Boonville, Yadkin County, North Carolina Property Taxes

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

Median BOONVILLE, NC effective property tax rate: 0.75%, significantly lower than the national median of 1.02%, but lower than the NC state median of 0.82%.
Median BOONVILLE, NC home value: $143,738
Median annual BOONVILLE, NC tax bill: $1,182, $1,218 lower than the national median property tax bill of $2,400.

How are property taxes in Yadkin calculated?

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

Last Updated March 1, 2025

Boonville, Yadkin County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.75%

Estimate Property Tax Bill

$1,078

$1,000

Ownwell’s Boonville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Boonville with just two data points.

By entering your property's estimated assessed value, our calculator applies Boonville’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 Yadkin County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Boonville, Yadkin County, North Carolina

Local government entities in North Carolina set property tax rates, which can vary widely even within the state. Annually, each county evaluates its required budget to provide essential services, then divides that by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.

In Boonville, located in Yadkin County, the effective property tax rate stands at 0.75%, which is notably lower than the national median property tax rate of 1.02%. This lower rate can translate to significant savings for property owners compared to the national average.

Comparatively, Boonville's tax rate aligns with the highest and lowest median tax rates within its zip code, demonstrating a consistent approach within the area. This stability can be beneficial for property owners looking for predictable tax expenses. By understanding these rates and how they compare to state and national figures, property owners in Boonville can make informed decisions about their investments and financial planning.

Property Tax Rates Across Boonville, Yadkin County, North Carolina

Source: Ownwell

0.70%

0.73%

0.75%

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 Boonville Tax Rate

0.75%

Median Effective Yadkin 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 Boonville, Yadkin County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
27011	0.47%	0.73%	0.75%	0.84%	1.19%

Source: Ownwell

Property Tax Assessment Values Across Boonville, Yadkin County, North Carolina

When examining property taxes in Boonville, 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 Yadkin 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 Yadkin County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Boonville. For example, the median home price in Boonville is $143,738, with tax bills ranging significantly across the county. Zip code 27011 has the highest median home price at $143,738.

Property Tax Assessment Values Across Boonville, Yadkin County, North Carolina

Source: Ownwell

$114,852

$182,286

$249,719

Median Boonville Market Value

$143,738

Median Yadkin County Market Value

$133,219

Median North Carolina Market Value

$197,136

Median United States Market Value

$235,294

Property Tax Assessment Values Across Boonville, Yadkin County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
27011	$50,402	$88,014	$143,738	$209,264	$299,144

Source: Ownwell

Property Tax Bills Across Boonville, Yadkin County, North Carolina

Property tax bills in Boonville, Yadkin County, NC, are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is typically a percentage of the property's market value, and local authorities set the tax rate. In Boonville, the median home price is $143,738, with property tax bills ranging from the 25th percentile at $752 to the 90th percentile at $2,313. The median tax bill in this area is $1,182, which is below the national median of $2,400 and the national median tax rate of 1.02%. Factors affecting tax bills include property size, location, and improvements. For homeowners, these taxes can be a significant expense, impacting overall affordability. Ownwell offers valuable assistance by providing property tax appeal services. By analyzing property assessments and identifying discrepancies, Ownwell helps homeowners potentially lower their tax bills, ensuring they pay only what is fair. This service can lead to substantial savings, helping homeowners manage their expenses more effectively.

Property Tax Bills Across Boonville, Yadkin County, North Carolina

Source: Ownwell

$817

$1,234

$1,651

Median Boonville Tax Bill

$1,182

Median Yadkin County Tax Bill

$1,085

Median North Carolina Tax Bill

$1,615

Median United States Tax Bill

$2,400

Property Tax Bills Across Boonville, Yadkin County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
27011	$491	$752	$1,182	$1,698	$2,313

Source: Ownwell