Pineville, North Carolina Property Taxes
The median property tax rate in Pineville, NC is 0.59%, considerably lower than both the national median of 0.99% and the North Carolina state median of 0.82%. With the median home value in Pineville, the typical annual property tax bill reaches $1,900, significantly below the national median of $2,690. Property taxes in Pineville 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 Pineville'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 Pineville 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
Pineville, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.59%
Estimate Property Tax Bill
$2,037
Ownwell’s Pineville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pineville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pineville 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 Mecklenburg County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Pineville, North Carolina
Property taxes in Pineville, North Carolina, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pineville is 0.59%, which is lower than the U.S. national median of 0.99%. Local government entities within Pineville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pineville 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 Pineville's effective property tax rate to other areas in North Carolina and the national median. For comparison, the zip code 28134 has the median property tax rate of 0.59%. Understanding how these cities compare with Pineville provides valuable insights into the varying tax landscape across Mecklenburg County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pineville Tax Rate
0.59%
Average Mecklenburg County Tax Rate
0.61%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pineville, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28134 | 0.45% | 0.56% | 0.59% | 0.63% | 0.67% |
Source: Ownwell
Property Tax Assessment Values Across Pineville, North Carolina
In Pineville, 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 Mecklenburg County Assessor's Office 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 Pineville, 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 Pineville is $345,250, with tax bills varying significantly. For example, the 25th percentile tax bill is $1,463, while the 75th percentile tax bill is $2,571. The highest median tax bill in Pineville is $1,900, and the lowest is also $1,900, both in the zip code 28134. 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.
Property Tax Assessment Values Across Pineville, North Carolina
Source: Ownwell
$18,200
$650,975
$1,283,750
Average Pineville Assessed Value
$345,250
Average Mecklenburg County Assessed Value
$364,800
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pineville, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28134 | $203,560 | $280,400 | $345,950 | $427,700 | $522,170 |
Source: Ownwell
Property Tax Bills Across Pineville, North Carolina
In Pineville, NC, property tax bills are calculated based on the assessed value of a home, which is determined by Mecklenburg County. The assessed value is a percentage of the market value of the property. Homeowners in Pineville face a property tax rate that is influenced by various factors, including local government budgets and public service funding needs. For instance, with a median home price of $345,250, property tax bills can vary significantly. The 25th percentile tax bill is around $1,463, while the 75th percentile reaches up to $2,571. At the 90th percentile, homeowners might see tax bills as high as $3,250. These figures highlight the range of property tax liabilities that residents can expect. Compared to the national median property tax rate of 0.99%, Pineville's tax rates reflect a balance between maintaining public services and managing homeowner expenses. Understanding these factors is crucial for homeowners as they budget for annual property tax bills and assess the overall affordability of their homes.
Average Pineville Tax Bill
$1,900
Average Mecklenburg County Tax Bill
$2,199
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Pineville, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28134 | $584 | $1,463 | $1,900 | $2,571 | $3,250 |
Source: Ownwell