Currie, North Carolina Property Taxes
The median property tax rate in Currie, NC is 0.95%, slightly below the national median of 0.99% but higher than the North Carolina state median of 0.82%. With a median home value of $93,812 in Currie, the typical annual property tax bill is $890, which is significantly lower than the national median of $2,690. Property taxes in Currie are calculated based on the tax assessed value, which often falls below the market value due to exemptions like those for primary residences and agricultural properties. Understanding Currie'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 Currie or another part of Pender County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Currie, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.95%
Estimate Property Tax Bill
$891
$827
Ownwell’s Currie Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Currie with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Currie 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 Currie, North Carolina
Property taxes in Currie, North Carolina, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Currie is 0.95%, which is slightly below the U.S. national median of 0.99%. Local government entities within Currie set these rates annually, and they can vary significantly across different neighborhoods. Each year, Currie 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 Currie's effective property tax rate to other areas in North Carolina and the national median. For comparison, the zip code 28435 has both the highest and lowest median property tax rate of 0.95%. Understanding how these areas compare with Currie provides valuable insights into the varying tax landscape across Pender County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Currie Tax Rate
0.95%
Average Pender County Tax Rate
0.88%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Currie, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28435 | 0.65% | 0.81% | 0.95% | 1.06% | 1.20% |
Source: Ownwell
Property Tax Assessment Values Across Currie, North Carolina
In Currie, 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 Pender 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 Currie, 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 Currie helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Currie are both recorded at $890.00 in the zip code 28435, offering a consistent tax expectation for residents.
Average Currie Assessed Value
$93,812
Average Pender County Assessed Value
$183,803
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Currie, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28435 | $29,755 | $56,560 | $93,812 | $146,506 | $222,395 |
Source: Ownwell
Property Tax Bills Across Currie, North Carolina
In Currie, NC, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. The median home price in Currie is $93,812. Once the home’s assessed value is established, the local tax rate is applied to determine the annual tax bill. For example, homeowners in Currie can expect to pay a median property tax bill of around $890, which aligns with the highest and lowest median tax bills recorded in the 28435 zip code. Several factors influence the tax bill, including property size, location, and any applicable exemptions. The tax bill can vary significantly, with the 25th percentile at $517 and the 75th percentile at $1306. For those in the 90th percentile, tax bills can reach up to $1910. These property taxes directly impact homeowners by contributing to local services such as schools, infrastructure, and emergency services, making it essential for residents to understand how their tax bill is determined and what it supports.
Average Currie Tax Bill
$890
Average Pender County Tax Bill
$1,515
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Currie, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28435 | $223 | $517 | $890 | $1,306 | $1,910 |
Source: Ownwell