Staley, Chatham County, North Carolina Property Taxes

Name: Property Tax Bills Across Staley, Chatham County, North Carolina
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Staley, NC effective property tax rate: 0.89%, significantly lower than the national median of 1.02%, but higher than the North Carolina state median of 0.82%.
Median Staley, NC home value: $108,164
Median annual Staley, NC tax bill: $973, $1,427 lower than the national median property tax bill of $2,400.

How are property taxes in Chatham calculated?

Property taxes in Staley, NC are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Staley’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Staley, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Staley, Chatham County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.89%

Estimate Property Tax Bill

$963

$893

Ownwell’s Staley Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Staley with just two data points. By entering your property's estimated assessed value, our calculator applies Staley’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Chatham. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Staley, Chatham County, North Carolina

Local government entities are responsible for setting tax rates, and these can vary significantly within a state. This variation occurs because each county, including Chatham County, estimates its required budget to provide essential services annually. They then divide this budget by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially the yearly process. In Staley, located in Chatham County, the effective property tax rate stands at 0.89%, which is below the national median of 1.02%. This makes Staley an attractive option for property owners seeking a lower tax burden compared to many other areas in the U.S. When comparing Staley's property tax rate to other cities in North Carolina and the national average, it is evident that property owners in Staley benefit from a favorable tax rate, contributing to the area's appeal.

Property Tax Rates Across Staley, Chatham County, North Carolina

Source: Ownwell

0.81%

0.92%

1.03%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Staley Tax Rate

0.89%

Median Effective Chatham County Tax Rate

0.85%

Median Effective North Carolina Tax Rate

0.82%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Staley, Chatham County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
27355	0.61%	0.79%	0.89%	0.98%	1.05%

Source: Ownwell

Property Tax Assessment Values Across Staley, Chatham County, North Carolina

When examining property taxes in Staley, NC, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Chatham County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. In Chatham County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Staley. For example, the median home price in Staley is $108,164, with tax bills ranging significantly across the county. Zip code 27355 has the highest median home price at $108,164.

Property Tax Assessment Values Across Staley, Chatham County, North Carolina

Source: Ownwell

$108,164

$413,964

$719,763

Median Staley Market Value

$108,164

Median Chatham County Market Value

$323,510

Median North Carolina Market Value

$197,136

Median United States Market Value

$235,294

Property Tax Assessment Values Across Staley, Chatham County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
27355	$57,991	$75,912	$108,164	$174,485	$257,544

Source: Ownwell

Property Tax Bills Across Staley, Chatham County, North Carolina

In Staley, property tax bills are calculated based on the assessed value of a home. The local tax rate is applied to this assessed value to determine the tax bill. With a median home price of $108,164 in Chatham County, homeowners often find their property tax bills vary widely. The 25th percentile tax bill is $683, while the 75th percentile reaches $1,410, and the 90th percentile climbs to $2,007. The median tax bill in the area is $973, which is below the national median property tax bill of $2,400. However, these taxes can still be a significant expense for homeowners. Factors such as changes in property value and local government budgets can influence tax amounts. Ownwell can help homeowners by providing property tax appeal and exemption services, potentially lowering their tax bills. By analyzing property assessments and ensuring they align with market values, Ownwell assists homeowners in identifying opportunities to reduce their property tax obligations, thus offering substantial savings.

Property Tax Bills Across Staley, Chatham County, North Carolina

Source: Ownwell

$973

$3,310

$5,647

Median Staley Tax Bill

$973

Median Chatham County Tax Bill

$2,675

Median North Carolina Tax Bill

$1,615

Median United States Tax Bill

$2,400

Property Tax Bills Across Staley, Chatham County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
27355	$513	$683	$973	$1,410	$2,007

Source: Ownwell