Candler, North Carolina Property Taxes
The median property tax rate in Candler, NC is 0.67%, which is notably lower than both the national median of 0.99% and the North Carolina state median of 0.82%. With a median home value of $297,150 in Candler, the typical annual property tax bill amounts to $2,046, falling below the national median of $2,690. Property taxes in Candler are calculated based on the tax assessed value, which is often less than the market value due to various exemptions such as primary residence and agricultural exemptions. Gaining an understanding of Candler's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you reside in the heart of Candler or another part of the city, familiarizing yourself with the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Candler, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.67%
Estimate Property Tax Bill
$1,991
Ownwell’s Candler Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Candler with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Candler 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 Candler, North Carolina
Property taxes in Candler, 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 Candler is 0.67%, which is lower than the U.S. national median of 0.99%. Local government entities within Candler set these rates annually, and they can vary significantly across different neighborhoods. Each year, Candler 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 Candler's effective property tax rate to other counties in North Carolina and the national median. For comparison, the 28715 zip code has both the highest and lowest median property tax rate of 0.67%. Understanding how these cities compare with Candler provides valuable insights into the varying tax landscape across Haywood County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Candler Tax Rate
0.67%
Average Haywood County Tax Rate
0.67%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Candler, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28715 | 0.56% | 0.65% | 0.67% | 0.69% | 0.70% |
Source: Ownwell
Property Tax Assessment Values Across Candler, North Carolina
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Candler, North Carolina. 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 Haywood 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 Candler, 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 Candler helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, the median tax bill in the 28715 zip code is $2,046, which can be a significant expense for homeowners.
Property Tax Assessment Values Across Candler, North Carolina
Source: Ownwell
$162,350
$296,500
$430,650
Average Candler Assessed Value
$297,150
Average Haywood County Assessed Value
$194,900
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Candler, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28715 | $252,150 | $272,850 | $297,150 | $347,925 | $591,750 |
Source: Ownwell
Property Tax Bills Across Candler, North Carolina
In Candler, NC, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. For instance, with a median home price of $297,150, homeowners can expect their tax bills to vary significantly. Factors such as property location, market conditions, and improvements to the home can influence the assessed value. In Candler, the 25th percentile tax bill is $1,792, while the 75th percentile tax bill is $2,278. For those at the higher end, the 90th percentile tax bill reaches $3,086. Comparatively, Candler’s property tax rates are competitive when contrasted with the national median property tax rate of 0.99%. This means that homeowners in Candler might find their tax bills relatively moderate, but they still need to budget accordingly. Understanding these factors can help homeowners anticipate their tax obligations and plan their finances more effectively.
Average Candler Tax Bill
$2,046
Average Haywood County Tax Bill
$1,259
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Candler, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28715 | $1,694 | $1,792 | $2,046 | $2,278 | $3,086 |
Source: Ownwell