Woodleaf, Rowan County, North Carolina Property Taxes

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

Median Woodleaf, NC effective property tax rate: 0.66%, significantly lower than the national median of 1.02%, but lower than the North Carolina state median of 0.82%.
Median Woodleaf, NC home value: $165,799
Median annual Woodleaf, NC tax bill: $1,093, $1,307 lower than the national median property tax bill of $2,400.

How are property taxes in Rowan calculated?

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

Last Updated March 1, 2025

Woodleaf, Rowan County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.66%

Estimate Property Tax Bill

$1,096

$1,017

Ownwell’s Woodleaf Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Woodleaf with just two data points. By entering your property's estimated assessed value, our calculator applies Woodleaf’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Rowan 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 Rowan County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Woodleaf, Rowan County, North Carolina

Local government entities in Woodleaf, Rowan County, NC, set property tax rates, which can differ significantly within the state. Each year, the county determines its necessary budget to maintain services and divides this by the total assessed value of all taxable property within its boundaries, resulting in the property tax rate. Although votes and legislation play roles in determining tax rates and budgets, this is essentially the annual procedure.

Comparing Woodleaf's effective property tax rate to other cities in North Carolina reveals that it aligns with the state's median tax rate of 0.66%. This figure is notably lower than the national median property tax rate of 1.02%. Consequently, property owners in Woodleaf benefit from a relatively lower tax burden compared to the national average, making it an attractive region for homeowners. The uniformity of tax rates in Woodleaf, with both the highest and lowest median rates recorded at 0.66%, underscores the consistency in property tax assessments across the area. This stability can offer residents a sense of predictability and ease when planning their financial obligations.

Property Tax Rates Across Woodleaf, Rowan County, North Carolina

Source: Ownwell

0.66%

0.95%

1.24%

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 Woodleaf Tax Rate

0.66%

Median Effective Rowan County Tax Rate

0.68%

Median Effective North Carolina Tax Rate

0.81%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Woodleaf, Rowan County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
27054	0.65%	0.65%	0.66%	0.67%	0.67%

Source: Ownwell

Property Tax Assessment Values Across Woodleaf, Rowan County, North Carolina

When examining property taxes in Woodleaf, 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 Rowan 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 Rowan 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 Woodleaf. For example, the median home price in Woodleaf is $165,799, with tax bills ranging significantly across the county. Zip code 27054 has the highest median home price at $165,799.

Property Tax Assessment Values Across Woodleaf, Rowan County, North Carolina

Source: Ownwell

$133,810

$404,798

$675,786

Median Woodleaf Market Value

$166,024

Median Rowan County Market Value

$188,788

Median North Carolina Market Value

$221,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Woodleaf, Rowan County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
27054	$38,572	$98,641	$166,024	$238,395	$339,522

Source: Ownwell

Property Tax Bills Across Woodleaf, Rowan County, North Carolina

In Woodleaf, Rowan County, NC, property tax bills are determined by the assessed value of a home, which is typically lower than the market value. The local tax rate is applied to this assessed value to calculate the annual tax bill. Factors such as property location, improvements, and local government budgets influence the assessed value. Homeowners in Woodleaf face a median property tax bill of $1,093, which is significantly below the national median of $2,400. However, tax bills can vary widely, with the 25th percentile at $635 and the 90th percentile reaching $2,299. High property taxes can strain homeowners' finances, making it essential to ensure assessments are accurate. This is where Ownwell can help. By providing expert property tax appeal services, Ownwell assists homeowners in reviewing their assessments, identifying discrepancies, and filing appeals to potentially lower their tax burden. This service not only saves money but also ensures homeowners pay only their fair share, enhancing financial stability.

Property Tax Bills Across Woodleaf, Rowan County, North Carolina

Source: Ownwell

$1,097

$2,838

$4,578

Median Woodleaf Tax Bill

$1,097

Median Rowan County Tax Bill

$1,644

Median North Carolina Tax Bill

$1,813

Median United States Tax Bill

$2,400

Property Tax Bills Across Woodleaf, Rowan County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
27054	$258	$654	$1,097	$1,575	$2,231

Source: Ownwell