Lowgap, Surry County, North Carolina Property Taxes
Property Taxes in Lowgap, North Carolina
Median Lowgap, North Carolina effective property tax rate: 0.69%, significantly lower than the national median of 1.02%, and lower than the North Carolina state median of 0.81%.
Median Lowgap, North Carolina home value: $100,825
Median annual Lowgap, North Carolina tax bill: $648, lower than the national median property tax bill of $2,400.
How are property taxes in Surry calculated?
Property taxes in Lowgap, 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 Lowgap's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lowgap, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Lowgap, Surry County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.69%
Estimate Property Tax Bill
$696
$646
How Does the Lowgap Property Tax Calculator Work?
Use this Lowgap property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Lowgap's median effective tax rate of 0.69% — based on actual property records in Surry 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 Lowgap'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 Lowgap: rates range from 0.69% in 27024 to 0.69% in 27024, 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 Lowgap.
About Lowgap Property Taxes
About Property Taxes in Lowgap, Surry, North Carolina
Lowgap’s median effective property tax rate of 0.69% is lower than the North Carolina state median of 0.81% and lower than the national median of 1.02%. This rate reflects the Surry 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 Lowgap. Homeowners in the 27024 ZIP code carry a median effective rate of 0.69%, while those in the lowest ZIP code pay 0.69%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Surry County. Understanding which part of Lowgap you live in can make a meaningful difference to your annual tax bill.
Lowgap homeowners who believe their assessed value is too high can file a formal appeal with the local 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 Lowgap, Surry 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 Lowgap's effective property tax rate to other cities in North Carolina and the median property tax rates in North Carolina and the U.S.
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 Lowgap Tax Rate
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 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 Lowgap, Surry County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27024 | 0.44% | 0.67% | 0.69% | 0.73% | 0.80% |
Source: Ownwell
Property Tax Assessment Values Across Lowgap, Surry County, North Carolina
When examining property taxes in Lowgap, 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 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.
Assessment notices: In Surry County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of February.
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. The median home price in Lowgap is $100,825, with a median tax bill of $648, far below the national median property tax bill of $2,400.
Property Tax Assessment Values Across Lowgap, Surry County, North Carolina
Source: Ownwell
$73,950
$120,985
$168,020
Median Lowgap Market Value
$100,825
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 Lowgap, Surry County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27024 | $36,515 | $63,068 | $100,825 | $174,245 | $265,319 |
Source: Ownwell
Property Tax Bills Across Lowgap, Surry County, North Carolina
Property tax bills in Lowgap are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. That means the bill depends on how much the home is worth, along with any exemptions or adjustments that may apply. For homeowners, this can make taxes vary widely even among similar properties.
In Lowgap, the median home price is $100,825, and the median property tax bill is $648.00 in zip code 27024. The 25th percentile tax bill is $422, while the 75th percentile is $1,085 and the 90th percentile reaches $1,568. These figures show how property tax bills can affect household budgets differently depending on a home’s assessed value and location within Surry County.
Median Lowgap Tax Bill
$648
Median Surry County Tax Bill
$778
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$2,400
Property Tax Bills Across Lowgap, Surry County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27024 | $263 | $422 | $648 | $1,085 | $1,568 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | May 4 |
Links | |
|---|---|
| Surry Tax Assessor | |
| Website | gis.co.surry.nc.us |