Valdese, Burke County, North Carolina Property Taxes

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

Median Valdese, NC effective property tax rate: 0.80%, significantly lower than the national median of 1.02%, but lower than the NC state median of 0.82%.
Median Valdese, NC home value: $153,894
Median annual Valdese, NC tax bill: $1,310, $1,090 lower than the national median property tax bill of $2,400.

How are property taxes in Burke calculated?

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

Last Updated March 1, 2025

Valdese, Burke County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.8%

Estimate Property Tax Bill

$1,231

$1,142

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

Property Tax Rates Across Valdese, Burke County, North Carolina

Local government entities in North Carolina are responsible for setting property tax rates, which can differ significantly across various regions. Annually, each county, including Burke County, calculates its necessary budget to fund public services and then divides this by the total assessed value of all taxable property within its boundaries. This process determines the property tax rate. Although voting and legislation play roles in setting these rates and budgets, this is essentially the yearly procedure.

In Valdese, located in Burke County, the effective property tax rate stands at 0.80%, which is notably lower than the national median property tax rate of 1.02%. This lower rate can result in more affordable property tax bills for homeowners compared to the national average. When comparing Valdese’s property tax rate to other cities in North Carolina, it remains competitive, offering residents a cost-effective option for property ownership. This advantageous tax rate can be a significant factor for potential homeowners considering moving to Valdese or current residents evaluating their financial commitments.

Property Tax Rates Across Valdese, Burke County, North Carolina

Source: Ownwell

0.69%

0.79%

0.89%

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 Valdese Tax Rate

0.80%

Median Effective Burke County Tax Rate

0.72%

Median Effective North Carolina Tax Rate

0.82%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Valdese, Burke County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
28690	0.68%	0.71%	0.80%	1.13%	1.16%

Source: Ownwell

Property Tax Assessment Values Across Valdese, Burke County, North Carolina

When examining property taxes in Valdese, 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 Burke 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 Burke 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 Valdese.

For example, the median home price in Valdese is $153,894, with tax bills ranging significantly across the county. The zip code 28690 has the highest median home price at $153,894.

Property Tax Assessment Values Across Valdese, Burke County, North Carolina

Source: Ownwell

$112,237

$281,582

$450,926

Median Valdese Market Value

$153,894

Median Burke County Market Value

$144,639

Median North Carolina Market Value

$197,136

Median United States Market Value

$235,294

Property Tax Assessment Values Across Valdese, Burke County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
28690	$59,592	$99,540	$153,894	$220,652	$310,641

Source: Ownwell

Property Tax Bills Across Valdese, Burke County, North Carolina

In Valdese, Burke County, NC, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The tax rate is applied to this assessed value to calculate the annual property tax bill. Homeowners in Valdese typically see tax bills ranging from $837 at the 25th percentile to $2,756 at the 90th percentile. The median home price in the area is $153,894, with the median tax bill being $1,310. This is below the national median property tax bill of $2,400, offering a relatively lower financial burden for homeowners. However, these taxes can still be a significant expense. Ownwell provides valuable services to help homeowners potentially reduce their property tax bills. By evaluating the assessed value and checking for discrepancies, Ownwell can assist in filing appeals and securing exemptions. This personalized service ensures that homeowners only pay their fair share, potentially saving them hundreds of dollars annually in property taxes.

Property Tax Bills Across Valdese, Burke County, North Carolina

Source: Ownwell

$919

$1,957

$2,995

Median Valdese Tax Bill

$1,310

Median Burke County Tax Bill

$1,021

Median North Carolina Tax Bill

$1,615

Median United States Tax Bill

$2,400

Property Tax Bills Across Valdese, Burke County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
28690	$477	$837	$1,310	$1,949	$2,756

Source: Ownwell