Bessemer City, Gaston County, North Carolina Property Taxes

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

Median Bessemer City, NC effective property tax rate: 1.38%, significantly higher than the national median of 1.02%, but lower than the NC state median of 0.82%.
Median Bessemer City, NC home value: $99,595
Median annual Bessemer City, NC tax bill: $1,481, $919 lower than the national median property tax bill of $2,400.

How are property taxes in Gaston calculated?

Property taxes in Bessemer City, 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 Bessemer City’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bessemer City, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Bessemer City, Gaston County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.38%

Estimate Property Tax Bill

$1,374

$1,275

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

Property Tax Rates Across Bessemer City, Gaston County, North Carolina

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates the budget required for services and divides it by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is the annual process in a nutshell.

In Bessemer City, located in Gaston County, North Carolina, the effective property tax rate is 1.38%. This rate is notably higher than the national median property tax rate of 1.02%, indicating that property owners in Bessemer City may face a higher tax burden compared to many other parts of the country. When comparing Bessemer City's rate to other cities in North Carolina, it aligns with the highest median tax rate within the state. Understanding these rates can help property owners make informed decisions about property investments and financial planning.

Property Tax Rates Across Bessemer City, Gaston County, North Carolina

Source: Ownwell

1.14%

1.59%

2.05%

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 Bessemer City Tax Rate

1.38%

Median Effective Gaston County Tax Rate

1.65%

Median Effective North Carolina Tax Rate

0.82%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Bessemer City, Gaston County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
28016	0.90%	1.08%	1.38%	1.90%	2.15%

Source: Ownwell

Property Tax Assessment Values Across Bessemer City, Gaston County, North Carolina

When examining property taxes in Bessemer City, 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 Gaston 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.

In Gaston 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 Bessemer City. For example, the median home price in Bessemer City is $99,595, with tax bills ranging significantly across the county. Zip code 28016 has the highest median home price at $99,595.

Property Tax Assessment Values Across Bessemer City, Gaston County, North Carolina

Source: Ownwell

$48,800

$154,335

$259,870

Median Bessemer City Market Value

$99,595

Median Gaston County Market Value

$132,190

Median North Carolina Market Value

$197,136

Median United States Market Value

$235,294

Property Tax Assessment Values Across Bessemer City, Gaston County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
28016	$35,805	$65,582	$99,595	$135,402	$189,132

Source: Ownwell

Property Tax Bills Across Bessemer City, Gaston County, North Carolina

In Bessemer City, located in Gaston County, NC, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in the area is $99,595. Homeowners in Bessemer City face a median property tax bill of $1,481, which is below the national median of $2,400. This makes it a relatively affordable area for property taxes, though individual bills can vary significantly. For instance, the tax bill at the 25th percentile is $944, while at the 90th percentile, it rises to $2,740. These variations are influenced by differences in property values and the specific exemptions or deductions homeowners may qualify for. Ownwell assists homeowners by identifying potential savings through property tax appeals and exemptions. By ensuring that properties are accurately assessed and that homeowners receive all eligible benefits, Ownwell can help reduce tax bills, making homeownership more affordable and less financially burdensome.

Property Tax Bills Across Bessemer City, Gaston County, North Carolina

Source: Ownwell

$1,016

$2,714

$4,411

Median Bessemer City Tax Bill

$1,481

Median Gaston County Tax Bill

$2,130

Median North Carolina Tax Bill

$1,615

Median United States Tax Bill

$2,400

Property Tax Bills Across Bessemer City, Gaston County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
28016	$564	$944	$1,481	$2,146	$2,740

Source: Ownwell