Cedar Grove, Orange County, North Carolina Property Taxes
Median Cedar Grove, NC effective property tax rate: 0.99%, slightly lower than the national median of 1.02%, but higher than the North Carolina state median of 0.82%.
Median Cedar Grove, NC home value: $195,250
Median annual Cedar Grove, NC tax bill: $1,671, $729 lower than the national median property tax bill of $2,400.
How are property taxes in Orange County calculated?
Property taxes in Cedar Grove, 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 Cedar Grove’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Cedar Grove, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Cedar Grove, Orange County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.99%
Estimate Property Tax Bill
$1,933
$1,794
Ownwell’s Cedar Grove Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Cedar Grove with just two data points.
By entering your property's estimated assessed value, our calculator applies Cedar Grove’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 Orange County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Cedar Grove, Orange County, North Carolina
Local government entities are responsible for setting property tax rates, which can vary significantly within a state. This variation arises because each county annually estimates its budgetary needs for public services and divides this figure by the total assessed value of all taxable properties within its boundaries. This calculation determines the property tax rate. Although the process involves votes and legislation to establish tax rates and budgets, this is the fundamental annual procedure.
In Cedar Grove, located in Orange County, North Carolina, the effective property tax rate can be compared to other cities within the state, as well as the median property tax rates for North Carolina and the United States. Cedar Grove's property tax rate aligns closely with the state's median tax rate, which is slightly below the national median property tax rate of 1.02%. This makes Cedar Grove an attractive option for property owners who wish to benefit from relatively lower property tax rates while still enjoying the amenities and services provided by the local government.
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 Cedar Grove Tax Rate
0.99%
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 Orange 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 Cedar Grove, Orange County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27231 | 0.46% | 0.93% | 0.99% | 1.03% | 1.08% |
Source: Ownwell
Property Tax Assessment Values Across Cedar Grove, Orange County, North Carolina
When examining property taxes in Cedar Grove, 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 Orange 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 Orange 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 Cedar Grove. For example, the median home price in Cedar Grove is $195,250, with tax bills ranging significantly across the county. Zip code 27231 has the highest median home price at $195,250.
Property Tax Assessment Values Across Cedar Grove, Orange County, North Carolina
Source: Ownwell
$121,250
$275,000
$428,750
Median Cedar Grove Market Value
$195,250
Median Orange County Market Value
$295,700
Median North Carolina Market Value
$197,136
Median United States Market Value
$235,294
Property Tax Assessment Values Across Cedar Grove, Orange County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27231 | $66,590 | $113,850 | $195,250 | $315,725 | $479,240 |
Source: Ownwell
Property Tax Bills Across Cedar Grove, Orange County, North Carolina
In Cedar Grove, located in Orange County, NC, property tax bills are calculated based on the assessed value of a home rather than its market value. The median home price in this area is $195,250, which results in a median tax bill of $1,671. This figure is notably lower than the national median tax bill of $2,400. Homeowners in Cedar Grove can expect a tax bill ranging from $1,054 at the 25th percentile to $3,684 at the 90th percentile, depending on their property's assessed value and any applicable exemptions.
Factors influencing property tax bills include the local tax rate and assessed home value. For homeowners, a high tax bill can significantly impact their finances. Ownwell offers valuable assistance by identifying potential errors in property assessments and ensuring eligible exemptions are applied, potentially reducing tax burdens. By leveraging expert knowledge of local tax codes and regulations, Ownwell helps homeowners in Cedar Grove save money and achieve fair property tax assessments, easing the financial strain of homeownership.
Property Tax Bills Across Cedar Grove, Orange County, North Carolina
Source: Ownwell
$1,191
$3,888
$6,585
Median Cedar Grove Tax Bill
$1,671
Median Orange County Tax Bill
$3,822
Median North Carolina Tax Bill
$1,615
Median United States Tax Bill
$2,400
Property Tax Bills Across Cedar Grove, Orange County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27231 | $491 | $1,054 | $1,671 | $2,556 | $3,684 |
Source: Ownwell