Lawndale, North Carolina Property Taxes
The median property tax rate in Lawndale, NC is 0.87%, which is lower than the national median of 0.99% but slightly higher than the North Carolina state median of 0.82%. With the median home value in Lawndale at $81,575, the typical annual property tax bill is $677, significantly below the national median of $2,690. Property taxes in Lawndale are calculated based on the tax assessed value, often lower than the market value due to exemptions like those for primary residences and agricultural properties. 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 Cleveland County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Lawndale, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.87%
Estimate Property Tax Bill
$710
$659
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, North Carolina
Property taxes in Lawndale, North Carolina, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Lawndale is 0.87%, which is lower than 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 both the highest and lowest median property tax rate of 0.87%. Understanding how these areas compare with Lawndale provides valuable insights into the varying tax landscape across Cleveland County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Lawndale Tax Rate
0.87%
Average Cleveland County Tax Rate
0.90%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Lawndale, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28090 | 0.52% | 0.81% | 0.87% | 0.95% | 1.14% |
Source: Ownwell
Property Tax Assessment Values Across Lawndale, 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 Cleveland 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. For example, the median home price in Lawndale is $81,575, with tax bills ranging from $423 at the 25th percentile to $1,799 at the 90th percentile. Notably, the highest and lowest median tax bills are both $677, found in the 28090 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities, identify opportunities for protesting assessments, and apply for exemptions to effectively manage their tax burden.
Property Tax Assessment Values Across Lawndale, North Carolina
Source: Ownwell
$55,703
$127,552
$199,401
Average Lawndale Assessed Value
$81,575
Average Cleveland County Assessed Value
$100,046
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Lawndale, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28090 | $23,710 | $49,273 | $81,575 | $150,920 | $247,286 |
Source: Ownwell
Property Tax Bills Across Lawndale, North Carolina
In Lawndale, Cleveland 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 the county assessor and reflects the market value of the property. Homeowners in Lawndale face a median property tax rate that aligns closely with the national median of 0.99%. For a median home price of $81,575, property tax bills can vary significantly. The 25th percentile tax bill is about $423, while the 75th percentile tax bill reaches $1,164. At the 90th percentile, homeowners might see tax bills as high as $1,799. These property tax bills impact homeowners by influencing their annual housing costs and potentially affecting their financial planning. Higher tax bills can be a substantial expense, especially when compared to national averages. In Lawndale, the highest and lowest median tax bills are both $677, indicating a relatively consistent tax burden across different properties within the same zip code (28090).
Average Lawndale Tax Bill
$677
Average Cleveland County Tax Bill
$887
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Lawndale, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28090 | $223 | $423 | $677 | $1,164 | $1,799 |
Source: Ownwell