Property Taxes in Ararat, North Carolina
Median Ararat, North Carolina effective property tax rate: 0.67%, significantly lower than the national median of 1.02%, and lower than the North Carolina state median of 0.81%.
Median Ararat, North Carolina home value: $128,770
Median annual Ararat, North Carolina tax bill: $828, $1,572 lower than the national median property tax bill of $2,400.
How are property taxes in Surry calculated?
Property taxes in Ararat, North Carolina 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 Ararat's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Ararat, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Ararat Property Tax Calculator Work?
Use this Ararat property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Ararat's median effective tax rate of 0.67% — based on actual property records in Surry County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Ararat's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Ararat: rates range from 0.67% in 27007 to 0.67% in 27007, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Ararat.
About Ararat Property Taxes
About Property Taxes in Ararat, Surry, North Carolina
Ararat’s median effective property tax rate of 0.67% is lower than the North Carolina state median of 0.81% and lower than the national median of 1.02%. This rate reflects the Surry County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Ararat. Homeowners in the 27007 ZIP code carry a median effective rate of 0.67%, while those in the lowest ZIP also pay 0.67%. This spread reflects how school district boundaries and local assessment districts are drawn across Surry County. Understanding which part of Ararat you live in can make a meaningful difference to your annual tax bill.
Ararat homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the May 4, 2026 deadline each year.
If your estimated bill seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Ararat, Surry County, North Carolina
As noted earlier, 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 Ararat's effective property tax rate to other cities in North Carolina and the median property tax rates in North Carolina and the U.S.
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 Ararat Tax Rate
0.67%
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 Surry County Tax Rate
0.69%
Median Effective North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Ararat, Surry County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27007 | 0.41% | 0.65% | 0.67% | 0.69% | 0.72% |
Source: Ownwell
Property Tax Assessment Values Across Ararat, Surry County, North Carolina
When examining property taxes in Ararat, North Carolina, 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 Surry 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 Surry County, assessment notices are sent in the spring each year and typically reach your mailbox by the middle of February.
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. The median home price in Ararat is $128,770, and the median tax bill is $828, compared with the national median property tax bill of $2,400. Tax bills range from $580 at the 25th percentile to $1,230 at the 75th percentile, with 27007 showing the highest median home price at $128,770.
Property Tax Assessment Values Across Ararat, Surry County, North Carolina
Source: Ownwell
$73,950
$120,985
$168,020
Median Ararat Market Value
$128,770
Median Surry County Market Value
$116,885
Median North Carolina Market Value
$221,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Ararat, Surry County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27007 | $63,372 | $89,095 | $128,770 | $211,580 | $312,040 |
Source: Ownwell
Property Tax Bills Across Ararat, Surry County, North Carolina
Ararat property tax bills are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. For homeowners in Surry County, the median home price is $128,770, and that value helps determine the size of the tax bill. Local taxing authorities use the assessed value to calculate what each homeowner owes, so changes in market value can affect future bills.
Property tax bills can vary widely even within the same area. In Ararat, the median tax bill is $828.00, with the 25th percentile at $580 and the 75th percentile at $1,230. The 90th percentile reaches $1,787, showing that higher-value homes or properties with different assessments can face much larger bills. Because property taxes are a recurring cost, they can have a meaningful impact on monthly budgets and long-term homeownership expenses.
Median Ararat Tax Bill
$828
Median Surry County Tax Bill
$778
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$3,209
Property Tax Bills Across Ararat, Surry County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27007 | $388 | $580 | $828 | $1,230 | $1,787 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 14 |
Links | |
|---|---|
| Surry Tax Assessor | |
| Website | gis.co.surry.nc.us |