Butner, Granville County, North Carolina Property Taxes

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

Median Butner, NC effective property tax rate: 1.37%, significantly higher than the national median of 1.02%, but lower than the North Carolina state median of 0.82%.
Median Butner, NC home value: $121,958
Median annual Butner, NC tax bill: $1654, $746 lower than the national median property tax bill of $2,400.

How are property taxes in Granville calculated?

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

Last Updated March 1, 2025

Butner, Granville County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.1%

Estimate Property Tax Bill

$2,424

$2,249

Ownwell’s Butner Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Butner with just two data points. By entering your property's estimated assessed value, our calculator applies Butner’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 Granville County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Butner, Granville County, North Carolina

Local government entities set property tax rates, which can differ significantly within a state. Each year, counties calculate their required budget for services and divide it by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. This annual process involves votes and laws, but essentially, this is how it works.

In Butner, located in Granville County, the effective property tax rate offers an interesting comparison to other cities in North Carolina and the national landscape. The median property tax rate in North Carolina is 0.84%, which is lower than the national median of 1.02%. However, Butner's rate aligns with the highest in the state, standing at 1.37%, which is significantly above both the state and national medians. This makes Butner one of the areas with a relatively higher property tax burden in North Carolina. Comparing these figures can help property owners understand how their tax obligations measure up and highlight the importance of appealing property taxes where possible.

Property Tax Rates Across Butner, Granville County, North Carolina

Source: Ownwell

0.70%

0.90%

1.10%

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 Butner Tax Rate

1.10%

Median Effective Granville County Tax Rate

0.76%

Median Effective North Carolina Tax Rate

0.81%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Butner, Granville County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
27509	1.07%	1.08%	1.10%	1.13%	1.16%

Source: Ownwell

Property Tax Assessment Values Across Butner, Granville County, North Carolina

When examining property taxes in Butner, 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 Granville 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: Granville County sends assessment notices 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 Butner. For example, the median home price in Butner is $121,958, with tax bills ranging significantly across the county. Zip code 27509 has the highest median home price at $121,958.

Property Tax Assessment Values Across Butner, Granville County, North Carolina

Source: Ownwell

$95,029

$310,695

$526,360

Median Butner Market Value

$220,365

Median Granville County Market Value

$239,053

Median North Carolina Market Value

$221,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Butner, Granville County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
27509	$143,897	$175,814	$220,365	$272,332	$350,566

Source: Ownwell

Property Tax Bills Across Butner, Granville County, North Carolina

In Butner, Granville County, NC, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local tax assessor and is typically a percentage of the home's market value. Homeowners in Butner can expect a median property tax bill of $1,654, which is significantly lower than the national median of $2,400. The tax bill can range from $1,325 at the 25th percentile to $2,501 at the 90th percentile, reflecting variations in property values and tax rates within the area. These tax bills can impact homeowners by influencing their overall cost of homeownership and monthly mortgage payments.

Ownwell assists homeowners by providing expert property tax appeal services, potentially lowering their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell can help homeowners challenge their tax assessments, ensuring they are not overpaying. This can lead to significant savings, making homeownership more affordable for residents in Butner.

Property Tax Bills Across Butner, Granville County, North Carolina

Source: Ownwell

$950

$2,347

$3,743

Median Butner Tax Bill

$2,412

Median Granville County Tax Bill

$1,974

Median North Carolina Tax Bill

$1,813

Median United States Tax Bill

$2,400

Property Tax Bills Across Butner, Granville County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
27509	$1,511	$1,912	$2,412	$2,981	$3,751

Source: Ownwell