Example of Sampson County Property Tax Calculation
Calculating Sampson County Property Tax is a straightforward process. The tax is determined by multiplying the assessed value of the property by the county tax rate.
Here's an example calculation to help illustrate this process:
Assume that John owns a house in Sampson County with an assessed value of $200,000. The county tax rate is 0.75%. To calculate John's property tax, multiply the assessed value by the tax rate:
$200,000 * 0.75% = $1,500
Therefore, John will owe $1,500 in property tax to Sampson County.
It's important to note that property tax rates and assessed values can vary from county to county, and may change from year to year. Homeowners in Sampson County should check with the county tax assessor's office for the most up-to-date information on property taxes.
If you want appeal your property tax assessment - contact your local tax assessor.
Sampson County Property Tax Rates
Below is a table listing the Sampson County Property Tax rates:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| County | $0.79 |
| City | $0.53 |
| Fire District | Varies by District |
| School | $1.07 |
Please note that the Fire District tax rate varies depending on which district the property is located in. It is best to check with the local fire department or county tax office for the exact rate in a specific area.
Who sets property tax rates in Sampson County ?
The property tax rates in Sampson County are set by the Sampson County Board of Commissioners each year during their budget approval process. This typically occurs in June of each year. The Board of Commissioners reviews the county's financial needs and determines the appropriate property tax rate needed to fund county services and infrastructure projects. Property tax rates can vary by location and property type within the county, with different rates applying to residential, commercial, and agricultural properties. If you have questions about property tax rates in Sampson County, it is best to contact the Sampson County Tax Administration office for more information.
| Property Type | Tax Rate (per $100 assessed value) |
|---|---|
| Residential | $0.68 |
| Commercial | $1.05 |
| Agricultural | $0.45 |
When is Sampson County Property Tax due ?
Sampson County Property Tax is typically due on September 1st of each year. However, if this date falls on a weekend or holiday, then the due date will be the next business day. The County Treasurer's Office is responsible for collecting the property tax payments.
There are several payment methods available for property tax payments in Sampson County. These methods include:
- In-person payments: Property owners can pay their taxes in person at the Sampson County Treasurer's Office. The office is located at 101 E Main St, Clinton, NC 28328. Payment methods accepted at the office include cash, check, money order, and credit/debit cards (with an additional fee).
- Mail-in payments: Property owners can also mail their tax payments to the Sampson County Treasurer's Office. The mailing address is P.O. Box 98, Clinton, NC 28329. Payment methods accepted via mail include check and money order.
- Online payments: Property owners can pay their taxes online using a credit/debit card or electronic check. To make an online payment, visit the Sampson County Treasurer's website at www.sampsonnc.com/treasurer and follow the prompts to make a payment.
It's important to note that failure to pay property taxes on time can result in penalties and interest charges. Property owners should make sure to submit their payments on or before the due date to avoid these fees.
If you have more questions - contact your local tax collector.
How is Sampson County Property Tax penalty calculated ?
When a property owner fails to pay their property taxes on time in Sampson County, North Carolina, they will be subject to penalties and interest. The penalty for late payment is a flat rate of 10% of the unpaid tax amount, and the interest rate is 2% per month on the unpaid balance.
To better understand how the penalty is calculated, let's take a look at an example:
John owns a property in Sampson County and his total property tax bill for the year is $2,500. The due date for payment is January 5th, but John fails to pay the full amount until February 15th.
The first step in calculating John's penalty is to determine the unpaid tax amount. In this case, John failed to pay the full amount of $2,500 by the due date, so the unpaid amount is $2,500.
Next, we can calculate the penalty by applying the 10% rate to the unpaid tax amount:
Penalty = $2,500 x 10% = $250
Therefore, John's penalty for late payment is $250.
In addition to the penalty, John will also be charged interest on the unpaid balance for the month of February:
Interest = $2,500 x 2% = $50
This brings John's total late payment charges to $300 ($250 penalty + $50 interest).
To avoid incurring these penalties and interest charges, property owners in Sampson County should make sure to pay their property taxes on time by the due date.
Homestead exemptions in Sampson County ?
In Sampson County, North Carolina, there are a variety of Homestead exemptions and deductions available to eligible residents. Here is a breakdown of the exemptions and deductions currently available:
Homestead Exemptions
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| Circuit Breaker Exemption | Must be 65 years or older, or totally and permanently disabled. Income limit of $30,200 for single, $36,550 for married couples. | Up to $25,000 of the appraised value of their primary residence | Must apply by June 1st of the tax year |
| Disabled Veteran's Exemption | Must be a veteran with 100% permanent and total disability or un-remarried surviving spouse. | $45,000 of the appraised value of their primary residence | Applies to county, city, and school taxes |
| Elderly or Disabled Exclusion | Must be 65 years or older, or totally and permanently disabled. Income limit of $30,200 for single, $36,550 for married couples. | Up to $25,000 of the appraised value of their primary residence | Must apply by June 1st of the tax year |
Deductions
| Deduction | Eligibility | Amount | Notes |
|---|---|---|---|
| Disabled Veteran's Deduction | Must be a non-service connected disabled veteran with a VA certification of a permanent and total disability. | ||
| Elderly or Disabled Deduction | Must be 65 years or older, or totally and permanently disabled. Income limit of $30,200 for single, $36,550 for married couples. | $25,000 of the appraised value of their primary residence | Applies to county, city, and school taxes |
Overall, each exemption and deduction has specific eligibility requirements and amounts that residents should be aware of when considering applying for them. It is important to note that some exemptions and deductions have application deadlines, so it is best to apply as soon as possible.
We recommend contacting the Sampson County Tax Office or a local tax professional for the most up-to-date and accurate information.