Semora, Person County, North Carolina Property Taxes
Median Semora, NC effective property tax rate: 0.78%, significantly lower than the national median of 1.02%, but lower than the North Carolina state median of 0.82%.
Median Semora, NC home value: $374,565
Median annual Semora, NC tax bill: $2,792, $392 higher than the national median property tax bill of $2,400.
How are property taxes in Person County calculated?
Property taxes in Semora, 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 Semora’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Semora, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Semora, Person County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.78%
Estimate Property Tax Bill
$2,918
$2,707
Property Tax Rates Across Semora, Person County, North Carolina
Local government entities set property tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates the budget needed to provide services and divides it by the total value of all taxable property in its jurisdiction, resulting in the property tax rate. While votes and laws play roles in setting these rates and budgets, this is the essence of the process.
In Semora, located in Person County, North Carolina, the effective property tax rate stands out when compared to other cities in the state. North Carolina's median property tax rate is lower than the national median of 1.02%. This makes Semora an attractive location for property owners seeking lower tax rates. With the national median property tax bill at $2400, North Carolina offers a more affordable option for homeowners.
By understanding the local tax rate dynamics, property owners in Semora can make informed decisions and potentially benefit from appealing or seeking exemptions. This knowledge is crucial for maximizing savings and ensuring compliance with local tax regulations.
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 Semora Tax Rate
0.78%
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 Person County Tax Rate
0.78%
Median Effective North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Semora, Person County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27343 | 0.77% | 0.77% | 0.78% | 0.80% | 0.84% |
Source: Ownwell
Property Tax Assessment Values Across Semora, Person County, North Carolina
When examining property taxes in Semora, 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 Person 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.
Assessment notices: In Person 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 Semora.
For example, the median home price in Semora is $374,565, with tax bills ranging significantly across the county. Zip code 27343 has the highest median home price at $374,565.
Property Tax Assessment Values Across Semora, Person County, North Carolina
Source: Ownwell
$94,660
$234,358
$374,056
Median Semora Market Value
$374,056
Median Person County Market Value
$125,621
Median North Carolina Market Value
$221,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Semora, Person County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27343 | $71,918 | $129,086 | $374,056 | $571,826 | $813,626 |
Source: Ownwell
Property Tax Bills Across Semora, Person County, North Carolina
Median Semora Tax Bill
$2,834
Median Person County Tax Bill
$1,057
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$2,400
Property Tax Bills Across Semora, Person County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27343 | $510 | $854 | $2,834 | $4,481 | $6,437 |
Source: Ownwell