Marshville, Union County, North Carolina Property Taxes

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

Median Marshville, NC effective property tax rate: 0.64%, significantly lower than the national median of 1.02%, but lower than the North Carolina state median of 0.82%.
Median Marshville, NC home value: $186,300
Median annual Marshville, NC tax bill: $1,271, $1,129 lower than the national median property tax bill of $2,400.

How are property taxes in Union County calculated?

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

Last Updated March 1, 2025

Marshville, Union County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.64%

Estimate Property Tax Bill

$1,192

$1,106

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

Property Tax Rates Across Marshville, Union County, North Carolina

Local government entities are responsible for setting property tax rates, which can vary significantly within a state. This variation is due to each county's annual process of estimating its required budget to provide essential services. The budget is then divided by the total value of all taxable property within the county, resulting in the property tax rate. While the setting of tax rates and budgets involves votes and laws, this calculation forms the core of the process.

In Marshville, located in Union County, North Carolina, the effective property tax rate offers a unique perspective when compared to other cities in the state and across the nation. The median property tax rate in North Carolina is lower than the national average, providing residents with a relatively favorable tax environment. For homeowners in Marshville, understanding these rates is crucial for effective financial planning. By appealing property taxes or seeking exemptions, residents can potentially reduce their tax burden, making homeownership more affordable. With the right insights and assistance, navigating property tax complexities can be a straightforward process, ensuring that property owners in Marshville are not overpaying on their taxes.

Property Tax Rates Across Marshville, Union County, North Carolina

Source: Ownwell

0.63%

0.73%

0.84%

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 Marshville Tax Rate

0.64%

Median Effective Union County Tax Rate

0.67%

Median Effective North Carolina Tax Rate

0.82%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Marshville, Union County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
28103	0.36%	0.63%	0.64%	0.66%	1.15%

Source: Ownwell

Property Tax Assessment Values Across Marshville, Union County, North Carolina

When examining property taxes in Marshville, 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 Union County Tax Assessor 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 Union 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 Marshville.

For example, the median home price in Marshville is $186,300, with tax bills ranging significantly across the county. Zip code 28103 has the highest median home price at $186,300.

Property Tax Assessment Values Across Marshville, Union County, North Carolina

Source: Ownwell

$105,150

$265,600

$426,050

Median Marshville Market Value

$186,300

Median Union County Market Value

$277,400

Median North Carolina Market Value

$197,136

Median United States Market Value

$235,294

Property Tax Assessment Values Across Marshville, Union County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
28103	$58,240	$99,100	$186,300	$308,100	$446,820

Source: Ownwell

Property Tax Bills Across Marshville, Union County, North Carolina

In Marshville, 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 determine the tax bill. Homeowners in Union County experience a range of tax bills, with the 25th percentile at $640 and the 75th percentile reaching $1,879. The 90th percentile can see bills as high as $2,588. The median tax bill in Marshville is $1,271, which is notably lower than the national median of $2,400. This lower tax bill can be attributed to the local tax rate and assessed home values, providing some relief to homeowners compared to the national average. However, these tax bills can still pose a financial burden. Ownwell can assist homeowners by reviewing their property assessments and identifying potential inaccuracies or opportunities for exemptions, ultimately helping to reduce their tax liabilities and save them money.

Property Tax Bills Across Marshville, Union County, North Carolina

Source: Ownwell

$577

$1,960

$3,343

Median Marshville Tax Bill

$1,271

Median Union County Tax Bill

$2,194

Median North Carolina Tax Bill

$1,615

Median United States Tax Bill

$2,400

Property Tax Bills Across Marshville, Union County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
28103	$317	$640	$1,271	$1,879	$2,588

Source: Ownwell