Warrenton, Franklin County, North Carolina Property Taxes
Median Warrenton, NC effective property tax rate: 0.96%, significantly lower than the national median of 1.02%, but higher than the North Carolina state median of 0.82%.
Median Warrenton, NC home value: $62,626
Median annual Warrenton, NC tax bill: $497, $1,903 lower than the national median property tax bill of $2,400.
How are property taxes in Franklin County calculated?
Property taxes in Warrenton, 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 Warrenton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Warrenton, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Warrenton, Franklin County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.63%
Estimate Property Tax Bill
$705
$654
Ownwell’s Warrenton Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Warrenton with just two data points.
By entering your property's estimated assessed value, our calculator applies Warrenton’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 Franklin County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Warrenton, Franklin County, North Carolina
Local government entities determine property tax rates, which can differ significantly across various regions within a state. This variation is primarily due to each county's unique budgetary needs. Annually, counties assess their budgets to fund essential services and divide this by the total value of all taxable properties within their jurisdiction, resulting in the property tax rate. Though the process involves votes and legislation, this is the fundamental approach to setting tax rates each year.
In Warrenton, NC, located in Warren County, the effective property tax rate can be compared to other cities in North Carolina, as well as the median property tax rates in the state and across the nation. While North Carolina's median property tax rate stands at 0.96%, slightly below the national median of 1.02%, Warrenton's rate reflects the county's specific budgetary requirements and property values. Understanding these local nuances can be crucial for property owners seeking to manage their tax liabilities effectively.
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 Warrenton Tax Rate
0.63%
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 Franklin County Tax Rate
0.62%
Median Effective North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Warrenton, Franklin County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27589 | 0.43% | 0.57% | 0.63% | 0.67% | 0.73% |
Source: Ownwell
Property Tax Assessment Values Across Warrenton, Franklin County, North Carolina
When examining property taxes in Warrenton, 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 Franklin 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 Franklin 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 Warrenton. For example, the median home price in Warrenton is $62,626, with tax bills ranging significantly across the county. 27589 has the highest median home price at $62,626.
Property Tax Assessment Values Across Warrenton, Franklin County, North Carolina
Source: Ownwell
$111,850
$266,005
$420,160
Median Warrenton Market Value
$111,850
Median Franklin County Market Value
$285,020
Median North Carolina Market Value
$221,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Warrenton, Franklin County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27589 | $42,000 | $54,410 | $111,850 | $182,780 | $270,702 |
Source: Ownwell
Property Tax Bills Across Warrenton, Franklin County, North Carolina
Median Warrenton Tax Bill
$677
Median Franklin County Tax Bill
$1,804
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$2,400
Property Tax Bills Across Warrenton, Franklin County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27589 | $246 | $379 | $677 | $1,075 | $1,291 |
Source: Ownwell