Robbinsville, North Carolina Property Taxes
The median property tax rate in Robbinsville, NC is 0.43%, significantly lower than both the national median of 0.99% and the North Carolina state median of 0.82%. With a median home value of $169,020 in Robbinsville, the typical annual property tax bill amounts to $740, which is well below the national median of $2,690. Property taxes in Robbinsville are calculated based on the tax assessed value, often lower than the market value due to various exemptions, including those for primary residences and agricultural properties. Understanding Robbinsville'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 Robbinsville or another part of the county, gaining insight into the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Robbinsville, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.43%
Estimate Property Tax Bill
$727
$674
Ownwell’s Robbinsville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Robbinsville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Robbinsville 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 Robbinsville, North Carolina
Property taxes in Robbinsville, North Carolina, are essential for funding crucial local services, including public schools, road maintenance, and emergency services. The median tax rate in Robbinsville is 0.43%, which is notably lower than both the North Carolina state median and the U.S. national median of 0.99%. Local government entities within Robbinsville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Robbinsville 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 Robbinsville's effective property tax rate to other counties in North Carolina and the national median. For comparison, the 28771 zip code has the highest median property tax rate of 0.43%, while the same zip code holds the lowest median tax rate of 0.43%. Understanding how these cities compare with Robbinsville provides valuable insights into the varying tax landscape across Graham County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Robbinsville Tax Rate
0.43%
Average Swain County Tax Rate
0.44%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Robbinsville, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
28771 | 0.39% | 0.41% | 0.43% | 0.45% | 0.47% |
Source: Ownwell
Property Tax Assessment Values Across Robbinsville, North Carolina
In Robbinsville, 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 Graham 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 Robbinsville, 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 Robbinsville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price here is $169,020, with tax bills ranging from $602 at the 25th percentile to $1,352 at the 90th percentile. The zip code 28771 has both the highest and lowest median tax bill at $740.
Property Tax Assessment Values Across Robbinsville, North Carolina
Source: Ownwell
$132,630
$289,835
$447,040
Average Robbinsville Assessed Value
$169,020
Average Swain County Assessed Value
$144,900
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Robbinsville, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
28771 | $105,756 | $134,100 | $169,020 | $241,620 | $356,422 |
Source: Ownwell
Property Tax Bills Across Robbinsville, North Carolina
In Robbinsville, located in Swain County, NC, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the market value of the property. For Robbinsville, the median home price is $169,020. The tax rate is applied to this assessed value to calculate the annual tax bill. Several factors influence the amount a homeowner pays in property taxes. These include the home's assessed value, the local tax rate, and any applicable exemptions or deductions. Homeowners in Robbinsville can expect their tax bills to vary, with the 25th percentile tax bill at $602, the 75th percentile at $986, and the 90th percentile reaching $1352. The highest and lowest median tax bills in the area both stand at $740, which is below the national median property tax rate of 0.99%. Understanding these factors helps homeowners anticipate their financial obligations and better manage their budgets.
Average Robbinsville Tax Bill
$740
Average Swain County Tax Bill
$651
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Robbinsville, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
28771 | $496 | $602 | $740 | $986 | $1,352 |
Source: Ownwell