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Orange County NC Property Taxes - How to Find out How Much You'll Pay

Whether you're considering relocating from one side of the Triangle to the other, are relocating to Fort Bragg, or are coming to the Raleigh area from Florida, New Jersey, New York, or elsewhere, you've probably wondered what the yearly property taxes might be for your new home.

Orange County holds Chapel Hill, the third corner of the Triangle - which consists of Raleigh, Durham, and Chapel Hill.  Orange County is divided nearly in half by Hwy 40, which runs east/west between Raleigh/Durham and Greensboro.  Mebane and Hillsborough are "middle ground" points between the two areas.  Chapel Hill and Carrboro are on the southern side of the county, just north of Chatham County.  Find out more about Orange County here

Here are the 2007 rates, by town and fire district.  To get the total property tax rate, you'll first need to find out which district the home will be in. 

Orange County, Chapel Hill and Carrboro Property Tax - How Much Will I Pay For Triangle New Homes?

It's not as confusing as it looks.  The tax rates are based on the assessed value of the home, not the asking price. 

  • Divide the assessed value by 100.
  • Multiply the result by the rate on the right side of the table.
  • The result will be your yearly property tax bill, as of 2007. 

orange county,chapel hill and carrboro property tax  how much will i pay for triangle new homes 

This table gives sample property tax bills for all the towns and fire districts in Orange County: Chapel Hill, Carrboro, Hillsborough, and all applicable fire districts. Your tax bill can be lower if your home or property is not actually within a municipality, or town. 

For 2007, the district tax rates vary from .098 to .17655.  Orange County has some of the highest property tax rates in the Triangle area.  There is no guarantee that tax rates will remain the same - check the Orange County Property Tax page for most recent information.

When looking at properties, don't take the "city" address for granted - you could be in a different county, with different tax rates, depending on where exactly the property is located.

If there's a particular home that you're considering, you can go directly to the Orange County Tax Records site, type in the address, and see the assessed value of the property.  If there is a discrepancy between the assessed value and the asking price of the home or lot, don't be afraid to ask your real estate agent to pull comps for you.  Assessed values are not always aligned well with market values, as assessments are often made several years apart. 

How Do Orange County Property Tax Rates Compare to Other Counties?

Looking to compare the property tax rates of different areas of the Triangle?  Here's a handy guide with links to each county's property tax rates.

Compare Triangle Property Tax Rates

 Lee County Property Taxes - Tax Rates for Sanford, Lee County, and Other Areas Near Fort Bragg - Free Building Cost Estimates

Raleigh and the Triangle Area

Whether you're looking at relocating to Raleigh to start your career, to find a friendly place to raise a family, or retiring in a terrific climate, Raleigh and the Research Park Triangle has something to offer you. Great schools, Forbes rated #1 in 2007 for Businesses and Careers, lots of lakes and golf courses, top-rated cultural centers, universities, and hospitals - and all only two hours to the ocean and three hours to the mountains - it's no wonder that Raleigh is a "Best Place to Live"!

Chatham County Relocation Package - May 2008

Raleigh Relocation Package - Thinking of Moving to the Triangle, NC? June 2008 Edition

 

Raleigh Triangle custom home builders Stanton Homes

 

 

 

 

And if you're a veteran, active duty, or retired military, ask about "Stanton Homes for Heroes" - Military Discounts on New Homes.

Copyright 2008 by Stanton Homes.  All information current as of posting date.  Check with Orange County for any available updates to tax rates. 

 

 
This post has been included in North Carolina Information Orange County, NC Information Chapel Hill, NC Information
Post is included in group: North Carolina Real Estate
Post is included in group: Realtors®
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2 Comments on Orange County, NC Property Taxes - How Much Will Property Taxes Cost in Chapel Hill, Carrboro, or Hillsborough

I'm always impressed w/your posts! Great banner too!

 

 

06/17/2008 09:12 PM by Tracy Santrock-Cary NC Real Estate Blog (Fonville Morisey)


Tracy - it takes some time to pull this kind of information together, but I feel it's helpful (hopefully) to those considering a new place to live.  Thanks!

06/19/2008 02:45 PM by Stanton Homes - Penny Hull: Raleigh Area Custom Home Builder (Stanton Homes Inc - Raleigh Custom Homes)


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Builder-Contractor: Stanton Homes - Penny Hull: Raleigh Area Custom Home Builder (Stanton Homes Inc - Raleigh Custom Homes)
Stanton Homes - Penny Hull: Raleigh Area Custom Home Builder
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