Union Grove, Yadkin County, North Carolina Property Taxes
Median Union Grove, NC effective property tax rate: 0.73%, significantly lower than the national median of 1.02%, but lower than the North Carolina state median of 0.82%.
Median Union Grove, NC home value: $213,971
Median annual Union Grove, NC tax bill: $1,451, $949 lower than the national median property tax bill of $2,400.
How are property taxes in Yadkin calculated?
Property taxes in Union 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 Union Grove’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Union Grove, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Union Grove, Yadkin County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.73%
Estimate Property Tax Bill
$1,562
$1,449
Property Tax Rates Across Union Grove, Yadkin County, North Carolina
Local government entities are responsible for setting tax rates, leading to significant variations within a state. The process involves each county estimating its required budget to provide essential services and dividing 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 Union Grove, located in Yadkin County, North Carolina, the effective property tax rate stands at 0.73%. This rate is consistent across the county, with the same rate observed in the 28689 zip code. Compared to the national median property tax rate of 1.02%, Union Grove's rate is relatively low. The median property tax bill in the U.S. is $2400, making Union Grove an attractive location for property owners seeking lower tax burdens. When considering relocation or investment in real estate, understanding these local tax rates can provide valuable insights into potential expenses and savings.
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 Union Grove Tax Rate
0.73%
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 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 Union Grove, Yadkin County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28689 | 0.41% | 0.59% | 0.73% | 0.75% | 0.78% |
Source: Ownwell
Property Tax Assessment Values Across Union Grove, Yadkin County, North Carolina
When examining property taxes in Union 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 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 May. 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 Union Grove. For example, the median home price in Union Grove is $213,971, with tax bills ranging significantly across the county. Zip code 28689 has the highest median home price at $213,971.
Property Tax Assessment Values Across Union Grove, Yadkin County, North Carolina
Source: Ownwell
$114,852
$182,286
$249,719
Median Union Grove Market Value
$213,971
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 Union Grove, Yadkin County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28689 | $68,626 | $116,898 | $213,971 | $374,830 | $536,739 |
Source: Ownwell
Property Tax Bills Across Union Grove, Yadkin County, North Carolina
Median Union Grove Tax Bill
$1,451
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 Union Grove, Yadkin County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28689 | $560 | $825 | $1,451 | $2,240 | $3,107 |
Source: Ownwell