Hickory, Alexander County, North Carolina Property Taxes
Median Hickory, NC effective property tax rate: 0.83%, slightly lower than the national median of 1.02%, but higher than the North Carolina state median of 0.82%.
Median Hickory, NC home value: $225,652
Median annual Hickory, NC tax bill: $1,872, $528 lower than the national median property tax bill of $2,400.
How are property taxes in Alexander calculated?
Property taxes in Hickory, NC are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Hickory’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hickory, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Hickory, Alexander County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.83%
Estimate Property Tax Bill
$1,873
$1,738
Property Tax Rates Across Hickory, Alexander County, North Carolina
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Hickory Tax Rate
0.83%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Alexander County Tax Rate
0.84%
Median Effective North Carolina Tax Rate
0.82%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Hickory, Alexander County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28601 | 0.83% | 0.83% | 0.83% | 0.83% | 0.83% |
Source: Ownwell
Property Tax Assessment Values Across Hickory, Alexander County, North Carolina
When examining property taxes in Hickory, NC, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Alexander County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Alexander County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Hickory. For example, the median home price in Hickory is $225,652, with tax bills ranging significantly across the county. Zip code 28601 has the highest median home price at $225,652.
Property Tax Assessment Values Across Hickory, Alexander County, North Carolina
Source: Ownwell
$155,479
$194,313
$233,146
Median Hickory Market Value
$225,652
Median Alexander County Market Value
$195,568
Median North Carolina Market Value
$197,136
Median United States Market Value
$235,294
Property Tax Assessment Values Across Hickory, Alexander County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28601 | $132,874 | $172,268 | $225,652 | $388,933 | $598,442 |
Source: Ownwell
Property Tax Bills Across Hickory, Alexander County, North Carolina
In Hickory, located in Alexander County, NC, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is then multiplied by the local tax rate to calculate the property tax bill. For homeowners in Hickory, the property tax landscape can vary significantly. The median home price is $225,652, and property tax bills range from the 25th percentile at $1,433 to the 90th percentile at $4,985. The median tax bill in the area is $1,872, which is below the national median of $2,400. This lower tax bill can be beneficial for homeowners, but there's still room for potential savings.
Ownwell offers expertise in property tax appeals and exemptions, helping homeowners ensure their properties are fairly assessed. By leveraging local market data and industry insights, Ownwell can identify opportunities for reducing tax liabilities, potentially saving homeowners significant amounts on their annual tax bills. With Ownwell's assistance, navigating the complexities of property tax assessments becomes a manageable task, offering peace of mind and financial relief.
Property Tax Bills Across Hickory, Alexander County, North Carolina
Source: Ownwell
$1,144
$1,508
$1,872
Median Hickory Tax Bill
$1,872
Median Alexander County Tax Bill
$1,652
Median North Carolina Tax Bill
$1,615
Median United States Tax Bill
$2,400
Property Tax Bills Across Hickory, Alexander County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28601 | $1,107 | $1,433 | $1,872 | $3,201 | $4,985 |
Source: Ownwell