Midland, Cabarrus County, North Carolina Property Taxes
Median Midland, NC effective property tax rate: 0.88%, significantly lower than the national median of 1.02%, but higher than the North Carolina state median of 0.82%.
Median Midland, NC home value: $198,800
Median annual Midland, NC tax bill: $1,696, $704 lower than the national median property tax bill of $2,400.
How are property taxes in Cabarrus County calculated?
Property taxes in Midland, 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 Midland’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Midland, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Midland, Cabarrus County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.78%
Estimate Property Tax Bill
$2,692
$2,498
Property Tax Rates Across Midland, Cabarrus County, North Carolina
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 Midland Tax Rate
0.78%
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 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 Midland, Cabarrus County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28107 | 0.67% | 0.68% | 0.78% | 0.78% | 0.78% |
Source: Ownwell
Property Tax Assessment Values Across Midland, Cabarrus County, North Carolina
When examining property taxes in Midland, 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 Midland. For example, the median home price in Midland is $198,800, with tax bills ranging significantly across the county. ZIP code 28107 has the highest median home price at $198,800.
Property Tax Assessment Values Across Midland, Cabarrus County, North Carolina
Source: Ownwell
$243,440
$364,325
$485,210
Median Midland Market Value
$345,180
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 Midland, Cabarrus County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28107 | $135,470 | $248,930 | $345,180 | $489,990 | $638,652 |
Source: Ownwell
Property Tax Bills Across Midland, Cabarrus County, North Carolina
In Midland, located in Cabarrus County, NC, property tax bills are calculated based on the assessed value of a home. The local tax rate is applied to this assessed value, which is typically lower than the market value, to determine the tax bill. The median home price in Midland is $198,800, leading to a median property tax bill of $1,696, which is below the national median of $2,400. Homeowners in the 25th percentile pay around $705, while those in the 75th and 90th percentiles pay approximately $2,479 and $3,207, respectively. These figures highlight the variation in tax bills based on property value assessments and local tax rates.
For homeowners looking to reduce their property tax obligations, Ownwell offers invaluable assistance. By providing expert property tax appeal and exemption services, Ownwell helps homeowners ensure their properties are fairly assessed, potentially lowering their tax bills. This service can lead to significant savings, easing the financial burden on homeowners in Midland and beyond.
Median Midland Tax Bill
$2,539
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 Midland, Cabarrus County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28107 | $832 | $1,643 | $2,539 | $3,338 | $4,249 |
Source: Ownwell