Davidson, Rowan County, North Carolina Property Taxes

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

Median Davidson, NC effective property tax rate: 0.68%, significantly lower than the national median of 1.02%, but lower than the North Carolina state median of 0.82%.
Median Davidson, NC home value: $669,574
Median annual Davidson, NC tax bill: $4,536, $2,136 higher than the national median property tax bill of $2,400.

How are property taxes in Rowan County calculated?

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

Last Updated March 1, 2025

Davidson, Rowan County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.68%

Estimate Property Tax Bill

$4,595

$4,264

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

Property Tax Rates Across Davidson, Rowan County, North Carolina

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 Davidson’s effective property tax rate to other cities in North Carolina and the median property tax rates in North Carolina and the U.S. Davidson, located in Rowan County, has a median property tax rate of 0.68%. This rate is notably lower than the national median property tax rate of 1.02%. In Davidson, the property tax rate is consistent across zip codes, providing a stable expectation for property owners. The lower property tax rate in Davidson can be an attractive feature for potential homeowners, offering a financial advantage over areas with higher rates. When considering relocation or investment, understanding these rates can be crucial.

Property Tax Rates Across Davidson, Rowan County, North Carolina

Source: Ownwell

0.66%

0.95%

1.24%

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 Davidson Tax Rate

0.68%

Median Effective Rowan 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 Davidson, Rowan County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
28036	0.68%	0.68%	0.68%	0.68%	0.68%

Source: Ownwell

Property Tax Assessment Values Across Davidson, Rowan County, North Carolina

When examining property taxes in Davidson, 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 Rowan 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 Rowan 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 Davidson. For example, the median home price in Davidson is $669,574, with tax bills ranging significantly across the county. Zip code 28036 has the highest median home price at $669,574.

Property Tax Assessment Values Across Davidson, Rowan County, North Carolina

Source: Ownwell

$133,810

$404,798

$675,786

Median Davidson Market Value

$675,786

Median Rowan County Market Value

$188,788

Median North Carolina Market Value

$221,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Davidson, Rowan County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
28036	$574,326	$595,306	$675,786	$722,531	$763,406

Source: Ownwell

Property Tax Bills Across Davidson, Rowan County, North Carolina

In Davidson, Rowan County, NC, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. With a median home price of $669,574, homeowners in Davidson face property tax bills that can be quite significant. The median property tax bill in the area reaches $4,536, which is considerably higher than the national median of $2,400. Factors such as property size, location, and improvements can influence the assessed value and, consequently, the tax bill. Homeowners may feel the financial impact, especially when tax bills fall in the higher percentiles, such as the 90th percentile at $5,172.

Ownwell offers valuable assistance to homeowners by providing property tax appeal services. By reviewing assessments and identifying potential inaccuracies, Ownwell can help homeowners reduce their tax burden. This service ensures that homeowners pay only their fair share, potentially saving them significant amounts on their property tax bills.

Property Tax Bills Across Davidson, Rowan County, North Carolina

Source: Ownwell

$1,097

$2,838

$4,578

Median Davidson Tax Bill

$4,578

Median Rowan County Tax Bill

$1,644

Median North Carolina Tax Bill

$1,813

Median United States Tax Bill

$2,400

Property Tax Bills Across Davidson, Rowan County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
28036	$3,891	$4,033	$4,578	$4,895	$5,172

Source: Ownwell