Stedman, Cumberland County, North Carolina Property Taxes

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

Median Stedman, NC effective property tax rate: 1.17%, significantly higher than the national median of 1.02%, but lower than the North Carolina state median of 0.82%.
Median Stedman, NC home value: $116,565
Median annual Stedman, NC tax bill: $1,314, $1,086 lower than the national median property tax bill of $2,400.

How are property taxes in Cumberland calculated?

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

Last Updated March 1, 2025

Stedman, Cumberland County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.17%

Estimate Property Tax Bill

$1,364

$1,266

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

Property Tax Rates Across Stedman, Cumberland County, North Carolina

Local government entities set tax rates, which can vary widely within a state. This is 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 Stedman’s effective property tax rate to other cities in North Carolina and the median property tax rates in North Carolina and the U.S. Stedman, located in Cumberland County, has an effective property tax rate of 1.17%. This is slightly above the national median property tax rate of 1.02%. Despite this, Stedman’s rate is consistent with the highest and lowest median tax rates within its zip code, 28391. When considering the national median property tax bill of $2400, property owners in Stedman may find their tax bills slightly higher. Understanding these differences can help property owners make informed decisions about appeals and exemptions, ensuring they only pay their fair share.

Property Tax Rates Across Stedman, 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 Stedman Tax Rate

1.17%

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 Stedman, Cumberland County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
28391	0.93%	1.04%	1.17%	1.29%	1.50%

Source: Ownwell

Property Tax Assessment Values Across Stedman, Cumberland County, North Carolina

When examining property taxes in Stedman, 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 May. 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 Stedman is $116,565, with tax bills ranging significantly across the county. Zip code 28391 has the highest median home price at $116,565. Understanding these values helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Stedman.

Property Tax Assessment Values Across Stedman, Cumberland County, North Carolina

Source: Ownwell

$61,026

$105,235

$149,444

Median Stedman Market Value

$116,565

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 Stedman, Cumberland County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
28391	$32,799	$61,223	$116,565	$180,560	$234,767

Source: Ownwell

Property Tax Bills Across Stedman, Cumberland County, North Carolina

In Stedman, located in Cumberland County, NC, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This value is then multiplied by the local tax rate to determine the annual tax bill. With a median home price of $116,565, Stedman homeowners face tax bills that can vary significantly. For instance, the tax bill at the 25th percentile is $714, while at the 75th percentile, it rises to $1,963, and at the 90th percentile, it reaches $2,409. These figures highlight how property taxes can impact homeowners' finances, especially when compared to the national median property tax bill of $2,400. Ownwell offers a solution by providing property tax appeal and exemption services. By leveraging their expertise, homeowners in Stedman can potentially lower their tax bills and save money. Ownwell's services ensure that property assessments are fair, helping homeowners navigate the complexities of property tax regulations and achieve potential savings.

Property Tax Bills Across Stedman, Cumberland County, North Carolina

Source: Ownwell

$715

$1,647

$2,578

Median Stedman Tax Bill

$1,314

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 Stedman, Cumberland County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
28391	$400	$714	$1,314	$1,963	$2,409

Source: Ownwell