tax Bill
$784
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Battleboro, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27809 | $349 | $561 | $928 | $1,755 | $2,256 |
Source: Ownwell