Providence, Caswell County, North Carolina Property Taxes
- Median Providence, NC effective property tax rate: 0.86%, significantly lower than the national median of 1.02%, but higher than the North Carolina state median of 0.82%.
- Median Providence, NC home value: $104,601
- Median annual Providence, NC tax bill: $882, $1,518 lower than the national median property tax bill of $2,400.
How are property taxes in Caswell County calculated?
Property taxes in Providence, 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 Providence’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Providence, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Providence, Caswell County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.69%
Estimate Property Tax Bill
$1,028
$954
Property Tax Rates Across Providence, Caswell County, North Carolina
Local government entities set tax rates, which can vary widely within a state. This is because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Providence’s effective property tax rate to other cities in North Carolina and the median property tax rates in North Carolina and the U.S.
Providence, located in Caswell County, has a median property tax rate of 0.86%. This is notably below the national median property tax rate of 1.02%. Compared to other regions in North Carolina, Providence's tax rate is relatively consistent, with the highest and lowest rates in the state also recorded at 0.86%. This uniformity in tax rates within Caswell County offers a predictable environment for property owners. Understanding these rates can help homeowners make informed decisions about property investments and manage their tax liabilities effectively.
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 Providence Tax Rate
0.69%
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 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 Providence, Caswell County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27315 | 0.50% | 0.63% | 0.69% | 0.73% | 0.80% |
Source: Ownwell
Property Tax Assessment Values Across Providence, Caswell County, North Carolina
When examining property taxes in Providence, 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 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 Providence.
For example, the median home price in Providence is $104,601, with tax bills ranging significantly across the county. Zip code 27315 has the highest median home price at $104,601.
Property Tax Assessment Values Across Providence, Caswell County, North Carolina
Source: Ownwell
$105,870
$233,172
$360,473
Median Providence Market Value
$149,037
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 Providence, Caswell County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27315 | $63,445 | $97,776 | $149,037 | $220,858 | $338,495 |
Source: Ownwell
Property Tax Bills Across Providence, Caswell County, North Carolina
In Providence, located in 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 median home price in the area is $104,601. This assessed value is then multiplied by the local property tax rate to determine the tax bill. Homeowners in Providence typically see a tax bill ranging from $580 at the 25th percentile to $1,311 at the 75th percentile, with the 90th percentile reaching up to $1,864. Compared to the national median property tax bill of $2,400, homeowners in Providence experience relatively lower tax bills.
Factors influencing the tax bill include property size, location, and market conditions. High property taxes can strain homeowners financially, making it essential to explore ways to reduce these costs. Ownwell offers property tax appeal and exemption services, helping homeowners in Providence potentially lower their tax bills. By analyzing property assessments and market data, Ownwell identifies discrepancies and assists in filing appeals, ensuring homeowners pay only their fair share.
Median Providence Tax Bill
$978
Median Caswell County Tax Bill
$917
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$2,400
Property Tax Bills Across Providence, Caswell County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27315 | $450 | $653 | $978 | $1,408 | $1,976 |
Source: Ownwell