Liberty, Randolph County, North Carolina Property Taxes

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

Median Liberty, NC effective property tax rate: 0.65%, significantly lower than the national median of 1.02%, but lower than the North Carolina state median of 0.82%.
Median Liberty, NC home value: $167,055
Median annual Liberty, NC tax bill: $1,305, $1,095 lower than the national median property tax bill of $2,400.

How are property taxes in Randolph calculated?

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

Last Updated March 1, 2025

Liberty, Randolph County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.65%

Estimate Property Tax Bill

$1,090

$1,011

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

Property Tax Rates Across Liberty, Randolph County, North Carolina

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its required budget for services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is the annual process in a nutshell.

In Liberty, located in Randolph County, the effective property tax rate is 0.65%. Compared to other parts of North Carolina, Liberty's rate is relatively low. The median property tax rate for North Carolina is also 0.65%, which is below the national median of 1.02%. This means that homeowners in Liberty generally pay less in property taxes compared to the national average. Additionally, the median property tax bill in North Carolina is significantly lower than the national median of $2400, which can be a considerable financial relief for property owners. By understanding these rates, property owners in Liberty can better anticipate their tax responsibilities and potentially explore opportunities for tax appeals or exemptions.

Property Tax Rates Across Liberty, Randolph County, North Carolina

Source: Ownwell

0.60%

0.96%

1.33%

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 Liberty Tax Rate

0.65%

Median Effective Randolph County Tax Rate

0.68%

Median Effective North Carolina Tax Rate

0.81%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Liberty, Randolph County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
27298	0.60%	0.64%	0.65%	1.14%	1.14%

Source: Ownwell

Property Tax Assessment Values Across Liberty, Randolph County, North Carolina

When examining property taxes in Liberty, 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 Randolph 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 Randolph 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 Liberty.

For example, the median home price in Liberty is $167,055, with tax bills ranging significantly across the county. Zip code 27298 has the highest median home price at $167,055.

Property Tax Assessment Values Across Liberty, Randolph County, North Carolina

Source: Ownwell

$78,165

$146,938

$215,710

Median Liberty Market Value

$167,650

Median Randolph County Market Value

$168,370

Median North Carolina Market Value

$221,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Liberty, Randolph County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
27298	$70,737	$117,112	$167,650	$234,875	$334,168

Source: Ownwell

Property Tax Bills Across Liberty, Randolph County, North Carolina

In Liberty, located in Randolph County, NC, property tax bills are calculated based on the assessed value of a home, which is determined by the county's tax assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. With a median home price of $167,055, property owners in Liberty face tax bills that can range significantly. For instance, the 25th percentile tax bill is $867, while the 75th percentile reaches $1,909, and the 90th percentile can be as high as $2,582. Compared to the national median property tax bill of $2,400, Liberty's tax bills can be both lower and higher depending on the specific property. This variability can impact homeowners financially, often leading to unexpected expenses. Ownwell assists homeowners by providing property tax appeal and exemption services, potentially lowering their tax burden. By ensuring that properties are accurately assessed, Ownwell helps clients save money and avoid overpaying on their property taxes.

Property Tax Bills Across Liberty, Randolph County, North Carolina

Source: Ownwell

$562

$1,240

$1,918

Median Liberty Tax Bill

$1,351

Median Randolph County Tax Bill

$1,311

Median North Carolina Tax Bill

$1,813

Median United States Tax Bill

$2,400

Property Tax Bills Across Liberty, Randolph County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
27298	$496	$878	$1,351	$2,034	$2,752

Source: Ownwell