Granville County, North Carolina property tax
The median homeowner in Granville County, North Carolina pays $1,694 a year in property tax on a home worth $235,700, an effective rate of 0.72%. The national effective rate is 0.98%.
What the rate means here
At 0.72%, Granville County taxes property more lightly than the national 0.98%. The bill works out at $1,694 a year. Low-rate counties usually have another revenue source doing the work, whether that is a state funding formula, sales tax or severance revenue from extraction.
It ranks #39 of 98 North Carolina counties by effective rate, against a statewide 0.70%, and #1,705 nationally. The state runs from 1.21% in Northampton County down to 0.37% in Jackson County.
The median home costs 3.32 times the median household income of $70,975, close to the national 3.86. With 61,439 residents, the sample behind these medians is small, and the survey's own margins of error are correspondingly wider.
The rate is derived rather than quoted. How and why.
What that costs at different home values
Arithmetic at the county effective rate, before any exemption or assessment cap.
Housing and income
| Granville County | North Carolina | United States | |
|---|---|---|---|
| Effective property tax | 0.72% | 0.70% | 0.98% |
| Median tax bill | $1,694 | $1,815 | $2,969 |
| Median home value | $235,700 | $259,400 | $303,400 |
| Median gross rent | $1,008 | $1,162 | $1,348 |
| Median household income | $70,975 | $69,904 | $78,538 |
| Home price to income | 3.32× | 3.71× | 3.86× |
| Rent as share of income | 17.04% | 19.95% | 20.6% |
| Owner-occupied | 76.61% | 66.37% | 65.02% |
Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 61,439.
Nearby counties of similar size
| County | Rate | Median bill | Home value |
|---|---|---|---|
| Haywood County | 0.60% | $1,532 | $254,900 |
| Pender County | 0.70% | $1,858 | $267,100 |
| Stanly County | 0.62% | $1,334 | $214,300 |
| Sampson County | 0.82% | $1,051 | $128,400 |
| Lee County | 0.80% | $1,707 | $213,800 |
Granville County property tax: common questions
What is the property tax rate in Granville County, North Carolina?
The effective rate is 0.72% of home value, from a median tax bill of $1,694 against a median home value of $235,700. That is 0.26 points below the national 0.98%.
How much is property tax on a $400,000 home in Granville County?
Roughly $2,880 a year at the county effective rate of 0.72%.
Is Granville County expensive compared with the rest of North Carolina?
It ranks #39 of 98 North Carolina counties by effective property tax rate, and #1705 of 2,826 nationally. That is 0.02 points above the North Carolina average of 0.70%.
What does housing cost in Granville County?
The median home is worth $235,700 and median gross rent is $1,008 a month. Median household income is $70,975, which puts the home at 3.32 times annual income and rent at 17.04% of it.