Cleveland, Rowan County, North Carolina Property Taxes

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

Median Cleveland, NC effective property tax rate: 0.67%, significantly lower than the national median of 1.02%, and lower than the North Carolina state median of 0.81%.
Median Cleveland, NC home value: $164,493
Median annual Cleveland, NC tax bill: $1,486, $914 lower than the national median property tax bill of $2,400.

How are property taxes in Rowan County calculated?

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

Last Updated March 1, 2025

Cleveland, Rowan County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.67%

Estimate Property Tax Bill

$1,102

$1,023

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

Property Tax Rates Across Cleveland, Rowan County, North Carolina

Local government entities determine tax rates, which can differ significantly across a state. This variation arises because each county annually estimates its budget needs for services and divides that by the total assessed value of all taxable property within its jurisdiction, resulting in the property tax rate. While the process involves votes and legislation, this is the basic annual procedure. In Cleveland, located in Rowan County, North Carolina, the effective property tax rate is notably distinct when compared to other cities in the state and the national median. North Carolina's median property tax rate is 0.67%, which is lower than the national median rate of 1.02%. This reflects the state's generally lower tax burden. Cleveland's tax rate aligns with the state's median, indicating a consistent approach to property taxation within the area. Homeowners in Cleveland benefit from this lower tax rate, which can contribute to more manageable property tax bills compared to the national average. This can be an attractive factor for potential property buyers considering the financial implications of property ownership in Cleveland and the broader Rowan County.

Property Tax Rates Across Cleveland, Rowan County, North Carolina

Source: Ownwell

0.66%

0.95%

1.24%

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 Cleveland Tax Rate

0.67%

Median Effective Rowan County Tax Rate

0.68%

Median Effective North Carolina Tax Rate

0.81%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Cleveland, Rowan County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
27013	0.66%	0.67%	0.67%	0.88%	0.88%

Source: Ownwell

Property Tax Assessment Values Across Cleveland, Rowan County, North Carolina

When examining property taxes in Cleveland, 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 Rowan 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 Rowan 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 Cleveland. For example, the median home price in Cleveland is $164,493, with tax bills ranging significantly across the county. Zip code 27013 has the highest median home price at $164,493.

Property Tax Assessment Values Across Cleveland, Rowan County, North Carolina

Source: Ownwell

$133,810

$404,798

$675,786

Median Cleveland Market Value

$164,493

Median Rowan County Market Value

$188,788

Median North Carolina Market Value

$221,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Cleveland, Rowan County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
27013	$39,431	$96,477	$164,493	$270,442	$419,011

Source: Ownwell

Property Tax Bills Across Cleveland, Rowan County, North Carolina

In Cleveland, NC, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county and reflects the home's market value. Homeowners in Cleveland face a median property tax bill of $1,486, which is below the national median of $2,400. The tax bill can vary significantly, with the 25th percentile at $854 and the 90th percentile reaching $2,923. These fluctuations depend on factors such as property size, location, and market conditions. High property taxes can be a burden for homeowners, impacting their financial stability and long-term investment in their properties.

Ownwell offers a solution by providing property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies, Ownwell helps homeowners lower their tax bills. This not only reduces financial strain but also ensures that homeowners pay a fair amount. With Ownwell's expertise, Cleveland residents can effectively manage their property tax obligations and potentially save significant amounts on their annual tax bills.

Property Tax Bills Across Cleveland, Rowan County, North Carolina

Source: Ownwell

$1,097

$2,838

$4,578

Median Cleveland Tax Bill

$1,486

Median Rowan County Tax Bill

$1,644

Median North Carolina Tax Bill

$1,813

Median United States Tax Bill

$2,400

Property Tax Bills Across Cleveland, Rowan County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
27013	$432	$854	$1,486	$2,174	$2,923

Source: Ownwell