Hickory, Burke County, North Carolina Property Taxes

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Property Taxes in Hickory, North Carolina

Median Hickory, NC effective property tax rate: 0.75%, significantly lower than the national median of 1.02%, but lower than the North Carolina state median of 0.82%.
Median Hickory, NC home value: $123,242
Median annual Hickory, NC tax bill: $994, $1,406 lower than the national median property tax bill of $2,400.

How are property taxes in Burke calculated?

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

Last Updated March 1, 2025

Hickory, Burke County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.75%

Estimate Property Tax Bill

$944

$876

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

Property Tax Rates Across Hickory, Burke 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 estimation of its budget requirements to provide necessary services, divided by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. Though votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.

In Hickory, located in Burke County, North Carolina, you can compare the effective property tax rate to other cities in the state and the median property tax rates in North Carolina and the U.S. Hickory's median tax rate stands at 0.75%, which is lower than the national median property tax rate of 1.02%. Within the city, the highest median tax rate is 0.79% in the zip code 28601, while the lowest is 0.73% in the zip code 28602. These figures highlight the potential savings for property owners in Hickory compared to the national average, making it an attractive location for property investments.

Property Tax Rates Across Hickory, Burke County, North Carolina

Source: Ownwell

0.69%

0.79%

0.89%

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 Hickory Tax Rate

0.75%

Median Effective Burke County Tax Rate

0.71%

Median Effective North Carolina Tax Rate

0.81%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Hickory, Burke County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
28601	0.70%	0.73%	0.79%	1.05%	1.16%
28602	0.63%	0.71%	0.73%	0.78%	0.89%
28655	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Hickory, Burke County, North Carolina

When examining property taxes in Hickory, 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 Burke 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 Burke 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 Hickory.

For example, the median home price in Hickory is $123,242, with tax bills ranging significantly across the county. Zip code 28602 has the highest median home price at $145,215.

Property Tax Assessment Values Across Hickory, Burke County, North Carolina

Source: Ownwell

$114,902

$307,073

$499,243

Median Hickory Market Value

$125,928

Median Burke County Market Value

$148,063

Median North Carolina Market Value

$221,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Hickory, Burke County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
28601	$43,261	$76,046	$114,902	$182,164	$256,565
28602	$41,285	$83,727	$147,752	$234,055	$313,696
28655	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Hickory, Burke County, North Carolina

In Hickory, located in Burke County, NC, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by local tax assessors and is a crucial factor in calculating the tax bill. Homeowners in Hickory face a median property tax bill of $1,037, which is significantly lower than the national median of $2,400. This makes Hickory an attractive location for those looking to save on property taxes. However, tax bills can vary widely, with the 25th percentile at $609 and the 90th percentile reaching $2,077. These variations depend on factors such as property location and market conditions. Ownwell offers valuable services to homeowners by providing property tax appeal and exemption services. By ensuring that properties are fairly assessed, Ownwell helps homeowners potentially reduce their tax liabilities. This can lead to significant savings and ensure that homeowners are not overpaying on their property taxes.

Property Tax Bills Across Hickory, Burke County, North Carolina

Source: Ownwell

$936

$2,160

$3,383

Median Hickory Tax Bill

$1,006

Median Burke County Tax Bill

$1,038

Median North Carolina Tax Bill

$1,813

Median United States Tax Bill

$2,400

Property Tax Bills Across Hickory, Burke County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
28601	$362	$642	$980	$1,500	$2,083
28602	$340	$615	$1,056	$1,642	$2,142
28655	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	May 4

Links
Burke Tax Assessor
Website	www.burkenctax.com

Frequently Asked Property Tax Questions in Hickory, North Carolina

How are property taxes calculated in Hickory, North Carolina?

Property taxes in Hickory, North Carolina are calculated by multiplying your property's assessed value by the applicable tax rate set by local taxing authorities. The assessed value is determined by the county assessor and may differ from your property's market value depending on local assessment ratios and exemptions.

How do I appeal my property taxes in Hickory, North Carolina?

To appeal your property taxes in Hickory, North Carolina, you typically need to file a formal protest or appeal with your local appraisal district or assessor's office by the stated deadline. You'll need evidence such as comparable sales, a recent independent appraisal, or documentation of property condition issues. Ownwell can handle this entire process for you.

What property tax exemptions are available in Hickory, North Carolina?

Common property tax exemptions in Hickory, North Carolina include homestead exemptions for primary residences, senior citizen exemptions, veteran exemptions, and disability exemptions. Exemption amounts and eligibility requirements vary by county. Contact your local appraisal district or check Ownwell for details specific to your property.

When are property taxes due in Hickory, North Carolina?

Property tax deadlines in Hickory, North Carolina vary by county but typically include an assessment notice period in spring or early summer, followed by an appeal deadline, and a tax payment due date in the fall or winter. Check with your county assessor's office for specific dates in your area.

How can Ownwell help reduce my property taxes in Hickory, North Carolina?

Ownwell provides professional property tax appeal services in Hickory, North Carolina. Our team analyzes your assessment, gathers evidence, files all paperwork, and represents you at hearings — all with no upfront cost. You only pay a percentage of your savings if we successfully lower your tax bill.