Germanton, Forsyth County, North Carolina Property Taxes
Median Germanton, NC effective property tax rate: 0.79%, significantly lower than the national median of 1.02%, but lower than the North Carolina state median of 0.82%.
Median Germanton, NC home value: $122,500
Median annual Germanton, NC tax bill: $947, $1,453 lower than the national median property tax bill of $2,400.
How are property taxes in Forsyth calculated?
Property taxes in Germanton, 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 Germanton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Germanton, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Germanton, Forsyth County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.8%
Estimate Property Tax Bill
$977
$906
Property Tax Rates Across Germanton, Forsyth County, North Carolina
Local government entities are responsible for setting property tax rates, which can differ significantly within a state. Each year, counties estimate the budget needed to provide essential services and divide this by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. Although votes and legislative measures are involved in setting these rates and budgets, this is the essence of the annual process.
In Germanton, located in Forsyth County, North Carolina, the effective property tax rate is a notable point of comparison. The median property tax rate here is 0.79%, which is below the national median of 1.02%. This lower rate can be appealing to prospective homeowners looking for affordability. However, it is essential to consider the overall property values and local services when evaluating the benefits of a lower tax rate. Comparing Germanton's rate with other cities in North Carolina can provide further insight into the property tax landscape. Understanding these differences can help property owners make informed decisions about where to buy or invest in real estate.
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 Germanton Tax Rate
0.80%
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 Forsyth County Tax Rate
1.34%
Median Effective North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Germanton, Forsyth County, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
27019 | 0.78% | 0.79% | 0.80% | 0.80% | 0.82% |
Source: Ownwell
Property Tax Assessment Values Across Germanton, Forsyth County, North Carolina
When examining property taxes in Germanton, 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 Forsyth 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 Forsyth 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 Germanton.
For example, the median home price in Germanton is $122,500, with tax bills ranging significantly across the county. Zip code 27019 has the highest median home price at $122,500.
Property Tax Assessment Values Across Germanton, Forsyth County, North Carolina
Source: Ownwell
$76,500
$217,050
$357,600
Median Germanton Market Value
$122,100
Median Forsyth County Market Value
$158,100
Median North Carolina Market Value
$221,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Germanton, Forsyth County, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
27019 | $32,000 | $90,600 | $122,100 | $172,700 | $272,760 |
Source: Ownwell
Property Tax Bills Across Germanton, Forsyth County, North Carolina
Median Germanton Tax Bill
$950
Median Forsyth County Tax Bill
$1,791
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$2,400
Property Tax Bills Across Germanton, Forsyth County, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
27019 | $246 | $635 | $950 | $1,343 | $1,999 |
Source: Ownwell