Harmony, Davie County, North Carolina Property Taxes
Median Harmony, NC effective property tax rate: 0.77%, significantly lower than the national median of 1.02%, but lower than the North Carolina state median of 0.82%.
Median Harmony, NC home value: $152,160
Median annual Harmony, NC tax bill: $1,018, $1,382 lower than the national median property tax bill of $2,400.
How are property taxes in Davie calculated?
Property taxes in Harmony, 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 Harmony’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Harmony, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Harmony, Davie County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.77%
Estimate Property Tax Bill
$1,198
$1,112
Property Tax Rates Across Harmony, Davie County, North Carolina
Local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Harmony’s effective property tax rate to other cities in North Carolina and the median property tax rates in North Carolina and the U.S.
In Harmony, located in Davie County, the property tax rate is 0.77%, which is notably below the national median property tax rate of 1.02%. This lower tax rate can be an attractive feature for homeowners, as it means a smaller portion of their property value goes toward taxes. Additionally, the median property tax bill in Harmony is likely to be lower than the national median of $2,400, offering potential savings for residents. By understanding these differences, property owners in Harmony can better appreciate the relative affordability of their property taxes compared to other regions.
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 Harmony Tax Rate
0.77%
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 Davie County Tax Rate
0.77%
Median Effective North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Harmony, Davie County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28634 | 0.43% | 0.77% | 0.77% | 0.77% | 0.77% |
Source: Ownwell
Property Tax Assessment Values Across Harmony, Davie County, North Carolina
When examining property taxes in Harmony, 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 Davie 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 Davie 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 Harmony. For example, the median home price in Harmony is $152,160, with tax bills ranging significantly across the county. Zip code 28634 has the highest median home price at $152,160.
Property Tax Assessment Values Across Harmony, Davie County, North Carolina
Source: Ownwell
$57,720
$152,605
$247,490
Median Harmony Market Value
$155,620
Median Davie County Market Value
$180,030
Median North Carolina Market Value
$221,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Harmony, Davie County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28634 | $54,802 | $92,035 | $155,620 | $225,480 | $282,926 |
Source: Ownwell
Property Tax Bills Across Harmony, Davie County, North Carolina
In Harmony, located in Davie County, NC, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local tax assessor and reflects the market value of the property. The property tax rate is then applied to this assessed value to calculate the annual tax bill. In Harmony, homeowners see a median tax bill of around $1,018, which is notably lower than the national median of $2,400. This difference can be attributed to the local tax rate and the median home price of approximately $152,160.
Homeowners in Harmony may experience tax bills ranging from $580 at the 25th percentile to $2,045 at the 90th percentile, depending on the specific characteristics and location of their property. Ownwell assists homeowners by providing expert property tax appeal and exemption services, potentially lowering their tax obligations. By analyzing local market trends and ensuring accurate property assessments, Ownwell helps clients in Harmony reduce their property tax bills, offering significant savings and peace of mind.
Median Harmony Tax Bill
$1,018
Median Davie County Tax Bill
$1,477
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$2,400
Property Tax Bills Across Harmony, Davie County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28634 | $330 | $585 | $1,018 | $1,508 | $2,028 |
Source: Ownwell