Pembroke, North Carolina Property Taxes
The median property tax rate in Pembroke, NC is 0.87%, slightly lower than the national median of 0.99% but higher than the North Carolina state median of 0.82%. With a median home value of $82,150 in Pembroke, the typical annual property tax bill amounts to $714, which is below the national median of $2,690. Property taxes in Pembroke are calculated based on the assessed value, which is often less than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Pembroke'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 Pembroke or another part of Robeson County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pembroke, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.87%
Estimate Property Tax Bill
$715
$663
Ownwell’s Pembroke Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pembroke with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pembroke 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 Pembroke, North Carolina
Property taxes in Pembroke, North Carolina, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pembroke is 0.87%, which is lower than the U.S. national median of 0.99%. Local government entities within Pembroke set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pembroke 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 Pembroke's effective property tax rate to other areas in North Carolina and the national median. For comparison, the zip code 28372 has both the highest and lowest median property tax rate of 0.87%. Understanding how these cities compare with Pembroke provides valuable insights into the varying tax landscape across Robeson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pembroke Tax Rate
0.87%
Average Robeson County Tax Rate
0.87%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pembroke, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28372 | 0.77% | 0.87% | 0.87% | 0.92% | 0.92% |
Source: Ownwell
Property Tax Assessment Values Across Pembroke, North Carolina
In Pembroke, 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 Robeson 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 Pembroke, 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. For instance, the median home price in Pembroke is $82,150, with tax bills ranging from $471 at the 25th percentile to $1,623 at the 90th percentile. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Pembroke, North Carolina
Source: Ownwell
$59,500
$102,600
$145,700
Average Pembroke Assessed Value
$82,150
Average Robeson County Assessed Value
$69,800
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pembroke, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28372 | $36,500 | $54,100 | $82,150 | $124,800 | $186,430 |
Source: Ownwell
Property Tax Bills Across Pembroke, North Carolina
In Pembroke, Robeson County, NC, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The median home price in Pembroke stands at $82,150. Homeowners in this area can expect a property tax bill that varies significantly depending on their property's specific assessed value and applicable tax rate. For instance, the tax bill for homes in the 25th percentile is around $471, while those in the 75th percentile see bills closer to $1,086. At the 90th percentile, homeowners might face tax bills as high as $1,623. These tax bills are influenced by multiple factors, including the property's market value, any applicable exemptions, and the local tax rate set by Robeson County. The highest and lowest median tax bills both fall at $714 in the 28372 zip code, indicating some level of consistency within the area. Compared to the national median property tax rate of 0.99%, homeowners in Pembroke experience a relatively moderate tax burden, which can impact their overall housing costs and affordability.
Average Pembroke Tax Bill
$714
Average Robeson County Tax Bill
$623
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Pembroke, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28372 | $316 | $471 | $714 | $1,086 | $1,623 |
Source: Ownwell