How much will I pay in property taxes for my new Chatham County home? 

That's a very common question when considering purchasing a home in Chatham County.  The easy answer - "one of the lowest rates in the Triangle".   But low compared to what? 

If you're considering relocating to Pittsboro, Siler City, or anywhere just outside of Carrboro, Chapel Hill, Apex, or Jordan Lake, here's an easy reference.

Ask your real estate agent what district number the property resides in.  Or check out the map below and find the approximate location of the home you're considering to see the name of the fire district you'll be relocating into. 

This chart shows the 2007/2008 Chatham County property tax rates.  For Chatham County, the fiscal years starts July 1st and runs until June 30th.

If you are relocating to a home inside a town, the tax rate will be slightly higher.  If your new home will be outside of town boundaries, the tax rate can be extremely low.

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

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

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

This will give you the yearly tax amount, per 2007/2008 rates.

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

You can also visit the Chatham County, NC Property Tax page to see any updates to tax tables or tax information. 

Raleigh and the Triangle Area

Whether you're looking at relocating to Raleigh to start your career, to find a friendly place to raise a family, or retiring in a terrific climate, Raleigh and the Research Park Triangle has something to offer you. Great schools, Forbes rated #1 in 2007 for Businesses and Careers, lots of lakes and golf courses, top-rated cultural centers, universities, and hospitals - and all only two hours to the ocean and three hours to the mountains - it's no wonder that Raleigh is a "Best Place to Live"!

You may also be interested in these related articles:

Southern Village in Chapel Hill - Eat and Shop after a Day at Jordan Lake

Summer Camps in the Carrboro/Chapel Hill Area - Arts, Sports, Horseback Riding, Cooking, Dance, and even "CSI-Chapel Hill"

What is Silk Hope, NC? Find Out More About This Beautiful Chatham County Community

Stanton Homes - Building Exceptional Living Experiences

Stanton Homes - bringing you information about life and experiences in the Triangle area.

Find out more about this local Raleigh custom new home builder at Stanton Homes.

Contact us today, or call 919-278-8070.

With signature elliptical archways and homes starting in the $250s, Stanton Homes is building exceptional living experiences in the Raleigh area.

Copyright 2008 by Stanton Homes.