Concord, Cabarrus County, North Carolina Property Taxes

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

Median Concord, NC effective property tax rate: 1.22%, significantly higher than the national median of 1.02%, but lower than the North Carolina state median of 0.82%. Median Concord, NC home value: $194,630. Median annual Concord, NC tax bill: $2,158, $242 lower than the national median property tax bill of $2,400.

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

Last Updated March 1, 2025

Concord, Cabarrus County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.22%

Estimate Property Tax Bill

$2,374

$2,203

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

Property Tax Rates Across Concord, Cabarrus County, North Carolina

Local government entities in North Carolina set property tax rates, which can vary significantly across the state. The process involves each county estimating its required budget to provide essential services and then dividing that by the total value of all taxable property within its jurisdiction. This calculation yields the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the core of the annual process.

In Concord, located in Cabarrus County, property tax rates reflect this standard approach. Comparing Concord’s effective property tax rate to other cities in North Carolina provides insight into regional tax dynamics. The median property tax rate in Cabarrus County is slightly above the national median, highlighting the variability within the state. While some areas like Concord have rates that align closely with the county's median, others may differ slightly, emphasizing the importance of understanding local tax assessments. This comparison underscores the importance of being informed about property tax rates, as they directly impact homeowners' annual expenses.

Property Tax Rates Across Concord, Cabarrus County, North Carolina

Source: Ownwell

0.81%

1.09%

1.37%

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 Concord Tax Rate

1.22%

Median Effective Cabarrus County Tax Rate

1.22%

Median Effective North Carolina Tax Rate

0.82%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Concord, Cabarrus County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
28025	0.81%	0.83%	1.21%	1.22%	1.22%
28027	0.81%	1.21%	1.22%	1.22%	1.22%

Source: Ownwell

Property Tax Assessment Values Across Concord, Cabarrus County, North Carolina

When examining property taxes in Concord, 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 Cabarrus 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 Cabarrus 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 Concord. For example, the median home price in Concord is $194,630, with tax bills ranging significantly across the county. Zip code 28027 has the highest median home price at $221,555.

Property Tax Assessment Values Across Concord, Cabarrus County, North Carolina

Source: Ownwell

$135,105

$220,088

$305,070

Median Concord Market Value

$194,630

Median Cabarrus County Market Value

$192,000

Median North Carolina Market Value

$197,136

Median United States Market Value

$235,294

Property Tax Assessment Values Across Concord, Cabarrus County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
28025	$37,000	$95,125	$170,870	$244,705	$346,700
28027	$58,000	$144,120	$221,555	$317,122	$405,475

Source: Ownwell

Property Tax Bills Across Concord, Cabarrus County, North Carolina

Property tax bills in Concord, located in Cabarrus County, NC, are calculated based on the assessed value of a property, which is determined by the local tax assessor. This assessed value is then multiplied by the property tax rate set by the local government to calculate the tax bill. Homeowners in Concord face a range of tax bills, with the 25th percentile at $1,217 and the 75th percentile reaching $3,227. The 90th percentile can see bills as high as $4,463, indicating significant variability based on property value and location. The median home price in Concord is $194,630, which can influence the overall tax burden. Compared to the national median property tax bill of $2,400, Concord's tax bills can be both higher and lower, depending on the specific area within the city. Ownwell can assist homeowners in Concord by evaluating their property assessments, identifying potential discrepancies, and filing appeals to ensure they are not overpaying. This service can lead to substantial savings on property tax bills.

Property Tax Bills Across Concord, Cabarrus County, North Carolina

Source: Ownwell

$1,200

$2,483

$3,765

Median Concord Tax Bill

$2,158

Median Cabarrus County Tax Bill

$2,115

Median North Carolina Tax Bill

$1,615

Median United States Tax Bill

$2,400

Property Tax Bills Across Concord, Cabarrus County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
28025	$322	$899	$1,723	$2,539	$3,628
28027	$762	$1,675	$2,624	$3,797	$4,915

Source: Ownwell