Leasburg, Caswell County, North Carolina Property Taxes

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

Median Leasburg, NC effective property tax rate: 0.84%, significantly lower than the national median of 1.02%, but higher than the North Carolina state median of 0.82%. Median Leasburg, NC home value: $117,910. Median annual Leasburg, NC tax bill: $856, $1,544 lower than the national median property tax bill of $2,400. How are property taxes in Caswell County calculated? Property taxes in Leasburg, 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 Leasburg’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Leasburg, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Leasburg, Caswell County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.68%

Estimate Property Tax Bill

$1,056

$980

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

Property Tax Rates Across Leasburg, Caswell County, North Carolina

Local government entities set tax rates, which can vary widely within a 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 play a role in setting these rates and budgets, this is the basic annual process.

In Leasburg, located in Caswell County, the effective property tax rate is 0.84%, which is lower than the national median property tax rate of 1.02%. This means that homeowners in Leasburg may pay less in property taxes compared to the national average, offering potential savings. When compared to other cities in North Carolina, Leasburg's rate is consistent with the state’s overall median, providing a competitive edge for those considering property investments in the area. Understanding these rates can help property owners make informed decisions and potentially save on their tax bills.

Property Tax Rates Across Leasburg, Caswell County, North Carolina

Source: Ownwell

0.65%

0.69%

0.72%

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 Leasburg Tax Rate

0.68%

Median Effective Caswell County Tax Rate

0.70%

Median Effective North Carolina Tax Rate

0.81%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Leasburg, Caswell County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
27291	0.42%	0.63%	0.68%	0.73%	0.80%

Source: Ownwell

Property Tax Assessment Values Across Leasburg, Caswell County, North Carolina

When examining property taxes in Leasburg, 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 Caswell 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 Caswell 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 Leasburg. For example, the median home price in Leasburg is $117,910, with tax bills ranging significantly across the county. Zip code 27291 has the highest median home price at $117,910.

Property Tax Assessment Values Across Leasburg, Caswell County, North Carolina

Source: Ownwell

$105,870

$233,172

$360,473

Median Leasburg Market Value

$155,295

Median Caswell County Market Value

$136,803

Median North Carolina Market Value

$221,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Leasburg, Caswell County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
27291	$54,930	$94,480	$155,295	$316,103	$524,374

Source: Ownwell

Property Tax Bills Across Leasburg, Caswell County, North Carolina

In Leasburg, Caswell County, NC, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is then multiplied by the local tax rate to determine the tax bill. The median home price in Leasburg is $117,910, and the property tax bill can range significantly, with the 25th percentile at $597 and the 75th percentile reaching $1,495. This variation can impact homeowners differently, with some paying significantly more than others. Compared to the national median property tax bill of $2,400, Leasburg's tax bills are relatively lower. However, even in areas with lower tax bills, homeowners may still find their assessments higher than expected. Ownwell can assist homeowners in Leasburg by reviewing their property tax assessments, identifying potential errors or overvaluations, and appealing on their behalf. By leveraging expertise and local knowledge, Ownwell can help homeowners potentially reduce their property tax bills, ensuring they are not overpaying.

Property Tax Bills Across Leasburg, Caswell County, North Carolina

Source: Ownwell

$722

$1,545

$2,367

Median Leasburg Tax Bill

$952

Median Caswell County Tax Bill

$917

Median North Carolina Tax Bill

$1,813

Median United States Tax Bill

$2,400

Property Tax Bills Across Leasburg, Caswell County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
27291	$403	$648	$952	$1,737	$3,008

Source: Ownwell