Concord, Mecklenburg County, North Carolina Property Taxes

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

Median Concord, NC effective property tax rate: 0.68%, significantly lower than the national median of 1.02%, but lower than the North Carolina state median of 0.82%.
Median Concord, NC home value: $437,050
Median annual Concord, NC tax bill: $3,004, $604 higher than the national median property tax bill of $2,400.

How are property taxes in Mecklenburg calculated?

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

Last Updated March 1, 2025

Concord, Mecklenburg County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.68%

Estimate Property Tax Bill

$2,972

$2,758

Ownwell’s Concord Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Concord with just two data points. By entering your property's estimated assessed value, our calculator applies Concord’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your 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 Mecklenburg County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Concord, Mecklenburg County, North Carolina

Local government entities set tax rates, which can vary widely within a state. This variance occurs because, annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. In Concord, located in Mecklenburg County, the effective property tax rate is 0.68%. This rate is significantly lower than the national median property tax rate of 1.02%, highlighting the affordability of property taxes in this area. When comparing Concord’s tax rate to other cities in North Carolina, it remains consistent, as Mecklenburg County also records the highest and lowest median tax rates at 0.68%. This suggests a stable property tax environment within the county, offering predictability for property owners. For those considering property ownership in Concord, the lower tax rate can be an appealing factor, providing potential savings compared to other regions in the U.S.

Property Tax Rates Across Concord, Mecklenburg County, North Carolina

Source: Ownwell

0.26%

0.53%

0.79%

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 Concord Tax Rate

0.68%

Median Effective Mecklenburg County Tax Rate

0.61%

Median Effective North Carolina Tax Rate

0.82%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Concord, Mecklenburg County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
28027	0.33%	0.50%	0.68%	0.69%	0.70%

Source: Ownwell

Property Tax Assessment Values Across Concord, Mecklenburg County, North Carolina

When examining property taxes in Concord, 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 Mecklenburg 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.

Assessment notices in Mecklenburg County 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 Concord. For example, the median home price in Concord is $437,050, with tax bills ranging significantly across the county. Zip code 28027 has the highest median home price at $437,050.

Property Tax Assessment Values Across Concord, Mecklenburg County, North Carolina

Source: Ownwell

$18,200

$650,975

$1,283,750

Median Concord Market Value

$437,050

Median Mecklenburg County Market Value

$364,800

Median North Carolina Market Value

$197,136

Median United States Market Value

$235,294

Property Tax Assessment Values Across Concord, Mecklenburg County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
28027	$208,240	$414,775	$437,050	$492,175	$512,140

Source: Ownwell

Property Tax Bills Across Concord, Mecklenburg County, North Carolina

In Concord, NC, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The tax rate is applied to this assessed value to calculate the annual tax bill. Factors such as property size, location, and market conditions play a significant role in determining the assessed value. Homeowners in Concord face a median tax bill of $3,004, which is notably higher than the national median of $2,400. This can place a considerable financial burden on residents, especially when compared to the national median property tax rate of 1.02%.

Ownwell offers a solution for homeowners looking to reduce their property tax bills. By providing expert property tax appeal and exemption services, Ownwell helps ensure that homeowners are not overpaying. Our team of professionals evaluates the assessed value of your property, identifies discrepancies, and files appeals on your behalf. This process can result in significant savings, allowing homeowners to allocate their resources more effectively. With Ownwell, you can rest assured that your property tax obligations are fair and accurate.

Property Tax Bills Across Concord, Mecklenburg County, North Carolina

Source: Ownwell

$206

$4,400

$8,593

Median Concord Tax Bill

$3,004

Median Mecklenburg County Tax Bill

$2,199

Median North Carolina Tax Bill

$1,615

Median United States Tax Bill

$2,400

Property Tax Bills Across Concord, Mecklenburg County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
28027	$730	$2,271	$3,004	$3,134	$3,391

Source: Ownwell