Union Mills, Mcdowell County, North Carolina Property Taxes
Last Updated March 1, 2025
Union Mills, Mcdowell County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.66%
Estimate Property Tax Bill
$731
$678
Property Tax Rates Across Union Mills, Mcdowell County, North Carolina
Local government entities are responsible for setting tax rates, which can vary significantly within North Carolina. Each county, including McDowell, estimates its budget needs annually to provide essential services. This budget is then divided by the total assessed value of all taxable property within the county, resulting in the property tax rate. Although the process involves votes and legal stipulations, this is essentially how it works each year.
In Union Mills, located in McDowell County, the effective property tax rate is 0.66%, aligning with the highest and lowest median rates in the state. This rate is significantly lower than the national median property tax rate of 1.02%, offering residents a relatively modest property tax bill compared to the national median of $2400. While Union Mills enjoys a lower tax rate, property owners should remain informed about potential changes in tax rates and budgets, as these factors directly impact their financial obligations.
Property Tax Rates Across Union Mills, Mcdowell County, North Carolina
Source: Ownwell
0.66%
0.68%
0.71%
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 Union Mills Tax Rate
0.66%
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 Mcdowell County Tax Rate
0.68%
Median Effective North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Union Mills, Mcdowell County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28167 | 0.19% | 0.66% | 0.66% | 0.66% | 0.66% |
Source: Ownwell
Property Tax Assessment Values Across Union Mills, Mcdowell County, North Carolina
When examining property taxes in Union Mills, 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.
In McDowell 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 Union Mills. For example, the median home price in Union Mills is $122,405, with tax bills ranging significantly across the county. Zip code 28167 has the highest median home price at $122,405.
Property Tax Assessment Values Across Union Mills, Mcdowell County, North Carolina
Source: Ownwell
$76,740
$327,523
$578,305
Median Union Mills Market Value
$110,715
Median Mcdowell County Market Value
$116,840
Median North Carolina Market Value
$221,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Union Mills, Mcdowell County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28167 | $34,238 | $78,720 | $110,715 | $190,765 | $430,109 |
Source: Ownwell
Property Tax Bills Across Union Mills, Mcdowell County, North Carolina
In Union Mills, 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 assessed value is typically a percentage of the property's market value. Homeowners in Union Mills face a median property tax bill of $760, which is significantly lower than the national median of $2,400. This difference highlights the relatively affordable property taxes in this region. However, tax bills can vary, with the 25th percentile at $548 and the 90th percentile reaching $2,549, indicating a range of tax burdens depending on property value and location.
Factors affecting tax bills include changes in assessed property value, local tax rates, and any applicable exemptions or deductions. Homeowners can potentially reduce their tax bills by appealing their property's assessed value or by applying for exemptions. Ownwell assists homeowners by offering expert property tax appeal services, ensuring assessments are fair and accurate. By leveraging Ownwell's expertise, homeowners can potentially save significantly on their property tax bills, alleviating financial burdens.
Property Tax Bills Across Union Mills, Mcdowell County, North Carolina
Source: Ownwell
$528
$2,332
$4,136
Median Union Mills Tax Bill
$688
Median Mcdowell County Tax Bill
$756
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$2,400
Property Tax Bills Across Union Mills, Mcdowell County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28167 | $197 | $347 | $688 | $1,139 | $2,377 |
Source: Ownwell