Sherrills Ford, Catawba County, North Carolina Property Taxes
Median SHERRILLS FORD, NC effective property tax rate: 0.78%, significantly lower than the national median of 1.02%, but lower than the NC state median of 0.82%.
Median SHERRILLS FORD, NC home value: $277,900
Median annual SHERRILLS FORD, NC tax bill: $1,995, $405 lower than the national median property tax bill of $2,400.
How are property taxes in Catawba calculated?
Property taxes in SHERRILLS FORD, 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 SHERRILLS FORD’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in SHERRILLS FORD, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Sherrills Ford, Catawba County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.78%
Estimate Property Tax Bill
$2,168
$2,011
Property Tax Rates Across Sherrills Ford, Catawba County, North Carolina
Local government entities in North Carolina set property tax rates, which can vary widely within the state. This variation arises because each county annually estimates its required budget to provide essential 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 the basic annual process.
In Sherrills Ford, located in Catawba County, the effective property tax rate is a reflection of this process. The median property tax rate for the area stands at 0.78%, which is notably lower than the national median property tax rate of 1.02%. This makes Sherrills Ford an attractive location for property owners seeking lower property tax liabilities. Compared to other cities in North Carolina, Sherrills Ford's rate aligns with the state's median, offering a competitive edge for potential homeowners. Understanding these rates is crucial for property owners aiming to manage their tax liabilities effectively.
Property Tax Rates Across Sherrills Ford, Catawba County, North Carolina
Source: Ownwell
0.52%
0.69%
0.85%
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 Sherrills Ford Tax Rate
0.78%
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 Catawba County Tax Rate
0.80%
Median Effective North Carolina Tax Rate
0.82%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Sherrills Ford, Catawba County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28673 | 0.48% | 0.70% | 0.78% | 0.88% | 1.00% |
Source: Ownwell
Property Tax Assessment Values Across Sherrills Ford, Catawba County, North Carolina
When examining property taxes in Sherrills Ford, 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 Catawba County Tax Administration 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 Catawba County, assessment notices are sent 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 Sherrills Ford. For example, the median home price in Sherrills Ford is $277,900, with tax bills ranging significantly across the county. Zip code 28673 has the highest median home price at $277,900.
Property Tax Assessment Values Across Sherrills Ford, Catawba County, North Carolina
Source: Ownwell
$39,100
$178,200
$317,300
Median Sherrills Ford Market Value
$277,900
Median Catawba County Market Value
$180,000
Median North Carolina Market Value
$197,136
Median United States Market Value
$235,294
Property Tax Assessment Values Across Sherrills Ford, Catawba County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28673 | $73,000 | $148,200 | $277,900 | $470,750 | $676,500 |
Source: Ownwell
Property Tax Bills Across Sherrills Ford, Catawba County, North Carolina
In Sherrills Ford, located in Catawba County, NC, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The median home price in the area is approximately $277,900. Tax rates are applied to this assessed value to determine the annual tax bill. The median tax bill in Sherrills Ford is around $1,995, which is below the national median property tax bill of $2,400. However, tax bills can vary significantly, with the 25th percentile at $1,149 and the 90th percentile reaching $5,409.
Factors such as property size, location, and market conditions can influence the assessed value, impacting the tax bill. Homeowners in Sherrills Ford may find their property tax bills to be a financial burden. This is where Ownwell can assist by providing expert property tax appeal and exemption services. By challenging over-assessments and ensuring homeowners receive all applicable exemptions, Ownwell helps reduce tax liabilities, offering potential savings and peace of mind.
Property Tax Bills Across Sherrills Ford, Catawba County, North Carolina
Source: Ownwell
$224
$1,300
$2,375
Median Sherrills Ford Tax Bill
$1,995
Median Catawba County Tax Bill
$1,310
Median North Carolina Tax Bill
$1,615
Median United States Tax Bill
$2,400
Property Tax Bills Across Sherrills Ford, Catawba County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28673 | $424 | $1,149 | $1,995 | $3,706 | $5,409 |
Source: Ownwell