Lawsonville, Stokes County, North Carolina Property Taxes
Median Lawsonville, NC effective property tax rate: 0.74%, significantly lower than the national median of 1.02%, but lower than the North Carolina state median of 0.82%.
Median Lawsonville, NC home value: $124,400
Median annual Lawsonville, NC tax bill: $818, $1,582 lower than the national median property tax bill of $2,400.
How are property taxes in Stokes County calculated?
Property taxes in Lawsonville, 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 Lawsonville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lawsonville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Lawsonville, Stokes County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.81%
Estimate Property Tax Bill
$1,004
$932
Property Tax Rates Across Lawsonville, Stokes County, North Carolina
Local government entities in North Carolina set property tax rates, which can vary across the state. Each county, including Stokes, estimates its budget annually to provide essential services. This budget is divided by the total value of all taxable property within the jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the core process followed each year.
In Lawsonville, located in Stokes County, the effective property tax rate can be compared to other cities in North Carolina, as well as the median property tax rate in the state and the U.S. Interestingly, Lawsonville's median property tax rate is 0.74%, which aligns with both the highest and lowest median tax rates in its zip code, 27022. This rate is below the national median property tax rate of 1.02%, offering residents a more favorable tax environment compared to many other parts of the country. Understanding these rates can be crucial for property owners looking to manage their tax liabilities efficiently.
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 Lawsonville Tax Rate
0.81%
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 Stokes County Tax Rate
0.81%
Median Effective North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Lawsonville, Stokes County, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
27022 | 0.42% | 0.68% | 0.81% | 0.81% | 0.81% |
Source: Ownwell
Property Tax Assessment Values Across Lawsonville, Stokes County, North Carolina
When examining property taxes in Lawsonville, 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 Stokes 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 Stokes County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Lawsonville. For example, the median home price in Lawsonville is $124,400, with tax bills ranging significantly across the county. Zip code 27022 has the highest median home price at $124,400.
Property Tax Assessment Values Across Lawsonville, Stokes County, North Carolina
Source: Ownwell
$87,900
$118,250
$148,600
Median Lawsonville Market Value
$124,000
Median Stokes County Market Value
$131,250
Median North Carolina Market Value
$221,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Lawsonville, Stokes County, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
27022 | $53,100 | $82,625 | $124,000 | $188,850 | $300,610 |
Source: Ownwell
Property Tax Bills Across Lawsonville, Stokes County, North Carolina
In Lawsonville, located in Stokes County, NC, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The median home price in the area is $124,400. Homeowners in Lawsonville face a median property tax bill of $818, which is significantly lower than the national median property tax bill of $2,400. The tax rate is applied to the assessed value to determine the annual tax bill. Factors such as changes in property value and local tax rates can impact the amount homeowners owe each year.
For residents, this lower tax bill can be a financial relief, especially when compared to the national median property tax rate of 1.02%. However, it's still important to ensure that the assessed value is accurate and fair. This is where Ownwell can assist homeowners. By providing expert property tax appeal services, Ownwell helps ensure that homeowners are not overpaying on their property taxes, potentially saving them a significant amount of money each year.
Median Lawsonville Tax Bill
$908
Median Stokes County Tax Bill
$1,047
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$2,400
Property Tax Bills Across Lawsonville, Stokes County, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
27022 | $362 | $578 | $908 | $1,287 | $2,038 |
Source: Ownwell