Granite Falls, Caldwell County, North Carolina Property Taxes
Median Granite Falls, NC effective property tax rate: 0.74%, significantly lower than the national median of 1.02%, but lower than the North Carolina state median of 0.82%.
Median Granite Falls, NC home value: $114,100
Median annual Granite Falls, NC tax bill: $839, $1,561 lower than the national median property tax bill of $2,400.
How are property taxes in Caldwell County calculated?
Property taxes in Granite Falls, 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 Granite Falls’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Granite Falls, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Granite Falls, Caldwell County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.74%
Estimate Property Tax Bill
$844
$784
Property Tax Rates Across Granite Falls, Caldwell County, North Carolina
Local government entities in Granite Falls, NC, set property tax rates, which can vary within the state. Annually, Caldwell County estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.
Granite Falls has an effective property tax rate of 0.74%, aligning with the highest and lowest median tax rates within the state, found in the same zip code. This rate is below the national median property tax rate of 1.02%. When comparing property tax bills, Granite Falls residents typically pay less than the national median tax bill of $2400. This makes Granite Falls an appealing location for property owners seeking lower tax liabilities.
Understanding these nuances can empower property owners to make informed decisions about their investments and potential savings. Whether you're considering an appeal or exploring exemptions, being aware of these rates is crucial for effective property tax management.
Property Tax Rates Across Granite Falls, Caldwell County, North Carolina
Source: Ownwell
0.73%
0.97%
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 Granite Falls Tax Rate
0.74%
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 Caldwell County Tax Rate
0.75%
Median Effective North Carolina Tax Rate
0.82%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Granite Falls, Caldwell County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28630 | 0.64% | 0.67% | 0.74% | 0.80% | 0.96% |
Source: Ownwell
Property Tax Assessment Values Across Granite Falls, Caldwell County, North Carolina
When examining property taxes in Granite Falls, 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 Caldwell 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 Caldwell 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 Granite Falls. For example, the median home price in Granite Falls is $114,100, with tax bills ranging significantly across the county. 28630 has the highest median home price at $114,100.
Property Tax Assessment Values Across Granite Falls, Caldwell County, North Carolina
Source: Ownwell
$41,900
$226,750
$411,600
Median Granite Falls Market Value
$114,100
Median Caldwell County Market Value
$103,900
Median North Carolina Market Value
$197,136
Median United States Market Value
$235,294
Property Tax Assessment Values Across Granite Falls, Caldwell County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28630 | $28,390 | $66,200 | $114,100 | $181,500 | $306,310 |
Source: Ownwell
Property Tax Bills Across Granite Falls, Caldwell County, North Carolina
Property Tax Bills Across Granite Falls, Caldwell County, North Carolina
Source: Ownwell
$513
$1,677
$2,841
Median Granite Falls Tax Bill
$839
Median Caldwell County Tax Bill
$744
Median North Carolina Tax Bill
$1,615
Median United States Tax Bill
$2,400
Property Tax Bills Across Granite Falls, Caldwell County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28630 | $181 | $468 | $839 | $1,303 | $2,105 |
Source: Ownwell