Null, Forsyth County, North Carolina Property Taxes
Median Forsyth, 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 Forsyth, NC home value: $233,900
Median annual Forsyth, NC tax bill: $1,828, $572 lower than the national median property tax bill of $2,400.
How are property taxes in Forsyth calculated?
Property taxes in Forsyth, 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 Forsyth’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Forsyth, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Null, 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
$2,947
$2,735
Property Tax Rates Across Null, Forsyth County, North Carolina
Local government entities set tax rates, which can vary widely within a state. Each county 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 there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
In Forsyth County, North Carolina, the effective property tax rate is 1.26%, which is above the national median of 1.02%. This means that property owners in Forsyth County may find themselves paying a higher percentage of their property's value in taxes compared to many other parts of the country. The median property tax bill in Forsyth County is also likely to be higher than the national median of $2,400.
Comparing Forsyth County’s effective property tax rate to other counties in North Carolina can provide valuable insights for homeowners and potential buyers. Understanding these differences can help property owners make informed decisions about where to buy or how to budget for property taxes.
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 Null 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 Null, Forsyth County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| NULLN | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Null, Forsyth County, North Carolina
When examining property taxes in Forsyth County, North Carolina, 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 Forsyth County.
For example, the median home price in Forsyth County is $233,900, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Null, Forsyth County, North Carolina
Source: Ownwell
$76,700
$217,150
$357,600
Median Null Market Value
$233,900
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 Null, Forsyth County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| NULLN | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Null, Forsyth County, North Carolina
In Forsyth County, NC, property tax bills are calculated based on the assessed value of a home, which reflects the property's market value. The tax rate is applied to this assessed value to determine the annual tax bill. Homeowners in Forsyth County typically face a property tax bill that varies from the 25th percentile at $1,774 to the 90th percentile at $3,937, with a median home price of $233,900. This range indicates that while some homeowners pay less, others may pay significantly more, depending on their property's assessed value and any applicable exemptions. These tax bills can pose a financial burden, especially when they exceed the national median property tax bill of $2,400.
Ownwell assists homeowners in reducing their property tax bills by providing expert property tax appeal services. By analyzing assessments and identifying potential discrepancies, Ownwell helps ensure homeowners are not overpaying. This service can lead to significant savings, easing the financial strain of property taxes and allowing homeowners to allocate resources elsewhere.
Median Null Tax Bill
$1,828
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 Null, Forsyth County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| NULLN | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell