Davidson County, North Carolina Property Taxes
Median Davidson County effective property tax rate: 0.65%, significantly lower than the national median of 1.02%.
Median Davidson County home value: $147,820
Median annual Davidson County tax bill: $1,125, $1,275 lower than the national median property tax bill of $2,400.
How are property taxes in Davidson County calculated?
Property taxes in Davidson County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Lexington or another part of Davidson County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Davidson County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.65%
Estimate Property Tax Bill
$961
$892
Property Tax Rates Across Davidson County, North Carolina
Local government entities have the authority to set property tax rates, resulting in significant variations within a state. This is because each county annually determines its budgetary needs for public services and divides this figure by the total assessed value of all taxable properties within its jurisdiction. This calculation establishes the property tax rate. Although the process involves votes and legislation, this is the basic annual procedure.
In Davidson County, North Carolina, the effective property tax rate offers a unique perspective when compared to other counties in the state or the national median rate. With a median property tax rate of 0.65%, Davidson County stands below the national median of 1.02%. This lower rate can be appealing to property owners, potentially leading to savings on annual tax bills. However, within the county, the city of Thomasville has the highest median tax rate at 1.16%, while New London boasts the lowest at 0.60%. These variations highlight the importance of understanding local tax policies and their impact on property taxes, which can significantly affect property ownership costs.
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 Davidson County Tax Rate
0.65%
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 North Carolina Tax Rate
0.82%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Davidson County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Clemmons | 0.60% | 0.64% | 0.64% | 0.64% | 0.64% |
| Denton | 0.57% | 0.63% | 0.64% | 0.67% | 1.14% |
| High Point | 0.64% | 0.64% | 1.16% | 1.16% | 1.16% |
| Kernersville | 0.64% | 0.64% | 0.64% | 0.69% | 0.69% |
| Lexington | 0.60% | 0.64% | 0.65% | 0.67% | 1.31% |
| Linwood | 0.62% | 0.62% | 0.63% | 0.63% | 0.64% |
| New London | 0.59% | 0.59% | 0.60% | 0.60% | 0.67% |
| Thomasville | 0.63% | 0.64% | 1.16% | 1.35% | 1.36% |
| Winston Salem | 0.64% | 0.64% | 0.67% | 0.69% | 0.72% |
| Welcome | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Davidson County, North Carolina
When examining property taxes in Davidson County, 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 Davidson 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 Davidson 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 Davidson County. For example, the median tax bill in Davidson County is $1,814, with tax bills ranging significantly across the county. New London has the highest median home price at $289,530.
Property Tax Assessment Values Across Davidson County, North Carolina
Source: Ownwell
$116,290
$202,910
$289,530
Median Davidson County Market Value
$147,820
Median North Carolina Market Value
$197,136
Median United States Market Value
$235,294
Property Tax Assessment Values Across Davidson County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Clemmons | $112,825 | $169,862 | $228,485 | $327,775 | $424,833 |
| Denton | $45,500 | $83,430 | $135,860 | $216,250 | $394,130 |
| High Point | $104,850 | $147,602 | $194,535 | $304,825 | $516,459 |
| Kernersville | $84,803 | $135,365 | $189,370 | $306,180 | $387,785 |
| Lexington | $50,730 | $90,700 | $142,910 | $215,720 | $315,050 |
| Linwood | $40,852 | $78,645 | $116,290 | $175,260 | $235,152 |
| New London | $44,450 | $129,458 | $289,530 | $378,212 | $455,545 |
| Thomasville | $57,560 | $85,272 | $121,885 | $170,152 | $242,249 |
| Winston Salem | $95,656 | $143,590 | $191,120 | $273,965 | $384,006 |
| Welcome | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Davidson County, North Carolina
Median Davidson County Tax Bill
$1,125
Median North Carolina Tax Bill
$1,615
Median United States Tax Bill
$2,400
Property Tax Bills Across Davidson County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Clemmons | $637 | $1,061 | $1,433 | $1,998 | $2,602 |
| Denton | $277 | $567 | $965 | $1,558 | $2,431 |
| High Point | $881 | $1,193 | $1,814 | $2,745 | $4,198 |
| Kernersville | $414 | $833 | $1,213 | $1,879 | $2,545 |
| Lexington | $376 | $655 | $1,011 | $1,545 | $2,212 |
| Linwood | $243 | $474 | $696 | $1,083 | $1,421 |
| New London | $249 | $660 | $1,701 | $2,251 | $2,788 |
| Thomasville | $509 | $776 | $1,184 | $1,601 | $2,126 |
| Winston Salem | $593 | $950 | $1,269 | $1,778 | $2,490 |
| Welcome | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell