Midland, Stanly County, North Carolina Property Taxes

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

Median Midland, NC effective property tax rate: 0.73%, significantly lower than the national median of 1.02%, but lower than the North Carolina state median of 0.82%.
Median Midland, NC home value: $157,538
Median annual Midland, NC tax bill: $1,150, $1,250 lower than the national median property tax bill of $2,400.

How are property taxes in Stanly calculated?

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

Last Updated March 1, 2025

Midland, Stanly County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.73%

Estimate Property Tax Bill

$1,886

$1,750

Ownwell’s Midland Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Midland with just two data points. By entering your property's estimated assessed value, our calculator applies Midland’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 Midland, Stanly County, North Carolina

Local government entities determine property tax rates, which can vary significantly even within a single state. Each year, counties estimate the budget needed to provide essential services and divide this by the total value of all taxable property within their jurisdiction. This calculation establishes the property tax rate. Although setting tax rates and budgets involves votes and legal processes, this is essentially how it works annually.

In Midland, located in Stanly County, the effective property tax rate is a reflection of this annual budgeting process. When comparing Midland's property tax rate to other cities in North Carolina, it becomes evident that local rates can differ significantly. This is due to the unique budgetary requirements and property values in each area. The median property tax rate in North Carolina is lower than the national median of 1.02%, offering a more affordable tax environment compared to many other regions across the country. Understanding these differences can help property owners in Midland make informed decisions about their property taxes and potential appeals.

Property Tax Rates Across Midland, 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 Midland Tax Rate

0.73%

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 Midland, Stanly County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
28107	0.73%	0.73%	0.73%	0.73%	0.73%

Source: Ownwell

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

When examining property taxes in Midland, 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. Assessment notices: Stanly County sends assessment notices in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Midland. For example, the median home price in Midland is $157,538, with tax bills ranging significantly across the county. 28107 has the highest median home price at $157,538.

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

Source: Ownwell

$56,888

$157,645

$258,402

Median Midland Market Value

$258,402

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 Midland, Stanly County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
28107	$48,306	$96,073	$258,402	$337,548	$358,166

Source: Ownwell

Property Tax Bills Across Midland, Stanly County, North Carolina

In Midland, Stanly County, NC, property tax bills are calculated based on the assessed value of a property. The local tax rate is applied to this assessed value to determine the tax bill. Factors such as property size, location, and market conditions influence the assessed value, impacting the final tax bill. Homeowners in Midland experience a range of tax bills, with the 25th percentile at $386 and the 75th percentile at $1,825. The median tax bill in the area is $1,150, which is below the national median property tax bill of $2,400. This relatively lower tax burden can still significantly affect homeowners' finances. Ownwell offers valuable assistance to homeowners by providing property tax appeal and exemption services. Our expertise helps identify opportunities for reducing assessed values, ensuring homeowners pay only their fair share. By leveraging Ownwell's services, homeowners in Midland can potentially save on their property tax bills, easing their financial burden and enhancing their overall property investment.

Property Tax Bills Across Midland, Stanly County, North Carolina

Source: Ownwell

$684

$1,333

$1,981

Median Midland Tax Bill

$1,882

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 Midland, Stanly County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
28107	$318	$799	$1,882	$2,464	$2,649

Source: Ownwell