Atlanta, North Carolina Property Taxes
The median property tax rate in Atlanta, NC is 0.40%, significantly lower than both the national median of 0.99% and the North Carolina state median of 0.82%. With the median home value in Atlanta at $187,950, the typical annual property tax bill amounts to $752, well below the national median of $2,690. Property taxes in Atlanta are calculated based on the tax assessed value, which is often less than the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Atlanta's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Atlanta or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Atlanta, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.4%
Estimate Property Tax Bill
$752
Ownwell’s Atlanta Property Tax Bill Calculator is an invaluable tool for homeowners, real estate investors, and potential buyers looking to estimate their annual property taxes in Atlanta. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Atlanta to provide an accurate estimate of your property tax bill. This tool offers a clear understanding of potential tax liabilities, helping you make informed financial decisions. For those interested in more detailed insights, you can explore neighborhood-level trends by scrolling down. Your property’s assessed value, determined by the county, is crucial for property tax calculations and includes any applicable exemptions.
Property Tax Rates Across Atlanta, North Carolina
Property taxes in Atlanta, North Carolina, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Atlanta is 0.40%, which is lower than the U.S. national median of 0.99%. Local government entities within Atlanta set these rates annually, and they can vary significantly across different neighborhoods. Each year, Atlanta estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Atlanta's effective property tax rate to other areas in North Carolina and the national median. For comparison, the 30309 zip code has the highest median property tax rate of 0.42%, while the 30322 zip code has the lowest median tax rate of 0.40%. Understanding how these areas compare with Atlanta provides valuable insights into the varying tax landscape across Avery County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Atlanta Tax Rate
0.40%
Average Avery County Tax Rate
0.40%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Atlanta, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30305 | 0.40% | 0.40% | 0.40% | 0.40% | 0.40% |
30309 | 0.42% | 0.42% | 0.42% | 0.42% | 0.42% |
30312 | 0.40% | 0.40% | 0.40% | 0.40% | 0.40% |
30322 | 0.40% | 0.40% | 0.40% | 0.40% | 0.40% |
30350 | 0.13% | 0.18% | 0.25% | 0.33% | 0.37% |
Source: Ownwell
Property Tax Assessment Values Across Atlanta, North Carolina
In Atlanta, North Carolina, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Avery County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Atlanta, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. The highest median tax bill in Atlanta is $2,925 in the 30309 zip code, while the lowest is $741 in the 30312 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Atlanta, North Carolina
Source: Ownwell
$1,500
$3,074,950
$6,148,400
Average Atlanta Assessed Value
$187,950
Average Avery County Assessed Value
$135,500
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Atlanta, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30305 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 |
30309 | $690,500 | $690,500 | $690,500 | $690,500 | $690,500 |
30312 | $185,200 | $185,200 | $185,200 | $185,200 | $185,200 |
30322 | $190,700 | $190,700 | $190,700 | $190,700 | $190,700 |
30350 | $188,700 | $441,450 | $862,700 | $1,283,950 | $1,536,700 |
Source: Ownwell
Property Tax Bills Across Atlanta, North Carolina
Property tax bills in Atlanta, located in Avery County, NC, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county assessor and is intended to reflect the property's market value. Once the assessed value is established, the local property tax rate is applied to calculate the annual tax bill. In Atlanta, the median home price is $187,950, which serves as a benchmark for many homeowners. Several factors influence the final tax bill, including the property's size, location, and any applicable exemptions. For example, the tax bill for the 25th percentile is $246, while for the 75th percentile, it rises to $1,473. At the 90th percentile, homeowners can expect a tax bill of $2,317. These figures highlight the range of property tax burdens within the city, with the highest median tax bill reaching $2,925 in zip code 30309 and the lowest median tax bill at $741 in zip code 30312. Understanding these variations helps homeowners anticipate their annual financial obligations.
Average Atlanta Tax Bill
$752
Average Avery County Tax Bill
$540
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Atlanta, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30305 | $32 | $32 | $32 | $32 | $32 |
30309 | $2,925 | $2,925 | $2,925 | $2,925 | $2,925 |
30312 | $741 | $741 | $741 | $741 | $741 |
30322 | $763 | $763 | $763 | $763 | $763 |
30350 | $244 | $488 | $895 | $1,303 | $1,547 |
Source: Ownwell