Hobbsville, Chowan County, North Carolina Property Taxes
Median Hobbsville, NC effective property tax rate: 0.73%, significantly lower than the national median of 1.02%, but lower than the North Carolina state median of 0.82%.
Median Hobbsville, NC home value: $182,828
Median annual Hobbsville, NC tax bill: $1,231, $1,169 lower than the national median property tax bill of $2,400.
How are property taxes in Chowan calculated?
Property taxes in Hobbsville, 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 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 March 1, 2025
Hobbsville, Chowan County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.73%
Estimate Property Tax Bill
$1,335
$1,239
Property Tax Rates Across Hobbsville, Chowan County, North Carolina
Local government entities are responsible for setting tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the essence of the annual process.
In Hobbsville, located in Chowan County, the effective property tax rate is a key figure to consider. When comparing this rate to other cities in North Carolina and the median property tax rates in the state and across the U.S., it provides valuable insight into the local tax landscape. North Carolina's median property tax rate stands at 0.73%, which is below the national median of 1.02%. This means property owners in Hobbsville benefit from relatively lower property tax rates compared to the national average, making it an appealing location for homeowners seeking affordability in property taxes.
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
0.73%
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
0.74%
Median Effective North Carolina Tax Rate
0.82%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Hobbsville, Chowan County, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
27946 | 0.37% | 0.59% | 0.73% | 0.74% | 0.74% |
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 appraisal district 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 Chowan County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of the season. 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 Hobbsville. For example, the median home price in Hobbsville is $182,828, with tax bills ranging significantly across the county. Zip code 27946 has the highest median home price at $182,828.
Property Tax Assessment Values Across Hobbsville, Chowan County, North Carolina
Source: Ownwell

$139,402
$161,115
$182,828
Median Hobbsville Market Value
$182,828
Median Chowan County Market Value
$147,626
Median North Carolina Market Value
$197,136
Median United States Market Value
$235,294
Property Tax Assessment Values Across Hobbsville, Chowan County, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
27946 | $89,468 | $116,958 | $182,828 | $241,940 | $329,475 |
Source: Ownwell
Property Tax Bills Across Hobbsville, Chowan County, North Carolina
Median Hobbsville Tax Bill
$1,231
Median Chowan County Tax Bill
$1,115
Median North Carolina Tax Bill
$1,615
Median United States Tax Bill
$2,400
Property Tax Bills Across Hobbsville, Chowan County, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
27946 | $411 | $701 | $1,231 | $1,753 | $2,112 |
Source: Ownwell