Pinnacle, Forsyth County, North Carolina Property Taxes
Median Pinnacle, NC effective property tax rate: 0.78%, significantly lower than the national median of 1.02%, but lower than the North Carolina state median of 0.82%.
Median Pinnacle, NC home value: $129,800
Median annual Pinnacle, NC tax bill: $711, $1,689 lower than the national median property tax bill of $2,400.
How are property taxes in Forsyth calculated?
Property taxes in Pinnacle, 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 Pinnacle’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Pinnacle, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Pinnacle, Forsyth County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.78%
Estimate Property Tax Bill
$1,012
$940
Property Tax Rates Across Pinnacle, Forsyth County, North Carolina
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 Pinnacle Tax Rate
0.78%
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 Pinnacle, Forsyth County, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
27043 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Pinnacle, Forsyth County, North Carolina
When examining property taxes in Pinnacle, 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 Pinnacle.
For example, the median home price in Pinnacle is $129,800, with tax bills ranging significantly across the county. The national median property tax bill is $2,400, providing a benchmark for comparison.
Property Tax Assessment Values Across Pinnacle, Forsyth County, North Carolina
Source: Ownwell
$76,700
$217,150
$357,600
Median Pinnacle Market Value
$129,800
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 Pinnacle, Forsyth County, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
27043 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Pinnacle, Forsyth County, North Carolina
In Pinnacle, Forsyth County, NC, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The assessed value is then multiplied by the local property tax rate to determine the annual tax bill. With a median home price of $129,800, homeowners in Pinnacle can expect varying tax bills. For instance, the tax bill at the 25th percentile is $547, while at the 75th percentile, it rises to $1,188. At the 90th percentile, it can reach as high as $3,315. These figures highlight the impact of property taxes on homeowners, with some paying significantly more than others.
Ownwell assists homeowners by providing expert property tax appeal and exemption services. By analyzing property assessments and identifying potential discrepancies, Ownwell helps ensure that homeowners are not overpaying. Our team of professionals works diligently to secure the most favorable tax outcomes, potentially saving homeowners hundreds or even thousands of dollars annually. This service not only alleviates financial burdens but also offers peace of mind to property owners.
Median Pinnacle Tax Bill
$711
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 Pinnacle, Forsyth County, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
27043 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell