Property Taxes in Terrell, North Carolina
Median Terrell, North Carolina effective property tax rate: 0.49%, significantly lower than the national median of 1.02%, and lower than the North Carolina state median of 0.81%.
Median Terrell, North Carolina home value: $419,600
Median annual Terrell, North Carolina tax bill: $2,049, $351 lower and lower than the national median property tax bill of $2,400.
How are property taxes in Catawba calculated?
Property taxes in Terrell, North Carolina 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 Terrell's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Terrell, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Terrell Property Tax Calculator Work?
Use this Terrell property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Terrell's median effective tax rate of 0.49% — based on actual property records in Catawba County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Terrell's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Terrell: rates range from 0.49% in 28682 to 0.49% in 28682, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Terrell.
About Terrell Property Taxes
About Property Taxes in Terrell, Catawba, North Carolina
Terrell's median effective property tax rate of 0.49% is lower than the North Carolina state median of 0.81% and lower than the national median of 1.02%. This rate reflects the Catawba County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Terrell. Homeowners in the 28682 ZIP code carry a median effective rate of 0.49%, while those in the same ZIP code pay 0.49%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Catawba County. Understanding which part of Terrell you live in can make a meaningful difference to your annual tax bill.
Terrell homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the May 4, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Terrell, Catawba County, North Carolina
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Terrell's effective property tax rate to other cities in North Carolina and the median property tax rates in North Carolina and the U.S.
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 Terrell Tax Rate
0.49%
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
0.51%
Median Effective North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Terrell, Catawba County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28682 | 0.49% | 0.49% | 0.49% | 0.49% | 0.49% |
Source: Ownwell
Property Tax Assessment Values Across Terrell, Catawba County, North Carolina
When examining property taxes in Terrell, North Carolina, 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 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 Catawba County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 Terrell.
For example, the median home price in Terrell is $419,600, with tax bills ranging significantly across the county. 28682 has the highest median home price at $419,600.
Property Tax Assessment Values Across Terrell, Catawba County, North Carolina
Source: Ownwell
$143,650
$318,875
$494,100
Median Terrell Market Value
$419,600
Median Catawba County Market Value
$222,900
Median North Carolina Market Value
$221,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Terrell, Catawba County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28682 | $280,600 | $294,300 | $419,600 | $935,500 | $1,303,280 |
Source: Ownwell
Property Tax Bills Across Terrell, Catawba County, North Carolina
Property tax bills in Terrell are calculated by applying the local tax rate to a home’s assessed market value. The assessed value is based on the property’s market value, so when home values rise, tax bills can rise too. For a city with a median home price of $419,600, the tax bill can vary widely depending on the home’s value and the local rate used by the county and other taxing authorities.
Homeowners should also know that the final bill is shaped by exemptions, special district taxes, and any changes in assessment. In Terrell, the median tax bill is $2,049, which is below the national median property tax bill of $2,400 and close to the national median property tax rate of 1.02%. Bills can still range much higher, with the 75th percentile at $4,541 and the 90th percentile at $6,424. That means property taxes can have a meaningful impact on monthly housing costs and long-term affordability.
Median Terrell Tax Bill
$2,049
Median Catawba County Tax Bill
$1,362
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$3,209
Property Tax Bills Across Terrell, Catawba County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28682 | $1,372 | $1,449 | $2,049 | $4,541 | $6,424 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | May 4 |
Links | |
|---|---|
| Catawba Tax Assessor | |
| Website | gis.catawbacountync.gov |