Rutherfordton, Polk County, North Carolina Property Taxes
Median Rutherfordton, NC effective property tax rate: 0.64%, significantly lower than the national median of 1.02%, but lower than the NC state median of 0.82%.
Median Rutherfordton, NC home value: $232,788
Median annual Rutherfordton, NC tax bill: $1,427, $973 lower than the national median property tax bill of $2,400.
How are property taxes in Polk County calculated?
Property taxes in Rutherfordton, 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 Rutherfordton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Rutherfordton, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Rutherfordton, Polk County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.65%
Estimate Property Tax Bill
$1,545
$1,434
Property Tax Rates Across Rutherfordton, Polk County, North Carolina
Local government entities set tax rates, which can vary widely within a state. This variation is because each county annually estimates its required budget to provide services 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 tax rates and budgets, this is the annual process in a nutshell.
Rutherfordton in Polk County, NC, has an effective property tax rate of 0.64%. This rate is notably lower than the national median property tax rate of 1.02%. Such a lower rate can significantly impact homeowners' annual tax bills, making Rutherfordton an attractive option for property owners seeking lower tax obligations. The median property tax bill in Rutherfordton is also likely to be below the national median of $2,400, offering potential savings for residents.
By understanding these local tax dynamics, property owners can make informed decisions about their investments and financial planning. Comparing Rutherfordton's property tax rate to other cities in North Carolina and the U.S. offers valuable insights into the region's affordability and economic landscape.
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 Rutherfordton Tax Rate
0.65%
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 Polk County Tax Rate
0.65%
Median Effective North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Rutherfordton, Polk County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28139 | 0.63% | 0.64% | 0.65% | 0.65% | 0.65% |
Source: Ownwell
Property Tax Assessment Values Across Rutherfordton, Polk County, North Carolina
When examining property taxes in Rutherfordton, 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 Polk 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 Polk 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 Rutherfordton. For example, the median home price in Rutherfordton is $232,788, with tax bills ranging significantly across the county. Zip code 28139 has the highest median home price at $232,788.
Property Tax Assessment Values Across Rutherfordton, Polk County, North Carolina
Source: Ownwell
$182,271
$210,914
$239,556
Median Rutherfordton Market Value
$237,725
Median Polk County Market Value
$229,992
Median North Carolina Market Value
$221,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Rutherfordton, Polk County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28139 | $89,903 | $151,948 | $237,725 | $361,279 | $604,302 |
Source: Ownwell
Property Tax Bills Across Rutherfordton, Polk County, North Carolina
In Rutherfordton, NC, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The median home price in Rutherfordton stands at $232,788. The property tax rate is applied to this assessed value, resulting in the annual tax bill. In Rutherfordton, the median property tax bill is $1,427, which is below the national median of $2,400. Homeowners in this area can expect tax bills ranging from $942 at the 25th percentile to $3,126 at the 90th percentile, reflecting variations in property values and tax rates. These taxes fund essential services like education, infrastructure, and public safety, impacting homeowners by influencing their overall cost of living.
Ownwell assists homeowners by identifying potential savings on their property tax bills. Through expert analysis and appealing inaccurate assessments, Ownwell can help reduce tax burdens, ensuring that homeowners only pay their fair share. This service can lead to significant savings, providing financial relief and peace of mind.
Property Tax Bills Across Rutherfordton, Polk County, North Carolina
Source: Ownwell
$1,183
$1,500
$1,816
Median Rutherfordton Tax Bill
$1,454
Median Polk County Tax Bill
$1,576
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$2,400
Property Tax Bills Across Rutherfordton, Polk County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28139 | $576 | $957 | $1,454 | $2,180 | $3,290 |
Source: Ownwell