Albemarle, Stanly County, North Carolina Property Taxes

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

Median Albemarle, NC effective property tax rate: 1.22%, significantly higher than the national median of 1.02%, but lower than the North Carolina state median of 0.82%.
Median Albemarle, NC home value: $116,708
Median annual Albemarle, NC tax bill: $1,045, $1,355 lower than the national median property tax bill of $2,400.

How are property taxes in Stanly County calculated?

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

Last Updated March 1, 2025

Albemarle, Stanly County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.22%

Estimate Property Tax Bill

$1,424

$1,321

Ownwell’s Albemarle Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Albemarle with just two data points. By entering your property's estimated assessed value, our calculator applies Albemarle’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 Stanly County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Albemarle, Stanly County, North Carolina

Local government entities in North Carolina set tax rates, which can vary widely within the state. Each year, Stanly County estimates its budget to provide essential services, dividing this by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the annual process in a nutshell. Albemarle, located in Stanly County, has an effective property tax rate of 1.22%, which is higher than the national median of 1.02%. When you compare this rate to other cities in North Carolina, it aligns with the state’s median but exceeds the national average. This means property owners in Albemarle might pay more in property taxes compared to the typical U.S. homeowner. Understanding these rates can help property owners make informed decisions about their investments and potential savings through tax appeals or exemptions.

Property Tax Rates Across Albemarle, Stanly County, North Carolina

Source: Ownwell

0.68%

0.95%

1.22%

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 Albemarle Tax Rate

1.22%

Median Effective Stanly County Tax Rate

0.76%

Median Effective North Carolina Tax Rate

0.82%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Albemarle, Stanly County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
28001	0.38%	0.71%	1.22%	1.22%	1.22%

Source: Ownwell

Property Tax Assessment Values Across Albemarle, Stanly County, North Carolina

When examining property taxes in Albemarle, North Carolina, 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 Stanly 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 Stanly 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 Albemarle. For example, the median home price in Albemarle is $116,708, with tax bills ranging significantly across the county. Zip code 28001 has the highest median home price at $116,708.

Property Tax Assessment Values Across Albemarle, Stanly County, North Carolina

Source: Ownwell

$56,852

$134,651

$212,449

Median Albemarle Market Value

$116,708

Median Stanly County Market Value

$133,890

Median North Carolina Market Value

$197,136

Median United States Market Value

$235,294

Property Tax Assessment Values Across Albemarle, Stanly County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
28001	$43,379	$70,624	$116,708	$178,716	$261,823

Source: Ownwell

Property Tax Bills Across Albemarle, Stanly County, North Carolina

In Albemarle, located in Stanly County, NC, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. With the median home price at $116,708, homeowners can expect varying tax bills based on their property's assessed value. The tax bill at the 25th percentile is $588, while at the 75th percentile, it reaches $1,702, and at the 90th percentile, it climbs to $2,568. The highest and lowest median tax bills in the area are both $1,045, indicating a consistent tax rate across the region. Compared to the national median property tax rate of 1.02%, Albemarle's tax bills can be relatively moderate, but they still represent a significant expense for homeowners. Ownwell provides expert property tax appeal and exemption services to help homeowners potentially lower their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell can assist homeowners in Albemarle in securing fairer tax evaluations, ultimately leading to potential savings on their annual property tax expenses.

Property Tax Bills Across Albemarle, Stanly County, North Carolina

Source: Ownwell

$692

$1,269

$1,845

Median Albemarle Tax Bill

$1,045

Median Stanly County Tax Bill

$1,079

Median North Carolina Tax Bill

$1,615

Median United States Tax Bill

$2,400

Property Tax Bills Across Albemarle, Stanly County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
28001	$296	$588	$1,045	$1,702	$2,568

Source: Ownwell