Maiden, North Carolina Property Taxes
The median property tax rate in Maiden, NC is 0.78%, which is lower than both the national median of 0.99% and North Carolina’s state median of 0.82%. With the median home value in Maiden at $141,000, the typical annual property tax bill is $1,126, significantly below the national median of $2,690. Property taxes in Maiden are calculated based on the tax assessed value, often lower than the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Maiden's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you reside in the heart of Maiden or elsewhere in Catawba County, familiarizing yourself with the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Maiden, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.78%
Estimate Property Tax Bill
$1,100
Ownwell’s Maiden Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Maiden with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Maiden to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Maiden, North Carolina
Property taxes in Maiden, North Carolina, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Maiden is 0.78%, which is lower than both the North Carolina state median and the U.S. national median of 0.99%. Local government entities within Maiden set these rates annually, and they can vary significantly across different neighborhoods. Each year, Maiden estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Maiden's effective property tax rate to other counties in North Carolina and the national median. For comparison, the 28650 zip code has both the highest and lowest median property tax rate of 0.78%. Understanding how these areas compare with Maiden provides valuable insights into the varying tax landscape across Catawba County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Maiden Tax Rate
0.78%
Average Catawba County Tax Rate
0.80%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Maiden, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28650 | 0.47% | 0.66% | 0.78% | 0.89% | 1.12% |
Source: Ownwell
Property Tax Assessment Values Across Maiden, North Carolina
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Maiden, North Carolina. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Catawba County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Maiden, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. The median home price in Maiden is $141,000, with tax bills ranging from $745 at the 25th percentile to $2,176 at the 90th percentile. The highest and lowest median tax bills are both $1,126 in the zip code 28650. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Maiden Assessed Value
$141,000
Average Catawba County Assessed Value
$180,000
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Maiden, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28650 | $20,720 | $85,500 | $141,000 | $204,775 | $280,470 |
Source: Ownwell
Property Tax Bills Across Maiden, North Carolina
In Maiden, located in Catawba County, NC, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Maiden is $141,000. To determine the tax bill, the assessed value of the property is multiplied by the local tax rate. Homeowners in Maiden can expect their property tax bills to vary significantly, with the 25th percentile tax bill around $745 and the 75th percentile reaching up to $1,589. At the 90th percentile, tax bills can go as high as $2,176. The highest and lowest median tax bills in the area are both $1,126, specifically in the 28650 zip code. These taxes fund essential public services such as schools, emergency services, and infrastructure maintenance. Compared to the national median property tax rate of 0.99%, Maiden's property tax rates reflect the local government's needs and priorities, directly impacting homeowners' annual expenses and the overall cost of living in the area.
Average Maiden Tax Bill
$1,126
Average Catawba County Tax Bill
$1,310
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Maiden, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28650 | $145 | $745 | $1,126 | $1,589 | $2,176 |
Source: Ownwell