Stoneville, Rockingham County, North Carolina Property Taxes

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

Median STONEVILLE, NC effective property tax rate: 0.80%, significantly lower than the national median of 1.02%, but lower than the NC state median of 0.82%.
Median STONEVILLE, NC home value: $79,366
Median annual STONEVILLE, NC tax bill: $662, $1,738 lower than the national median property tax bill of $2,400.

How are property taxes in Rockingham calculated?

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

Last Updated March 1, 2025

Stoneville, Rockingham County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.8%

Estimate Property Tax Bill

$635

$589

Ownwell’s Stoneville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Stoneville with just two data points. By entering your property's estimated assessed value, our calculator applies Stoneville’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 Rockingham County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Stoneville, Rockingham County, North Carolina

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide 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 Stoneville, located within Rockingham County, the effective property tax rate reflects these local calculations. The median property tax rate here is 0.80%, which is notably lower than the national median property tax rate of 1.02%. This difference can result in significant savings for property owners in Stoneville compared to the national average.

When comparing Stoneville’s effective property tax rate to other cities in North Carolina, it's clear that local governance and budgetary needs significantly influence tax rates. The median property tax rate in Stoneville is consistent with the highest and lowest rates observed within its zip code, offering a stable tax environment for residents. This stability can be a key factor for homeowners considering property investments in the area.

Property Tax Rates Across Stoneville, Rockingham County, North Carolina

Source: Ownwell

0.76%

1.09%

1.42%

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 Stoneville Tax Rate

0.80%

Median Effective Rockingham County Tax Rate

0.81%

Median Effective North Carolina Tax Rate

0.82%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Stoneville, Rockingham County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
27048	0.70%	0.80%	0.80%	0.81%	1.38%

Source: Ownwell

Property Tax Assessment Values Across Stoneville, Rockingham County, North Carolina

When examining property taxes in Stoneville, North Carolina, 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 Rockingham County Tax Office 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 Rockingham County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Stoneville. For example, the median home price in Stoneville is $79,366, with tax bills ranging significantly across the county. ZIP code 27048 has the highest median home price at $79,366.

Property Tax Assessment Values Across Stoneville, Rockingham County, North Carolina

Source: Ownwell

$5,631

$70,151

$134,671

Median Stoneville Market Value

$79,366

Median Rockingham County Market Value

$76,220

Median North Carolina Market Value

$197,136

Median United States Market Value

$235,294

Property Tax Assessment Values Across Stoneville, Rockingham County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
27048	$10,911	$30,299	$79,366	$129,014	$201,718

Source: Ownwell

Property Tax Bills Across Stoneville, Rockingham County, North Carolina

In Stoneville, located in Rockingham County, NC, property tax bills are calculated based on the assessed value of a home, which is determined by the county tax assessor. The assessed value is typically a percentage of the home's market value, and the local tax rate is then applied to this assessed value to determine the annual tax bill. Factors such as changes in the local tax rate, adjustments in assessed home values, and any applicable exemptions can influence the final tax bill. For homeowners in Stoneville, the property tax bill varies, with the 25th percentile at $253 and the 75th percentile reaching $1,091. The median tax bill for the area is $662, which is significantly lower than the national median of $2,400. Ownwell offers services that can help homeowners in Stoneville reduce their property tax bills by appealing inaccurate assessments and ensuring all eligible exemptions are applied. This can lead to substantial savings and alleviate the financial burden on homeowners.

Property Tax Bills Across Stoneville, Rockingham County, North Carolina

Source: Ownwell

$59

$575

$1,091

Median Stoneville Tax Bill

$662

Median Rockingham County Tax Bill

$704

Median North Carolina Tax Bill

$1,615

Median United States Tax Bill

$2,400

Property Tax Bills Across Stoneville, Rockingham County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
27048	$96	$253	$662	$1,091	$1,744

Source: Ownwell