Pleasant Garden, North Carolina Property Taxes
The median property tax rate in Pleasant Garden, NC is 0.68%, 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 Pleasant Garden at $215,570, the typical annual property tax bill is $1,407, well below 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 various 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 Randolph County, grasping 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
0.68%
Estimate Property Tax Bill
$1,466
$1,360
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 the 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 crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pleasant Garden is 0.68%, 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 zip code 27313 in Randolph County has the highest median property tax rate of 0.68%, while the same zip code also has the lowest median tax rate of 0.68%. Understanding how these rates compare with Pleasant Garden provides valuable insights into the varying tax landscape across Randolph County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pleasant Garden Tax Rate
0.68%
Average Randolph County Tax Rate
0.68%
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 | 0.65% | 0.68% | 0.68% | 0.68% | 0.68% |
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 Randolph 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. Being aware of these valuation processes in Pleasant Garden helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $1407 in the 27313 zip code, while the lowest is also $1407 in the same zip code.
Property Tax Assessment Values Across Pleasant Garden, North Carolina
Source: Ownwell
$78,165
$163,113
$248,060
Average Pleasant Garden Assessed Value
$215,570
Average Randolph County Assessed Value
$167,245
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 | $71,049 | $121,928 | $215,570 | $287,145 | $349,370 |
Source: Ownwell
Property Tax Bills Across Pleasant Garden, North Carolina
In Pleasant Garden, located in Randolph County, NC, property tax bills are calculated based on the assessed value of a property. The median home price in this area is $215,570. The tax rate is applied to this assessed value to determine the annual tax bill. For a clearer picture, consider the 25th percentile tax bill, which is $794, and the 75th percentile tax bill, which is $1932. The 90th percentile tax bill even reaches up to $2344. These figures are influenced by various factors, including property size, location, and market conditions. Compared to the national median property tax rate of 0.99%, Randolph County's rates reflect a localized approach to funding public services. Homeowners in Pleasant Garden should be aware that their tax bills can significantly impact their annual budgeting. For instance, the highest and lowest median tax bills in the area are both $1407, indicating a relatively consistent property tax environment within the zip code 27313. Understanding these factors can help homeowners better anticipate their financial obligations.
Average Pleasant Garden Tax Bill
$1,407
Average Randolph County Tax Bill
$1,305
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 | $432 | $794 | $1,407 | $1,932 | $2,344 |
Source: Ownwell