Locust, Stanly County, North Carolina Property Taxes

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

Median Locust, NC effective property tax rate: 1.09%, slightly higher than the national median of 1.02%, but lower than the North Carolina state median of 0.82%. Median Locust, NC home value: $212,449. Median annual Locust, NC tax bill: $1,845, $555 lower than the national median property tax bill of $2,400.

How are property taxes in Stanly County calculated?

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

Last Updated March 1, 2025

Locust, Stanly County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.09%

Estimate Property Tax Bill

$2,381

$2,209

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

Property Tax Rates Across Locust, Stanly County, North Carolina

Local government entities determine tax rates, leading to variations across a state. This is because each county annually estimates its budget requirements for services and divides this by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws influence these decisions, this is the core process.

In Locust, Stanly County, North Carolina, the effective property tax rate stands at 1.09%, which is slightly above the national median of 1.02%. This rate is consistent across the county, reflecting a uniform approach to property taxation. Compared to other cities in North Carolina, Locust's tax rate is on par with the state median, which also sits at 1.09%.

This consistency simplifies financial planning for property owners, as they can anticipate their tax obligations without unexpected fluctuations. Understanding how these rates compare to the national and state medians can provide valuable insights for property owners considering an appeal or exemption service. By staying informed, property owners in Locust can make strategic decisions to potentially reduce their tax burden while supporting essential community services.

Property Tax Rates Across Locust, Stanly County, North Carolina

Source: Ownwell

0.69%

0.95%

1.22%

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 Locust Tax Rate

1.09%

Median Effective Stanly County Tax Rate

0.76%

Median Effective North Carolina Tax Rate

0.81%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Locust, Stanly County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
28097	0.39%	0.72%	1.09%	1.09%	1.09%

Source: Ownwell

Property Tax Assessment Values Across Locust, Stanly County, North Carolina

When examining property taxes in Locust, 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 Stanly 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 Stanly 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 Locust. For example, the median home price in Locust is $212,449, with tax bills ranging significantly across the county. Zip code 28097 has the highest median home price at $212,449.

Property Tax Assessment Values Across Locust, Stanly County, North Carolina

Source: Ownwell

$56,888

$157,645

$258,402

Median Locust Market Value

$218,423

Median Stanly County Market Value

$136,702

Median North Carolina Market Value

$221,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Locust, Stanly County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
28097	$97,955	$145,149	$218,423	$269,454	$321,971

Source: Ownwell

Property Tax Bills Across Locust, Stanly County, North Carolina

In Locust, located in Stanly County, NC, property tax bills are calculated based on the assessed value of your home, which is determined by the county assessor. The local tax rate is then applied to this assessed value to calculate the tax bill. With a median home price of $212,449, homeowners in Locust face tax bills that can vary significantly. For instance, the tax bill at the 25th percentile is $976, while at the 75th percentile, it rises to $2,664. This range reflects differences in home values and property characteristics. Compared to the national median property tax bill of $2,400, Locust's median tax bill of $1,845 is relatively lower. However, even within ZIP code 28097, there can be variations. Ownwell can assist homeowners by reviewing their property assessments and identifying opportunities for appeals or exemptions, potentially lowering their tax bills. By leveraging our expertise, homeowners can ensure they are not overpaying and can achieve significant savings on their property taxes.

Property Tax Bills Across Locust, Stanly County, North Carolina

Source: Ownwell

$684

$1,333

$1,981

Median Locust Tax Bill

$1,981

Median Stanly County Tax Bill

$1,122

Median North Carolina Tax Bill

$1,813

Median United States Tax Bill

$2,400

Property Tax Bills Across Locust, Stanly County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
28097	$520	$1,070	$1,981	$2,758	$3,357

Source: Ownwell