Spruce Pine, Mcdowell County, North Carolina Property Taxes

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

Median Spruce Pine, NC effective property tax rate: 0.69%, significantly lower than the national median of 1.02%, but lower than the North Carolina state median of 0.82%.
Median Spruce Pine, NC home value: $147,110
Median annual Spruce Pine, NC tax bill: $973, $1,427 lower than the national median property tax bill of $2,400.

How are property taxes in McDowell calculated?

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

Last Updated March 1, 2025

Spruce Pine, Mcdowell County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.69%

Estimate Property Tax Bill

$1,015

$942

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

By entering your property's estimated assessed value, our calculator applies Spruce Pine’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 McDowell County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Spruce Pine, Mcdowell 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.

Spruce Pine in McDowell County, North Carolina, has an effective property tax rate that aligns with the median tax rate for the state. This rate is notably lower than the national median property tax rate of 1.02%. Such a comparatively lower rate can be a significant advantage for property owners in Spruce Pine, potentially resulting in substantial savings over time. With the national median property tax bill being $2400, homeowners in Spruce Pine may find their annual tax bills more manageable. This makes Spruce Pine an attractive location for those seeking lower property tax burdens. Understanding these rates can empower property owners to make informed decisions about their investments and financial planning.

Property Tax Rates Across Spruce Pine, Mcdowell County, North Carolina

Source: Ownwell

0.66%

0.67%

0.69%

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 Spruce Pine Tax Rate

0.69%

Median Effective Mcdowell County Tax Rate

0.68%

Median Effective North Carolina Tax Rate

0.82%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Spruce Pine, Mcdowell County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
28777	0.64%	0.64%	0.69%	0.69%	0.69%

Source: Ownwell

Property Tax Assessment Values Across Spruce Pine, Mcdowell County, North Carolina

When examining property taxes in Spruce Pine, 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 McDowell 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 McDowell County, assessment notices are sent in the spring each year. They’ll 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. 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 Spruce Pine. For example, the median home price in Spruce Pine is $147,110, with tax bills ranging significantly across the county. Zip code 28777 has the highest median home price at $147,110.

Property Tax Assessment Values Across Spruce Pine, Mcdowell County, North Carolina

Source: Ownwell

$104,560

$371,168

$637,775

Median Spruce Pine Market Value

$147,110

Median Mcdowell County Market Value

$111,420

Median North Carolina Market Value

$197,136

Median United States Market Value

$235,294

Property Tax Assessment Values Across Spruce Pine, Mcdowell County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
28777	$38,822	$45,105	$147,110	$231,560	$374,008

Source: Ownwell

Property Tax Bills Across Spruce Pine, Mcdowell County, North Carolina

In Spruce Pine, located in McDowell County, NC, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The tax rate is then applied to this assessed value to calculate the annual tax bill. With a median home price of $147,110, homeowners in this area face varying tax bills. The 25th percentile tax bill is $310, while the 75th percentile reaches $1,502, and the 90th percentile is $2,197. These figures highlight the range of property tax burdens faced by homeowners. Compared to the national median property tax rate of 1.02% and a median tax bill of $2,400, Spruce Pine's tax bills can be relatively lower, but they still represent a significant expense for many homeowners. Ownwell offers valuable services to help homeowners potentially reduce their property tax bills by appealing incorrect assessments and identifying eligible exemptions. By partnering with Ownwell, homeowners can gain insights and take proactive steps to ensure they are not overpaying on their property taxes.

Property Tax Bills Across Spruce Pine, Mcdowell County, North Carolina

Source: Ownwell

$676

$2,434

$4,192

Median Spruce Pine Tax Bill

$973

Median Mcdowell County Tax Bill

$723

Median North Carolina Tax Bill

$1,615

Median United States Tax Bill

$2,400

Property Tax Bills Across Spruce Pine, Mcdowell County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
28777	$267	$310	$973	$1,502	$2,197

Source: Ownwell