Davidson, Cabarrus County, North Carolina Property Taxes

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

Median Davidson, NC effective property tax rate: 0.81%, significantly lower than the national median of 1.02%, but lower than the NC state median of 0.82%.
Median Davidson, NC home value: $262,430
Median annual Davidson, NC tax bill: $3,111, $711 higher than the national median property tax bill of $2,400.

How are property taxes in Cabarrus calculated?

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

Last Updated March 1, 2025

Davidson, Cabarrus County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.14%

Estimate Property Tax Bill

$5,254

$4,876

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

Property Tax Rates Across Davidson, Cabarrus County, North Carolina

Local government entities determine tax rates, which can vary significantly within a state. Each county estimates its required budget for public services annually and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.

Davidson in Cabarrus County, NC, has an effective property tax rate of 0.81%, which stands out when compared to the national median property tax rate of 1.02%. This lower rate offers a financial advantage to property owners in Davidson, making it an attractive location for real estate investments. The area's property tax rate is consistent across the county, as seen in the zip code 28036, which shares the same rate.

This consistency provides predictability for homeowners, contrasting with areas where tax rates can fluctuate significantly. By understanding these differences, property owners can make informed decisions about where to invest and how to manage their property tax obligations effectively.

Property Tax Rates Across Davidson, Cabarrus County, North Carolina

Source: Ownwell

0.64%

0.89%

1.14%

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 Davidson Tax Rate

1.14%

Median Effective Cabarrus County Tax Rate

1.00%

Median Effective North Carolina Tax Rate

0.81%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Davidson, Cabarrus County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
28036	0.63%	0.63%	1.14%	1.14%	1.14%

Source: Ownwell

Property Tax Assessment Values Across Davidson, Cabarrus County, North Carolina

When examining property taxes in Davidson, 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 Cabarrus 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 Cabarrus 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 Davidson. For example, the median home price in Davidson is $262,430, with tax bills ranging significantly across the county. 28036 has the highest median home price at $262,430.

Property Tax Assessment Values Across Davidson, Cabarrus County, North Carolina

Source: Ownwell

$243,440

$364,325

$485,210

Median Davidson Market Value

$460,880

Median Cabarrus County Market Value

$339,450

Median North Carolina Market Value

$221,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Davidson, Cabarrus County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
28036	$162,398	$348,370	$460,880	$590,550	$728,478

Source: Ownwell

Property Tax Bills Across Davidson, Cabarrus County, North Carolina

In Davidson, located in Cabarrus County, NC, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the home's market value, which can fluctuate based on real estate trends. Homeowners in Davidson face a median property tax bill of $3,111, notably higher than the national median of $2,400. This disparity highlights the financial impact on residents, as property taxes can significantly influence household budgets. The 25th percentile tax bill in Davidson is $1,071, while the 75th percentile reaches $4,104, with the 90th percentile climbing to $5,161. Such variations indicate that how much a homeowner pays can differ widely based on property value and location within the city. Ownwell assists homeowners by offering property tax appeal services, potentially lowering their tax bills. By leveraging expert knowledge and local data, Ownwell helps clients navigate the complexities of property taxes, ensuring they pay only their fair share.

Property Tax Bills Across Davidson, Cabarrus County, North Carolina

Source: Ownwell

$1,779

$3,297

$4,815

Median Davidson Tax Bill

$4,502

Median Cabarrus County Tax Bill

$3,148

Median North Carolina Tax Bill

$1,813

Median United States Tax Bill

$2,400

Property Tax Bills Across Davidson, Cabarrus County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
28036	$943	$2,312	$4,502	$5,596	$6,855

Source: Ownwell