Pleasant Garden, North Carolina Property Taxes
The median property tax rate in Pleasant Garden, NC is 0.95%, slightly below the national median of 0.99% but higher than the North Carolina state median of 0.82%. With a median home value of $169,300 in Pleasant Garden, the typical annual property tax bill is approximately $1,569, which is lower than the national median of $2,690. Property taxes in Pleasant Garden are calculated based on the tax assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Pleasant Garden's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Pleasant Garden or another part of Guilford County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pleasant Garden, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.95%
Estimate Property Tax Bill
$1,608
$1,493
Ownwell’s Pleasant Garden Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pleasant Garden with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pleasant Garden to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by Guilford County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Pleasant Garden, North Carolina
Property taxes in Pleasant Garden, North Carolina, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Pleasant Garden is 0.95%, which is lower than the U.S. national median of 0.99%. Local government entities within Pleasant Garden set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pleasant Garden 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 Pleasant Garden's effective property tax rate to other areas in North Carolina and the national median. For comparison, the 27313 zip code has the highest median property tax rate of 0.95%, while the same zip code also has the lowest median tax rate of 0.95%. Understanding how these areas compare with Pleasant Garden 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 Pleasant Garden Tax Rate
0.95%
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 Pleasant Garden, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
27313 | 0.87% | 0.91% | 0.95% | 0.95% | 0.95% |
Source: Ownwell
Property Tax Assessment Values Across Pleasant Garden, North Carolina
In Pleasant Garden, 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 Pleasant Garden, 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. The median home price in Pleasant Garden is $169,300, with annual tax bills ranging from $797 at the 25th percentile to $3,021 at the 90th percentile. The zip code 27313 has the highest median tax bill at $1,569. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Pleasant Garden, North Carolina
Source: Ownwell
$15,000
$189,700
$364,400
Average Pleasant Garden Assessed Value
$169,300
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 Pleasant Garden, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
27313 | $35,000 | $91,425 | $169,300 | $241,175 | $323,470 |
Source: Ownwell
Property Tax Bills Across Pleasant Garden, North Carolina
In Pleasant Garden, property tax bills are calculated based on the assessed value of a home and the local tax rate set by Guilford County. The assessed value is determined by the county assessor and reflects the market value of the property. Homeowners in Pleasant Garden can expect their property tax bills to vary significantly depending on their home's value. For instance, the median home price in the area is $169,300. Tax bills in Pleasant Garden range widely, with the 25th percentile at $797, the 75th percentile at $2,258, and the 90th percentile reaching up to $3,021. These figures illustrate how property taxes can impact homeowners differently based on their property values. The highest median tax bill recorded in the area is $1,569, which is higher than the national median property tax rate of 0.99%. This variability in tax bills underscores the importance of understanding how local property assessments and tax rates can affect overall housing costs.
Average Pleasant Garden Tax Bill
$1,569
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 Pleasant Garden, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
27313 | $320 | $797 | $1,569 | $2,258 | $3,021 |
Source: Ownwell