Mount Holly, Gaston County, North Carolina Property Taxes

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

Median Mount Holly, NC effective property tax rate: 1.56%, significantly higher than the national median of 1.02%, but lower than the North Carolina state median of 0.82%.
Median Mount Holly, NC home value: $171,220
Median annual Mount Holly, NC tax bill: $2,849, $449 higher than the national median property tax bill of $2,400.

How are property taxes in Gaston calculated?

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

Last Updated March 1, 2025

Mount Holly, Gaston County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.56%

Estimate Property Tax Bill

$2,671

$2,479

Ownwell’s Mount Holly Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Mount Holly with just two data points. By entering your property's estimated assessed value, our calculator applies Mount Holly'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 Mount Holly, Gaston County, North Carolina

Local government entities set tax rates, which can vary widely within a state. 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 Mount Holly’s effective property tax rate to other cities in North Carolina and the median property tax rates in North Carolina and the U.S.

Mount Holly, located in Gaston County, has a property tax rate of 1.56%. This is notably higher than the national median property tax rate of 1.02%. The property tax rate in Mount Holly aligns with the highest median tax rate within its own zip code, 28120. This means residents of Mount Holly are paying more than the average U.S. homeowner. Understanding these rates can help property owners in Mount Holly make informed decisions about their property taxes and potential appeals.

Property Tax Rates Across Mount Holly, 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 Mount Holly Tax Rate

1.56%

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 Mount Holly, Gaston County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
28120	1.01%	1.18%	1.56%	1.78%	1.92%

Source: Ownwell

Property Tax Assessment Values Across Mount Holly, Gaston County, North Carolina

When examining property taxes in Mount Holly, 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 Mount Holly. For example, the median home price in Mount Holly is $171,220, with tax bills ranging significantly across the county. 28120 has the highest median home price at $171,220.

Property Tax Assessment Values Across Mount Holly, Gaston County, North Carolina

Source: Ownwell

$48,800

$154,335

$259,870

Median Mount Holly Market Value

$171,220

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 Mount Holly, Gaston County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
28120	$61,925	$106,225	$171,220	$241,365	$326,005

Source: Ownwell

Property Tax Bills Across Mount Holly, Gaston County, North Carolina

In Mount Holly, located in Gaston County, NC, property tax bills are calculated based on the assessed value of a home. This assessed value is determined by the county and reflects the market value of the property. Homeowners in this area face a median property tax bill of $2,849, which is above the national median of $2,400. While the 25th percentile tax bill is $1,664, the 75th percentile climbs to $3,961, and the 90th percentile reaches $5,084. These figures illustrate the variation in tax burdens depending on property value and location within the city. Such disparities can significantly impact homeowners' finances.

Ownwell offers a solution by assisting homeowners in appealing their property tax assessments, potentially lowering their tax bills. By leveraging their expertise in property tax laws and local market conditions, Ownwell ensures that homeowners are not overpaying. Their service can lead to substantial savings, making homeownership more affordable and manageable. With Ownwell's help, homeowners in Mount Holly can navigate the complexities of property taxes with confidence.

Property Tax Bills Across Mount Holly, Gaston County, North Carolina

Source: Ownwell

$1,016

$2,714

$4,411

Median Mount Holly Tax Bill

$2,849

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 Mount Holly, Gaston County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
28120	$993	$1,664	$2,849	$3,961	$5,084

Source: Ownwell