Winston Salem, Davidson County, North Carolina Property Taxes

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

Median WINSTON SALEM, NC effective property tax rate: 0.67%, significantly lower than the national median of 1.02%, but lower than the NC state median of 0.82%.
Median WINSTON SALEM, NC home value: $191,120
Median annual WINSTON SALEM, NC tax bill: $1,269, $1,131 lower than the national median property tax bill of $2,400.

How are property taxes in Davidson calculated?

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

Last Updated March 1, 2025

Winston Salem, Davidson County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.67%

Estimate Property Tax Bill

$1,281

$1,188

Ownwell’s Winston Salem Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Winston Salem with just two data points. By entering your property's estimated assessed value, our calculator applies Winston Salem’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 Davidson. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Winston Salem, Davidson County, North Carolina

Local government entities determine tax rates, which can differ significantly across a state. Each year, counties estimate their budget needs for services and divide this by the total assessed value of taxable property within their jurisdiction. This calculation determines the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially the annual process.

In Winston Salem, located in Davidson County, the effective property tax rate is 0.67%. This is lower than the national median property tax rate of 1.02%. Within North Carolina, Winston Salem's rate is among the highest, yet it remains competitive when compared to the national landscape. The highest median tax rate in the area is also 0.67%, found in the 27107 zip code, while the lowest is slightly lower at 0.64% in the 27127 zip code.

By understanding these rates, property owners in Winston Salem can better navigate their tax obligations and potentially explore opportunities for appeals or exemptions.

Property Tax Rates Across Winston Salem, Davidson County, North Carolina

Source: Ownwell

0.60%

0.88%

1.16%

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 Winston Salem Tax Rate

0.67%

Median Effective Davidson County Tax Rate

0.65%

Median Effective North Carolina Tax Rate

0.82%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Winston Salem, Davidson County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
27107	0.64%	0.64%	0.67%	0.69%	0.72%
27127	0.64%	0.64%	0.64%	0.67%	0.72%

Source: Ownwell

Property Tax Assessment Values Across Winston Salem, Davidson County, North Carolina

When examining property taxes in Winston Salem, 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 Davidson 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.

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 Winston Salem. For example, the median home price in Winston Salem is $191,120, with tax bills ranging significantly across the county. Zip code 27127 has the highest median home price at $205,880.

Property Tax Assessment Values Across Winston Salem, Davidson County, North Carolina

Source: Ownwell

$116,290

$202,910

$289,530

Median Winston Salem Market Value

$191,120

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 Winston Salem, Davidson County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
27107	$82,110	$131,950	$182,090	$277,280	$394,782
27127	$139,874	$168,675	$205,880	$270,725	$330,252

Source: Ownwell

Property Tax Bills Across Winston Salem, Davidson County, North Carolina

In Winston Salem, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. In Davidson County, where Winston Salem is located, property tax bills can vary significantly. For example, the median tax bill in the 27127 zip code is $1,339, while in the 27107 zip code, it is slightly lower at $1,221. These figures are below the national median property tax bill of $2,400, reflecting the relatively moderate tax burden in the area. However, even with these lower rates, property taxes can still be a significant expense for homeowners. Ownwell offers assistance by reviewing property assessments to identify potential savings. By appealing incorrect assessments, homeowners can potentially reduce their tax bills. This service can be especially beneficial for those whose tax bills fall in the higher percentiles, such as the 90th percentile, where bills can reach up to $2,490.

Property Tax Bills Across Winston Salem, Davidson County, North Carolina

Source: Ownwell

$696

$1,668

$2,639

Median Winston Salem Tax Bill

$1,269

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 Winston Salem, Davidson County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
27107	$493	$868	$1,221	$1,815	$2,559
27127	$916	$1,098	$1,339	$1,747	$2,262

Source: Ownwell