Person County, North Carolina Property Taxes
The median property tax rate in Person County is 0.78%, which is lower than both the national median of 0.99% and the North Carolina state median of 0.82%. With the median home value in Person County, the typical annual property tax bill is $1,008, significantly below the national median of $2,690. Property taxes in Person County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Person County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Roxboro or another part of Person County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Person County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.78%
Estimate Property Tax Bill
$952
$883
Ownwell’s Person County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Person County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Person County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Person County, North Carolina
Property taxes in Person County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Person County is 0.78%, which is lower than the U.S. national median of 0.99%. Local government entities within Person County set these rates annually, and they can vary significantly between different areas within the county. Each year, Person County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Person County's effective property tax rate with other counties in North Carolina and the national median. For comparison, the city of Timberlake has a median property tax rate of 0.78%, while the city of Cedar Grove boasts one of the lowest at 0.60%. Analyzing how Person County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Person County Tax Rate
0.78%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Person County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Cedar Grove | N/A | N/A | N/A | N/A | N/A |
| Hurdle Mills | 0.41% | 0.78% | 0.78% | 0.79% | 0.81% |
| Leasburg | 0.64% | 0.77% | 0.78% | 0.80% | 0.85% |
| Milton | 0.20% | 0.77% | 0.78% | 0.79% | 0.86% |
| Oxford | 0.34% | 0.67% | 0.78% | 0.78% | 0.79% |
| Rougemont | 0.66% | 0.78% | 0.78% | 0.80% | 0.83% |
| Roxboro | 0.65% | 0.78% | 0.78% | 0.94% | 1.52% |
| Semora | 0.74% | 0.77% | 0.78% | 0.80% | 0.84% |
| Timberlake | 0.74% | 0.78% | 0.78% | 0.79% | 0.82% |
Source: Ownwell
Property Tax Assessment Values Across Person County, North Carolina
In Person County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Person County Appraisal District. The assessed value, however, 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. Assessment notices in Person County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Person County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Person County, the highest median tax bill is in Semora at $2,792, while the lowest median tax bill is in Milton at $837.
Property Tax Assessment Values Across Person County, North Carolina
Source: Ownwell
$94,660
$234,613
$374,565
Average Person County Assessed Value
$122,004
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Person County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Cedar Grove | N/A | N/A | N/A | N/A | N/A |
| Hurdle Mills | $58,152 | $92,540 | $147,120 | $229,337 | $387,985 |
| Leasburg | $54,782 | $100,147 | $203,590 | $456,618 | $640,208 |
| Milton | $29,590 | $48,135 | $94,660 | $148,750 | $310,158 |
| Oxford | $42,779 | $93,265 | $197,075 | $317,004 | $392,241 |
| Rougemont | $44,283 | $84,338 | $142,637 | $224,836 | $347,469 |
| Roxboro | $44,716 | $73,328 | $108,602 | $172,008 | $285,743 |
| Semora | $71,892 | $129,296 | $374,565 | $563,178 | $795,175 |
| Timberlake | $59,107 | $92,636 | $157,508 | $247,142 | $342,206 |
Source: Ownwell
Property Tax Bills Across Person County, North Carolina
Property tax bills in Person County, NC, are calculated based on the assessed value of a property, which is determined by the local tax assessor. This value is then multiplied by the county's tax rate to produce the annual tax bill. For homeowners in Person County, several factors can influence the assessed value, including the property's location, size, and any improvements or renovations. The median home price in Person County is $122,004, and property tax bills can vary significantly. For instance, the tax bill at the 25th percentile is around $641, while at the 75th percentile, it rises to $1,748. The 90th percentile tax bill reaches $2,764. The highest median tax bill in the county is found in Semora, at $2,792, whereas Milton has the lowest median tax bill at $837. Comparatively, the national median property tax rate is 0.99%, making Person County's rates competitive. These property tax bills directly affect homeowners by influencing their annual expenses and overall cost of homeownership.
Average Person County Tax Bill
$1,008
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Person County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Cedar Grove | N/A | N/A | N/A | N/A | N/A |
| Hurdle Mills | $336 | $666 | $1,041 | $1,636 | $2,600 |
| Leasburg | $345 | $741 | $1,440 | $3,239 | $4,939 |
| Milton | $26 | $246 | $837 | $1,150 | $1,613 |
| Oxford | $320 | $577 | $1,007 | $1,759 | $2,685 |
| Rougemont | $319 | $631 | $1,071 | $1,667 | $2,448 |
| Roxboro | $357 | $617 | $929 | $1,557 | $2,407 |
| Semora | $500 | $860 | $2,792 | $4,372 | $6,314 |
| Timberlake | $402 | $683 | $1,155 | $1,870 | $2,537 |
Source: Ownwell