Rockingham County, North Carolina Property Taxes
The median property tax rate in Rockingham County is 0.81%, which is slightly lower than the North Carolina state median of 0.82% and below the national median of 0.99%. With a median home value of $76,220, the typical annual property tax bill in Rockingham County amounts to $704, significantly less than the national median of $2,690. Property taxes here are calculated based on the assessed value, which often falls below the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding Rockingham County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide substantial annual savings. Whether you live in Reidsville or another part of Rockingham County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Rockingham County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.81%
Estimate Property Tax Bill
$617
$573
Ownwell’s Rockingham County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Rockingham County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Rockingham 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 Rockingham County, North Carolina
Property taxes in Rockingham County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Rockingham County is 0.81%, which is lower than the U.S. national median of 0.99%. Local government entities within Rockingham County set these rates annually, and they can vary significantly between different areas within the county. Each year, Rockingham 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. Analyzing how Rockingham County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape. For comparison, the city of Maywood has one of the higher property tax rates at 1.70%, while the city of Pelham boasts one of the lowest at 0.76%.
Average Rockingham County Tax Rate
0.81%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rockingham County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Browns Summit | 0.79% | 0.80% | 0.80% | 0.81% | 0.84% |
| Eden | 0.77% | 0.80% | 1.30% | 1.30% | 1.30% |
| Gibsonville | 0.53% | 0.80% | 0.81% | 0.81% | 0.98% |
| Madison | 0.78% | 0.80% | 0.81% | 1.30% | 1.43% |
| Mayodan | 0.80% | 0.81% | 0.93% | 1.39% | 1.39% |
| Maywood | N/A | N/A | N/A | N/A | N/A |
| Pelham | 0.69% | 0.76% | 0.76% | 0.83% | 0.83% |
| Reidsville | 0.77% | 0.79% | 0.80% | 1.43% | 1.43% |
| Ruffin | 0.45% | 0.70% | 0.77% | 0.82% | 0.83% |
| Sandy Ridge | N/A | N/A | N/A | N/A | N/A |
| Stokesdale | 0.78% | 0.80% | 0.81% | 0.82% | 0.84% |
| Stoneville | 0.70% | 0.80% | 0.80% | 0.81% | 1.38% |
| Summerfield | 0.79% | 0.79% | 0.80% | 0.81% | 0.85% |
| Wentworth | 0.78% | 0.79% | 0.82% | 1.42% | 1.43% |
Source: Ownwell
Property Tax Assessment Values Across Rockingham County, North Carolina
In Rockingham 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 Rockingham 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 Rockingham 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 Rockingham County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. Sandy Ridge has the highest median tax bill at $1,545, while Pelham has the lowest at $471.
Property Tax Assessment Values Across Rockingham County, North Carolina
Source: Ownwell
$5,631
$70,151
$134,671
Average Rockingham County Assessed Value
$76,220
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Rockingham County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Browns Summit | $23,935 | $44,000 | $98,058 | $180,747 | $273,211 |
| Eden | $5,494 | $25,256 | $59,547 | $97,837 | $147,347 |
| Gibsonville | $15,675 | $36,262 | $93,424 | $177,964 | $316,116 |
| Madison | $10,717 | $36,789 | $82,978 | $139,064 | $210,595 |
| Mayodan | $11,180 | $36,144 | $67,926 | $100,539 | $148,322 |
| Maywood | N/A | N/A | N/A | N/A | N/A |
| Pelham | $11,123 | $25,692 | $62,783 | $107,842 | $154,695 |
| Reidsville | $10,389 | $33,796 | $80,368 | $135,396 | $217,592 |
| Ruffin | $12,591 | $34,882 | $81,504 | $134,638 | $228,877 |
| Sandy Ridge | N/A | N/A | N/A | N/A | N/A |
| Stokesdale | $27,222 | $75,564 | $134,671 | $219,419 | $317,444 |
| Stoneville | $10,911 | $30,299 | $79,366 | $129,014 | $201,718 |
| Summerfield | $21,156 | $49,589 | $103,444 | $209,060 | $384,641 |
| Wentworth | $1,624 | $3,128 | $6,016 | $26,169 | $127,718 |
Source: Ownwell
Property Tax Bills Across Rockingham County, North Carolina
Property tax bills in Rockingham County, NC, are calculated based on the assessed value of a property, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors that influence the assessed value include the property's market value, location, and any improvements made. For instance, the median home price in Rockingham County is $76,220. Homeowners in Rockingham County experience a range of tax bills, with the 25th percentile at $306 and the 75th percentile at $1,202. The 90th percentile reaches up to $1,927, indicating significant variability based on property values and specific assessments. Comparatively, the city of Sandy Ridge has the highest median tax bill at $1,545, while Pelham has the lowest at $471. These property tax rates can significantly impact homeowners, influencing their overall cost of living and potentially affecting decisions on property improvements or relocations.
Average Rockingham County Tax Bill
$704
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Rockingham County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Browns Summit | $189 | $350 | $789 | $1,446 | $2,183 |
| Eden | $60 | $256 | $603 | $1,037 | $1,608 |
| Gibsonville | $126 | $308 | $750 | $1,347 | $2,097 |
| Madison | $96 | $301 | $753 | $1,274 | $1,894 |
| Mayodan | $105 | $353 | $710 | $1,127 | $1,620 |
| Maywood | N/A | N/A | N/A | N/A | N/A |
| Pelham | $95 | $202 | $471 | $832 | $1,243 |
| Reidsville | $90 | $338 | $748 | $1,302 | $2,062 |
| Ruffin | $97 | $249 | $596 | $942 | $1,450 |
| Sandy Ridge | N/A | N/A | N/A | N/A | N/A |
| Stokesdale | $219 | $608 | $1,091 | $1,772 | $2,550 |
| Stoneville | $96 | $253 | $662 | $1,091 | $1,744 |
| Summerfield | $171 | $397 | $818 | $1,613 | $3,002 |
| Wentworth | $18 | $36 | $70 | $199 | $1,029 |
Source: Ownwell