Example of Bladen County Property Tax Calculation
Bladen County property tax is calculated based on the assessed value of the property. The assessment is determined by the county tax assessor's office and is typically a percentage of the property's market value.
For example, if a property has a market value of $100,000 and the assessment rate is 80%, then the assessed value of the property would be $80,000.
Once the assessed value is determined, the county tax rate is applied to calculate the amount of property tax owed. The tax rate varies by location and can be found on the county's website or by contacting the county tax assessor's office.
To calculate the property tax owed, simply multiply the assessed value by the tax rate. For instance, if the tax rate is 1%, the property tax owed on a property with an assessed value of $80,000 would be $800.
It is important to note that property tax rates and assessment methods can vary by location and can change from year to year. Property owners should regularly check with their county tax assessor's office for the most up-to-date information.
If you want appeal your property tax assessment - contact your local tax assessor.
Bladen County Property Tax Rates
Bladen County Property Tax Rate Table:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| Countywide Tax | $0.845 |
| Elizabethtown Tax | $0.37 |
| Bladenboro Tax | $0.505 |
| Clarkton Tax | $0.49 |
| Dublin Tax | $0.47 |
| East Arcadia Tax | $0.50 |
| Tar Heel Tax | $0.60 |
The table above showcases the property tax rates in Bladen County for various locations. The tax rates are per $100 of assessed value. The countywide tax rate is $0.845 while the rates for specific towns within the county vary. Elizabethtown has a tax rate of $0.37, Bladenboro has a rate of $0.505, Clarkton has a rate of $0.49, Dublin has a rate of $0.47, East Arcadia has a rate of $0.50, and Tar Heel has the highest rate at $0.60. The table provides a clear and organized representation of the different tax rates in Bladen County.
Who sets property tax rates in Bladen County ?
In Bladen County, North Carolina, property tax rates are set by the County Commissioners. The rates are typically established annually during the budgetary process. The County Commissioners, who are elected officials, review the budget and determine the necessary revenue needed to fund county services, programs, and infrastructure. They then set the property tax rate to generate that revenue. Property tax rates in Bladen County vary depending on the location and classification of the property. The rates are based on the county's assessed value of the property and are typically expressed as a percentage of that value. The county provides online resources for property owners to access tax information and make payments.
Homestead exemptions in Bladen County ?
To help Bladen County residents better understand their county-specific Homestead exemptions and deductions, the following table outlines the exemptions, eligibility requirements, and amounts available for qualifying residents. It also includes any notes of interest.
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| Elderly/Disabled Homestead Exclusion | Age 65+ OR totally and permanently disabled. Must have annual income of $31,500 or less. | Up to $25,000 of the appraised value of the applicant's residence is excluded from property taxation. | Exclusion does not apply to special assessments. |
| Circuit Breaker Tax Deferment | Age 65+ OR totally and permanently disabled. Must have annual income of less than $44,250. | Taxes on the residence are deferred until the property is sold, transferred or ceases to be the applicant's primary residence. | Interest accrues on the deferred taxes at a 5% annual rate. |
| Disabled Veteran Exclusion | Must be a veteran with a permanent and total service-connected disability. | Up to $45,000 of the appraised value of the applicant's residence is excluded from property taxation. | The veteran must have been a resident of North Carolina and the disability must have been incurred while on active duty. |
| Disabled Veteran Homestead Exclusion | Must be a veteran with a permanent and total service-connected disability. | Up to $45,000 of the appraised value of the applicant's residence is excluded from property taxation. | The veteran must have been a resident of North Carolina and the disability must have been incurred while on active duty. |
| Homestead Circuit Breaker | Age 65+ OR totally and permanently disabled. Must have annual income of less than $31,500. | Tax liability is limited to a percentage of the homeowner's income. | The percentage of income used to determine the tax liability varies depending on income level. |
It is important to note that eligibility requirements, exemption amounts, and other details are subject to change based on state and local legislation. Bladen County residents are encouraged to contact their local tax assessor's office to confirm eligibility and receive more detailed information about any of the exemptions or deductions listed above.
When is Bladen County Property Tax due ?
Bladen County Property Tax is typically due on September 1st of each year. However, taxpayers have until January 5th of the following year to pay their taxes without penalty.
There are several payment methods available for taxpayers in Bladen County. The most common method is to pay in person at the Bladen County Tax Office located at 166 E. Broad Street, Elizabethtown, NC 28337. The office is open Monday through Friday from 8:30 am to 5:00 pm.
Taxpayers can also pay by mail. They should make their check payable to Bladen County Tax Collector and include their tax bill and parcel ID number on the check. The mailing address is:
Bladen County Tax Collector P.O. Box 601 Elizabethtown, NC 28337
Finally, taxpayers can pay online using a credit or debit card or by electronic check. To pay online, taxpayers should visit the Bladen County Tax Office website and follow the instructions provided.
In summary, Bladen County Property Tax is due on September 1st with a grace period until January 5th of the following year. Taxpayers can pay in person, by mail, or online using a credit or debit card or electronic check.
If you have more questions - contact your local tax collector.
How is Bladen County Property Tax penalty calculated ?
Bladen County Property Tax Penalty Calculation:
Bladen County imposes a penalty on property owners who fail to pay their property taxes on time. The penalty is calculated as a percentage of the unpaid taxes and accrues every month until the taxes are paid.
The penalty rate for late payment of property taxes in Bladen County is 2% per month, starting from the due date. The maximum penalty rate is 20% of the unpaid taxes. The penalty rate is applied to the unpaid taxes and interest, if applicable.
For example, if a property owner owes $1,000 in property taxes for the year and fails to pay by the due date of January 5th, the penalty for February 5th would be $20 (2% of $1,000). If the taxes remain unpaid by March 5th, the penalty for March would be $40 (2% of $1,000 plus $20 from February). The penalty will continue to increase by $20 each month until it reaches the maximum of 20%.
The penalty for late payment of property taxes in Bladen County can add up quickly, so it’s important for property owners to pay on time to avoid additional costs. It’s also important to note that interest may also accrue on unpaid taxes, increasing the amount owed even further.
To summarize, the penalty for late payment of property taxes in Bladen County is calculated as follows:
- Penalty rate: 2% per month
- Maximum penalty rate: 20%
- Penalty accrues every month until taxes are paid
- Penalty is applied to unpaid taxes and interest, if applicable
| Penalty Calculation | Amount |
|---|---|
| Unpaid Taxes | $1,000 |
| Penalty rate | 2% |
| Penalty for February | $20 |
| Penalty for March | $40 |
| Penalty for April | $60 |
| Penalty for May | $80 |
| Penalty for June | $100 |
| Penalty for July | $120 |
| Penalty for August | $140 |
| Penalty for September | $160 |
| Penalty for October | $180 |
| Maximum penalty rate | 20% |
| Total penalty | $1,200 |
In this example, if the property owner does not pay the taxes for 10 months, the total penalty would be $1,200, which is 120% of the original $1,000 tax bill.
We recommend contacting the Bladen County Tax Office or a local tax professional for the most up-to-date and accurate information.