Spring Lake, Cumberland County, North Carolina Property Taxes

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

Median Spring Lake, NC effective property tax rate: 1.61%, significantly higher than the national median of 1.02%, but lower than the North Carolina state median of 0.82%. Median Spring Lake, NC home value: $85,190. Median annual Spring Lake, NC tax bill: $1,232, $1,168 lower than the national median property tax bill of $2,400.

How are property taxes in Cumberland calculated?

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

Last Updated March 1, 2025

Spring Lake, Cumberland County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.61%

Estimate Property Tax Bill

$1,372

$1,273

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

Property Tax Rates Across Spring Lake, Cumberland County, North Carolina

Local government entities set tax rates, and these can vary significantly within a state. Annually, each county estimates its required budget to provide essential services, dividing that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell. Spring Lake in Cumberland County, NC, stands out with its property tax rate of 1.61%. This rate is notably higher than the national median property tax rate of 1.02%. The property tax rate in Spring Lake is consistent throughout the area, as both the highest and lowest median tax rates in the region are the same. This reflects a uniform approach to property taxation within the community. Spring Lake's higher rate could be attributed to the county's need to meet its budgetary requirements, ensuring the provision of necessary services to its residents.

Property Tax Rates Across Spring Lake, Cumberland County, North Carolina

Source: Ownwell

1.10%

1.42%

1.75%

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 Spring Lake Tax Rate

1.61%

Median Effective Cumberland County Tax Rate

1.48%

Median Effective North Carolina Tax Rate

0.82%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Spring Lake, Cumberland County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
28390	0.90%	1.02%	1.61%	1.78%	2.42%

Source: Ownwell

Property Tax Assessment Values Across Spring Lake, Cumberland County, North Carolina

When examining property taxes in Spring Lake, NC, 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 Cumberland 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 Cumberland County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Spring Lake.

For example, the median home price in Spring Lake is $85,190, with tax bills ranging significantly across the county. Zip code 28390 has the highest median home price at $85,190.

Property Tax Assessment Values Across Spring Lake, Cumberland County, North Carolina

Source: Ownwell

$61,026

$105,235

$149,444

Median Spring Lake Market Value

$85,190

Median Cumberland County Market Value

$115,098

Median North Carolina Market Value

$197,136

Median United States Market Value

$235,294

Property Tax Assessment Values Across Spring Lake, Cumberland County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
28390	$32,448	$65,152	$85,190	$101,370	$126,256

Source: Ownwell

Property Tax Bills Across Spring Lake, Cumberland County, North Carolina

In Spring Lake, NC, property tax bills are determined by the assessed value of the home, which is calculated based on the market value. The tax rate in Cumberland County is applied to this assessed value to determine the annual tax bill. For homeowners in Spring Lake, the median tax bill is $1,232, which is notably lower than the national median of $2,400. However, tax bills can vary significantly, with the 25th percentile at $748 and the 90th percentile reaching $1,963. These variations are influenced by factors such as property location, size, and any applicable exemptions.

For homeowners, these taxes represent a significant annual expense. Ownwell offers valuable assistance by helping homeowners appeal their property tax assessments, ensuring they are not overpaying. By analyzing property data and market trends, Ownwell identifies opportunities for tax savings and guides homeowners through the appeal process. This service can lead to substantial reductions in property tax bills, providing financial relief and peace of mind for homeowners in Spring Lake.

Property Tax Bills Across Spring Lake, Cumberland County, North Carolina

Source: Ownwell

$715

$1,647

$2,578

Median Spring Lake Tax Bill

$1,232

Median Cumberland County Tax Bill

$1,668

Median North Carolina Tax Bill

$1,615

Median United States Tax Bill

$2,400

Property Tax Bills Across Spring Lake, Cumberland County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
28390	$556	$748	$1,232	$1,607	$1,963

Source: Ownwell