Property Taxes in Richfield, North Carolina
Median Richfield, North Carolina effective property tax rate: 0.67%, significantly lower than the national median of 1.02%, and lower than the North Carolina state median of 0.81%.
Median Richfield, North Carolina home value: $210,908
Median annual Richfield, North Carolina tax bill: $1,394, $1,006 lower than the national median property tax bill of $2,400.
How are property taxes in Rowan calculated?
Property taxes in Richfield, 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 Richfield's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Richfield, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Richfield Property Tax Calculator Work?
Use this Richfield property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Richfield's median effective tax rate of 0.67% — based on actual property records in Rowan County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Richfield'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 Richfield: rates range from 0.67% in 28137 to 0.67% in 28137, 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 Richfield.
About Richfield Property Taxes
About Property Taxes in Richfield, Rowan, North Carolina
Richfield’s median effective property tax rate of 0.67% is lower than the North Carolina state median of 0.81% and lower than the national median of 1.02%. This rate reflects the Rowan County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Richfield. Homeowners in ZIP code 28137 carry a median effective rate of 0.67%, and the median tax bill is $1,394. That is below the national median property tax bill of $2,400 and $1,006 lower than the state tax bill difference provided here. Understanding how your assessed value is set can make a meaningful difference to your annual tax bill.
Richfield homeowners who believe their assessed value is too high can file a formal appeal with the Rowan County Tax Assessor before the May 4, 2026 deadline each year.
If your estimated bill above 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 Richfield, Rowan County, North Carolina
Local government entities set tax rates, which can vary widely within a state.
Why? Because each year, Rowan County estimates the budget needed to provide services and divides that amount by the total value of all taxable property within its jurisdiction. That calculation determines the property tax rate.
While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.
Below, you can compare Richfield’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 Richfield Tax Rate
0.67%
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 Rowan County Tax Rate
0.68%
Median Effective North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Richfield, Rowan County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28137 | 0.65% | 0.67% | 0.67% | 0.67% | 0.67% |
Source: Ownwell
Property Tax Assessment Values Across Richfield, Rowan County, North Carolina
When examining property taxes in Richfield, 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 Rowan County tax office 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 Rowan County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 Richfield.
For example, the median home price in Richfield is $210,908, with tax bills ranging significantly across the county. 28137 has the highest median home price at $210,908.00.
Property Tax Assessment Values Across Richfield, Rowan County, North Carolina
Source: Ownwell
$133,810
$404,798
$675,786
Median Richfield Market Value
$210,908
Median Rowan County Market Value
$188,788
Median North Carolina Market Value
$221,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Richfield, Rowan County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28137 | $62,584 | $123,622 | $210,908 | $331,025 | $470,032 |
Source: Ownwell
Property Tax Bills Across Richfield, Rowan County, North Carolina
Property tax bills in Richfield are based on the assessed value of a home and the local tax rate set by Rowan County and other taxing authorities. When a property’s market value changes, the assessed value can change too, which affects the final bill. Homeowners with higher-valued homes generally pay more, while lower-valued homes tend to owe less.
For Richfield homeowners, the median home price is $210,908, and the median property tax bill is $1,394. That is below the national median property tax bill of $2,400 and below the national median property tax rate of 1.02%. Bills can still vary widely, though, with the 25th percentile at $826, the 75th percentile at $2,209, and the 90th percentile at $3,122. These differences show how location, assessed value, and local tax rates combine to determine what each homeowner pays.
Median Richfield Tax Bill
$1,394
Median Rowan County Tax Bill
$1,644
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$3,209
Property Tax Bills Across Richfield, Rowan County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28137 | $419 | $826 | $1,394 | $2,209 | $3,122 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | May 4 |
Links | |
|---|---|
| Rowan Tax Assessor | |
| Website | tax.rowancountync.gov |