Grifton, Lenoir County, North Carolina Property Taxes

Name: Property Tax Bills Across Grifton, Lenoir County, North Carolina
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Grifton, NC effective property tax rate: 0.91%, significantly lower than the national median of 1.02%, but higher than the North Carolina state median of 0.82%.
Median Grifton, NC home value: $62,375
Median annual Grifton, NC tax bill: $605, $1,795 lower than the national median property tax bill of $2,400.

How are property taxes in Lenoir County calculated?

Property taxes in Grifton, NC 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 Grifton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Grifton, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Grifton, Lenoir County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.91%

Estimate Property Tax Bill

$568

$527

Ownwell’s Grifton Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Grifton with just two data points. By entering your property's estimated assessed value, our calculator applies Grifton’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Lenoir County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Grifton, Lenoir County, North Carolina

Local government entities determine tax rates, which can vary widely within a state. Annually, each county estimates its required budget for services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.

Grifton in Lenoir County, NC, has a property tax rate of 0.91%, which is below the national median of 1.02%. This makes it an attractive option for homeowners seeking lower property taxes. When compared to other cities in North Carolina, Grifton's rate is competitive, offering a potential advantage for residents looking to save on their annual tax bills. The median property tax bill in Grifton is also likely to be lower than the national median of $2,400, providing further financial relief. This makes Grifton a potentially appealing choice for those evaluating property tax obligations in North Carolina.

Property Tax Rates Across Grifton, Lenoir County, North Carolina

Source: Ownwell

0.90%

1.26%

1.61%

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 Grifton Tax Rate

0.91%

Median Effective Lenoir County Tax Rate

1.07%

Median Effective North Carolina Tax Rate

0.81%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Grifton, Lenoir County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
28530	0.85%	0.90%	0.91%	1.01%	1.10%

Source: Ownwell

Property Tax Assessment Values Across Grifton, Lenoir County, North Carolina

When examining property taxes in Grifton, NC, 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 Lenoir County tax assessor 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. In Lenoir County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Grifton. For example, the median home price in Grifton is $62,375, with tax bills ranging significantly across the county. 28530 has the highest median home price at $62,375.

Property Tax Assessment Values Across Grifton, Lenoir County, North Carolina

Source: Ownwell

$42,117

$66,667

$91,217

Median Grifton Market Value

$62,401

Median Lenoir County Market Value

$66,464

Median North Carolina Market Value

$221,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Grifton, Lenoir County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
28530	$14,180	$37,333	$62,401	$110,547	$179,546

Source: Ownwell

Property Tax Bills Across Grifton, Lenoir County, North Carolina

In Grifton, located in Lenoir County, NC, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. For homeowners, understanding how this value correlates with their tax bill is crucial. The median home price in Grifton is $62,375, and while the median property tax bill in the area is $605, individual tax bills can vary significantly. For instance, 25% of homeowners pay $352 or less, while those in the 90th percentile pay up to $1,509. Compared to the national median property tax bill of $2,400, Grifton's rates are relatively low, providing some relief to homeowners. However, ensuring that one's property is assessed accurately can lead to potential savings. This is where Ownwell steps in, offering expert property tax appeal services. By reviewing assessments and identifying discrepancies, Ownwell helps homeowners potentially lower their tax bills, ensuring they aren't overpaying and keeping more money in their pockets.

Property Tax Bills Across Grifton, Lenoir County, North Carolina

Source: Ownwell

$572

$767

$961

Median Grifton Tax Bill

$607

Median Lenoir County Tax Bill

$749

Median North Carolina Tax Bill

$1,813

Median United States Tax Bill

$2,400

Property Tax Bills Across Grifton, Lenoir County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
28530	$128	$348	$607	$1,000	$1,521

Source: Ownwell