Eden, North Carolina Property Taxes
The median property tax rate in Eden, NC is 1.30%, considerably higher than both the national median of 0.99% and North Carolina's state median of 0.82%. With the median home value in Eden at $59,547, the typical annual property tax bill reaches $603, which is notably lower than the national median of $2,690. Property taxes in Eden are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Eden'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 Eden 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
Eden, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.3%
Estimate Property Tax Bill
$774
$718
Ownwell’s Eden Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Eden with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Eden 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 Eden, North Carolina
Property taxes in Eden, North Carolina, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Eden is 1.30%, higher than both the North Carolina state median and the U.S. national median of 0.99%. Local government entities within Eden set these rates annually, and they can vary significantly across different neighborhoods. Each year, Eden 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 Eden's effective property tax rate to other counties in North Carolina and the national median. For comparison, the 27025 zip code has the highest median property tax rate of 1.42%, while the 27326 zip code has the lowest median tax rate of 0.70%. Understanding how these cities compare with Eden provides valuable insights into the varying tax landscape across Rockingham County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Eden Tax Rate
1.30%
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 Eden, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27025 | 0.80% | 0.80% | 1.42% | 1.43% | 1.43% |
| 27027 | 0.81% | 0.81% | 1.09% | 1.36% | 1.36% |
| 27048 | 0.79% | 0.79% | 0.80% | 0.80% | 0.81% |
| 27288 | 0.77% | 0.80% | 1.30% | 1.30% | 1.30% |
| 27320 | 0.78% | 0.78% | 0.79% | 1.43% | 1.43% |
| 27326 | 0.69% | 0.70% | 0.70% | 0.76% | 0.94% |
| 27357 | 0.82% | 0.82% | 0.82% | 0.82% | 0.82% |
Source: Ownwell
Property Tax Assessment Values Across Eden, North Carolina
In Eden, 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 Rockingham 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 Eden, 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 Eden helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 27357 at $748, while the lowest is 27048 at $144.
Average Eden Assessed Value
$59,547
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 Eden, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27025 | $3,090 | $3,531 | $5,631 | $16,282 | $24,030 |
| 27027 | $2,614 | $4,444 | $7,220 | $9,873 | $11,479 |
| 27048 | $3,837 | $6,406 | $14,882 | $22,402 | $27,555 |
| 27288 | $5,882 | $26,952 | $60,895 | $98,716 | $148,596 |
| 27320 | $1,623 | $3,397 | $9,532 | $16,494 | $20,000 |
| 27326 | $5,537 | $9,288 | $11,352 | $29,921 | $58,631 |
| 27357 | $91,169 | $91,169 | $91,169 | $91,169 | $91,169 |
Source: Ownwell
Property Tax Bills Across Eden, North Carolina
In Eden, property tax bills are calculated based on the assessed value of your home and the local tax rate set by Rockingham County. The assessed value is determined by the county assessor and reflects the market value of your property. For example, with a median home price of $59,547, homeowners in Eden can expect their property tax bills to vary significantly depending on their home's assessed value and specific location within the city. The tax bill is influenced by several factors, including property size, location, and any applicable exemptions. Homeowners in Eden typically see tax bills ranging from $256 at the 25th percentile to $1,608 at the 90th percentile. The highest median tax bill in the area is $748 in zip code 27357, while the lowest is $144 in zip code 27048. This variation can significantly impact homeowners, as those in higher-tax areas may face a larger financial burden compared to those in lower-tax areas. Understanding these factors can help homeowners better anticipate and manage their property tax obligations.
Average Eden Tax Bill
$603
Average Rockingham County Tax Bill
$704
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Eden, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27025 | $44 | $47 | $70 | $145 | $193 |
| 27027 | $35 | $59 | $74 | $81 | $93 |
| 27048 | $31 | $56 | $144 | $180 | $217 |
| 27288 | $64 | $277 | $614 | $1,044 | $1,623 |
| 27320 | $21 | $32 | $79 | $157 | $196 |
| 27326 | $48 | $71 | $79 | $208 | $407 |
| 27357 | $748 | $748 | $748 | $748 | $748 |
Source: Ownwell