Zirconia, North Carolina Property Taxes
The median property tax rate in Zirconia, NC is 0.46%, 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 Zirconia at $244,950, the typical annual property tax bill amounts to $1,076, significantly less than the national median of $2,690. Property taxes in Zirconia 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 Zirconia'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 Zirconia 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
Zirconia, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.46%
Estimate Property Tax Bill
$1,127
Ownwell’s Zirconia Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Zirconia with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Zirconia 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 Zirconia, North Carolina
Property taxes in Zirconia, North Carolina, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Zirconia is 0.46%, lower than both the North Carolina state median of 0.77% and the U.S. national median of 0.99%. Local government entities within Zirconia set these rates annually, and they can vary significantly across different neighborhoods. Each year, Zirconia 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 Zirconia's effective property tax rate to other counties in North Carolina and the national median. For comparison, the 28790 zip code has the highest median property tax rate of 0.46%, while the same zip code also has the lowest median tax rate of 0.46%. Understanding how these cities compare with Zirconia provides valuable insights into the varying tax landscape across Henderson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Zirconia Tax Rate
0.46%
Average Henderson County Tax Rate
0.44%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Zirconia, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28790 | 0.34% | 0.42% | 0.46% | 0.49% | 0.57% |
| 28791 | 0.36% | 0.36% | 0.36% | 0.36% | 0.36% |
Source: Ownwell
Property Tax Assessment Values Across Zirconia, North Carolina
In Zirconia, 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 Henderson 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 Zirconia, 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. For instance, residents in the 28790 zip code face the highest median tax bill at $1,077, while those in the 28791 zip code have the lowest at $203. 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Zirconia, North Carolina
Source: Ownwell
$10,000
$189,000
$368,000
Average Zirconia Assessed Value
$244,950
Average Henderson County Assessed Value
$308,800
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Zirconia, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28790 | $60,600 | $146,950 | $245,000 | $424,950 | $695,000 |
| 28791 | $55,700 | $55,700 | $55,700 | $55,700 | $55,700 |
Source: Ownwell
Property Tax Bills Across Zirconia, North Carolina
In Zirconia, NC, located in Henderson County, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the county's property appraiser and reflects the market value of the property. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. For example, with a median home price of $244,950, homeowners in Zirconia can expect varying tax bills. The 25th percentile tax bill is around $587, while the 75th percentile reaches up to $1,913, and the 90th percentile can be as high as $3,133. These taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting the community. Homeowners in the highest median tax bill zip code, 28790, pay around $1,077, while those in the lowest, 28791, pay approximately $203. Compared to the national median property tax rate of 0.99%, Zirconia offers a diverse range of tax obligations, significantly affecting homeowner expenses and community services.
Average Zirconia Tax Bill
$1,076
Average Henderson County Tax Bill
$1,336
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Zirconia, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28790 | $244 | $588 | $1,077 | $1,914 | $3,134 |
| 28791 | $203 | $203 | $203 | $203 | $203 |
Source: Ownwell