Tobaccoville, Stokes County, North Carolina Property Taxes

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

Median Tobaccoville, NC effective property tax rate: 0.74%, significantly lower than the national median of 1.02%, but lower than the NC state median of 0.82%.
Median Tobaccoville, NC home value: $132,800
Median annual Tobaccoville, NC tax bill: $953, $1,447 lower than the national median property tax bill of $2,400.

How are property taxes in Stokes County calculated?

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

Last Updated March 1, 2025

Tobaccoville, Stokes County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.81%

Estimate Property Tax Bill

$1,081

$1,003

Ownwell’s Tobaccoville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Tobaccoville with just two data points. By entering your property's estimated assessed value, our calculator applies Tobaccoville’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 Stokes County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Tobaccoville, Stokes County, North Carolina

Local government entities set tax rates, which can vary widely within a state. This is due to the fact that each county annually 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. In Tobaccoville in Stokes County, NC, the effective property tax rate is 0.74%, aligning with the highest and lowest median tax rates in the area. This rate is notably below the national median property tax rate of 1.02%. Residents of Tobaccoville benefit from a lower property tax bill compared to the national median, which stands at $2400. This can make Tobaccoville an attractive place for homeowners looking to save on property taxes while still enjoying the services funded by these taxes.

Property Tax Rates Across Tobaccoville, Stokes County, North Carolina

Source: Ownwell

0.79%

0.80%

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 Tobaccoville Tax Rate

0.81%

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 Tobaccoville, Stokes County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
27050	0.65%	0.81%	0.81%	0.81%	0.81%

Source: Ownwell

Property Tax Assessment Values Across Tobaccoville, Stokes County, North Carolina

When examining property taxes in Tobaccoville, 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 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 Tobaccoville. For example, the median home price in Tobaccoville is $132,800, with tax bills ranging significantly across the county. 27050 has the highest median home price at $132,800.

Property Tax Assessment Values Across Tobaccoville, Stokes County, North Carolina

Source: Ownwell

$87,900

$118,250

$148,600

Median Tobaccoville Market Value

$133,500

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 Tobaccoville, Stokes County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
27050	$71,990	$101,300	$133,500	$203,175	$368,670

Source: Ownwell

Property Tax Bills Across Tobaccoville, Stokes County, North Carolina

In Tobaccoville, located in Stokes County, NC, property tax bills are calculated based on the assessed value of a home, which reflects its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. With a median home price of $132,800, homeowners in Tobaccoville may see tax bills that range significantly. The 25th percentile tax bill is $711, while the 75th percentile reaches $1,462, and the 90th percentile can be as high as $2,483. Compared to the national median property tax bill of $2,400, Tobaccoville's tax rates are relatively moderate. However, these taxes can still pose a financial burden for some homeowners. Ownwell can assist by offering expert property tax appeal and exemption services, potentially reducing these bills. By analyzing individual assessments and identifying discrepancies or opportunities for exemptions, Ownwell provides homeowners with a chance to lower their tax obligations, ensuring they pay only their fair share.

Property Tax Bills Across Tobaccoville, Stokes County, North Carolina

Source: Ownwell

$712

$1,039

$1,366

Median Tobaccoville Tax Bill

$1,048

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 Tobaccoville, Stokes County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
27050	$519	$781	$1,048	$1,601	$2,772

Source: Ownwell