Archdale, North Carolina Property Taxes
The median property tax rate in Archdale, NC is 1.19%, which is significantly higher than both the national median of 0.99% and the North Carolina state median of 0.82%. With a median home value of $89,000 in Archdale, the typical annual property tax bill amounts to $837, which is below the national median of $2,690. Property taxes in Archdale are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Archdale's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to considerable annual savings. Whether you're in the heart of Archdale or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Archdale, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.19%
Estimate Property Tax Bill
$1,059
Ownwell’s Archdale Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Archdale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Archdale to provide an estimated property tax bill. This valuable tool offers a clear understanding of potential tax obligations. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value, determined by Guilford County, is used for property tax calculations and considers any applicable exemptions.
Property Tax Rates Across Archdale, North Carolina
Property taxes in Archdale, North Carolina, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Archdale is 1.19%, which is higher than the U.S. national median of 0.99%. Local government entities within Archdale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Archdale estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Archdale's effective property tax rate to other counties in North Carolina and the national median. For comparison, the zip code 27263 has the highest median property tax rate of 1.19%, while the same zip code also has the lowest median tax rate of 1.19%. Understanding how these cities compare with Archdale provides valuable insights into the varying tax landscape across Guilford County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Archdale Tax Rate
1.19%
Average Guilford County Tax Rate
1.35%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Archdale, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27263 | 0.87% | 0.88% | 1.19% | 1.19% | 1.35% |
Source: Ownwell
Property Tax Assessment Values Across Archdale, North Carolina
In Archdale, North Carolina, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Guilford County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Archdale, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Archdale helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 27263 has both the highest and lowest median tax bill at $837.
Property Tax Assessment Values Across Archdale, North Carolina
Source: Ownwell
$15,000
$189,700
$364,400
Average Archdale Assessed Value
$89,000
Average Guilford County Assessed Value
$164,700
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Archdale, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27263 | $7,800 | $46,900 | $89,000 | $124,300 | $176,420 |
Source: Ownwell
Property Tax Bills Across Archdale, North Carolina
In Archdale, located in Guilford County, NC, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor and reflects the home's market value. Once the assessed value is established, it is multiplied by the local tax rate to calculate the annual property tax bill. For instance, with a median home price of $89,000 in Archdale, the property tax bill can vary significantly. Homeowners in the 25th percentile pay around $370 annually, while those in the 75th percentile face a tax bill of approximately $1,368. At the 90th percentile, the tax bill can reach up to $1,901. Compared to the national median property tax rate of 0.99%, Guilford County's rates can be considered moderate. These property taxes are crucial for funding local services such as schools, public safety, and infrastructure, directly impacting the quality of life for Archdale residents.
Average Archdale Tax Bill
$837
Average Guilford County Tax Bill
$1,922
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Archdale, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27263 | $87 | $370 | $837 | $1,368 | $1,901 |
Source: Ownwell