Shannon, Hoke County, North Carolina Property Taxes

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

Median Shannon, NC effective property tax rate: 0.93%, significantly lower than the national median of 1.02%, but higher than the North Carolina state median of 0.82%.
Median Shannon, NC home value: $103,970
Median annual Shannon, NC tax bill: $844, $1,556 lower than the national median property tax bill of $2,400.

How are property taxes in Hoke calculated?

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

Last Updated March 1, 2025

Shannon, Hoke County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.93%

Estimate Property Tax Bill

$572

$530

Ownwell’s Shannon Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Shannon with just two data points. By entering your property's estimated assessed value, our calculator applies Shannon’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 Shannon, Hoke County, North Carolina

Local government entities determine tax rates, which can vary significantly within a state. Each year, counties estimate the budget needed to provide essential services and divide this by the total value of all taxable property in their jurisdiction, resulting in the property tax rate. While votes and legislation play roles in setting these rates and budgets, this is the core annual process.

In Shannon, located in Hoke County, North Carolina, the effective property tax rate stands at 0.93%. This rate is lower than the national median property tax rate of 1.02%. When comparing Shannon's property tax rate to other cities in North Carolina and the national average, it becomes evident that property owners in Shannon benefit from relatively lower property tax rates. This can be an attractive factor for potential homeowners and investors looking to maximize their investment in the region. With the national median property tax bill at $2,400, Shannon offers a more affordable option for property taxes, making it a compelling choice for those seeking to reduce their annual property tax expenses.

Property Tax Rates Across Shannon, 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 Shannon Tax Rate

0.93%

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 Shannon, Hoke County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
28386	0.65%	0.83%	0.93%	1.13%	1.43%

Source: Ownwell

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

When examining property taxes in Shannon, 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 Shannon. For example, the median home price in Shannon is $103,970, with tax bills ranging significantly across the county. Zip code 28386 has the highest median home price at $103,970.

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

Source: Ownwell

$36,050

$105,750

$175,450

Median Shannon Market Value

$61,460

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 Shannon, Hoke County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
28386	$15,076	$26,785	$61,460	$131,270	$248,976

Source: Ownwell

Property Tax Bills Across Shannon, Hoke County, North Carolina

In Shannon, located in Hoke County, NC, property tax bills are calculated based on the assessed value of a home. The local government determines this value, which is then multiplied by the local tax rate to establish the annual tax bill. Homeowners in Shannon can expect their property tax bills to vary, with amounts ranging from $484 at the 25th percentile to $2,213 at the 90th percentile. The median tax bill in the area is $844, which is significantly lower than the national median property tax bill of $2,400. This lower tax burden can be beneficial for homeowners, but it's crucial to ensure that the assessed value of the property is accurate to avoid overpaying. Ownwell offers expert property tax appeal services that help homeowners in Shannon potentially reduce their tax bills. By reviewing assessments and identifying discrepancies, Ownwell can assist in lowering your property taxes, ensuring you only pay what is fair and accurate.

Property Tax Bills Across Shannon, Hoke County, North Carolina

Source: Ownwell

$420

$962

$1,504

Median Shannon Tax Bill

$569

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 Shannon, Hoke County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
28386	$165	$305	$569	$1,131	$1,839

Source: Ownwell