Ashe County Property Taxes
The median property tax rate in Ashe County is 0.48%, which is 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 Ashe County at $228,400, the typical annual property tax bill is approximately $1,108, far below the national median of $2,690. Property taxes in Ashe County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Ashe County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Jefferson or another part of Ashe County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Ashe County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.48%
Estimate Property Tax Bill
$1,096
Ownwell’s Ashe County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Ashe County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Ashe County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Ashe County, North Carolina
Property taxes in Ashe County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Ashe County is 0.48%, which is lower than the U.S. national median of 0.99%. Local government entities within Ashe County set these rates annually, and they can vary significantly between different areas within the county. Each year, Ashe County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Ashe County's effective property tax rate with other counties in North Carolina and the national median. For comparison, the city of Warrensville has one of the higher property tax rates in the region at 0.56%, while the city of Jefferson boasts one of the lowest at 0.47%. Analyzing how Ashe County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Ashe County Tax Rate
0.48%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ashe County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Creston | 0.33% | 0.50% | 0.50% | 0.51% | 0.52% |
| Crumpler | 0.34% | 0.47% | 0.51% | 0.51% | 0.51% |
| Fleetwood | 0.48% | 0.48% | 0.48% | 0.48% | 0.48% |
| Glendale Spgs | 0.51% | 0.51% | 0.51% | 0.51% | 0.51% |
| Glendale Springs | 0.33% | 0.51% | 0.51% | 0.51% | 0.53% |
| Grassy Creek | 0.31% | 0.51% | 0.51% | 0.51% | 0.51% |
| Jefferson | 0.47% | 0.47% | 0.47% | 0.51% | 0.74% |
| Lansing | 0.37% | 0.50% | 0.50% | 0.51% | 0.52% |
| Laurel Springs | 0.34% | 0.51% | 0.51% | 0.51% | 0.52% |
| Scottville | 0.32% | 0.51% | 0.51% | 0.51% | 0.51% |
| Todd | 0.48% | 0.48% | 0.50% | 0.51% | 0.51% |
| Warrensville | 0.42% | 0.56% | 0.56% | 0.56% | 0.57% |
| West Jefferson | 0.44% | 0.48% | 0.48% | 0.48% | 0.51% |
| Zionville | 0.50% | 0.50% | 0.50% | 0.50% | 0.50% |
Source: Ownwell
Property Tax Assessment Values Across Ashe County, North Carolina
In Ashe County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Ashe County Appraisal District. The assessed value, however, 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. Assessment notices in Ashe County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Ashe County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. Todd has the highest median tax bill at $1,791, while Creston has the lowest at $821. The median home price in Ashe County is $228,400, with tax bills ranging from $607 at the 25th percentile to $2,548 at the 90th percentile.
Property Tax Assessment Values Across Ashe County, North Carolina
Source: Ownwell
$175,200
$272,250
$369,300
Average Ashe County Assessed Value
$228,400
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ashe County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Creston | $36,840 | $90,600 | $177,050 | $281,975 | $438,370 |
| Crumpler | $63,130 | $126,100 | $212,150 | $334,250 | $486,540 |
| Fleetwood | $92,570 | $175,075 | $278,700 | $397,950 | $526,260 |
| Glendale Spgs | $303,500 | $303,500 | $303,500 | $303,500 | $303,500 |
| Glendale Springs | $98,330 | $135,875 | $249,400 | $400,325 | $543,600 |
| Grassy Creek | $51,540 | $140,600 | $241,200 | $381,200 | $547,040 |
| Jefferson | $76,500 | $159,600 | $253,150 | $402,575 | $588,650 |
| Lansing | $39,620 | $89,750 | $175,200 | $279,000 | $431,600 |
| Laurel Springs | $49,700 | $128,750 | $219,000 | $364,100 | $541,340 |
| Scottville | $76,860 | $149,300 | $204,050 | $400,300 | $543,310 |
| Todd | $76,260 | $175,550 | $369,300 | $519,700 | $670,960 |
| Warrensville | $34,000 | $93,225 | $175,550 | $277,950 | $428,500 |
| West Jefferson | $83,980 | $152,300 | $238,750 | $366,575 | $522,380 |
| Zionville | $76,000 | $138,450 | $217,900 | $349,750 | $443,260 |
Source: Ownwell
Property Tax Bills Across Ashe County, North Carolina
In Ashe County, NC, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The median home price in Ashe County is $228,400. The assessed value is then multiplied by the local property tax rate to determine the annual tax bill. Factors such as property size, location, and market conditions can influence the assessed value. Homeowners in Ashe County experience varying tax bills. For instance, the 25th percentile tax bill is $607, while the 75th percentile tax bill is $1769. At the 90th percentile, the tax bill can reach up to $2548. Comparatively, the highest median tax bill in the county is $1791 in Todd, while the lowest is $821 in Creston. These variations show how property location within the county significantly impacts the tax burden. Understanding these factors helps homeowners anticipate their property tax obligations and manage their finances accordingly.
Average Ashe County Tax Bill
$1,108
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Ashe County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Creston | $172 | $419 | $821 | $1,327 | $2,020 |
| Crumpler | $256 | $544 | $1,016 | $1,589 | $2,254 |
| Fleetwood | $417 | $816 | $1,305 | $1,863 | $2,463 |
| Glendale Spgs | $1,560 | $1,560 | $1,560 | $1,560 | $1,560 |
| Glendale Springs | $450 | $678 | $1,035 | $1,925 | $2,481 |
| Grassy Creek | $233 | $608 | $1,141 | $1,746 | $2,573 |
| Jefferson | $350 | $766 | $1,352 | $2,069 | $3,017 |
| Lansing | $193 | $433 | $827 | $1,377 | $2,049 |
| Laurel Springs | $213 | $612 | $1,028 | $1,721 | $2,512 |
| Scottville | $329 | $677 | $976 | $1,886 | $2,226 |
| Todd | $357 | $837 | $1,791 | $2,521 | $3,243 |
| Warrensville | $170 | $469 | $893 | $1,483 | $2,304 |
| West Jefferson | $365 | $678 | $1,125 | $1,738 | $2,478 |
| Zionville | $383 | $614 | $1,051 | $1,751 | $2,232 |
Source: Ownwell