Richmond County, North Carolina Property Taxes
Census Bureau ACS property tax data for North Carolina. Population: 10,909.
The median annual property tax in Richmond County is $1,122, which is 22% lower than the North Carolina state average and 42% below the national average. The effective tax rate is 0.93% on a median home value of $120,800. Property taxes represent 2.6% of the median household income in this county.
Median Annual Tax
$1,122
-22% vs State
-42% vs US
Median Home Value
$120,800
-44% vs State
-43% vs US
Effective Tax Rate
0.93%
+33% vs State
-2% vs US
With vs Without Mortgage
With Mortgage
$1,287
$107/mo
Without Mortgage
$890
$74/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $1,122 +2.5% | 0.93% |
| 2022 | $1,095 +10.6% | 0.98% |
| 2021 | $990 +6.8% | 1.07% |
| 2020 | $927 +9.2% | 1.05% |
| 2019 | $849 | 1.02% |
Tax Burden
Tax-to-Income Ratio
2.6%
of median household income
Median Income
$43,626
per year
Monthly Tax
$94
per month
Other Counties in North Carolina
Burke County
Tax: $1,191/yr Rate: 0.70%
Beaufort County
Tax: $1,277/yr Rate: 0.70%
Hertford County
Tax: $1,083/yr Rate: 0.97%
Hoke County
Tax: $1,357/yr Rate: 0.69%
Caswell County
Tax: $1,023/yr Rate: 0.68%
Lincoln County
Tax: $1,660/yr Rate: 0.59%
Frequently Asked Questions
What is the average property tax in Richmond County, North Carolina? ▼
The median annual property tax in Richmond County is $1,122 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.93% on a median home value of $120,800.
How does Richmond County property tax compare to the national average? ▼
Property taxes in Richmond County are 42% below the national average of $1,923. The effective rate of 0.93% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Richmond County? ▼
In Richmond County, homeowners with a mortgage pay a median of $1,287 in annual property taxes, while homeowners without a mortgage pay $890. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Richmond County? ▼
Property taxes in Richmond County represent approximately 2.6% of the median household income of $43,626. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.