Kernersville, Forsyth County, North Carolina Property Taxes
Median Kernersville, NC effective property tax rate: 1.26%, significantly higher than the national median of 1.02%, but lower than the North Carolina state median of 0.82%.
Median Kernersville, NC home value: $189,250
Median annual Kernersville, NC tax bill: $1,968, $432 lower than the national median property tax bill of $2,400.
How are property taxes in Forsyth calculated?
Property taxes in Kernersville, 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 Kernersville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Kernersville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Kernersville, Forsyth County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.26%
Estimate Property Tax Bill
$2,385
$2,213
Property Tax Rates Across Kernersville, Forsyth County, North Carolina
Local government entities set tax rates, which can vary widely within a state. This is because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.
In Kernersville, located in Forsyth County, the effective property tax rate stands at 1.26%, which is higher than the national median property tax rate of 1.02%. This means residents in Kernersville pay a higher percentage of their property's assessed value in taxes compared to the national average. When comparing Kernersville's rate to other cities within North Carolina, it aligns with the highest and lowest median tax rates in the state, both of which are also 1.26%.
Understanding these differences is crucial for homeowners considering property tax appeals or exemptions. By comparing these rates, residents can gain insight into their tax obligations and explore potential savings.
Property Tax Rates Across Kernersville, Forsyth County, North Carolina
Source: Ownwell
0.78%
1.05%
1.31%
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 Kernersville Tax Rate
1.26%
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
1.31%
Median Effective North Carolina Tax Rate
0.82%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Kernersville, Forsyth County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27284 | 0.78% | 0.82% | 1.26% | 1.29% | 1.31% |
Source: Ownwell
Property Tax Assessment Values Across Kernersville, Forsyth County, North Carolina
When examining property taxes in Kernersville, 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 May. 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 Kernersville. For example, the median home price in Kernersville is $189,250, with tax bills ranging significantly across the county. Zip code 27284 has the highest median home price at $189,250.
Property Tax Assessment Values Across Kernersville, Forsyth County, North Carolina
Source: Ownwell
$76,700
$217,150
$357,600
Median Kernersville Market Value
$189,250
Median Forsyth County Market Value
$158,600
Median North Carolina Market Value
$197,136
Median United States Market Value
$235,294
Property Tax Assessment Values Across Kernersville, Forsyth County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27284 | $95,200 | $139,600 | $189,250 | $252,800 | $324,600 |
Source: Ownwell
Property Tax Bills Across Kernersville, Forsyth County, North Carolina
Property tax bills in Kernersville, located in Forsyth County, North Carolina, are calculated based on the assessed value of a property, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to determine the tax bill. In Kernersville, the median property tax bill is $1,968, which is below the national median of $2,400. Factors influencing the tax bill include the property's assessed value and the local tax rate. For homeowners, a higher assessed value or tax rate can lead to a higher tax bill, impacting their overall financial planning.
Ownwell offers a solution for homeowners seeking to reduce their property tax bills. By leveraging expert knowledge and a comprehensive understanding of local tax laws, Ownwell can assist homeowners in appealing their property assessments, potentially lowering their tax obligations. This service can provide significant savings, ensuring that homeowners only pay their fair share in property taxes, thus alleviating financial strain and enhancing homeownership affordability.
Property Tax Bills Across Kernersville, Forsyth County, North Carolina
Source: Ownwell
$837
$1,875
$2,913
Median Kernersville Tax Bill
$1,968
Median Forsyth County Tax Bill
$1,755
Median North Carolina Tax Bill
$1,615
Median United States Tax Bill
$2,400
Property Tax Bills Across Kernersville, Forsyth County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27284 | $880 | $1,289 | $1,968 | $2,821 | $3,671 |
Source: Ownwell