Cramerton, Gaston County, North Carolina Property Taxes

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

Median Cramerton, NC effective property tax rate: 1.79%, significantly higher than the national median of 1.02%, but lower than the North Carolina state median of 0.82%.
Median Cramerton, NC home value: $136,850
Median annual Cramerton, NC tax bill: $2,686, $286 higher than the national median property tax bill of $2,400.

How are property taxes in Gaston County calculated?

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

Last Updated March 1, 2025

Cramerton, Gaston County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.79%

Estimate Property Tax Bill

$2,450

$2,273

Ownwell’s Cramerton Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Cramerton with just two data points.

By entering your property's estimated assessed value, our calculator applies Cramerton’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 Cramerton, Gaston County, North Carolina

Local government entities in North Carolina set property tax rates, which can vary widely within the state. Each year, Gaston County estimates its required budget to provide essential 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.

In Cramerton, located in Gaston County, the effective property tax rate stands at 1.79%. This rate is notably higher than the national median property tax rate of 1.02%. The property tax bill in Cramerton reflects this higher rate, impacting homeowners' annual expenses. Despite this, the effective property tax rate in Cramerton is consistent across the county, offering predictability for property owners.

When compared to other cities in North Carolina and the U.S. median, Cramerton's property tax rate highlights the importance of understanding local tax assessments. Whether you are a current homeowner or considering purchasing property, staying informed about these rates can help you make more strategic decisions regarding your real estate investments.

Property Tax Rates Across Cramerton, 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 Cramerton Tax Rate

1.79%

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 Cramerton, Gaston County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
28032	1.36%	1.53%	1.79%	1.99%	2.23%

Source: Ownwell

Property Tax Assessment Values Across Cramerton, Gaston County, North Carolina

When examining property taxes in Cramerton, 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. Assessment notices: 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 Cramerton. For example, the median home price in Cramerton is $136,850, with tax bills ranging significantly across the county. ZIP code 28032 has the highest median home price at $136,850.

Property Tax Assessment Values Across Cramerton, Gaston County, North Carolina

Source: Ownwell

$48,800

$154,335

$259,870

Median Cramerton Market Value

$136,850

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 Cramerton, Gaston County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
28032	$68,992	$98,025	$136,850	$264,290	$447,566

Source: Ownwell

Property Tax Bills Across Cramerton, Gaston County, North Carolina

In Cramerton, Gaston County, NC, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the tax bill. The median home price in Cramerton is $136,850, which results in a tax bill that can vary widely. For example, homeowners in the 25th percentile pay around $1,941, while those in the 75th percentile face bills as high as $4,411. At the 90th percentile, tax bills can reach up to $7,204. The median tax bill in the area is $2,686, which is above the national median of $2,400, despite the property tax rate being below the national median of 1.02%. This disparity can significantly impact homeowners' budgets. Ownwell can assist homeowners by appealing their property tax assessments, potentially lowering their tax bills. By ensuring assessments are fair and accurate, Ownwell helps homeowners save money and reduce their financial burden.

Property Tax Bills Across Cramerton, Gaston County, North Carolina

Source: Ownwell

$1,016

$2,714

$4,411

Median Cramerton Tax Bill

$2,686

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 Cramerton, Gaston County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
28032	$1,272	$1,941	$2,686	$4,411	$7,204

Source: Ownwell