Montgomery County, North Carolina Property Taxes
Census Bureau ACS property tax data for North Carolina. Population: 7,368.
The median annual property tax in Montgomery County is $1,057, which is 26% lower than the North Carolina state average and 45% below the national average. The effective tax rate is 0.70% on a median home value of $150,300. Property taxes represent 1.9% of the median household income in this county.
Median Annual Tax
$1,057
-26% vs State
-45% vs US
Median Home Value
$150,300
-30% vs State
-29% vs US
Effective Tax Rate
0.70%
+0% vs State
-26% vs US
With vs Without Mortgage
With Mortgage
$1,230
$103/mo
Without Mortgage
$815
$68/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 | $1,057 +1.9% | 0.70% |
| 2022 | $1,037 +9.0% | 0.74% |
| 2021 | $951 +2.9% | 0.78% |
| 2020 | $924 +4.2% | 0.77% |
| 2019 | $887 | 0.75% |
Tax Burden
Tax-to-Income Ratio
1.9%
of median household income
Median Income
$55,849
per year
Monthly Tax
$88
per month
Other Counties in North Carolina
Mitchell County
Tax: $1,014/yr Rate: 0.50%
Chowan County
Tax: $1,403/yr Rate: 0.69%
Perquimans County
Tax: $1,316/yr Rate: 0.62%
Graham County
Tax: $842/yr Rate: 0.54%
Hyde County
Tax: $753/yr Rate: 0.63%
Harnett County
Tax: $1,642/yr Rate: 0.74%
Frequently Asked Questions
What is the average property tax in Montgomery County, North Carolina? ▼
The median annual property tax in Montgomery County is $1,057 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.70% on a median home value of $150,300.
How does Montgomery County property tax compare to the national average? ▼
Property taxes in Montgomery County are 45% below the national average of $1,923. The effective rate of 0.70% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Montgomery County? ▼
In Montgomery County, homeowners with a mortgage pay a median of $1,230 in annual property taxes, while homeowners without a mortgage pay $815. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Montgomery County? ▼
Property taxes in Montgomery County represent approximately 1.9% of the median household income of $55,849. 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.