Colfax, Forsyth County, North Carolina Property Taxes
Property Taxes in Colfax, North Carolina
Median Colfax, North Carolina effective property tax rate: 0.83%, significantly lower than the national median of 1.02%, and lower than the North Carolina state median of 0.81%.
Median Colfax, North Carolina home value: $302,500
Median annual Colfax, North Carolina tax bill: $2,398, $2 lower than the national median property tax bill of $2,400.
How are property taxes in Forsyth calculated?
Property taxes in Colfax, North Carolina 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 Colfax's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Colfax, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Colfax, Forsyth County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.83%
Estimate Property Tax Bill
$2,511
$2,330
How Does the Colfax Property Tax Calculator Work?
Use this Colfax property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Colfax's median effective tax rate of 0.83% — based on actual property records in Forsyth County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Colfax's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Colfax: rates range from 0.83% in 27235 to 0.83% in 27235, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Colfax.
About Colfax Property Taxes
About Property Taxes in Colfax, Forsyth, North Carolina
Colfax's median effective property tax rate of 0.83% is lower than the North Carolina state median of 0.81% and lower than the national median of 1.02%. This rate reflects the Forsyth County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Colfax. Homeowners in the 27235 ZIP code carry a median effective rate of 0.83%, while those in 27235 pay 0.83%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Forsyth County. Understanding which part of Colfax you live in can make a meaningful difference to your annual tax bill.
Colfax homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the May 4, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Colfax, Forsyth County, North Carolina
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Colfax's effective property tax rate to other cities in North Carolina and the median property tax rates in North Carolina and the U.S.
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 Colfax Tax Rate
0.83%
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 Forsyth County Tax Rate
1.34%
Median Effective North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Colfax, Forsyth County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27235 | 0.78% | 0.78% | 0.83% | 0.83% | 0.83% |
Source: Ownwell
Property Tax Assessment Values Across Colfax, Forsyth County, North Carolina
When examining property taxes in Colfax, North Carolina, 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 Forsyth County tax office 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.
Assessment notices:
In Forsyth County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of May.
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 Colfax.
For example, the median home price in Colfax is $302,500, with tax bills ranging significantly across the county. 27235 has the highest median home price at $302,500.
Property Tax Assessment Values Across Colfax, Forsyth County, North Carolina
Source: Ownwell
$76,500
$217,050
$357,600
Median Colfax Market Value
$302,500
Median Forsyth County Market Value
$158,100
Median North Carolina Market Value
$221,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Colfax, Forsyth County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27235 | $188,680 | $230,200 | $302,500 | $358,100 | $421,580 |
Source: Ownwell
Property Tax Bills Across Colfax, Forsyth County, North Carolina
Property tax bills in Colfax are based on the assessed value of a home and the local tax rate set by Forsyth County and other taxing authorities. When a property’s market value is determined, that value is used to calculate the tax bill, which means homeowners with higher-valued homes generally pay more. For Colfax, the median home price is $302,500, and the median tax bill is $2,398, which is very close to the national median property tax bill of $2,400.
Several factors affect what a homeowner pays, including the home’s assessed value, local tax rates, and any exemptions or special taxing districts that apply. Tax bills can vary widely, with the 25th percentile at $1,728 and the 75th percentile at $2,860, showing how different home values and assessments can change the amount due. For many homeowners, property taxes are a major recurring cost, so understanding how the bill is calculated can help them anticipate changes and plan ahead.
Median Colfax Tax Bill
$2,398
Median Forsyth County Tax Bill
$1,791
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$2,400
Property Tax Bills Across Colfax, Forsyth County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27235 | $1,456 | $1,728 | $2,398 | $2,860 | $3,440 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | May 4 |
Links | |
|---|---|
| Forsyth Tax Assessor | |
| Website | forsyth.cc |