Hamptonville, Iredell County, North Carolina Property Taxes

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

Median Hamptonville, NC effective property tax rate: 0.63%, significantly lower than the national median of 1.02%, but lower than the North Carolina state median of 0.82%.
Median Hamptonville, NC home value: $126,080
Median annual Hamptonville, NC tax bill: $701, $1,699 lower than the national median property tax bill of $2,400.

How are property taxes in Iredell County calculated?

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

Last Updated March 1, 2025

Hamptonville, Iredell County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.63%

Estimate Property Tax Bill

$796

$739

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

Property Tax Rates Across Hamptonville, Iredell County, North Carolina

Local government entities are responsible for setting tax rates, leading to significant variations within a state. This is because each county annually estimates its budget needs to provide essential services and divides that by the total value of all taxable property in its area, resulting in the property tax rate. While setting these rates involves votes and laws, this annual process is primarily how it works.

In Hamptonville, located in Iredell County, the effective property tax rate is 0.63%, which is lower than the national median property tax rate of 1.02%. This makes Hamptonville an attractive place for property owners seeking lower tax burdens. Compared to other cities within North Carolina, Hamptonville's tax rate is competitive, offering residents a more affordable option in terms of property taxes.

Understanding these rates can help homeowners make informed decisions about where to buy or invest in property. With property taxes being a significant factor in overall homeownership costs, choosing a location like Hamptonville can lead to substantial savings over time.

Property Tax Rates Across Hamptonville, Iredell County, North Carolina

Source: Ownwell

0.60%

0.89%

1.18%

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 Hamptonville Tax Rate

0.63%

Median Effective Iredell County Tax Rate

0.66%

Median Effective North Carolina Tax Rate

0.81%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Hamptonville, Iredell County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
27020	0.33%	0.60%	0.63%	0.68%	0.76%

Source: Ownwell

Property Tax Assessment Values Across Hamptonville, Iredell County, North Carolina

When examining property taxes in Hamptonville, 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 Iredell 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. Assessment notices: In Iredell 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 Hamptonville. For example, the median home price in Hamptonville is $126,080, with tax bills ranging significantly across the county. Zip code 27020 has the highest median home price at $126,080.

Property Tax Assessment Values Across Hamptonville, Iredell County, North Carolina

Source: Ownwell

$120,700

$467,655

$814,610

Median Hamptonville Market Value

$126,340

Median Iredell County Market Value

$275,750

Median North Carolina Market Value

$221,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Hamptonville, Iredell County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
27020	$33,746	$73,160	$126,340	$260,645	$397,534

Source: Ownwell

Property Tax Bills Across Hamptonville, Iredell County, North Carolina

In Hamptonville, NC, property tax bills are calculated based on the assessed value of your home, which is determined by the Iredell County tax assessor. This assessed value is then multiplied by the local tax rate to determine your annual tax bill. The median home price in Hamptonville is $126,080, with property tax bills ranging from the 25th percentile at $423 to the 90th percentile at $2,016. Compared to the national median property tax bill of $2,400, many homeowners in Hamptonville may find their tax bills relatively affordable. However, factors like property improvements or neighborhood developments can increase your assessed value, potentially leading to higher taxes. Ownwell offers services to help homeowners in Hamptonville save on their property tax bills by identifying potential errors in assessments and filing appeals on your behalf. By leveraging local expertise and a deep understanding of property tax laws, Ownwell can help ensure you pay only your fair share, potentially saving you hundreds of dollars annually.

Property Tax Bills Across Hamptonville, Iredell County, North Carolina

Source: Ownwell

$711

$2,795

$4,878

Median Hamptonville Tax Bill

$736

Median Iredell County Tax Bill

$2,103

Median North Carolina Tax Bill

$1,813

Median United States Tax Bill

$2,400

Property Tax Bills Across Hamptonville, Iredell County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
27020	$238	$437	$736	$1,338	$2,126

Source: Ownwell