Stony Point, Iredell County, North Carolina Property Taxes

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

Median STONY POINT, NC effective property tax rate: 0.62%, significantly lower than the national median of 1.02%, and also lower than the North Carolina state median of 0.82%.
Median STONY POINT, NC home value: $146,790
Median annual STONY POINT, NC tax bill: $822, $1,578 lower than the national median property tax bill of $2,400.

How are property taxes in Iredell calculated?

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

Last Updated March 1, 2025

Stony Point, Iredell County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.62%

Estimate Property Tax Bill

$910

$845

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

Property Tax Rates Across Stony Point, Iredell County, North Carolina

Local government entities determine tax rates, leading to significant variations within a state. Each year, counties estimate their budgetary needs to fund essential services and divide this by the total value of all taxable property within their jurisdiction. This calculation establishes the property tax rate. Although the process involves votes and legal considerations, this is the core of how annual tax rates are determined.

In Stony Point, located in Iredell County, North Carolina, the effective property tax rate is a point of comparison against other cities within the state and the national median. With North Carolina's median property tax rate at 0.62%, Stony Point aligns with the state’s average, which is notably below the national median of 1.02%. This lower rate can mean substantial savings for property owners compared to the national average.

Understanding these rates is crucial for property owners who wish to optimize their tax liabilities. By comparing Stony Point’s effective tax rate to those in other cities and the national median, property owners can make informed decisions about potential appeals or exemptions.

Property Tax Rates Across Stony Point, Iredell County, North Carolina

Source: Ownwell

0.60%

0.89%

1.18%

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 Stony Point Tax Rate

0.62%

Median Effective Iredell County Tax Rate

0.64%

Median Effective North Carolina Tax Rate

0.82%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Stony Point, Iredell County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
28678	0.41%	0.59%	0.62%	0.64%	0.69%

Source: Ownwell

Property Tax Assessment Values Across Stony Point, Iredell County, North Carolina

When examining property taxes in Stony Point, 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 Iredell 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 Iredell 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 Stony Point. For example, the median home price in Stony Point is $146,790, with tax bills ranging significantly across the county. 28678 has the highest median home price at $146,790.

Property Tax Assessment Values Across Stony Point, Iredell County, North Carolina

Source: Ownwell

$118,825

$462,923

$807,020

Median Stony Point Market Value

$146,790

Median Iredell County Market Value

$268,560

Median North Carolina Market Value

$197,136

Median United States Market Value

$235,294

Property Tax Assessment Values Across Stony Point, Iredell County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
28678	$22,470	$72,375	$146,790	$276,500	$444,720

Source: Ownwell

Property Tax Bills Across Stony Point, Iredell County, North Carolina

In Stony Point, located in Iredell 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 $146,790, with tax bills ranging from the 25th percentile at $424 to the 90th percentile at $2,317. These figures highlight the variability in tax burdens faced by homeowners. The tax rate is applied to the assessed value, which is typically lower than the market value, to determine the tax bill. This system ensures that property taxes are proportional to the value of a property, but it can result in significant expenses for homeowners, especially when property values rise. Ownwell assists homeowners by offering property tax appeal and exemption services, potentially reducing their tax bills. By leveraging their expertise and understanding of local tax laws, Ownwell can identify opportunities for savings, ensuring homeowners pay only their fair share. This can be particularly beneficial in areas like Stony Point, where tax bills can vary widely.

Property Tax Bills Across Stony Point, Iredell County, North Carolina

Source: Ownwell

$694

$2,755

$4,815

Median Stony Point Tax Bill

$822

Median Iredell County Tax Bill

$2,001

Median North Carolina Tax Bill

$1,615

Median United States Tax Bill

$2,400

Property Tax Bills Across Stony Point, Iredell County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
28678	$148	$424	$822	$1,494	$2,317

Source: Ownwell