Mount Gilead, Montgomery County, North Carolina Property Taxes
Property Taxes in Mount Gilead, North Carolina
Median Mount Gilead, North Carolina effective property tax rate: 0.65%, significantly lower than the national median of 1.02%, and lower than the North Carolina state median of 0.81%.
Median Mount Gilead, North Carolina home value: $78,108
Median annual Mount Gilead, North Carolina tax bill: $538, $1,862 lower than the national median property tax bill of $2,400.
How are property taxes in Montgomery calculated?
Property taxes in Mount Gilead, 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 Mount Gilead's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Mount Gilead, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Mount Gilead, Montgomery County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.65%
Estimate Property Tax Bill
$508
$471
How Does the Mount Gilead Property Tax Calculator Work?
Use this Mount Gilead property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Mount Gilead's median effective tax rate of 0.65% — based on actual property records in Montgomery 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 Mount Gilead'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 Mount Gilead: rates range from 0.65% in 27306 to 0.65% in 27306, 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 Mount Gilead.
About Mount Gilead Property Taxes
About Property Taxes in Mount Gilead, Montgomery, NC
Mount Gilead's median effective property tax rate of 0.65% is lower than the North Carolina state median of 0.81% and lower than the national median of 1.02%. This rate reflects the Montgomery 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 Mount Gilead. Homeowners in the 27306 ZIP code carry a median effective rate of 0.65%, while those in the same ZIP code also pay 0.65%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Montgomery County. Understanding which part of Mount Gilead you live in can make a meaningful difference to your annual tax bill.
Mount Gilead 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 Mount Gilead, Montgomery 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 Mount Gilead's effective property tax rate to other cities in North Carolina and the median property tax rates in North Carolina and the U.S.
Property Tax Rates Across Mount Gilead, Montgomery County, North Carolina
Source: Ownwell
0.61%
0.65%
0.69%
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 Mount Gilead Tax Rate
0.65%
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 Montgomery County Tax Rate
0.64%
Median Effective North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Mount Gilead, Montgomery County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27306 | 0.61% | 0.62% | 0.65% | 0.68% | 1.19% |
Source: Ownwell
Property Tax Assessment Values Across Mount Gilead, Montgomery County, North Carolina
When examining property taxes in Mount Gilead, 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 Montgomery 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 Montgomery 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 Mount Gilead.
For example, the median home price in Mount Gilead is $78,108, with tax bills ranging significantly across the county. 27306 has the highest median home price at $78,108.
Property Tax Assessment Values Across Mount Gilead, Montgomery County, North Carolina
Source: Ownwell
$59,115
$77,949
$96,782
Median Mount Gilead Market Value
$78,108
Median Montgomery County Market Value
$76,372
Median North Carolina Market Value
$221,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Mount Gilead, Montgomery County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27306 | $25,119 | $35,796 | $78,108 | $195,250 | $407,883 |
Source: Ownwell
Property Tax Bills Across Mount Gilead, Montgomery County, North Carolina
Property tax bills in Mount Gilead are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. For homeowners, that means the bill depends on both what the home is worth and the rate set by local taxing authorities. In Montgomery County, the median home price is $78,108, which helps show why property taxes can vary widely from one home to another.
What factors are considered? The assessed value, local tax rates, and any applicable exemptions all play a role in the final bill. A lower assessed value can reduce the amount owed, while a higher value can increase it. Property tax bills in the area range from $244 at the 25th percentile to $1,405 at the 75th percentile, with the 90th percentile reaching $2,752. The median tax bill is $538, well below the national median property tax bill of $2,400. For homeowners, this means property taxes may be a smaller expense than in many parts of the country, but they still have a direct impact on annual housing costs.
Property Tax Bills Across Mount Gilead, Montgomery County, North Carolina
Source: Ownwell
$351
$486
$621
Median Mount Gilead Tax Bill
$538
Median Montgomery County Tax Bill
$519
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$2,400
Property Tax Bills Across Mount Gilead, Montgomery County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27306 | $166 | $244 | $538 | $1,405 | $2,752 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | May 4 |
Links | |
|---|---|
| Montgomery Tax Assessor | |
| Website | www.webgis.net |