Mooresville, Iredell County, North Carolina Property Taxes

Name: Property Tax Bills Across Mooresville, Iredell County, North Carolina
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Mooresville, NC effective property tax rate: 0.85%, significantly lower than the national median of 1.02%, but higher than the North Carolina state median of 0.82%.
Median Mooresville, NC home value: $405,260
Median annual Mooresville, NC tax bill: $3,819, $1,419 higher than the national median property tax bill of $2,400.

How are property taxes in Iredell County calculated?

Property taxes in Mooresville, 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 Mooresville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Mooresville, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Mooresville, Iredell County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.85%

Estimate Property Tax Bill

$3,445

$3,197

Ownwell’s Mooresville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Mooresville with just two data points.

By entering your property's estimated assessed value, our calculator applies Mooresville’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Iredell County — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Iredell County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Mooresville, Iredell County, North Carolina

Local government entities set tax rates, which can vary widely within a state. This variation is due to each county's annual process of estimating its required budget to provide services and dividing that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.

In Mooresville, located in Iredell County, NC, the effective property tax rate is an important consideration for homeowners. Compared to other cities in North Carolina, Mooresville's tax rate offers a distinct perspective. The median property tax rate in North Carolina is below the national median of 1.02%, and Mooresville's rate reflects this trend. Within the state, tax rates can vary significantly, with some areas experiencing higher rates than others. For instance, the highest median tax rate in Mooresville's area reaches 1.18%, while the lowest goes down to 0.61%. Understanding these variations can help homeowners make informed decisions about their property investments and financial planning.

Property Tax Rates Across Mooresville, Iredell County, North Carolina

Source: Ownwell

0.60%

0.89%

1.18%

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 Mooresville Tax Rate

0.85%

Median Effective Iredell County Tax Rate

0.64%

Median Effective North Carolina Tax Rate

0.82%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Mooresville, Iredell County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
28115	0.61%	0.76%	1.18%	1.19%	1.23%
28117	0.59%	0.60%	0.61%	1.02%	1.04%

Source: Ownwell

Property Tax Assessment Values Across Mooresville, Iredell County, North Carolina

When examining property taxes in Mooresville, 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 Iredell 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 Iredell 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 Mooresville. For example, the median home price in Mooresville is $405,260, with tax bills ranging significantly across the county. Zip code 28117 has the highest median home price at $516,955.

Property Tax Assessment Values Across Mooresville, Iredell County, North Carolina

Source: Ownwell

$118,825

$462,923

$807,020

Median Mooresville Market Value

$405,260

Median Iredell County Market Value

$268,560

Median North Carolina Market Value

$197,136

Median United States Market Value

$235,294

Property Tax Assessment Values Across Mooresville, Iredell County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
28115	$112,815	$204,545	$324,225	$426,562	$516,932
28117	$242,745	$356,440	$516,955	$853,005	$1,310,088

Source: Ownwell

Property Tax Bills Across Mooresville, Iredell County, North Carolina

In Mooresville, located in Iredell County, NC, property tax bills are calculated by multiplying the assessed value of a home by the local tax rate. The assessed value is determined by the county's appraisal of the property's market value. Homeowners in Mooresville face tax bills that can range significantly, with the 25th percentile paying around $2,333 and the 75th percentile reaching up to $5,068. The highest median tax bill in the area is $4,193 in the 28117 zip code, while the lowest is $3,331 in the 28115 zip code. These figures indicate a notable variation in tax bills within the city, influenced by factors such as neighborhood and home value. Compared to the national median property tax bill of $2,400, some homeowners in Mooresville may find themselves paying considerably more. Ownwell assists homeowners by identifying potential savings through appeals and exemptions, ensuring that residents pay only what is fair and potentially reducing their tax burden.

Property Tax Bills Across Mooresville, Iredell County, North Carolina

Source: Ownwell

$694

$2,755

$4,815

Median Mooresville Tax Bill

$3,819

Median Iredell County Tax Bill

$2,001

Median North Carolina Tax Bill

$1,615

Median United States Tax Bill

$2,400

Property Tax Bills Across Mooresville, Iredell County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
28115	$890	$1,794	$3,331	$4,674	$5,471
28117	$1,677	$2,881	$4,193	$5,496	$8,020

Source: Ownwell