Lawndale, Catawba County, North Carolina Property Taxes
The median property tax rate in Lawndale, NC is 0.52%, significantly lower than both the national median of 0.99% and the North Carolina state median of 0.82%. With the median home value in Lawndale being $39,100, the typical annual property tax bill amounts to $224, far below the national median of $2,690. Property taxes in Lawndale are calculated based on the tax assessed value, which is often less than the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Lawndale's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Lawndale 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
Lawndale, Catawba County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.52%
Estimate Property Tax Bill
$203
$189
Ownwell’s Lawndale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Lawndale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Lawndale 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 Lawndale, Catawba County, North Carolina
Property taxes in Lawndale, North Carolina, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Lawndale is 0.52%, which is lower than both the North Carolina state median and the U.S. national median of 0.99%. Local government entities within Lawndale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Lawndale 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 Lawndale's effective property tax rate to other counties in North Carolina and the national median. For comparison, the zip code 28090 has the highest median property tax rate of 0.52%, while the zip code 28090 also has the lowest median tax rate of 0.52%. Understanding how these cities compare with Lawndale 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 Lawndale Tax Rate
0.52%
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 Lawndale, Catawba County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28090 | 0.45% | 0.45% | 0.52% | 0.83% | 1.00% |
Source: Ownwell
Property Tax Assessment Values Across Lawndale, Catawba County, North Carolina
In Lawndale, 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 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 Lawndale, 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. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. The median home price in Lawndale is $39,100, with annual tax bills ranging from $65 at the 25th percentile to $1,199 at the 90th percentile. The zip code 28090 has the highest median tax bill of $224. Being aware of these valuation processes in Lawndale helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Lawndale, Catawba County, North Carolina
Source: Ownwell
$39,100
$178,200
$317,300
Average Lawndale Assessed Value
$39,100
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 Lawndale, Catawba County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28090 | $13,040 | $14,600 | $39,100 | $79,800 | $106,740 |
Source: Ownwell
Property Tax Bills Across Lawndale, Catawba County, North Carolina
In Lawndale, 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 determine the annual property tax bill. For example, with a median home price of $39,100, homeowners can expect varying tax bills. At the 25th percentile, the tax bill is approximately $65, while at the 75th percentile, it reaches around $728. The 90th percentile sees tax bills as high as $1,199. These tax bills are influenced by several factors, including the property's market value, local tax rates, and any applicable exemptions or deductions. Compared to the national median property tax rate of 0.99%, Lawndale's rates can be considered relatively moderate. For homeowners, understanding these factors is crucial as they directly impact the affordability of owning property in the area. The highest and lowest median tax bills in Lawndale are both $224, indicating a relatively uniform tax landscape within the city.
Average Lawndale Tax Bill
$224
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 Lawndale, Catawba County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28090 | $38 | $65 | $224 | $728 | $1,199 |
Source: Ownwell