Property Tax & Income in Gates County, North Carolina
Gates County has an effective property tax rate of 0.76%. On the median home value of $170,800, that's roughly $1,296 per year. Median household income is $66,333.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Gates County | North Carolina (state context) |
|---|---|---|
| Effective property tax rate1 | 0.76% | 0.64% |
| Median home value1 | $170,800 | — |
| State income tax3 | top rate 3.99% | top rate 3.99% |
| State sales tax3 | 7.10% combined | 7.10% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Gates County, NC
Someone weighing a move to Gates County, North Carolina will find home prices here well below what many buyers expect to pay. The median home value sits at $170,800, and the median annual property tax bill comes to $1,296. That works out to an effective rate of 0.759 percent, which runs higher than North Carolina's statewide median of 0.644 percent and ranks 26th among the state's 100 counties. Even so, it stays under the national median of 0.794 percent. Households earning a median of $66,333, with per-capita income near $31,687, may find the carrying costs approachable given how far a dollar stretches on housing. Buyers looking at Corapeake, Eure, or Gates can expect a market where the purchase price itself, more than the tax rate, shapes what affordability looks like.