Crouse, North Carolina Property Taxes
The median property tax rate in Crouse, NC is 1.18%, considerably higher than both the national median of 0.99% and the North Carolina state median of 0.82%. With the median home value in Crouse, the typical annual property tax bill reaches $1,436, exceeding the national median of $2,690. Property taxes in Crouse are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Crouse's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Crouse or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Crouse, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.18%
Estimate Property Tax Bill
$1,378
Ownwell’s Crouse Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Crouse with just two simple inputs. By entering your property's estimated assessed value, the calculator uses the median tax rate in Crouse to provide an accurate estimate of your property tax bill. This valuable resource offers a clear understanding of your potential tax liabilities. For those interested in more detailed trends on a neighborhood level, additional localized information is available below. Your property’s assessed value, determined by Gaston County, is used for property tax calculations and takes into account any applicable exemptions.
Property Tax Rates Across Crouse, North Carolina
Property taxes in Crouse, North Carolina, are essential for funding local services such as public schools, road maintenance, and emergency services. The median tax rate in Crouse is 0.85%, which is lower than both the North Carolina state median of 0.84% and the U.S. national median of 0.99%. Local government entities within Crouse set these rates annually, and they can vary significantly across different neighborhoods. Each year, Crouse 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 Crouse's effective property tax rate to other counties in North Carolina and the national median. For comparison, the 28033 zip code has the highest median property tax rate of 0.85%, while the same zip code also has the lowest median tax rate of 0.85%. Understanding how these cities compare with Crouse provides valuable insights into the varying tax landscape across Gaston County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Crouse Tax Rate
1.18%
Average Gaston County Tax Rate
1.65%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Crouse, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28033 | 0.89% | 1.09% | 1.18% | 1.29% | 1.57% |
Source: Ownwell
Property Tax Assessment Values Across Crouse, North Carolina
In Crouse, North Carolina, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. 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 Gaston 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 Crouse, 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 Crouse is $116,780, with tax bills varying significantly. For instance, the tax bill at the 25th percentile is $992, while it rises to $2,284 at the 75th percentile and $2,673 at the 90th percentile. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Crouse helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Crouse Assessed Value
$116,780
Average Gaston County Assessed Value
$132,190
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Crouse, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28033 | $33,546 | $79,850 | $116,780 | $176,070 | $211,608 |
Source: Ownwell
Property Tax Bills Across Crouse, North Carolina
In Crouse, located in Gaston County, NC, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by county assessors who evaluate the property's market value. The tax rate, set by local government authorities, is then applied to this assessed value to calculate the annual tax bill. For homeowners in Crouse, the median home price is $116,780. Property tax bills can vary significantly, with the 25th percentile at $992 and the 75th percentile at $2,284. At the higher end, the 90th percentile tax bill reaches $2,673. These variations depend on factors such as property improvements, neighborhood developments, and market trends. Compared to the national median property tax rate of 0.99%, Crouse's tax rates reflect the local economic conditions and funding needs for community services. Understanding these factors helps homeowners anticipate their tax liabilities and manage their finances more effectively.
Average Crouse Tax Bill
$1,436
Average Gaston County Tax Bill
$2,130
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Crouse, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28033 | $541 | $992 | $1,436 | $2,284 | $2,673 |
Source: Ownwell