Ash, North Carolina Property Taxes
The median property tax rate in Ash, NC is 0.47%, 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 Ash, the typical annual property tax bill reaches $540, significantly below the national median of $2,690. Property taxes in Ash 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 Ash'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 Ash 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
Ash, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.47%
Estimate Property Tax Bill
$587
Ownwell’s ASH Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in ASH with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in ASH 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 Ash, North Carolina
Property taxes in ASH, North Carolina, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in ASH is 0.47%, which is lower than the U.S. national median of 0.99%. Local government entities within ASH set these rates annually, and they can vary significantly across different neighborhoods. Each year, ASH 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 ASH's effective property tax rate to other areas in North Carolina and the national median. For comparison, the zip code 28420 has the same median property tax rate of 0.47%. Understanding how these areas compare with ASH provides valuable insights into the varying tax landscape across Brunswick County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ash Tax Rate
0.47%
Average Brunswick County Tax Rate
0.43%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ash, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28420 | 0.29% | 0.40% | 0.47% | 0.56% | 0.77% |
Source: Ownwell
Property Tax Assessment Values Across Ash, North Carolina
In ASH, 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 Brunswick 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 ASH, 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 ASH helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $540.00 in the 28420 zip code, which also has the lowest median tax bill.
Average Ash Assessed Value
$124,790
Average Brunswick County Assessed Value
$338,175
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ash, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28420 | $23,684 | $67,012 | $124,790 | $207,840 | $346,489 |
Source: Ownwell
Property Tax Bills Across Ash, North Carolina
In Ash, located in Brunswick County, NC, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor’s office. The median home price in Ash is $124,790. Homeowners can expect their tax bills to vary significantly, with the 25th percentile at $321 and the 75th percentile at $826. For those in the 90th percentile, tax bills can reach up to $1,259. These figures highlight how property taxes can fluctuate based on the assessed value and specific characteristics of each property. The property tax rate in Ash is influenced by local government budgets and the need to fund public services such as schools, infrastructure, and emergency services. Compared to the national median property tax rate of 0.99%, Ash’s tax rates can be seen as relatively moderate, providing a balanced approach to funding essential services while not overly burdening homeowners. Understanding these factors can help homeowners in Ash anticipate their annual property tax obligations and manage their finances accordingly.
Average Ash Tax Bill
$540
Average Brunswick County Tax Bill
$1,377
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Ash, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28420 | $152 | $321 | $540 | $826 | $1,259 |
Source: Ownwell