Ararat, Surry County, North Carolina Property Taxes

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

Median Ararat, NC effective property tax rate: 0.67%, significantly lower than the national median of 1.02%, and lower than the North Carolina state median of 0.81%.
Median Ararat, NC home value: $128,770
Median annual Ararat, NC tax bill: $828, $1,572 lower than the national median property tax bill of $2,400.

How are property taxes in Surry County calculated?

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

Last Updated March 1, 2025

Ararat, Surry County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.67%

Estimate Property Tax Bill

$863

$801

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

Property Tax Rates Across Ararat, Surry County, North Carolina

Local government entities set tax rates, which can vary widely within a state. This is because each year, counties estimate the budget needed to provide essential services and divide that by the total value of all taxable property within their jurisdiction. This calculation results 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.

In Ararat, located in Surry County, the effective property tax rate is notably lower than both the state and national medians. This can be beneficial for property owners, as it means a lower tax bill compared to other regions. The median property tax rate in North Carolina is also below the national median, making it an attractive state for property investment.

By comparing Ararat’s effective property tax rate to other cities in North Carolina and the U.S., you can see how it stands out as a more affordable option. Lower property taxes can ease the financial burden on homeowners, offering a more favorable living situation.

Property Tax Rates Across Ararat, Surry County, North Carolina

Source: Ownwell

0.63%

0.69%

0.74%

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 Ararat Tax Rate

0.67%

Median Effective Surry County Tax Rate

0.69%

Median Effective North Carolina Tax Rate

0.81%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Ararat, Surry County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
27007	0.41%	0.65%	0.67%	0.69%	0.72%

Source: Ownwell

Property Tax Assessment Values Across Ararat, Surry County, North Carolina

When examining property taxes in Ararat, 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 Surry 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. In Surry 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 Ararat. For example, the median home price in Ararat is $128,770, with tax bills ranging significantly across the county. Zip code 27007 has the highest median home price at $128,770.

Property Tax Assessment Values Across Ararat, Surry County, North Carolina

Source: Ownwell

$73,950

$120,985

$168,020

Median Ararat Market Value

$128,770

Median Surry County Market Value

$116,885

Median North Carolina Market Value

$221,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Ararat, Surry County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
27007	$63,372	$89,095	$128,770	$211,580	$312,040

Source: Ownwell

Property Tax Bills Across Ararat, Surry County, North Carolina

In Ararat, NC, part of Surry County, property tax bills are calculated based on the assessed value of a home. The median home price in Ararat is $128,770, which influences the property's assessed value and consequently the tax bill. The tax rate, set by local authorities, is applied to this assessed value to determine the tax bill. Homeowners in Ararat can expect a median tax bill of $828, which is significantly lower than the national median property tax bill of $2,400. Factors such as property improvements or changes in local tax rates can affect these bills. Homeowners in Ararat with tax bills in the 25th percentile pay around $580, while those in the 90th percentile might pay up to $1,787. Ownwell can assist homeowners by reviewing their property assessments and identifying potential errors or opportunities for exemptions, helping reduce their property tax burden. By appealing assessments, Ownwell ensures homeowners pay only their fair share, potentially saving them hundreds of dollars annually.

Property Tax Bills Across Ararat, Surry County, North Carolina

Source: Ownwell

$550

$793

$1,035

Median Ararat Tax Bill

$828

Median Surry County Tax Bill

$778

Median North Carolina Tax Bill

$1,813

Median United States Tax Bill

$2,400

Property Tax Bills Across Ararat, Surry County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
27007	$388	$580	$828	$1,230	$1,787

Source: Ownwell