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Chatham County Property Tax Rates | How Much Are Property Taxes in Chatham County?

By Stanton Homes

Home Builder with Stanton Homes - New Home Builder

May 03, 2011 01:43 AM

Chatham County NC Relocation

2010 Property Tax Rates in Chatham County

View updated Chatham County, NC property tax information here

View 2011 Chatham County, NC property tax rates here

How Much Will I Pay in Property Taxes for My New Pittsboro, Siler City, Goldston, or Bonlee Home?

That's a very common question when considering purchasing a home in Chatham County NC.

Chatham County is divided by US-421, US-64, and NC Hwy 87. Pittsboro is the Chatham County seat. Silk Hope, Bear Creek, and Fearrington Village are just a few popular areas to live in Chatham County. Find out more about Chatham County here.

If you're considering relocating to Chatham County, you may have a Pittsboro, Siler City, Goldston, Silk Hope, Bear Creek, or Bonlee street address.

Find Out What District Your New Chatham County Home is Located In

Ask your real estate agent what fire district or town the property resides in. If there's a particular home that you're considering, you can go directly to the Chatham County Tax Records site.

The chart below shows the 2010 Chatham County property tax rates. If you are relocating to a home inside a town or fire district, the tax rate will generally be higher. If your new home will be outside of town boundaries, the tax rate can be extremely low.

Check the Tax Rate Tables for the Property Tax Rate for Your District or Town in Chatham County NC

The county rate gets combined with either the fire district rate or the town rate, depending on where the home for sale is located.

Chatham County Property Tax Rates | How Much Are Property Taxes in Chatham County?

OK - But What Will I Actually Pay in Pittsboro, Siler City, Goldston, or Bonlee Property Taxes?

What do all those little numbers mean? It's actually not as hard as it looks.

Take the assessed value of the property.
Divide by 100.
Multiply by the tax rate.

This will give you the yearly tax amount, per 2010 fiscal year rates.

And just to give you an idea, here's a table of sample yearly tax payments for different sample assessed home values.

Chatham County has some of the lowest property tax rates in the Triangle area. There is no guarantee that tax rates will remain the same - check the Chatham County Property Tax page for most recent information.

As you can see, the Town of Siler City is one of the most expensive places to live in Chatham County NC.

Chatham County Property Tax Rates | How Much Are Property Taxes in Chatham County?

When looking at properties, don't take the "city" address for granted - you could be in a different county, with different tax rates, depending on where exactly the property is located. For example, only parts of Cary fall under Chatham County.