Hobbsville, Gates County, North Carolina Property Taxes
Property Taxes in Hobbsville, North Carolina
Median Hobbsville, North Carolina effective property tax rate: 1.00%, significantly lower than the national median of 1.02%, and higher than the North Carolina state median of 0.81%.
Median Hobbsville, North Carolina home value: $123,631
Median annual Hobbsville, North Carolina tax bill: $1,239, lower $1,161 lower than the national median property tax bill of $2,400.
How are property taxes in Gates calculated?
Property taxes in Hobbsville, North Carolina 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 Hobbsville's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hobbsville, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Hobbsville, Gates County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1%
Estimate Property Tax Bill
$1,236
$1,147
How Does the Hobbsville Property Tax Calculator Work?
Use this Hobbsville property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Hobbsville's median effective tax rate of 1.00% — based on actual property records in Gates County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Hobbsville's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Hobbsville: rates range from 1.00% in 27946 to 1.00% in 27946, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Hobbsville.
About Hobbsville Property Taxes
About Property Taxes in Hobbsville, Gates, North Carolina
Hobbsville’s median effective property tax rate of 1.00% is lower than the North Carolina state median of 0.81% and lower than the national median of 1.02%. This rate reflects the Gates County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Hobbsville. Homeowners in the 27946 ZIP code carry a median effective rate of 1.00%, while those in the same ZIP also pay 1.00%. This reflects how school district boundaries and local assessment districts are drawn across Gates County. Understanding which part of Hobbsville you live in can make a meaningful difference to your annual tax bill.
Hobbsville homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the June 18, 2025 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Hobbsville, Gates County, North Carolina
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? 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 Hobsville's effective property tax rate to other cities in North Carolina and the median property tax rates in North Carolina and the U.S.
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 Hobbsville Tax Rate
1.00%
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 Gates County Tax Rate
1.04%
Median Effective North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Hobbsville, Gates County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27946 | 0.55% | 0.88% | 1.00% | 1.11% | 1.32% |
Source: Ownwell
Property Tax Assessment Values Across Hobbsville, Gates County, North Carolina
When examining property taxes in Hobbsville, North Carolina, 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 Gates 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 Gates County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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. For example, the median home price in Hobbsville is $123,631, with tax bills ranging significantly across the county. Zip code 27946 has the highest median home price at $123,631.
Property Tax Assessment Values Across Hobbsville, Gates County, North Carolina
Source: Ownwell
$112,758
$131,805
$150,852
Median Hobbsville Market Value
$123,631
Median Gates County Market Value
$119,547
Median North Carolina Market Value
$221,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Hobbsville, Gates County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27946 | $41,099 | $76,244 | $123,631 | $191,694 | $287,078 |
Source: Ownwell
Property Tax Bills Across Hobbsville, Gates County, North Carolina
Property tax bills in Hobbsville are based on the assessed value of a home, not its market price, and the local tax rate applied to that value. With a median home price of $123,631, homeowners can expect bills that vary depending on how their property is assessed and where it is located within Gates County.
The typical tax bill in the area is $1,239, which is below the national median property tax bill of $2,400 and also lower than the national median property tax rate of 1.02%. Bills can still differ widely: the 25th percentile is $748, while the 75th percentile is $1,703, and the 90th percentile reaches $2,236.
For homeowners, this means property taxes can have a meaningful impact on annual housing costs, especially when assessments rise or local rates change.
Median Hobbsville Tax Bill
$1,239
Median Gates County Tax Bill
$1,220
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$2,400
Property Tax Bills Across Hobbsville, Gates County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27946 | $458 | $748 | $1,239 | $1,703 | $2,236 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 18 |
Links | |
|---|---|
| Gates Tax Assessor | |
| Website | www.bttaxpayerportal.com |