Statesville, Alexander County, North Carolina Property Taxes
Last Updated March 1, 2025
Statesville, Alexander County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.72%
Estimate Property Tax Bill
$966
$897
Property Tax Rates Across Statesville, Alexander County, North Carolina
Local government entities are responsible for setting property tax rates, which can differ significantly across various regions within a state. This variation is due to the annual process where each county determines its budgetary needs to fund essential services. The total budget is then divided by the cumulative value of all taxable properties within the county, resulting in the property tax rate. This process is subject to votes and regulations, but this is the basic method employed each year.
In Statesville, located in Alexander County, the effective property tax rate is reflective of the local economic landscape. Compared to other areas within North Carolina, Statesville's tax rate aligns closely with the state's median. Interestingly, the median property tax rate in North Carolina is generally lower than the national median of 1.02%, providing some relief to property owners in the region. However, it's crucial for property owners to stay informed about their local tax rates and potential changes, as these can impact their financial planning and property investments.
Property Tax Rates Across Statesville, Alexander County, North Carolina
Source: Ownwell
0.71%
0.73%
0.74%
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 Statesville Tax Rate
0.72%
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 Alexander County Tax Rate
0.72%
Median Effective North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Statesville, Alexander County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28625 | 0.72% | 0.72% | 0.72% | 0.72% | 0.74% |
Source: Ownwell
Property Tax Assessment Values Across Statesville, Alexander County, North Carolina
When examining property taxes in Statesville, 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 Alexander 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 Alexander 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 Statesville. For example, the median home price in Statesville is $155,479, with tax bills ranging significantly across the county. ZIP code 28625 has the highest median home price at $155,479.
Property Tax Assessment Values Across Statesville, Alexander County, North Carolina
Source: Ownwell
$134,184
$179,030
$223,876
Median Statesville Market Value
$134,184
Median Alexander County Market Value
$173,642
Median North Carolina Market Value
$221,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Statesville, Alexander County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28625 | $21,633 | $75,071 | $134,184 | $205,837 | $246,989 |
Source: Ownwell
Property Tax Bills Across Statesville, Alexander County, North Carolina
In STATESVILLE, property tax bills are calculated based on the assessed value of the property, which is determined by the local assessor's office. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. The median property tax bill in Alexander County is $1,144, which is significantly lower than the national median of $2,400. This lower tax burden can be attributed to the relatively modest median home price of $155,479 in the area.
Homeowners should be aware that their property tax bills can vary significantly, with the 25th percentile tax bill at $360 and the 75th percentile at $1,744. These variations are influenced by factors such as property location, size, and improvements.
Ownwell can assist homeowners by reviewing their property assessments to ensure they are fair and accurate. By identifying potential discrepancies or opportunities for exemptions, Ownwell can help homeowners save on their property tax bills, providing peace of mind and potentially substantial financial relief.
Property Tax Bills Across Statesville, Alexander County, North Carolina
Source: Ownwell
$895
$1,242
$1,589
Median Statesville Tax Bill
$895
Median Alexander County Tax Bill
$1,252
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$2,400
Property Tax Bills Across Statesville, Alexander County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28625 | $157 | $531 | $895 | $1,431 | $1,782 |
Source: Ownwell