Gates County, North Carolina Property Taxes
Census Bureau ACS property tax data for North Carolina. Population: 3,472.
The median annual property tax in Gates County is $1,273, which is 11% lower than the North Carolina state average and 34% below the national average. The effective tax rate is 0.78% on a median home value of $163,900. Property taxes represent 2.1% of the median household income in this county.
Median Annual Tax
$1,273
-11% vs State
-34% vs US
Median Home Value
$163,900
-23% vs State
-23% vs US
Effective Tax Rate
0.78%
+11% vs State
-18% vs US
With vs Without Mortgage
With Mortgage
$1,428
$119/mo
Without Mortgage
$1,118
$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 | $1,273 +9.6% | 0.78% |
| 2022 | $1,162 +3.8% | 0.76% |
| 2021 | $1,119 +7.7% | 0.76% |
| 2020 | $1,039 -1.0% | 0.73% |
| 2019 | $1,050 | 0.71% |
Tax Burden
Tax-to-Income Ratio
2.1%
of median household income
Median Income
$61,612
per year
Monthly Tax
$106
per month
Other Counties in North Carolina
Henderson County
Tax: $1,667/yr Rate: 0.52%
Randolph County
Tax: $1,236/yr Rate: 0.72%
Wake County
Tax: $3,023/yr Rate: 0.71%
Johnston County
Tax: $1,840/yr Rate: 0.69%
Pasquotank County
Tax: $1,547/yr Rate: 0.69%
Anson County
Tax: $1,113/yr Rate: 0.93%
Frequently Asked Questions
What is the average property tax in Gates County, North Carolina? ▼
The median annual property tax in Gates County is $1,273 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.78% on a median home value of $163,900.
How does Gates County property tax compare to the national average? ▼
Property taxes in Gates County are 34% below the national average of $1,923. The effective rate of 0.78% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Gates County? ▼
In Gates County, homeowners with a mortgage pay a median of $1,428 in annual property taxes, while homeowners without a mortgage pay $1,118. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Gates County? ▼
Property taxes in Gates County represent approximately 2.1% of the median household income of $61,612. 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.