Stem, Granville County, North Carolina Property Taxes
Property Taxes in Stem, North Carolina
Median STEM, North Carolina effective property tax rate: 0.76%, significantly lower than the national median of 1.02%, and lower than the North Carolina state median of 0.81%.
Median STEM, North Carolina home value: $256,627
Median annual STEM, North Carolina tax bill: $2,040, lower than the national median property tax bill of $2,400.
How are property taxes in Granville calculated?
Property taxes in STEM, 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 STEM's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in STEM, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Stem, Granville County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.76%
Estimate Property Tax Bill
$1,950
$1,810
How Does the STEM Property Tax Calculator Work?
Use this STEM property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies STEM's median effective tax rate of 0.76% — based on actual property records in Granville 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 STEM'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 STEM: rates range from 0.76% in 27581 to 0.76% in 27581, 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 STEM.
About Stem Property Taxes
About Property Taxes in Stem, Granville, North Carolina
Stem’s median effective property tax rate of 0.76% is lower than the North Carolina state median of 0.81% and lower than the national median of 1.02%. This rate reflects the Granville 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 Stem. Homeowners in ZIP code 27581 carry a median effective rate of 0.76%, while those in the same ZIP code also pay 0.76%. This reflects how school district boundaries and local assessment districts are drawn across Granville County. Understanding which part of Stem you live in can make a meaningful difference to your annual tax bill.
Stem homeowners who believe their assessed value is too high can file a formal appeal with the 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 Stem, Granville 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 STEM'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 Stem Tax Rate
0.76%
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 Granville County Tax Rate
0.76%
Median Effective North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Stem, Granville County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27581 | 0.69% | 0.72% | 0.76% | 0.99% | 1.02% |
Source: Ownwell
Property Tax Assessment Values Across Stem, Granville County, North Carolina
When examining property taxes in STEM, 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 Granville County appraisal district 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 Granville County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 STEM.
For example, the median home price in STEM is $256,627, with tax bills ranging significantly across the county. 27581 has the highest median home price at $256,627.
Property Tax Assessment Values Across Stem, Granville County, North Carolina
Source: Ownwell
$95,029
$310,695
$526,360
Median Stem Market Value
$256,627
Median Granville County Market Value
$239,053
Median North Carolina Market Value
$221,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Stem, Granville County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27581 | $99,822 | $153,728 | $256,627 | $337,644 | $462,366 |
Source: Ownwell
Property Tax Bills Across Stem, Granville County, North Carolina
Property tax bills in Stem are based on the assessed value of a home and the local tax rate set by the county and other taxing authorities. For homeowners, the bill is determined by multiplying the assessed market value by the tax rate, so changes in home value can directly affect what is owed each year. In Granville County, the median home price is $256,627, which helps explain why tax bills can vary from one property to another.
For many homeowners, the tax bill is a major part of annual housing costs. The 25th percentile tax bill is $1,149, while the 75th percentile is $2,800 and the 90th percentile is $3,437. The median tax bill in the area is $2,040, which is below the national median property tax bill of $2,400. Because property taxes are tied to assessed value, homeowners with higher-valued homes generally pay more, while those with lower assessed values may pay less.
Median Stem Tax Bill
$2,040
Median Granville County Tax Bill
$1,974
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$2,400
Property Tax Bills Across Stem, Granville County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27581 | $768 | $1,149 | $2,040 | $2,800 | $3,437 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | May 4 |
Links | |
|---|---|
| Granville Tax Assessor | |
| Website | tax.granvillecounty.org |