Biscoe, Moore County, North Carolina Property Taxes

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

Median Biscoe, NC effective property tax rate: 0.46%, significantly lower than the national median of 1.02%, but lower than the NC state median of 0.82%.
Median Biscoe, NC home value: $121,050
Median annual Biscoe, NC tax bill: $554, $1,846 lower than the national median property tax bill of $2,400.

How are property taxes in Moore calculated?

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

Last Updated March 1, 2025

Biscoe, Moore County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.44%

Estimate Property Tax Bill

$547

$508

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

Property Tax Rates Across Biscoe, Moore County, North Carolina

Local government entities determine tax rates, and these can differ significantly within a state. Each county calculates its required budget to fund services and divides that by the total value of all taxable properties within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.

Biscoe in Moore County, North Carolina, has an effective property tax rate that can be compared to other cities within the state, as well as the median property tax rates in North Carolina and across the United States. The median property tax rate in Biscoe is notably lower than the national median of 1.02%, which translates to a more affordable property tax bill compared to the national median of $2,400. This lower tax rate can be an attractive feature for potential homeowners and investors looking for opportunities in North Carolina. Understanding these rates can aid in making informed decisions about property investments and financial planning.

Property Tax Rates Across Biscoe, Moore County, North Carolina

Source: Ownwell

0.35%

0.56%

0.77%

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 Biscoe Tax Rate

0.44%

Median Effective Moore County Tax Rate

0.57%

Median Effective North Carolina Tax Rate

0.81%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Biscoe, Moore County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
27209	0.43%	0.43%	0.44%	0.44%	0.44%

Source: Ownwell

Property Tax Assessment Values Across Biscoe, Moore County, North Carolina

When examining property taxes in Biscoe, 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 Moore 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 Moore County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Biscoe. For example, the median home price in Biscoe is $121,050, with tax bills ranging significantly across the county. Zip code 27209 has the highest median home price at $121,050.

Property Tax Assessment Values Across Biscoe, Moore County, North Carolina

Source: Ownwell

$90,450

$284,335

$478,220

Median Biscoe Market Value

$124,380

Median Moore County Market Value

$309,220

Median North Carolina Market Value

$221,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Biscoe, Moore County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
27209	$48,620	$71,800	$124,380	$210,740	$352,776

Source: Ownwell

Property Tax Bills Across Biscoe, Moore County, North Carolina

In Biscoe, located in Moore County, NC, property tax bills are calculated based on the assessed value of a home, which is determined by the county's tax assessor. The assessed value is then multiplied by the local tax rate to calculate the annual property tax bill. With a median home price of $121,050, homeowners may find their tax bills vary significantly. For instance, the tax bill at the 25th percentile is $298, while at the 75th percentile, it rises to $992, and at the 90th percentile, it can reach $1,559. These figures are below the national median tax bill of $2,400, offering some relief to homeowners. However, unexpected increases in assessed values can lead to higher tax bills, impacting household budgets. Ownwell assists homeowners by providing expert property tax appeal services. By reviewing assessments and identifying discrepancies, Ownwell can help reduce property tax bills, ensuring homeowners pay only their fair share. This service can lead to significant savings, particularly when assessed values are inaccurately high.

Property Tax Bills Across Biscoe, Moore County, North Carolina

Source: Ownwell

$381

$1,769

$3,157

Median Biscoe Tax Bill

$535

Median Moore County Tax Bill

$1,688

Median North Carolina Tax Bill

$1,813

Median United States Tax Bill

$2,400

Property Tax Bills Across Biscoe, Moore County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
27209	$209	$287	$535	$869	$1,591

Source: Ownwell