Oakboro, Stanly County, North Carolina Property Taxes

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

Median Oakboro, NC effective property tax rate: 0.72%, significantly lower than the national median of 1.02%, but lower than the North Carolina state median of 0.82%.
Median Oakboro, NC home value: $154,270
Median annual Oakboro, NC tax bill: $1,123, $1,277 lower than the national median property tax bill of $2,400.

How are property taxes in Stanly County calculated?

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

Last Updated March 1, 2025

Oakboro, Stanly County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.72%

Estimate Property Tax Bill

$1,111

$1,031

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

Property Tax Rates Across Oakboro, Stanly County, North Carolina

Local government entities determine tax rates, which can vary significantly within North Carolina. Each year, counties like Stanly estimate their budget needs for public services and divide this by the total value of all taxable property within their borders, resulting in the property tax rate. Although the process involves legislation and public voting, this is the essence of how tax rates are set annually. In Oakboro, located in Stanly County, the effective property tax rate can be compared to other cities in North Carolina, as well as to the state's median property tax rate and the national median. Oakboro's rate provides a unique perspective on property taxes within the state, highlighting both the differences and similarities in tax burdens across various regions. With North Carolina's median property tax rate being notably lower than the national median, homeowners in Oakboro benefit from relatively lower property taxes, making it an appealing area for property investment and homeownership.

Property Tax Rates Across Oakboro, Stanly County, North Carolina

Source: Ownwell

0.68%

0.95%

1.22%

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 Oakboro Tax Rate

0.72%

Median Effective Stanly County Tax Rate

0.76%

Median Effective North Carolina Tax Rate

0.82%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Oakboro, Stanly County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
28129	0.24%	0.69%	0.72%	1.02%	1.02%

Source: Ownwell

Property Tax Assessment Values Across Oakboro, Stanly County, North Carolina

When examining property taxes in Oakboro, 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 Stanly County Tax Office 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 Stanly 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 Oakboro. For example, the median home price in Oakboro is $154,270, with tax bills ranging significantly across the county. 28129 has the highest median home price at $154,270.

Property Tax Assessment Values Across Oakboro, Stanly County, North Carolina

Source: Ownwell

$56,852

$134,651

$212,449

Median Oakboro Market Value

$154,270

Median Stanly County Market Value

$133,890

Median North Carolina Market Value

$197,136

Median United States Market Value

$235,294

Property Tax Assessment Values Across Oakboro, Stanly County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
28129	$66,822	$101,885	$154,270	$220,524	$309,798

Source: Ownwell

Property Tax Bills Across Oakboro, Stanly County, North Carolina

In Oakboro, Stanly County, NC, property tax bills are determined by the assessed value of a home, which is a percentage of its market value. With a median home price of $154,270, the property tax bills vary, with the 25th percentile at $649 and the 75th percentile reaching $1,749. The highest median tax bill in the area is $1,123, which is significantly lower than the national median property tax bill of $2,400. This indicates that while property taxes in Oakboro are relatively modest compared to national figures, they can still have a notable impact on homeowners' finances. Factors influencing these taxes include local government budgets and public service funding needs. Ownwell offers a valuable service to homeowners by providing expert property tax appeal and exemption services. By analyzing individual property assessments and identifying potential discrepancies, Ownwell helps homeowners reduce their tax burden, ensuring they only pay their fair share. This service can lead to substantial savings, easing the financial pressure on property owners in Oakboro.

Property Tax Bills Across Oakboro, Stanly County, North Carolina

Source: Ownwell

$692

$1,269

$1,845

Median Oakboro Tax Bill

$1,123

Median Stanly County Tax Bill

$1,079

Median North Carolina Tax Bill

$1,615

Median United States Tax Bill

$2,400

Property Tax Bills Across Oakboro, Stanly County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
28129	$297	$649	$1,123	$1,749	$2,491

Source: Ownwell