The Guilford County Tax Department will mail approximately 225,000 tax notices in mid-July and wants to ensure property owners know what to expect, key due dates, and resources available to support certain populations.
The Guilford County Board of Commissioners made no change to the property tax rate for Fiscal Year 2023/2024, so the county property tax rate remains at $0.7305.
To help property owners navigate the process, the Guilford County Tax Department offered the following tips:
Tip 1: If you pay by Aug. 31, you receive a 1% discount for early payment. Taxes are due on Sept. 1, 2023 and the last day to pay is Jan. 5, 2024. Failure to pay property tax by Jan. 5, 2024 will result in interest beginning to accrue on the account and enforced collections may begin. Property owners who pay county taxes by Aug. 31, 2023 will receive a 1% discount. Property owners should refer to their statement for any municipal property tax discounts that may be available.
Tip 2: Pay online using https://my.guilfordcountync.gov. Paying your taxes online is easy and instant.
- Visit my.guilfordcountync.gov or download the myGuilfordCounty app.
- Create an account or use your myNCDMV credentials to login.
- Locate your information and pay your property tax bill.
- Your account is instantly credited, and you will receive confirmation that your tax bill has been paid.
Tip 3: If your property taxes are paid through escrow, you will receive a notice instead of a bill.
Approximately 40% of Guilford County property owners pay their taxes through an escrow with their mortgage lender. For owners paying through escrow, the mortgage lender will obtain the amount due from the Tax Department. The property owner will receive a notice in the mail to inform them the lender has requested the property tax bill for payment. No further action is necessary however, according to North Carolina General Statutes, it is the property owner’s responsibility to ensure all taxes are paid, even when using an escrow. It is important to ensure timely payment is made and the information on the notice received is correct. To confirm your tax bill has been paid, visit the tax department website.
Tip 4: Property tax relief programs are available for qualifying property owners. There are three property tax relief programs available to certain North Carolina residents that can lower or help pay property tax due. The Senior and Disabled Tax Relief Program (also called the Elderly or Disabled Homestead Exclusion), the Circuit Breaker Tax Deferment Program, and the Disabled Veteran Program.
If you own a home and it is your primary residence and you are either a senior earning a low-income, a person with a disability, a veteran with a disability or the unmarried surviving spouse of a veteran with a disability, you may qualify for support. Visit taxrelief.guilfordcountync.gov to find out if you qualify and to submit an application.
“The taxes paid by property owners in Guilford County are a major funding source for education in our community as well as critical county services like public safety, EMS, social services, and other programs that benefit our residents,” said Ben Chavis, Guilford County Tax Director. “We want to make the process as easy and efficient as possible by providing multiple options and flexibility for making property tax payments. We encourage anyone having difficulty paying their property tax to contact our office.”
Property taxes make up about 63% of the revenue to Guilford County, followed by sales taxes (13%), federal/state funds (12%), and user charges (6%), with the remainder comprised of other revenues and appropriated fund balance (i.e. annual savings).
The real estate property tax owed is based on the 2022 reappraised value. For more information on reappraisals or to view a property’s 2022 reappraisal information, visit the 2022 Reappraisal website. By law, Guilford County will conduct its next reappraisal in 2026.
For more information, visit www.guilfordcountync.gov/our-county/tax, email the tax department at [email protected], or call 336-641-3363.