Coats, Harnett County, North Carolina Property Taxes
Median Coats, NC effective property tax rate: 0.76%, significantly lower than the national median of 1.02%, but lower than the North Carolina state median of 0.82%.
Median Coats, NC home value: $154,025
Median annual Coats, NC tax bill: $1,406, $994 lower than the national median property tax bill of $2,400.
How are property taxes in Harnett County calculated?
Property taxes in Coats, 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 Coats’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Coats, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Coats, Harnett County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.76%
Estimate Property Tax Bill
$1,171
$1,086
Property Tax Rates Across Coats, Harnett County, North Carolina
Local government entities in North Carolina set tax rates, which can vary widely within the state. This variation is due to the annual process where each county estimates its required budget to provide 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 are involved in setting tax rates and budgets, this is the annual process in a nutshell.
In Coats, located in Harnett County, the effective property tax rate is a reflection of this process. Compared to other cities in North Carolina, Coats maintains a property tax rate that aligns with the county's financial needs and property values. When comparing Coats’ effective property tax rate to the median property tax rates in North Carolina and the U.S., it becomes evident how local decisions impact tax obligations. Understanding these dynamics can empower property owners to make informed decisions about their investments and potential tax appeals.
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 Coats 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 Harnett County Tax Rate
0.75%
Median Effective North Carolina Tax Rate
0.82%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Coats, Harnett County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27521 | 0.71% | 0.73% | 0.76% | 1.24% | 1.27% |
Source: Ownwell
Property Tax Assessment Values Across Coats, Harnett County, North Carolina
When examining property taxes in Coats, 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 Harnett 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 Harnett County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Coats.
For example, the median home price in Coats is $154,025, with tax bills ranging significantly across the county. Zip code 27521 has the highest median home price at $154,025.
Property Tax Assessment Values Across Coats, Harnett County, North Carolina
Source: Ownwell
$124,172
$203,073
$281,974
Median Coats Market Value
$154,025
Median Harnett County Market Value
$199,846
Median North Carolina Market Value
$197,136
Median United States Market Value
$235,294
Property Tax Assessment Values Across Coats, Harnett County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27521 | $74,795 | $110,110 | $154,025 | $221,441 | $309,868 |
Source: Ownwell
Property Tax Bills Across Coats, Harnett County, North Carolina
Median Coats Tax Bill
$1,406
Median Harnett County Tax Bill
$1,570
Median North Carolina Tax Bill
$1,615
Median United States Tax Bill
$2,400
Property Tax Bills Across Coats, Harnett County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27521 | $659 | $973 | $1,406 | $1,904 | $2,411 |
Source: Ownwell