Vance County, North Carolina Property Taxes
Census Bureau ACS property tax data for North Carolina. Population: 9,224.
The median annual property tax in Vance County is $1,179, which is 18% lower than the North Carolina state average and 39% below the national average. The effective tax rate is 0.81% on a median home value of $146,300. Property taxes represent 2.5% of the median household income in this county.
Median Annual Tax
$1,179
-18% vs State
-39% vs US
Median Home Value
$146,300
-32% vs State
-31% vs US
Effective Tax Rate
0.81%
+16% vs State
-15% vs US
With vs Without Mortgage
With Mortgage
$1,240
$103/mo
Without Mortgage
$1,113
$93/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $1,179 +6.5% | 0.81% |
| 2022 | $1,107 +3.8% | 0.83% |
| 2021 | $1,066 +5.0% | 0.94% |
| 2020 | $1,015 +5.1% | 0.98% |
| 2019 | $966 | 0.95% |
Tax Burden
Tax-to-Income Ratio
2.5%
of median household income
Median Income
$46,943
per year
Monthly Tax
$98
per month
Other Counties in North Carolina
Iredell County
Tax: $1,843/yr Rate: 0.63%
Forsyth County
Tax: $1,934/yr Rate: 0.85%
Cherokee County
Tax: $1,045/yr Rate: 0.50%
Cleveland County
Tax: $1,240/yr Rate: 0.69%
Stokes County
Tax: $1,158/yr Rate: 0.62%
Nash County
Tax: $1,320/yr Rate: 0.77%
Frequently Asked Questions
What is the average property tax in Vance County, North Carolina? ▼
The median annual property tax in Vance County is $1,179 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.81% on a median home value of $146,300.
How does Vance County property tax compare to the national average? ▼
Property taxes in Vance County are 39% below the national average of $1,923. The effective rate of 0.81% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Vance County? ▼
In Vance County, homeowners with a mortgage pay a median of $1,240 in annual property taxes, while homeowners without a mortgage pay $1,113. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Vance County? ▼
Property taxes in Vance County represent approximately 2.5% of the median household income of $46,943. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.