Maple Hill, North Carolina Property Taxes
The median property tax rate in Maple Hill, NC is 0.95%, slightly lower than the national median of 0.99% but higher than the North Carolina state median of 0.82%. With the median home value in Maple Hill at $95,649, the typical annual property tax bill is $871, which is below the national median of $2,690. Property taxes in Maple Hill are calculated based on the assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Maple Hill'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 Maple Hill 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
Maple Hill, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.95%
Estimate Property Tax Bill
$909
$843
Ownwell’s Maple Hill Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Maple Hill with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Maple Hill 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 Maple Hill, North Carolina
Property taxes in Maple Hill, 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 Maple Hill is 0.95%, which is lower than the U.S. national median of 0.99%. Local government entities within Maple Hill set these rates annually, and they can vary significantly across different neighborhoods. Each year, Maple Hill 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 Maple Hill's effective property tax rate to other counties in North Carolina and the national median. For comparison, the zip code 28454 has both the highest and lowest median property tax rate of 0.95%. Understanding how these cities compare with Maple Hill 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 Maple Hill 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 Maple Hill, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28454 | 0.59% | 0.81% | 0.95% | 1.04% | 1.15% |
Source: Ownwell
Property Tax Assessment Values Across Maple Hill, North Carolina
In Maple Hill, 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 Maple Hill, 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 Maple Hill helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 28454 has the highest median tax bill at $871, while the lowest median tax bill is also $871, reflecting a consistent property tax landscape in the area.
Property Tax Assessment Values Across Maple Hill, North Carolina
Source: Ownwell
$75,914
$253,666
$431,418
Average Maple Hill Assessed Value
$95,649
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 Maple Hill, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28454 | $32,492 | $57,779 | $95,649 | $131,238 | $170,092 |
Source: Ownwell
Property Tax Bills Across Maple Hill, North Carolina
In Maple Hill, NC, property tax bills are determined based on the assessed value of a home, which is calculated by the local tax assessor. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. The median home price in Maple Hill is $95,649, and the property tax rate in Pender County is reflective of this valuation. For instance, homeowners in the 25th percentile pay around $522 annually, while those in the 75th percentile see bills closer to $1,185. At the 90th percentile, tax bills can reach up to $1,473. Factors influencing the tax bill include the home's assessed value, local tax rates, and any applicable exemptions or deductions. For homeowners, these property taxes are a significant consideration, impacting overall housing affordability and monthly budgeting. Compared to the national median property tax rate of 0.99%, Maple Hill's rates can be a crucial factor for potential buyers and current residents when evaluating their financial commitments.
Average Maple Hill Tax Bill
$871
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 Maple Hill, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28454 | $250 | $522 | $871 | $1,185 | $1,473 |
Source: Ownwell