Rural Hall, Stokes County, North Carolina Property Taxes
Median RURAL HALL, NC effective property tax rate: 0.74%, significantly lower than the national median of 1.02%, but lower than the NC state median of 0.82%.
Median RURAL HALL, NC home value: $140,900
Median annual RURAL HALL, NC tax bill: $1,024, $1,376 lower than the national median property tax bill of $2,400.
How are property taxes in Stokes calculated?
Property taxes in RURAL HALL, 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 RURAL HALL’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in RURAL HALL, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Rural Hall, Stokes County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.74%
Estimate Property Tax Bill
$1,043
$968
Ownwell’s RURAL HALL Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in RURAL HALL with just two data points.
By entering your property's estimated assessed value, our calculator applies RURAL HALL’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 Stokes County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Rural Hall, Stokes County, North Carolina
Local government entities are responsible for setting tax rates, which can vary significantly even within the same state. This variation occurs because each county annually estimates its budgetary needs to provide essential services and then divides that by the total assessed value of all taxable property within its jurisdiction, resulting in the property tax rate. This process, although influenced by votes and laws, is primarily an annual calculation.
In RURAL HALL, located in Stokes County, NC, the effective property tax rate stands out when compared to other cities in the state. The median property tax rate in North Carolina is 0.74%, which is below the national median of 1.02%. This means that homeowners in RURAL HALL benefit from lower property tax rates compared to the national average, potentially resulting in significant savings. Understanding these rates and how they compare nationally can help property owners make informed decisions about their investments and financial planning.
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 Rural Hall Tax Rate
0.74%
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 Stokes County Tax Rate
0.74%
Median Effective North Carolina Tax Rate
0.82%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Rural Hall, Stokes County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27045 | 0.74% | 0.74% | 0.74% | 0.74% | 0.74% |
Source: Ownwell
Property Tax Assessment Values Across Rural Hall, Stokes County, North Carolina
When examining property taxes in Rural Hall, 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 Stokes 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 Stokes 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 Rural Hall. For example, the median home price in Rural Hall is $140,900, with tax bills ranging significantly across the county. Zip code 27045 has the highest median home price at $140,900.
Property Tax Assessment Values Across Rural Hall, Stokes County, North Carolina
Source: Ownwell
$83,700
$115,700
$147,700
Median Rural Hall Market Value
$140,900
Median Stokes County Market Value
$130,100
Median North Carolina Market Value
$197,136
Median United States Market Value
$235,294
Property Tax Assessment Values Across Rural Hall, Stokes County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27045 | $54,110 | $91,725 | $140,900 | $198,125 | $291,600 |
Source: Ownwell
Property Tax Bills Across Rural Hall, Stokes County, North Carolina
In Rural Hall, located in Stokes County, NC, property tax bills are determined by the assessed value of a home, which is then multiplied by the local tax rate. With a median home price of $140,900, understanding how these figures translate into tax bills is crucial for homeowners. The 25th percentile tax bill is $615, while the 75th percentile reaches $1,670, and the 90th percentile is $2,075. These figures show a range that can significantly impact a homeowner's budget. Comparatively, the national median property tax bill is $2,400, indicating that Rural Hall's tax bills can be more manageable, yet they still present a financial consideration for residents.
Homeowners can benefit from Ownwell's expertise in navigating property tax appeals and exemptions. By leveraging local market data and property assessments, Ownwell helps ensure that homeowners are not overpaying on their tax bills. This service can lead to substantial savings, providing financial relief and peace of mind. With Ownwell's support, homeowners can confidently manage their property tax obligations.
Median Rural Hall Tax Bill
$1,024
Median Stokes County Tax Bill
$951
Median North Carolina Tax Bill
$1,615
Median United States Tax Bill
$2,400
Property Tax Bills Across Rural Hall, Stokes County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27045 | $353 | $615 | $1,024 | $1,670 | $2,075 |
Source: Ownwell