Murfreesboro, Hertford County, North Carolina Property Taxes

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

Median Murfreesboro, NC effective property tax rate: 1.50%, significantly higher than the national median of 1.02%, but lower than the NC state median of 0.82%.
Median Murfreesboro, NC home value: $64,321
Median annual Murfreesboro, NC tax bill: $809, $1,591 lower than the national median property tax bill of $2,400.

How are property taxes in Hertford calculated?

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

Last Updated March 1, 2025

Murfreesboro, Hertford County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.5%

Estimate Property Tax Bill

$965

$895

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

Property Tax Rates Across Murfreesboro, Hertford County, North Carolina

Local government entities determine tax rates, which can vary significantly within a state. Annually, each county estimates the budget needed to provide services and divides that by the total value of all taxable property in its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.

In Murfreesboro, located in Hertford County, the effective property tax rate is notable when compared to other cities in North Carolina and the national median. With a median property tax rate of 1.50%, Murfreesboro stands out against the national median of 1.02%. This difference can impact homeowners, as property taxes are a significant factor in the overall cost of owning a home. Understanding these rates is crucial for property owners looking to manage their expenses effectively. Comparing these rates with other areas can provide valuable insights for those considering property investments or relocations.

Property Tax Rates Across Murfreesboro, Hertford County, North Carolina

Source: Ownwell

0.92%

1.21%

1.50%

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 Murfreesboro Tax Rate

1.50%

Median Effective Hertford County Tax Rate

1.29%

Median Effective North Carolina Tax Rate

0.82%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Murfreesboro, Hertford County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
27855	0.84%	1.07%	1.50%	1.50%	1.61%

Source: Ownwell

Property Tax Assessment Values Across Murfreesboro, Hertford County, North Carolina

When examining property taxes in Murfreesboro, 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 Hertford 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 Hertford 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 Murfreesboro. For example, the median home price in Murfreesboro is $64,321, with tax bills ranging significantly across the county. The 27855 zip code has the highest median home price at $64,321.

Property Tax Assessment Values Across Murfreesboro, Hertford County, North Carolina

Source: Ownwell

$48,381

$74,027

$99,672

Median Murfreesboro Market Value

$64,321

Median Hertford County Market Value

$63,714

Median North Carolina Market Value

$197,136

Median United States Market Value

$235,294

Property Tax Assessment Values Across Murfreesboro, Hertford County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
27855	$14,175	$32,557	$64,321	$116,607	$170,445

Source: Ownwell

Property Tax Bills Across Murfreesboro, Hertford County, North Carolina

In Murfreesboro, located in Hertford County, NC, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. For homeowners, understanding these factors is crucial, as the median property tax bill in the area is $809, significantly lower than the national median of $2,400. However, even with a relatively low tax bill, homeowners in Murfreesboro can face variations; the 25th percentile tax bill is $479, while the 75th percentile reaches $1,451, and the 90th percentile can be as high as $2,161. These variations highlight the importance of ensuring your property is assessed accurately. Ownwell can assist homeowners by providing expert property tax appeal services, potentially lowering their tax bills. By identifying discrepancies in assessed values and navigating the appeal process, Ownwell helps homeowners achieve fair tax assessments, ultimately leading to savings on their property tax bills.

Property Tax Bills Across Murfreesboro, Hertford County, North Carolina

Source: Ownwell

$600

$792

$983

Median Murfreesboro Tax Bill

$809

Median Hertford County Tax Bill

$793

Median North Carolina Tax Bill

$1,615

Median United States Tax Bill

$2,400

Property Tax Bills Across Murfreesboro, Hertford County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
27855	$162	$479	$809	$1,451	$2,161

Source: Ownwell