Rockwell, Cabarrus County, North Carolina Property Taxes
Median Rockwell, NC effective property tax rate: 0.68%, significantly lower than the national median of 1.02%, and lower than the North Carolina state median of 0.81%. Median Rockwell, NC home value: $313,180. Median annual Rockwell, NC tax bill: $1,779, $621 lower than the national median property tax bill of $2,400.
How are property taxes in Cabarrus calculated?
Property taxes in Rockwell, 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 Rockwell's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Rockwell, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Rockwell, Cabarrus County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.68%
Estimate Property Tax Bill
$2,130
$1,976
Property Tax Rates Across Rockwell, Cabarrus County, North Carolina
As noted earlier, local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Rockwell’s effective property tax rate to other cities in North Carolina and the median property tax rates in North Carolina and the U.S.
Rockwell in Cabarrus County boasts a property tax rate of 0.68%, which is significantly lower than the national median property tax rate of 1.02%. This makes Rockwell an attractive option for homeowners looking for lower property tax burdens. In comparison to other areas in North Carolina, Rockwell’s rate remains consistent, reflecting the county's efficient budget management. This consistency provides homeowners with a predictable tax environment, which is beneficial for financial planning. With the lower tax rate, Rockwell offers a compelling advantage to property owners seeking affordability and stability in their property tax obligations.
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 Rockwell Tax Rate
0.68%
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 Rockwell, Cabarrus County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28138 | 0.35% | 0.68% | 0.68% | 0.68% | 0.68% |
Source: Ownwell
Property Tax Assessment Values Across Rockwell, Cabarrus County, North Carolina
When examining property taxes in Rockwell, 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 Rockwell. For example, the median home price in Rockwell is $313,180, with tax bills ranging significantly across the county. Zip code 28138 has the highest median home price at $313,180.
Property Tax Assessment Values Across Rockwell, Cabarrus County, North Carolina
Source: Ownwell
$243,440
$364,325
$485,210
Median Rockwell Market Value
$313,180
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 Rockwell, Cabarrus County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28138 | $116,300 | $204,000 | $313,180 | $458,005 | $700,560 |
Source: Ownwell
Property Tax Bills Across Rockwell, Cabarrus County, North Carolina
Property Tax Bills Across Rockwell, Cabarrus County, North Carolina
Source: Ownwell
$1,779
$3,297
$4,815
Median Rockwell Tax Bill
$1,779
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 Rockwell, Cabarrus County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28138 | $668 | $1,107 | $1,779 | $2,828 | $4,054 |
Source: Ownwell