Property Taxes in Hobbsville, North Carolina
Median Hobbsville, North Carolina effective property tax rate: 0.76%, significantly lower than the national median of 1.02%, and lower than the North Carolina state median of 0.81%.
Median Hobbsville, North Carolina home value: $179,180
Median annual Hobbsville, North Carolina tax bill: $1,279, lower than the national median property tax bill of $2,400.
How are property taxes in Chowan calculated?
Property taxes in Hobbsville, North Carolina 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 Hobbsville's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hobbsville, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Hobbsville Property Tax Calculator Work?
Use this Hobbsville property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Hobbsville's median effective tax rate of 0.76% — based on actual property records in Chowan County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Hobbsville's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Hobbsville: rates range from 0.76% in 27946 to 0.76% in 27946, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Hobbsville.
About Hobbsville Property Taxes
About Property Taxes in Hobbsville, Chowan, North Carolina
Hobbsville’s median effective property tax rate of 0.76% is lower than the North Carolina state median of 0.81% and lower than the national median of 1.02%. This rate reflects the Chowan County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Hobbsville. Homeowners in the 27946 ZIP code carry a median effective rate of 0.76%, while those in the lowest ZIP pay 0.76%. This spread reflects how school district boundaries and local assessment districts are drawn across Chowan County. Understanding which part of Hobbsville you live in can make a meaningful difference to your annual tax bill.
Hobbsville homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the May 4, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Hobbsville, Chowan County, North Carolina
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because 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.
Below, you can compare Hobbsville's effective property tax rate to other cities in North Carolina and the median property tax rates in North Carolina and the U.S.
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 Hobbsville Tax Rate
0.76%
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 Chowan County Tax Rate
0.77%
Median Effective North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Hobbsville, Chowan County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27946 | 0.42% | 0.76% | 0.76% | 0.77% | 0.77% |
Source: Ownwell
Property Tax Assessment Values Across Hobbsville, Chowan County, North Carolina
When examining property taxes in Hobbsville, 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 Chowan 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.
Assessment notices are sent in March each year and typically reach your mailbox by the middle of the month. 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.
For example, the median home price in Hobbsville is $179,180, with tax bills ranging across the county. The median property tax bill is $1,279, below the national median property tax bill of $2,400 and the national median property tax rate of 1.02%.
Property Tax Assessment Values Across Hobbsville, Chowan County, North Carolina
Source: Ownwell
$139,402
$159,291
$179,180
Median Hobbsville Market Value
$179,180
Median Chowan County Market Value
$148,708
Median North Carolina Market Value
$221,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Hobbsville, Chowan County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27946 | $88,155 | $116,136 | $179,180 | $242,262 | $338,198 |
Source: Ownwell
Property Tax Bills Across Hobbsville, Chowan County, North Carolina
Hobbsville property tax bills are determined by multiplying a home’s assessed value by the local tax rate. The assessed value is based on the market value of the property, and local officials use that value to calculate how much tax a homeowner owes each year. Factors such as the home’s condition, location, and any changes in the local market can affect the assessed value and, in turn, the final bill.
In Hobbsville, the median home price is $179,180, and the median property tax bill is $1,279. That amount is below the national median property tax bill of $2,400, which can make the area more affordable for some homeowners. Tax bills can still vary widely, with the 25th percentile at $770 and the 75th percentile at $1,828. For homeowners, a higher assessed value usually means a higher tax bill, so understanding how the calculation works is important.
Median Hobbsville Tax Bill
$1,279
Median Chowan County Tax Bill
$1,161
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$3,209
Property Tax Bills Across Hobbsville, Chowan County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27946 | $444 | $770 | $1,279 | $1,828 | $2,161 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | May 11 |
Links | |
|---|---|
| Chowan Tax Assessor | |
| Website | taxonline.chowancountync.email |