Lake Norman property taxes: Mecklenburg, Iredell, Lincoln and Catawba, 2026-27

What are property taxes in Mecklenburg and Iredell counties?

Every home on the lake pays its county first. For the 2026-27 year the four counties that touch Lake Norman have set these rates, each per $100 of assessed value and each read off the county’s own published rate sheet:

County	2026-27 rate per $100
Mecklenburg	49.27 cents
Iredell	50.00 cents
Lincoln	49.90 cents
Catawba	39.85 cents

Mecklenburg and Iredell are within a cent of each other, which surprises people who have been told the Iredell side is the cheap side. The difference between two lake houses is almost never the county. It is what sits on top of the county: a town rate inside a town, a fire district rate outside one, and in part of Iredell a school district’s own supplement.

What is the property tax on a $1 million home in each Lake Norman town?

Here is the arithmetic on those rates for a home assessed at exactly $1,000,000. It is arithmetic, not a bill: your bill uses the county’s own assessed value for your house and can carry fees, such as a solid waste fee, that are not a rate.

Where	Rates that apply, per $100	Combined	On $1,000,000
Cornelius, in town	Mecklenburg 49.27 + Cornelius 19.31	68.58 cents	$6,858
Davidson, in town	Mecklenburg 49.27 + Davidson 27.60	76.87 cents	$7,687
Huntersville, in town	Mecklenburg 49.27 + Huntersville 22.75	72.02 cents	$7,202
Mooresville, in town and in the school district	Iredell 50.00 + Mooresville 48.36 + Mooresville Graded School District 15.50	113.86 cents	$11,386
Troutman, in town	Iredell 50.00 + Troutman 50.00	100.00 cents	$10,000
Denver, Denver fire district	Lincoln 49.90 + fire 10.99	60.89 cents	$6,089
Denver, East Lincoln fire district	Lincoln 49.90 + fire 10.50	60.40 cents	$6,040
Sherrills Ford	Catawba 39.85 + Sherrills Ford-Terrell fire 9.90	49.75 cents	$4,975

The Mecklenburg combined rates are the county’s own figures: its chart prints 68.58, 76.87 and 72.02 for the three towns. The rest I added up from the county and town rates as each county publishes them.

Denver and Sherrills Ford have no town rate at all: neither is among the municipalities on its county’s rate sheet. Catawba County’s sheet says it plainly, that all property is subject to the county tax plus either a fire tax or a municipality tax, and Lincoln County’s table lists the county and its fire districts and no Town of Denver.

Why do Mooresville-area taxes depend on the town line and the school district?

Mooresville is the one place on the lake where three rates can stack. A house inside the town limits pays Iredell County, the Town of Mooresville and, if it is inside the Mooresville Graded School District, that district’s supplemental tax as well. A house with a Mooresville mailing address outside the town limits pays no town rate, and Iredell County’s fire districts apply instead; the county’s rate page lists several, the All-County fire district at 9 cents among them, and the bill names the one a parcel is in. That is how two houses a mile apart, with the same address line, can differ by thousands of dollars a year.

A Mooresville address can be assigned to Mooresville Graded School District or Iredell-Statesville Schools, depending on the address. School assignments change, and the district is the only source that can tell you today’s. Confirm it with the district before you rely on it.

What will the 2027 revaluation change?

All four counties revalue as of January 2027. The NC Department of Revenue’s schedule for 2026-27 lists 2023 as the latest reappraisal and 2027 as the next for Mecklenburg, Iredell, Lincoln and Catawba, and Iredell County’s own tax page says the next revaluation will be effective for 1 January 2027.

A revaluation changes the assessed value of every property. It does not set the rate: each county and town board sets its rate afterwards, in its own budget. So nobody can honestly tell you today what a 2027 tax bill will be, and I will not try. What I can tell you is to budget from the rate that is published, and to read the new assessment when the county mails it, because that is the number you can appeal.

How is North Carolina property tax calculated?

Assessed value, divided by 100, times the combined rate. The NC Department of Revenue puts it as multiplying the county and municipal or district rate by the county’s appraisal, and property in North Carolina is assessed at 100 percent of its appraised value. On a $1,000,000 assessment in Cornelius at 68.58 cents, that is 1,000,000 divided by 100, times 0.6858: $6,858.