Mint Hill posted a median commercial property tax rate of 0.5% in fiscal year 2025, placing it as the third-lowest within Mecklenburg County, data from BlockShopper.com show.
For the same period, the county median was 0.6%, making Mint Hill 0.1 percentage points lower than that benchmark.
Matthews also reported a 0.6% median commercial property tax rate during the year.
Across Mecklenburg County’s seven cities, commercial property tax rates varied from 0.4% in Cornelius to 0.8% in Pineville.
Mint Hill’s 0.4% rate in fiscal year 2024 ranked seventh in the county.
Commercial property tax rates averaged 1.76% in 53 of the nation’s largest cities in 2024, according to the Lincoln Institute of Land Policy. Their analysis estimates that a property valued at $1 million—including $200,000 in fixtures—tallies an annual tax of approximately $21,060. Rate levels differ across cities, from under 1% to up to 4%.
Classification systems can push effective property tax rates for commercial, industrial and apartment buildings above those for residential properties in numerous states. In certain areas, businesses may face rates several times higher than homeowners. For instance, the commercial rate in Charleston is roughly six times above the residential rate.
| Rank | City | Tax Rate % |
|---|---|---|
| 1 | Pineville | 0.8% |
| 2 | Huntersville | 0.7% |
| 3 | Charlotte | 0.6% |
| 3 | Davidson | 0.6% |
| 5 | Mint Hill | 0.5% |
| 5 | Matthews | 0.5% |
| 7 | Cornelius | 0.4% |
| Rank | Address | Tax Rate % |
|---|---|---|
| 1 | 11325 Blair Road | 1.2% |
| 2 | 8009 Blair Road | 0.9% |
| 3 | 9125 Lawyers Road | 0.7% |
| 4 | 6849 Matthews-Mint Hill Road | 0.5% |
| 5 | 8217 Fairview Road | 0.4% |
| 6 | 11013 Blair Road | 0.3% |
| 6 | 11311 Lawyers Road | 0.3% |
Note: Some property addresses may be incomplete or missing due to limitations in county assessor data.
Information in this article was obtained from BlockShopper.com. The source data can be found here.