Lewisville, Forsyth County, North Carolina Property Taxes
Median Lewisville, NC effective property tax rate: 0.94%, slightly lower than the national median of 1.02%, but higher than the North Carolina state median of 0.82%.
Median Lewisville, NC home value: $236,550
Median annual Lewisville, NC tax bill: $2,131, $269 lower than the national median property tax bill of $2,400.
How are property taxes in Forsyth County calculated?
Property taxes in Lewisville, 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 Lewisville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lewisville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Lewisville, Forsyth County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.94%
Estimate Property Tax Bill
$2,224
$2,063
Property Tax Rates Across Lewisville, Forsyth County, North Carolina
Local government entities are responsible for setting tax rates, which can vary significantly within a state. Annually, each county estimates its required budget to provide essential 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.
In Lewisville, located in Forsyth County, NC, property tax rates reflect this process. Compared to other cities in North Carolina, Lewisville's effective property tax rate is in alignment with the state's median tax rate. When comparing this to the national median property tax rate, Lewisville stands below the national average, offering residents a more favorable tax environment. This can be an attractive factor for potential homeowners considering a move to Lewisville. The lower tax burden means more disposable income, making it a compelling option for families and individuals alike.
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 Lewisville Tax Rate
0.94%
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 Lewisville, Forsyth County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27023 | 0.77% | 0.77% | 0.94% | 0.94% | 0.94% |
Source: Ownwell
Property Tax Assessment Values Across Lewisville, Forsyth County, North Carolina
When examining property taxes in Lewisville, 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.
Assessment notices:
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 Lewisville.
For example, the median home price in Lewisville is $236,550, with tax bills ranging significantly across the county. Zip code 27023 has the highest median home price at $236,550.
Property Tax Assessment Values Across Lewisville, Forsyth County, North Carolina
Source: Ownwell
$76,700
$217,150
$357,600
Median Lewisville Market Value
$236,550
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 Lewisville, Forsyth County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27023 | $123,480 | $168,200 | $236,550 | $354,300 | $537,910 |
Source: Ownwell
Property Tax Bills Across Lewisville, Forsyth County, North Carolina
In Lewisville, NC, property tax bills are calculated based on the assessed value of a home, which is determined by the Forsyth County tax assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. With a median home price of $236,550, homeowners in Lewisville face a median tax bill of approximately $2,131. This is notably lower than the national median property tax bill of $2,400. However, tax bills can vary significantly, ranging from $1,507 at the 25th percentile to $4,554 at the 90th percentile, depending on factors like property location and improvements.
For homeowners looking to reduce their property tax burden, Ownwell offers expert property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies or opportunities for exemptions, Ownwell helps homeowners potentially lower their tax bills, ensuring they only pay what is fair. Engaging with Ownwell’s services could lead to significant savings, making homeownership more affordable in Lewisville.
Median Lewisville Tax Bill
$2,131
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 Lewisville, Forsyth County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27023 | $983 | $1,507 | $2,131 | $3,189 | $4,554 |
Source: Ownwell