Henderson, Vance County, North Carolina Property Taxes
Median Henderson, NC effective property tax rate: 1.19%, significantly higher than the national median of 1.02%, but lower than the North Carolina state median of 0.82%. Median Henderson, NC home value: $61,392. Median annual Henderson, NC tax bill: $754, $1,646 lower than the national median property tax bill of $2,400.
How are property taxes in Vance calculated?
Property taxes in Henderson, 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 Henderson’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Henderson, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Henderson, Vance County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.19%
Estimate Property Tax Bill
$731
$678
Property Tax Rates Across Henderson, Vance County, North Carolina
Local government entities determine property tax rates, which can vary significantly even within the same state. This variation is primarily due to each county's annual assessment of its budgetary needs to provide essential services, which is then divided by the total value of all taxable properties within the county. This calculation establishes the property tax rate. Although the process involves votes and legislation, this is essentially how property tax rates are set each year.
In Henderson, located in Vance County, property tax rates reflect this process. The city's effective property tax rate can be compared to other cities within North Carolina, as well as the median property tax rates across the state and the nation. Henderson's rate is notably higher than the national median property tax rate of 1.02%, which results in a higher property tax bill compared to the national median of $2,400. Understanding these rates and how they are calculated can empower property owners to make informed decisions about their property taxes and explore potential savings through appeals or exemptions.
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 Henderson Tax Rate
1.19%
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 Vance County Tax Rate
1.16%
Median Effective North Carolina Tax Rate
0.82%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Henderson, Vance County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27536 | 1.02% | 1.64% | 1.76% | 2.03% | 2.47% |
| 27537 | 0.82% | 0.98% | 1.07% | 1.18% | 1.30% |
Source: Ownwell
Property Tax Assessment Values Across Henderson, Vance County, North Carolina
When examining property taxes in Henderson, 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 Vance 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 Vance 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 Henderson.
For example, the median home price in Henderson is $61,392, with tax bills ranging significantly across the county. Zip code 27537 has the highest median home price at $75,370.
Property Tax Assessment Values Across Henderson, Vance County, North Carolina
Source: Ownwell
$40,378
$70,216
$100,054
Median Henderson Market Value
$61,392
Median Vance County Market Value
$63,100
Median North Carolina Market Value
$197,136
Median United States Market Value
$235,294
Property Tax Assessment Values Across Henderson, Vance County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27536 | $11,472 | $20,969 | $40,378 | $76,867 | $138,665 |
| 27537 | $26,694 | $49,974 | $75,370 | $136,232 | $205,822 |
Source: Ownwell
Property Tax Bills Across Henderson, Vance County, North Carolina
In Henderson, located in Vance County, NC, property tax bills are calculated based on the assessed value of a property. The assessed value is determined by local tax authorities and reflects the market value of the home. Homeowners in Henderson face a median property tax bill of $802, which is below the national median of $2400. However, tax bills can vary significantly, with some residents paying as low as $465 and others as high as $2114. These variations are influenced by factors such as property location, size, and improvements. With a median home price in Henderson of $61,392, the property tax rate is a key consideration for homeowners.
Ownwell offers valuable assistance to homeowners by providing property tax appeal and exemption services. By analyzing property assessments and identifying potential savings, Ownwell can help reduce tax burdens. With expertise in local tax regulations, Ownwell ensures homeowners pay only their fair share, potentially saving them hundreds of dollars annually.
Median Henderson Tax Bill
$754
Median Vance County Tax Bill
$757
Median North Carolina Tax Bill
$1,615
Median United States Tax Bill
$2,400
Property Tax Bills Across Henderson, Vance County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27536 | $231 | $375 | $672 | $1,247 | $2,277 |
| 27537 | $309 | $545 | $802 | $1,372 | $2,052 |
Source: Ownwell