Orange County NC Website
5 <br /> Orange County Property Tax Appeals:A Systemic Bias Analysis 3 <br /> Table 1.Rates of Informal and Formal Appeals(%) <br /> Neighborhood Group Informal Formal <br /> All Residential Properties 2.03 .49 <br /> High Property Valuesa 2.80 .74 <br /> Low Property Valuesb 1.20 .22 <br /> High White Populations` 1.20 .23 <br /> Low White Populations' 3.00 .67 <br /> a Represents the appeal rate for the roughly 20 percent of residential properties from the Census tracts <br /> with the highest median property values.The median property values in this category ranged from$453,200 to <br /> $694,600. <br /> b Represents the appeal rate for the roughly 20 percent of residential properties from the Census tracts <br /> with the lowest median property values.The median property values in this category ranged from$149,400 to <br /> $232,700. <br /> Represents the appeal rate for the roughly 20 percent of residential properties from the Census tracts with <br /> the highest White population percentages.The White population percentage for these tracts ranged from 88.32 <br /> percent to 92.8 percent. <br /> 'Represents the appeal rate for the roughly 20 percent of residential properties from the Census tracts with <br /> the lowest White population percentages.The White population percentages for these tracts ranged from 35.4 <br /> percent to 69.7 percent. <br /> Table 2.Average Reduction in Initial Appraised Value(%)After Informal or Formal Appeal <br /> Neighborhood Group Informal Formal <br /> All Residential Properties 8.9 9.2 <br /> High Property Valuesa 6.4 6.5 <br /> Low Property Valuesb 6.5 7.5 <br /> High White Populations` 8.1 10.3 <br /> Low White Populations' 14.4 7.2 <br /> a Represents the average reduction for the roughly 20 percent of appeals from Census tracts with the highest <br /> median property values.The median property values for these tracts ranged from$475,400 to$694,600 for <br /> informal appeals and from$498,900 to$659,500 for formal appeals. <br /> b Represents the average reduction for the roughly 20 percent of informal appeals from Census tracts with the <br /> lowest median property values.The median property values for these tracts ranged from$149,400 to$250,600 for <br /> informal appeals and from$149,400 to$287,900 for formal appeals. <br /> Represents the average reduction for the roughly 20 percent of informal appeals from Census tracts with <br /> the highest White populations.The White populations for these tracts ranged from 83 percent to 92.8 percent for <br /> informal appeals and from 81.8 percent to 92.8 percent for formal appeals. <br /> 'Represents the average reduction for the roughly 20 percent of informal appeals from Census tracts with <br /> the lowest White populations.The White populations for these tracts ranged from 35.4 percent to 68.5 percent for <br /> both informal appeals and formal appeals. <br /> ©2023.School of Government.The University of North Carolina at Chapel Hill. <br />