Crumpler, North Carolina Property Taxes
The median property tax rate in Crumpler, NC is 0.51%, considerably lower than both the national median of 0.99% and the North Carolina state median of 0.82%. With the median home value in Crumpler at $212,150, the typical annual property tax bill reaches $1,016, which is below the national median of $2,690. Property taxes in Crumpler are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Crumpler'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 Crumpler 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
Crumpler, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.51%
Estimate Property Tax Bill
$1,082
Ownwell’s Crumpler Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Crumpler with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Crumpler 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 Crumpler, North Carolina
Property taxes in Crumpler, 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 Crumpler is 0.51%, which is lower than the U.S. national median of 0.99%. Local government entities within Crumpler set these rates annually, and they can vary significantly across different neighborhoods. Each year, Crumpler 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 Crumpler's effective property tax rate to other areas in North Carolina and the national median. For comparison, the zip code 28617 has the highest median property tax rate of 0.51%, while the same zip code also has the lowest median tax rate of 0.51%. Understanding how these areas compare with Crumpler provides valuable insights into the varying tax landscape across the region, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Crumpler Tax Rate
0.51%
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 Crumpler, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28617 | 0.34% | 0.47% | 0.51% | 0.51% | 0.51% |
Source: Ownwell
Property Tax Assessment Values Across Crumpler, North Carolina
In Crumpler, 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 Ashe 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 Crumpler, 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. The median home price in Crumpler is $212,150, with tax bills ranging from $544 at the 25th percentile to $2,254 at the 90th percentile. 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 Crumpler helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Crumpler, North Carolina
Source: Ownwell
$175,200
$272,250
$369,300
Average Crumpler Assessed Value
$212,150
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 Crumpler, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28617 | $63,130 | $126,100 | $212,150 | $334,250 | $486,540 |
Source: Ownwell
Property Tax Bills Across Crumpler, North Carolina
Property tax bills in Crumpler, located in Ashe County, NC, are calculated based on the assessed value of a property, which is typically a percentage of the market value. The median home price in Crumpler stands at $212,150. The tax rate is applied to this assessed value to determine the annual property tax bill. Homeowners in Crumpler can expect a broad range of tax bills, with the 25th percentile at $544 and the 75th percentile reaching $1,589. For those at the 90th percentile, the tax bill can go up to $2,254. Several factors influence the property tax bill, including property size, location, and any applicable exemptions. Compared to the national median property tax rate of 0.99%, Crumpler's property tax rates can significantly impact homeowners, especially those with higher-valued properties. The highest and lowest median tax bills in the area are both $1,016 in the 28617 zip code, indicating a relatively consistent tax burden across different properties.
Average Crumpler Tax Bill
$1,016
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 Crumpler, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28617 | $256 | $544 | $1,016 | $1,589 | $2,254 |
Source: Ownwell