Fayetteville, Hoke County, North Carolina Property Taxes

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

Median Fayetteville, NC effective property tax rate: 0.90%, significantly lower than the national median of 1.02%, but higher than the North Carolina state median of 0.82%.
Median Fayetteville, NC home value: $166,210
Median annual Fayetteville, NC tax bill: $1,471, $929 lower than the national median property tax bill of $2,400.

How are property taxes in Hoke calculated?

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

Last Updated March 1, 2025

Fayetteville, Hoke County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.89%

Estimate Property Tax Bill

$1,461

$1,356

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

Property Tax Rates Across Fayetteville, Hoke County, North Carolina

Local government entities in North Carolina set tax rates, which can vary significantly within the state. This variation is because each year, counties estimate their required budget to provide essential services and divide this by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially how the process unfolds annually. In Fayetteville, located in Hoke County, property tax rates reflect this process. The effective property tax rate in Fayetteville can be compared to other cities in North Carolina, as well as the median property tax rates in the state and across the U.S. The median property tax rate in North Carolina is slightly below the national median, offering potential savings for property owners. Understanding these rates is crucial for homeowners looking to manage their property tax bills effectively.

Property Tax Rates Across Fayetteville, Hoke County, North Carolina

Source: Ownwell

0.87%

0.97%

1.07%

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 Fayetteville Tax Rate

0.89%

Median Effective Hoke County Tax Rate

0.87%

Median Effective North Carolina Tax Rate

0.81%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Fayetteville, Hoke County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
28304	0.63%	0.81%	0.95%	1.03%	1.19%
28306	0.73%	0.87%	0.89%	0.91%	0.92%

Source: Ownwell

Property Tax Assessment Values Across Fayetteville, Hoke County, North Carolina

When examining property taxes in Fayetteville, 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 Hoke 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 Hoke 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 Fayetteville. For example, the median home price in Fayetteville is $166,210, with tax bills ranging significantly across the county. Zip code 28306 has the highest median home price at $169,530.

Property Tax Assessment Values Across Fayetteville, Hoke County, North Carolina

Source: Ownwell

$36,050

$105,750

$175,450

Median Fayetteville Market Value

$164,210

Median Hoke County Market Value

$167,065

Median North Carolina Market Value

$221,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Fayetteville, Hoke County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
28304	$16,900	$30,585	$68,080	$95,935	$142,600
28306	$116,235	$146,575	$169,500	$218,432	$254,027

Source: Ownwell

Property Tax Bills Across Fayetteville, Hoke County, North Carolina

In Fayetteville, 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 annual tax bill. Fayetteville homeowners can expect tax bills that vary significantly depending on their property's location and value. For instance, the median tax bill in the area can range from $716 in zip code 28304 to $1,504 in zip code 28306. These figures highlight the disparity in tax liabilities across different neighborhoods. While the national median property tax bill is $2,400, Fayetteville's tax bills are generally lower, with the 25th percentile at $1,180 and the 75th percentile at $1,857. Homeowners feeling the burden of high property taxes can benefit from Ownwell's expertise. By providing professional property tax appeal and exemption services, Ownwell helps homeowners potentially reduce their tax liabilities, ensuring they only pay what is fair and equitable based on their property's true assessed value.

Property Tax Bills Across Fayetteville, Hoke County, North Carolina

Source: Ownwell

$420

$962

$1,504

Median Fayetteville Tax Bill

$1,443

Median Hoke County Tax Bill

$1,421

Median North Carolina Tax Bill

$1,813

Median United States Tax Bill

$2,400

Property Tax Bills Across Fayetteville, Hoke County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
28304	$137	$335	$580	$802	$1,280
28306	$1,059	$1,270	$1,504	$1,893	$2,112

Source: Ownwell