Catawba County Property Taxes
The median property tax rate in Catawba County is 0.80%, which is slightly lower than the North Carolina state median of 0.82% and significantly below the national median of 0.99%. With a median home value of $180,000 in Catawba County, the typical annual property tax bill is $1,310, considerably less than the national median of $2,690. Property taxes in Catawba County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions such as those for primary residences and agricultural properties. Understanding Catawba County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Hickory or another part of Catawba County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Catawba County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.8%
Estimate Property Tax Bill
$1,440
$1,336
Ownwell’s Catawba Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Catawba with just two data points. By entering your property's estimated assessed value, our calculator uses the median tax rate in Catawba to provide an accurate property tax bill estimate. This valuable tool helps you understand your potential tax liabilities. For more localized insights, navigate to our city-level informational pages. Your property’s assessed value is determined by your county and includes any applicable exemptions, ensuring a comprehensive calculation for your property tax obligations.
Property Tax Rates Across Catawba County, North Carolina
Property taxes in Catawba County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Catawba County is 0.80%, which is lower than the U.S. national median of 0.99%. Local government entities within Catawba County set these rates annually, and they can vary significantly between different areas within the county. Each year, Catawba County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Hickory has one of the higher property tax rates in the region at 0.85%, while the city of Hildebran boasts one of the lowest at 0.47%. Analyzing how Catawba County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
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 Catawba County, North Carolina
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Catawba | 0.48% | 0.69% | 0.82% | 0.99% | 1.33% |
Claremont | 0.46% | 0.60% | 0.77% | 0.94% | 1.30% |
Connelly Springs | 0.45% | 0.47% | 0.68% | 0.80% | 0.94% |
Conover | 0.49% | 0.50% | 0.79% | 0.83% | 1.11% |
Denver | 0.67% | 0.72% | 0.79% | 0.92% | 1.04% |
Hickory | 0.47% | 0.50% | 0.85% | 0.85% | 0.89% |
Hildebran | 0.41% | 0.43% | 0.47% | 0.47% | 0.47% |
Lawndale | 0.45% | 0.45% | 0.52% | 0.83% | 1.00% |
Lincolnton | 0.46% | 0.58% | 0.70% | 0.78% | 0.92% |
Maiden | 0.47% | 0.66% | 0.78% | 0.89% | 1.12% |
Newton | 0.47% | 0.50% | 0.83% | 0.85% | 0.86% |
Sherrills Ford | 0.48% | 0.70% | 0.78% | 0.88% | 1.00% |
Terrell | 0.48% | 0.58% | 0.75% | 0.83% | 1.02% |
Vale | 0.45% | 0.54% | 0.76% | 0.89% | 1.00% |
Source: Ownwell
Property Tax Assessment Values Across Catawba County, North Carolina
In Catawba County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Catawba County Appraisal District. The assessed value, however, 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. Assessment notices in Catawba County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Catawba County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Catawba County, Terrell has the highest median tax bill at $2,375, while Lawndale has the lowest at $224. The county's property tax bills range significantly, with the 25th percentile at $862, the 75th percentile at $2,049, and the 90th percentile at $3,277.
Property Tax Assessment Values Across Catawba County, North Carolina
Source: Ownwell
$39,100
$178,200
$317,300
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 Catawba County, North Carolina
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Catawba | $18,480 | $72,550 | $116,900 | $210,350 | $370,880 |
Claremont | $11,200 | $53,200 | $96,800 | $160,400 | $235,600 |
Connelly Springs | $17,380 | $49,250 | $105,000 | $158,800 | $209,860 |
Conover | $39,800 | $109,250 | $160,300 | $237,500 | $334,100 |
Denver | $60,250 | $121,225 | $278,550 | $491,875 | $627,500 |
Hickory | $87,800 | $141,800 | $206,400 | $304,800 | $442,180 |
Hildebran | $222,040 | $241,750 | $274,600 | $337,200 | $374,760 |
Lawndale | $13,040 | $14,600 | $39,100 | $79,800 | $106,740 |
Lincolnton | $26,560 | $91,000 | $170,400 | $233,700 | $335,700 |
Maiden | $20,720 | $85,500 | $141,000 | $204,775 | $280,470 |
Newton | $49,910 | $121,225 | $185,800 | $259,175 | $371,680 |
Sherrills Ford | $73,000 | $148,200 | $277,900 | $470,750 | $676,500 |
Terrell | $96,670 | $207,025 | $317,300 | $576,400 | $776,190 |
Vale | $12,620 | $59,300 | $102,600 | $178,300 | $252,240 |
Source: Ownwell
Property Tax Bills Across Catawba County, North Carolina
In Catawba County, NC, property tax bills are calculated based on the assessed value of a home, which is determined by the county's tax assessor. The median home price in the county is $180,000. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property location, size, and any applicable exemptions can influence the final amount. For homeowners in Catawba County, property tax bills can vary significantly. The tax bill at the 25th percentile is $862, while at the 75th percentile, it rises to $2049. Those in the 90th percentile can expect to pay around $3277. Notably, the highest median tax bill in the county is found in Terrell at $2375, whereas the lowest is in Lawndale at $224. These variations highlight the impact that property value and location have on tax obligations. Homeowners should be aware of these factors to better understand and potentially manage their property tax liabilities.
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 Catawba County, North Carolina
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Catawba | $121 | $680 | $1,085 | $1,725 | $2,995 |
Claremont | $58 | $423 | $887 | $1,314 | $2,103 |
Connelly Springs | $71 | $190 | $756 | $962 | $1,395 |
Conover | $212 | $832 | $1,185 | $1,812 | $2,569 |
Denver | $494 | $1,013 | $2,275 | $3,844 | $4,925 |
Hickory | $632 | $995 | $1,453 | $2,359 | $3,573 |
Hildebran | $1,008 | $1,036 | $1,082 | $1,488 | $1,732 |
Lawndale | $38 | $65 | $224 | $728 | $1,199 |
Lincolnton | $92 | $659 | $1,235 | $1,723 | $2,240 |
Maiden | $145 | $745 | $1,126 | $1,589 | $2,176 |
Newton | $357 | $850 | $1,268 | $1,806 | $2,557 |
Sherrills Ford | $424 | $1,149 | $1,995 | $3,706 | $5,409 |
Terrell | $952 | $1,420 | $2,375 | $4,618 | $6,275 |
Vale | $67 | $486 | $833 | $1,286 | $1,781 |
Source: Ownwell