Murphy, Cherokee County, North Carolina Property Taxes
Property Taxes in Murphy, North Carolina
Median Murphy, North Carolina effective property tax rate: 0.72%, significantly lower than the national median of 1.02%, and lower than the North Carolina state median of 0.81%.
Median Murphy, North Carolina home value: $139,845
Median annual Murphy, North Carolina tax bill: $989, $1,411 lower than the national median property tax bill of $2,400.
How are property taxes in Cherokee calculated?
Property taxes in Murphy, 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 Murphy's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Murphy, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Murphy, Cherokee County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.72%
Estimate Property Tax Bill
$1,007
$934
How Does the Murphy Property Tax Calculator Work?
Use this Murphy property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Murphy's median effective tax rate of 0.72% — based on actual property records in Cherokee 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 Murphy'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 Murphy: rates range from 0.72% in 28906 to 0.72% in 28906, 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 Murphy.
About Murphy Property Taxes
About Property Taxes in Murphy, Cherokee, North Carolina
Murphy’s median effective property tax rate of 0.72% is lower than the North Carolina state median of 0.81% and lower than the national median of 1.02%. This rate reflects the Cherokee 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 Murphy. Homeowners in the 28906 ZIP code carry a median effective rate of 0.72%, while those in the same ZIP also pay 0.72%. This reflects how school district boundaries and local assessment districts are drawn across Cherokee County. Understanding which part of Murphy you live in can make a meaningful difference to your annual tax bill.
Murphy 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 Murphy, Cherokee 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 Murphy'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 Murphy Tax Rate
0.72%
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 Cherokee County Tax Rate
0.72%
Median Effective North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Murphy, Cherokee County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28906 | 0.65% | 0.69% | 0.72% | 0.77% | 0.85% |
Source: Ownwell
Property Tax Assessment Values Across Murphy, Cherokee County, North Carolina
When examining property taxes in Murphy, 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 Cherokee County tax office 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 are sent in the spring each year and typically reach your mailbox by the middle of the season. 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.
For example, the median home price in Murphy is $139,845, with a median tax bill of $989. That is well below the national median property tax bill of $2,400 and the national median property tax rate of 1.02%. In ZIP code 28906, the median home price is also $139,845.
Property Tax Assessment Values Across Murphy, Cherokee County, North Carolina
Source: Ownwell
$91,330
$132,640
$173,950
Median Murphy Market Value
$139,845
Median Cherokee County Market Value
$129,235
Median North Carolina Market Value
$221,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Murphy, Cherokee County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28906 | $35,550 | $79,292 | $139,845 | $209,040 | $290,306 |
Source: Ownwell
Property Tax Bills Across Murphy, Cherokee County, North Carolina
Property tax bills in Murphy are calculated from a home’s assessed value, which is based on the market value set by the county, and the local tax rate applied to that value. For homeowners in Cherokee County, the median home price is $139,845, and the amount owed can vary widely depending on the property’s assessed value and the tax rate in the area.
What does that mean for homeowners? A higher assessed value usually leads to a higher tax bill, while a lower assessed value can reduce what you owe. In Murphy, the 25th percentile tax bill is $570, the 75th percentile tax bill is $1,463, and the 90th percentile tax bill is $2,045. The median tax bill is $989 in ZIP code 28906.
Because property taxes are tied to assessed value, homeowners may see changes when the county updates valuations. That can affect monthly budgeting and long-term housing costs, especially when local rates or assessments rise.
Median Murphy Tax Bill
$989
Median Cherokee County Tax Bill
$914
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$2,400
Property Tax Bills Across Murphy, Cherokee County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28906 | $271 | $570 | $989 | $1,463 | $2,045 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 1 |
Links | |
|---|---|
| Cherokee Tax Assessor | |
| Website | www.cherokeecounty-nc.gov |