Huntersville, North Carolina Property Taxes
The median property tax rate in Huntersville, NC is 0.59%, notably lower than both the national median of 0.99% and the North Carolina state median of 0.82%. With the median home value in Huntersville at $446,100, the typical annual property tax bill reaches $2,591, which is slightly below the national median of $2,690. Property taxes in Huntersville are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Huntersville's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Huntersville 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
Huntersville, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.59%
Estimate Property Tax Bill
$2,632
Ownwell’s Huntersville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Huntersville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Huntersville 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 Huntersville, North Carolina
Property taxes in Huntersville, North Carolina, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Huntersville is 0.59%, which is lower than the U.S. national median of 0.99%. Local government entities within Huntersville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Huntersville 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 Huntersville's effective property tax rate to other areas in Mecklenburg County and the national median. For comparison, the 28216 zip code has the highest median property tax rate of 0.62%, while the 28078 zip code has the lowest median tax rate of 0.59%. Understanding how these areas compare with Huntersville provides valuable insights into the varying tax landscape across Mecklenburg County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Huntersville Tax Rate
0.59%
Average Mecklenburg County Tax Rate
0.61%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Huntersville, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28031 | N/A | N/A | N/A | N/A | N/A |
| 28078 | 0.49% | 0.56% | 0.59% | 0.62% | 0.67% |
| 28105 | N/A | N/A | N/A | N/A | N/A |
| 28216 | 0.62% | 0.62% | 0.62% | 0.62% | 0.62% |
| 28273 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Huntersville, North Carolina
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Huntersville, North Carolina. 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 Mecklenburg 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. Assessment notices in Huntersville 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. For instance, the highest median tax bill in the area is $2,591 in the 28078 zip code, while the lowest median tax bill is $1,730 in the 28216 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Huntersville, North Carolina
Source: Ownwell
$18,200
$650,975
$1,283,750
Average Huntersville Assessed Value
$446,100
Average Mecklenburg County Assessed Value
$364,800
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Huntersville, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28031 | N/A | N/A | N/A | N/A | N/A |
| 28078 | $189,820 | $346,300 | $446,500 | $567,700 | $697,300 |
| 28105 | N/A | N/A | N/A | N/A | N/A |
| 28216 | $277,000 | $277,000 | $277,000 | $277,000 | $277,000 |
| 28273 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Huntersville, North Carolina
In Huntersville, property tax bills are calculated based on the assessed value of a home, which is determined by the Mecklenburg County Assessor's Office. The assessed value is a percentage of the market value of the property. To calculate the tax bill, this assessed value is then multiplied by the local tax rate. For Huntersville, the median home price is $446,100, and the property tax rate is reflective of the county's financial needs and budget allocations. Homeowners in Huntersville can expect property tax bills to vary significantly. For instance, the tax bill at the 25th percentile is $1,936, while at the 75th percentile, it rises to $3,326. At the higher end, the 90th percentile tax bill can reach up to $4,129. The highest median tax bill within the area is $2,591 in the 28078 zip code, whereas the lowest is $1,730 in the 28216 zip code. These property taxes fund essential public services such as schools, emergency services, and infrastructure, directly impacting the community's quality of life. Homeowners should consider these factors when budgeting and planning for their financial future.
Average Huntersville Tax Bill
$2,591
Average Mecklenburg County Tax Bill
$2,199
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Huntersville, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28031 | N/A | N/A | N/A | N/A | N/A |
| 28078 | $770 | $1,937 | $2,591 | $3,327 | $4,129 |
| 28105 | N/A | N/A | N/A | N/A | N/A |
| 28216 | $1,730 | $1,730 | $1,730 | $1,730 | $1,730 |
| 28273 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell