Ramseur, Randolph County, North Carolina Property Taxes

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

Median Ramseur, NC effective property tax rate: 0.64%, significantly lower than the national median of 1.02%, but lower than the North Carolina state median of 0.82%.
Median Ramseur, NC home value: $152,520
Median annual Ramseur, NC tax bill: $1,112, $1,288 lower than the national median property tax bill of $2,400.

How are property taxes in Randolph calculated?

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

Last Updated March 1, 2025

Ramseur, Randolph County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.64%

Estimate Property Tax Bill

$979

$908

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

Local government entities set property tax rates, which can vary significantly within a state. The process involves each county estimating its required budget to provide essential services, then dividing that by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the fundamental annual process.

In Ramseur, located in Randolph County, the effective property tax rate stands at 0.64%, which is lower than the national median property tax rate of 1.02%. This makes Ramseur an attractive location for property owners seeking lower tax rates. Compared to other cities in North Carolina, Ramseur's rate is competitive, providing a financial advantage for homeowners. With the national median property tax bill at $2,400, residents in Ramseur benefit from relatively lower property tax expenses. This financial relief can contribute to a more affordable cost of living, making Ramseur an appealing choice for those looking to maximize their property investment.

Property Tax Rates Across Ramseur, 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 Ramseur Tax Rate

0.64%

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 Ramseur, Randolph County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
27316	0.54%	0.60%	0.64%	0.66%	1.22%

Source: Ownwell

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

When examining property taxes in Ramseur, 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 Ramseur. For example, the median home price in Ramseur is $152,520, with tax bills ranging significantly across the county. Zip code 27316 has the highest median home price at $152,520.

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

Source: Ownwell

$78,165

$146,938

$215,710

Median Ramseur Market Value

$152,970

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 Ramseur, Randolph County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
27316	$66,216	$110,580	$152,970	$224,820	$349,790

Source: Ownwell

Property Tax Bills Across Ramseur, Randolph County, North Carolina

In Ramseur, located in Randolph County, NC, property tax bills are calculated based on the assessed value of a home. This assessed value is determined by the local tax assessor and reflects the market value of the property. The tax rate in Ramseur is then applied to this assessed value to calculate the annual tax bill. With a median home price of $152,520, homeowners in Ramseur typically face tax bills ranging from $749 at the 25th percentile to $2,226 at the 90th percentile. The median tax bill in the area is $1,112, which is lower than the national median property tax bill of $2,400. Homeowners in Ramseur can find themselves paying more than necessary if their property is over-assessed. Ownwell offers expert property tax appeal services that help homeowners challenge inaccurate assessments, potentially reducing their tax bills. By leveraging local market data and professional expertise, Ownwell enables homeowners to ensure they are not overpaying, providing significant savings on their property taxes.

Property Tax Bills Across Ramseur, Randolph County, North Carolina

Source: Ownwell

$562

$1,240

$1,918

Median Ramseur Tax Bill

$1,130

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 Ramseur, Randolph County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
27316	$377	$752	$1,130	$1,649	$2,317

Source: Ownwell