Tobaccoville, Forsyth County, North Carolina Property Taxes

Name: Property Tax Bills Across Tobaccoville, Forsyth County, North Carolina
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Tobaccoville, 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 Tobaccoville, NC home value: $149,100. Median annual Tobaccoville, NC tax bill: $1,173, $1,227 lower than the national median property tax bill of $2,400.

How are property taxes in Forsyth calculated?

Property taxes in Tobaccoville, 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 Tobaccoville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Tobaccoville, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Tobaccoville, Forsyth County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.78%

Estimate Property Tax Bill

$1,163

$1,079

Ownwell’s Tobaccoville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Tobaccoville with just two data points.

By entering your property's estimated assessed value, our calculator applies Tobaccoville’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Forsyth County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Tobaccoville, Forsyth County, North Carolina

Local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide 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.

Below, you can compare Tobaccoville’s effective property tax rate to other cities in North Carolina and the median property tax rates in North Carolina and the U.S. North Carolina's median property tax rate stands at 0.78%, which is lower than the national median of 1.02%. Tobaccoville, located in Forsyth County, shares this state median rate, reflecting a favorable property tax environment compared to the national average. This lower rate can be an attractive factor for potential homeowners and investors looking at property in the region. Understanding these rates can help you make informed decisions when considering property investments or relocations within the state.

Property Tax Rates Across Tobaccoville, 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 Tobaccoville Tax Rate

0.78%

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 Tobaccoville, Forsyth County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
27050	0.77%	0.78%	0.78%	0.83%	0.83%

Source: Ownwell

Property Tax Assessment Values Across Tobaccoville, Forsyth County, North Carolina

When examining property taxes in Tobaccoville, 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 Tax Assessor 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 Tobaccoville. For example, the median home price in Tobaccoville is $149,100, with tax bills ranging significantly across the county. 27050 has the highest median home price at $149,100.

Property Tax Assessment Values Across Tobaccoville, Forsyth County, North Carolina

Source: Ownwell

$76,700

$217,150

$357,600

Median Tobaccoville Market Value

$149,100

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 Tobaccoville, Forsyth County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
27050	$57,360	$107,500	$149,100	$203,200	$306,220

Source: Ownwell

Property Tax Bills Across Tobaccoville, Forsyth County, North Carolina

In Tobaccoville, Forsyth County, NC, property tax bills are calculated based on the assessed value of a home. This value is determined by local tax authorities and reflects the property's market value. The tax rate in this region is applied to the assessed value to calculate the annual tax bill. Homeowners in Tobaccoville can expect a median property tax bill of $1,173, which is below the national median of $2,400. However, tax bills can vary significantly, with the 25th percentile at $807 and the 75th percentile at $1,607. Factors such as property improvements and changes in market conditions can influence the assessed value, thus affecting the tax bill. For homeowners seeking to reduce their property tax burden, Ownwell offers expert services in property tax appeals and exemptions. By analyzing the assessed value and comparing it to market conditions, Ownwell helps ensure homeowners are not overpaying, potentially saving them a significant amount on their annual property tax bills.

Property Tax Bills Across Tobaccoville, Forsyth County, North Carolina

Source: Ownwell

$837

$1,875

$2,913

Median Tobaccoville Tax Bill

$1,173

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 Tobaccoville, Forsyth County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
27050	$397	$807	$1,173	$1,607	$2,383

Source: Ownwell