Property Taxes in Gatesville, North Carolina
Median Gatesville, North Carolina effective property tax rate: 1.08%, significantly lower than the national median of 1.02%, and higher than the North Carolina state median of 0.81%.
Median Gatesville, North Carolina home value: $112,758
Median annual Gatesville, North Carolina tax bill: $1,206, lower than the national median property tax bill of $2,400.
How are property taxes in Gates County calculated?
Property taxes in Gatesville, 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 Gatesville's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Gatesville, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Gatesville Property Tax Calculator Work?
Use this Gatesville property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Gatesville's median effective tax rate of 1.08% — based on actual property records in Gates County — to generate your estimate.
Enter your property's estimated assessed value — the figure used to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Gatesville'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 Gatesville: rates range from 1.08% in 27938 to 1.08% in 27938, 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 Gatesville.
About Gatesville Property Taxes
About Property Taxes in Gatesville, Gates, North Carolina
Gatesville’s median effective property tax rate of 1.08% is lower than the North Carolina state median of 0.81% and higher than the national median of 1.02%. This rate reflects the Gates County base levy combined with local school district levies and special assessment districts that can vary by subdivision throughout the city.
Property tax rates are not uniform across Gatesville. Homeowners in the 27938 ZIP code carry a median effective rate of 1.08%, while those in the same ZIP also pay 1.08%. That means there is no spread across the city, but the assessed value of a home still plays a major role in the final bill. Gatesville’s median property tax bill is $1,206, below the national median property tax bill of $2,400.
Gatesville homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the June 18, 2025 deadline each year.
If your estimated bill 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 Gatesville, Gates 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 Gatesville'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 Gatesville Tax Rate
1.08%
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 Gates County Tax Rate
1.04%
Median Effective North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Gatesville, Gates County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27938 | 0.70% | 0.95% | 1.08% | 1.16% | 1.31% |
Source: Ownwell
Property Tax Assessment Values Across Gatesville, Gates County, North Carolina
When examining property taxes in Gatesville, 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 Gates 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 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 Gatesville is $112,758, with a median property tax bill of $1,206. That is below the national median property tax bill of $2,400. In 27938, the highest median home price is $112,758.
Property Tax Assessment Values Across Gatesville, Gates County, North Carolina
Source: Ownwell
$112,758
$131,805
$150,852
Median Gatesville Market Value
$112,758
Median Gates County Market Value
$119,547
Median North Carolina Market Value
$221,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Gatesville, Gates County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27938 | $35,749 | $66,468 | $112,758 | $174,043 | $245,145 |
Source: Ownwell
Property Tax Bills Across Gatesville, Gates County, North Carolina
Property tax bills in Gatesville are calculated by multiplying a home’s assessed value by the local tax rate set by the county and other taxing authorities. The assessed value is based on the market value of the property, which can change over time as home prices rise or fall. For homeowners, that means a higher assessed value can lead to a larger tax bill, even if nothing about the home itself has changed.
In Gates County, the median home price is $112,758, and the median property tax bill is $1,206. That is below the national median property tax bill of $2,400, which can make local taxes feel more manageable than in many other parts of the country. Still, bills vary widely: the 25th percentile is $708, while the 75th percentile is $1,712 and the 90th percentile is $2,268. These differences show how property characteristics and location can affect what homeowners pay.
Median Gatesville Tax Bill
$1,206
Median Gates County Tax Bill
$1,220
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$3,209
Property Tax Bills Across Gatesville, Gates County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27938 | $420 | $708 | $1,206 | $1,712 | $2,268 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 18 |
Links | |
|---|---|
| Gates Tax Assessor | |
| Website | www.bttaxpayerportal.com |