Graham County, North Carolina Property Taxes
The median property tax rate in Graham County is 0.59%, which is significantly lower than both the national median of 0.99% and the North Carolina state median of 0.82%. With the median home value in Graham County, the typical annual property tax bill reaches $769, well below the national median of $2,690. Property taxes in Graham County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Graham County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Robbinsville or another part of Graham County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Graham County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.59%
Estimate Property Tax Bill
$736
$683
Ownwell’s Graham County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Graham County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Graham County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Graham County, North Carolina
Property taxes in Graham County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Graham County is 0.59%, which is lower than the U.S. national median of 0.99%. Local government entities within Graham County set these rates annually, and they can vary significantly between different areas within the county. Each year, Graham County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Lake Santeetlah has one of the higher property tax rates in North Carolina at 0.80%, while the city of Fontana Dam boasts one of the lowest at 0.59%. Analyzing how Graham County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Graham County Tax Rate
0.59%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Graham County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Almond | 0.59% | 0.59% | 0.59% | 0.59% | 0.59% |
| Fontana Dam | 0.30% | 0.59% | 0.59% | 0.59% | 0.59% |
| Lake Santeetlah | 0.80% | 0.80% | 0.80% | 0.80% | 0.80% |
| Robbinsville | 0.59% | 0.59% | 0.59% | 0.59% | 1.08% |
Source: Ownwell
Property Tax Assessment Values Across Graham County, North Carolina
In Graham County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Graham County Appraisal District. The assessed value, however, 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. Assessment notices in Graham County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, Lake Santeetlah has the highest median tax bill at $3,908, while Robbinsville has the lowest at $758. Being aware of these valuation processes in Graham County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Graham County, North Carolina
Source: Ownwell
$121,930
$307,158
$492,385
Average Graham County Assessed Value
$124,715
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Graham County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Almond | $26,758 | $60,160 | $129,510 | $215,880 | $343,712 |
| Fontana Dam | $61,170 | $97,380 | $181,050 | $262,290 | $352,700 |
| Lake Santeetlah | $179,800 | $225,410 | $492,385 | $861,320 | $1,242,199 |
| Robbinsville | $32,130 | $66,870 | $121,930 | $213,100 | $357,620 |
Source: Ownwell
Property Tax Bills Across Graham County, North Carolina
In Graham County, NC, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is based on the market value of the home, which is then adjusted according to local assessment practices. For instance, with a median home price of $124,715, homeowners can expect varying tax bills depending on several factors, including property location and specific exemptions. Homeowners in Graham County experience a range of property tax bills. The 25th percentile tax bill is around $407, while the 75th percentile tax bill is approximately $1,373. At the higher end, the 90th percentile tax bill can reach up to $2,353. These figures indicate that property taxes can significantly impact household budgets, especially in areas with higher property values. Comparatively, the national median property tax rate is 0.99%, which helps put Graham County's figures in perspective. For example, Lake Santeetlah has the highest median tax bill at $3,908, whereas Robbinsville has the lowest at $758, showcasing the variance within the county.
Average Graham County Tax Bill
$769
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Graham County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Almond | $187 | $359 | $780 | $1,267 | $2,117 |
| Fontana Dam | $261 | $487 | $1,045 | $1,548 | $2,081 |
| Lake Santeetlah | $1,488 | $1,857 | $3,908 | $6,985 | $9,989 |
| Robbinsville | $209 | $406 | $758 | $1,338 | $2,252 |
Source: Ownwell