Guilford County Property Taxes
The median property tax rate in Guilford County is 1.35%, which is significantly higher than both the national median of 0.99% and the North Carolina state median of 0.82%. With the median home value in Guilford County at $164,700, the typical annual property tax bill reaches $1,922, which is lower than the national median of $2,690. Property taxes in Guilford County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Guilford 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 Greensboro or another part of Guilford County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Guilford County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.35%
Estimate Property Tax Bill
$2,223
$2,063
Ownwell’s Guilford Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Guilford with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Guilford 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 Guilford County, North Carolina
Property taxes in Guilford County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Guilford County is 1.35%, which is higher than the U.S. national median of 0.99%. Local government entities within Guilford County set these rates annually, and they can vary significantly between different areas within the county. Each year, Guilford 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. The following data compares Guilford County's effective property tax rate with other counties in North Carolina and the national median. For comparison, the city of Greensboro has one of the higher property tax rates in North Carolina at 1.36%, while the city of Liberty boasts one of the lowest at 0.82%. Analyzing how Guilford County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
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 Guilford County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Archdale | 0.87% | 0.88% | 1.19% | 1.19% | 1.35% |
| Browns Summit | 0.86% | 0.87% | 0.87% | 0.87% | 1.36% |
| Brown Summit | 0.91% | 0.98% | 1.04% | 1.13% | 1.27% |
| Burlington | 0.81% | 0.82% | 1.26% | 1.33% | 1.33% |
| Climax | 0.87% | 0.87% | 0.89% | 0.91% | 0.91% |
| Colfax | 0.83% | 0.85% | 0.85% | 1.35% | 1.35% |
| Elon | 0.82% | 0.87% | 0.87% | 0.87% | 0.87% |
| Gibsonville | 0.82% | 0.87% | 0.88% | 1.26% | 1.26% |
| Greensboro | 0.87% | 1.36% | 1.36% | 1.36% | 1.36% |
| High Point | 0.99% | 1.35% | 1.35% | 1.35% | 1.35% |
| Jamestown | 0.87% | 0.87% | 1.22% | 1.35% | 1.35% |
| Julian | 0.81% | 0.81% | 0.85% | 0.87% | 0.87% |
| Kernersville | 0.83% | 0.83% | 0.85% | 0.85% | 0.91% |
| Lexington | 0.82% | 0.82% | 0.82% | 0.82% | 0.82% |
| Liberty | 0.81% | 0.81% | 0.82% | 0.82% | 0.85% |
| Mcleansville | 0.82% | 0.83% | 0.84% | 0.86% | 0.87% |
| Mc Leansville | 0.86% | 0.88% | 0.88% | 1.36% | 1.36% |
| Oak Ridge | 0.83% | 0.91% | 0.91% | 0.91% | 0.91% |
| Pleasant Garden | 0.87% | 0.91% | 0.95% | 0.95% | 0.95% |
| Randleman | 0.87% | 0.87% | 0.87% | 0.87% | 0.87% |
| Reidsville | 0.86% | 0.87% | 0.87% | 0.87% | 0.87% |
| Stokesdale | 0.83% | 0.83% | 0.83% | 0.83% | 0.83% |
| Summerfield | 0.86% | 0.89% | 0.89% | 0.89% | 0.89% |
| Thomasville | 1.35% | 1.35% | 1.35% | 1.35% | 1.35% |
| Whitsett | 0.81% | 0.81% | 0.82% | 0.88% | 1.26% |
Source: Ownwell
Property Tax Assessment Values Across Guilford County, North Carolina
In Guilford 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 Guilford 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 Guilford 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, the median home price in Guilford County is $164,700, with tax bills ranging from $1,112 at the 25th percentile to $4,296 at the 90th percentile. Thomasville has the highest median tax bill at $3,540, while Lexington has the lowest at $123. Being aware of these valuation processes in Guilford 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 Guilford County, North Carolina
Source: Ownwell
$15,000
$189,700
$364,400
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 Guilford County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Archdale | $7,800 | $46,900 | $89,000 | $124,300 | $176,420 |
| Browns Summit | $50,000 | $107,200 | $179,800 | $256,300 | $379,560 |
| Brown Summit | $78,610 | $156,325 | $249,750 | $306,800 | $319,040 |
| Burlington | $70,000 | $156,975 | $230,350 | $278,025 | $343,150 |
| Climax | $24,000 | $54,325 | $132,650 | $193,975 | $286,230 |
| Colfax | $77,630 | $148,675 | $259,050 | $346,900 | $414,210 |
| Elon | $51,470 | $84,375 | $141,000 | $206,650 | $341,010 |
| Gibsonville | $30,500 | $84,275 | $137,350 | $214,800 | $300,730 |
| Greensboro | $59,700 | $97,200 | $159,700 | $245,400 | $365,400 |
| High Point | $38,500 | $67,100 | $132,800 | $214,700 | $295,960 |
| Jamestown | $70,250 | $168,700 | $230,100 | $287,400 | $354,650 |
| Julian | $35,870 | $77,800 | $141,150 | $198,125 | $275,450 |
| Kernersville | $80,000 | $168,600 | $313,550 | $480,125 | $611,240 |
| Lexington | $15,000 | $15,000 | $15,000 | $15,000 | $15,000 |
| Liberty | $37,400 | $76,800 | $142,700 | $223,150 | $286,820 |
| Mcleansville | $9,680 | $20,900 | $39,600 | $58,300 | $69,520 |
| Mc Leansville | $46,150 | $118,125 | $172,500 | $220,125 | $271,850 |
| Oak Ridge | $98,060 | $190,800 | $352,200 | $472,400 | $612,980 |
| Pleasant Garden | $35,000 | $91,425 | $169,300 | $241,175 | $323,470 |
| Randleman | $35,000 | $79,100 | $153,300 | $222,950 | $325,900 |
| Reidsville | $41,610 | $70,825 | $101,400 | $185,825 | $286,140 |
| Stokesdale | $60,000 | $102,100 | $204,900 | $354,600 | $475,760 |
| Summerfield | $90,700 | $189,300 | $336,700 | $493,200 | $695,220 |
| Thomasville | $262,600 | $262,600 | $262,600 | $262,600 | $262,600 |
| Whitsett | $69,990 | $134,900 | $193,900 | $284,725 | $361,820 |
Source: Ownwell
Property Tax Bills Across Guilford County, North Carolina
In Guilford County, NC, property tax bills are calculated based on the assessed value of a property, which is determined by the county's tax assessor. The assessed value reflects the market value of the property as of the most recent assessment date. Homeowners in this county experience a variety of tax bills, with the 25th percentile paying around $1,112, while those in the 75th percentile face bills up to $3,065. High-value properties can see tax bills reaching $4,296 at the 90th percentile. The property tax rate in Guilford County is applied to the assessed value to determine the annual tax bill. For instance, in Thomasville, the highest median tax bill is $3,540, whereas Lexington has the lowest median tax bill at just $123. These figures illustrate the significant variation in property taxes within the county. Compared to the national median property tax rate of 0.99%, Guilford County’s rates can vary widely, impacting homeowners differently based on their property values and locations within the county.
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 Guilford County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Archdale | $87 | $370 | $837 | $1,368 | $1,901 |
| Browns Summit | $435 | $933 | $1,791 | $2,576 | $3,280 |
| Brown Summit | $976 | $2,097 | $2,893 | $3,158 | $3,321 |
| Burlington | $705 | $1,580 | $2,807 | $3,520 | $4,055 |
| Climax | $218 | $476 | $1,152 | $1,718 | $2,531 |
| Colfax | $510 | $1,157 | $2,572 | $3,540 | $4,586 |
| Elon | $423 | $730 | $1,144 | $1,758 | $2,902 |
| Gibsonville | $346 | $756 | $1,417 | $2,218 | $3,160 |
| Greensboro | $727 | $1,221 | $1,970 | $3,119 | $4,502 |
| High Point | $491 | $857 | $1,697 | $2,843 | $3,917 |
| Jamestown | $741 | $1,885 | $2,709 | $3,573 | $4,486 |
| Julian | $304 | $635 | $1,172 | $1,686 | $2,338 |
| Kernersville | $680 | $1,415 | $2,741 | $4,021 | $5,101 |
| Lexington | $123 | $123 | $123 | $123 | $123 |
| Liberty | $319 | $625 | $1,163 | $1,791 | $2,311 |
| Mcleansville | $80 | $171 | $322 | $473 | $564 |
| Mc Leansville | $409 | $1,020 | $1,658 | $2,531 | $3,162 |
| Oak Ridge | $828 | $1,756 | $3,174 | $4,272 | $5,506 |
| Pleasant Garden | $320 | $797 | $1,569 | $2,258 | $3,021 |
| Randleman | $304 | $699 | $1,266 | $1,889 | $2,750 |
| Reidsville | $277 | $591 | $827 | $1,523 | $2,085 |
| Stokesdale | $403 | $789 | $1,658 | $2,869 | $3,867 |
| Summerfield | $804 | $1,703 | $3,171 | $4,482 | $6,154 |
| Thomasville | $3,540 | $3,540 | $3,540 | $3,540 | $3,540 |
| Whitsett | $609 | $1,123 | $1,763 | $2,464 | $3,281 |
Source: Ownwell