Pinnacle, Surry County, North Carolina Property Taxes

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

Median Pinnacle, NC effective property tax rate: 0.63%, significantly lower than the national median of 1.02%, and lower than the North Carolina state median of 0.81%.
Median Pinnacle, NC home value: $168,020
Median annual Pinnacle, NC tax bill: $986, $1,414 lower than the national median property tax bill of $2,400.

How are property taxes in Surry calculated?

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

Last Updated March 1, 2025

Pinnacle, Surry County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.63%

Estimate Property Tax Bill

$1,059

$982

Ownwell’s Pinnacle Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Pinnacle with just two data points.

By entering your property's estimated assessed value, our calculator applies Pinnacle’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 Pinnacle, Surry County, North Carolina

Local government entities play a crucial role in setting tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws influence the setting of tax rates and budgets, this is the core of the annual process.

In Pinnacle, located in Surry County, the effective property tax rate stands at 0.63%, which is notably lower than the national median property tax rate of 1.02%. Compared to other cities in North Carolina, Pinnacle's rate is consistent with the state’s median, reflecting a balanced approach to taxation. This lower rate can be advantageous for homeowners, offering them a more affordable property tax bill compared to the national median. It's important for property owners to understand these rates as they impact annual expenses and overall property affordability. By staying informed about local tax rates, homeowners can make better financial decisions and potentially benefit from appealing their property taxes if discrepancies are found.

Property Tax Rates Across Pinnacle, 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 Pinnacle Tax Rate

0.63%

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 Pinnacle, Surry County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
27043	0.43%	0.61%	0.63%	0.65%	0.68%

Source: Ownwell

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

When examining property taxes in Pinnacle, 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. Assessment notices: In Surry County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Pinnacle. For example, the median home price in Pinnacle is $168,020, with tax bills ranging significantly across the county. Zip code 27043 has the highest median home price at $168,020.

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

Source: Ownwell

$73,950

$120,985

$168,020

Median Pinnacle Market Value

$168,020

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 Pinnacle, Surry County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
27043	$72,236	$112,640	$168,020	$264,710	$386,220

Source: Ownwell

Property Tax Bills Across Pinnacle, Surry County, North Carolina

In the city of Pinnacle, located in Surry County, NC, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by local tax authorities and is influenced by factors like market conditions and property characteristics. Homeowners in Pinnacle typically face a median property tax bill of $986, which is significantly lower than the national median of $2400. This offers a more affordable property tax environment for residents compared to many other regions. However, tax bills can vary within the city, with the 25th percentile at $671 and the 90th percentile reaching $2114, indicating that some homeowners may still face higher costs. This variation underscores the importance of ensuring your property is accurately assessed. Ownwell can assist homeowners by reviewing their property assessments, identifying potential discrepancies, and filing appeals to ensure fair taxation. By leveraging expertise in property tax appeals, Ownwell helps homeowners in Pinnacle potentially reduce their tax burden and achieve savings.

Property Tax Bills Across Pinnacle, Surry County, North Carolina

Source: Ownwell

$550

$793

$1,035

Median Pinnacle Tax Bill

$986

Median Surry County Tax Bill

$778

Median North Carolina Tax Bill

$1,813

Median United States Tax Bill

$2,400

Property Tax Bills Across Pinnacle, Surry County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
27043	$443	$671	$986	$1,511	$2,114

Source: Ownwell