Doylestown, North Carolina Property Taxes
The median property tax rate in Doylestown, NC is 0.40%, significantly lower than both the national median of 0.99% and the North Carolina state median of 0.82%. With a median home value of $37,500 in Doylestown, the typical annual property tax bill is just $150, far below the national median of $2,690. Property taxes in Doylestown are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Doylestown's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Doylestown or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Doylestown, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.4%
Estimate Property Tax Bill
$150
Ownwell’s Doylestown Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Doylestown with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Doylestown to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Doylestown, North Carolina
Property taxes in Doylestown, North Carolina, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Doylestown is 0.40%, significantly lower than both the North Carolina state median and the U.S. national median of 0.99%. Local government entities within Doylestown set these rates annually, and they can vary significantly across different neighborhoods. Each year, Doylestown 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 Doylestown's effective property tax rate to other counties in North Carolina and the national median. For comparison, the zip code 18902 has both the highest and lowest median property tax rate of 0.40%. Understanding how these cities compare with Doylestown 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 Doylestown 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 Doylestown, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18902 | 0.40% | 0.40% | 0.40% | 0.40% | 0.40% |
Source: Ownwell
Property Tax Assessment Values Across Doylestown, North Carolina
In Doylestown, 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 Doylestown, 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. Being aware of these valuation processes in Doylestown helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills are both $150, found in zip code 18902.
Property Tax Assessment Values Across Doylestown, North Carolina
Source: Ownwell
$1,500
$3,074,950
$6,148,400
Average Doylestown Assessed Value
$37,500
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 Doylestown, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18902 | $37,500 | $37,500 | $37,500 | $37,500 | $37,500 |
Source: Ownwell
Property Tax Bills Across Doylestown, North Carolina
In Doylestown, Avery County, NC, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor and reflects the property's market value. Homeowners in Doylestown experience a consistent median tax bill of $150, which is notably lower than the national median property tax rate of 0.99%. Factors such as property size, location, and market conditions influence the assessed value, which in turn affects the tax bill. Given that the tax bill remains uniform across various percentiles—25th, 75th, and 90th—homeowners can expect a predictable annual expense. This consistency provides financial stability and predictability for budgeting. While the highest and lowest median tax bills in the area are both $150, indicating little variation, it's important for homeowners to understand that any changes in assessed values or local tax rates could impact their future tax bills.
Average Doylestown Tax Bill
$150
Average Avery County Tax Bill
$540
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Doylestown, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18902 | $150 | $150 | $150 | $150 | $150 |
Source: Ownwell