Sophia, Randolph County, North Carolina Property Taxes

Name: Property Tax Bills Across Sophia, Randolph County, North Carolina
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Sophia, NC effective property tax rate: 0.65%, significantly lower than the national median of 1.02%, but lower than the North Carolina state median of 0.82%.
Median Sophia, NC home value: $168,885
Median annual Sophia, NC tax bill: $1,105, $1,295 lower than the national median property tax bill of $2,400.

How are property taxes in Randolph County calculated?

Property taxes in Sophia, NC are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Sophia’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Sophia, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Sophia, Randolph County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.65%

Estimate Property Tax Bill

$1,098

$1,019

Ownwell’s Sophia Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Sophia with just two data points. By entering your property's estimated assessed value, our calculator applies Sophia’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Randolph. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Sophia, Randolph County, North Carolina

Local government entities set tax rates, which can vary widely within a state. This is because each county annually estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. In Sophia, located in Randolph County, the effective property tax rate is 0.65%, aligning with the highest and lowest rates in the area. Compared to the national median property tax rate of 1.02%, Sophia offers a more favorable tax environment. Homeowners in Sophia benefit from this lower rate, which can result in significant savings compared to other regions across the country. With the national median property tax bill at $2,400, residents of Sophia can enjoy a reduced financial burden, making it an attractive location for property owners.

Property Tax Rates Across Sophia, Randolph County, North Carolina

Source: Ownwell

0.60%

0.96%

1.33%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Sophia Tax Rate

0.65%

Median Effective Randolph County Tax Rate

0.68%

Median Effective North Carolina Tax Rate

0.82%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Sophia, Randolph County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
27350	0.65%	0.65%	0.65%	0.65%	0.72%

Source: Ownwell

Property Tax Assessment Values Across Sophia, Randolph County, North Carolina

When examining property taxes in Sophia, NC, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Randolph County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. In Randolph County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Sophia. For example, the median home price in Sophia is $168,885, with tax bills ranging significantly across the county. ZIP code 27350 has the highest median home price at $168,885.

Property Tax Assessment Values Across Sophia, Randolph County, North Carolina

Source: Ownwell

$78,165

$146,868

$215,570

Median Sophia Market Value

$168,885

Median Randolph County Market Value

$167,245

Median North Carolina Market Value

$197,136

Median United States Market Value

$235,294

Property Tax Assessment Values Across Sophia, Randolph County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
27350	$45,572	$113,478	$168,885	$258,282	$359,644

Source: Ownwell

Property Tax Bills Across Sophia, Randolph County, North Carolina

In Sophia, Randolph County, NC, property tax bills are calculated by multiplying the assessed value of a home by the local tax rate. The assessed value is determined based on the market value of the property. Homeowners in Sophia face a median property tax bill of $1105, which is significantly lower than the national median of $2400. Tax bills in this city can range from the 25th percentile at $693 to the 90th percentile at $2343, reflecting variations in property values and assessments. Factors influencing these bills include property size, location, and market conditions. These taxes can impact homeowners by affecting their annual budgets and long-term financial planning. Ownwell assists homeowners by offering property tax appeal services, which can potentially lower their tax bills. With expertise in local tax regulations, Ownwell helps identify discrepancies in assessed values and guides homeowners through the appeal process, ensuring they pay only their fair share. This can lead to significant savings and financial relief for property owners.

Property Tax Bills Across Sophia, Randolph County, North Carolina

Source: Ownwell

$562

$1,239

$1,916

Median Sophia Tax Bill

$1,105

Median Randolph County Tax Bill

$1,305

Median North Carolina Tax Bill

$1,615

Median United States Tax Bill

$2,400

Property Tax Bills Across Sophia, Randolph County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
27350	$285	$693	$1,105	$1,651	$2,343

Source: Ownwell