Lumber Bridge, Hoke County, North Carolina Property Taxes

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

Median Lumber Bridge, NC effective property tax rate: 0.89%, significantly lower than the national median of 1.02%, but higher than the North Carolina state median of 0.82%.
Median Lumber Bridge, NC home value: $158,840
Median annual Lumber Bridge, NC tax bill: $1,353, $1,047 lower than the national median property tax bill of $2,400.

How are property taxes in Hoke County calculated?

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

Last Updated March 1, 2025

Lumber Bridge, Hoke County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.89%

Estimate Property Tax Bill

$1,414

$1,312

Ownwell’s Lumber Bridge Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Lumber Bridge with just two data points.

By entering your property's estimated assessed value, our calculator applies Lumber Bridge’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 Hoke County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Lumber Bridge, Hoke County, North Carolina

Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each year, counties estimate their required budgets to provide essential services and divide this by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is essentially the annual process. In Lumber Bridge, located in Hoke County, the effective property tax rate stands at 0.89%. When compared to the national median property tax rate of 1.02%, Lumber Bridge offers a more favorable rate. Additionally, the median property tax bill in the U.S. is $2,400, which provides a benchmark for understanding local tax burdens. By understanding these comparisons, property owners in Lumber Bridge can better appreciate their relative tax position within North Carolina and nationally.

Property Tax Rates Across Lumber Bridge, Hoke County, North Carolina

Source: Ownwell

0.87%

0.93%

0.99%

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 Lumber Bridge Tax Rate

0.89%

Median Effective Hoke County Tax Rate

0.88%

Median Effective North Carolina Tax Rate

0.82%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Lumber Bridge, Hoke County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
28357	0.67%	0.83%	0.89%	0.96%	1.07%

Source: Ownwell

Property Tax Assessment Values Across Lumber Bridge, Hoke County, North Carolina

When examining property taxes in Lumber Bridge, 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 Hoke 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 Hoke 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 Lumber Bridge. For example, the median home price in Lumber Bridge is $158,840, with tax bills ranging significantly across the county. Zip code 28357 has the highest median home price at $158,840.

Property Tax Assessment Values Across Lumber Bridge, Hoke County, North Carolina

Source: Ownwell

$74,340

$136,390

$198,440

Median Lumber Bridge Market Value

$158,840

Median Hoke County Market Value

$178,870

Median North Carolina Market Value

$197,136

Median United States Market Value

$235,294

Property Tax Assessment Values Across Lumber Bridge, Hoke County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
28357	$42,327	$74,668	$158,840	$229,280	$306,445

Source: Ownwell

Property Tax Bills Across Lumber Bridge, Hoke County, North Carolina

Property tax bills in Lumber Bridge, located in Hoke County, NC, 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. In Lumber Bridge, the median home price is $158,840, and property tax bills can vary significantly. For example, the 25th percentile tax bill is $694, while the 75th percentile tax bill is $1,985. Comparatively, the national median property tax bill is $2,400, indicating that Lumber Bridge homeowners generally pay less. However, with the highest median tax bill in the area being $1,353, there is still a substantial financial burden for some residents. Ownwell can help homeowners in Lumber Bridge by reviewing their property assessments and identifying potential savings. By appealing inaccurate assessments and ensuring that homeowners are benefiting from all eligible exemptions, Ownwell can help reduce property tax bills, providing financial relief and peace of mind.

Property Tax Bills Across Lumber Bridge, Hoke County, North Carolina

Source: Ownwell

$716

$1,138

$1,560

Median Lumber Bridge Tax Bill

$1,353

Median Hoke County Tax Bill

$1,520

Median North Carolina Tax Bill

$1,615

Median United States Tax Bill

$2,400

Property Tax Bills Across Lumber Bridge, Hoke County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
28357	$393	$694	$1,353	$1,985	$2,555

Source: Ownwell