Alleghany County, North Carolina Property Taxes
The median property tax rate in Alleghany County is 0.70%, which is lower than both the national median of 0.99% and the North Carolina state median of 0.82%. With the median home value in Alleghany County, the typical annual property tax bill is $1,019, significantly below the national median of $2,690. Property taxes in Alleghany County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Alleghany 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 Sparta or another part of Alleghany County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Alleghany County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.7%
Estimate Property Tax Bill
$1,099
$1,020
Ownwell’s Alleghany Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Alleghany with just two data points. By entering your property's estimated assessed value, our calculator applies the median tax rate in Alleghany to provide an accurate estimate of your property tax bill. This tool offers valuable insights into potential tax liabilities, helping you make informed financial decisions. To explore trends at a more localized level, scroll down to access detailed city-specific information. Your property's assessed value, determined by the county, considers any exemptions you may have, ensuring an accurate tax calculation.
Property Tax Rates Across Alleghany County, North Carolina
Property taxes in Alleghany County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Alleghany County is 0.70%, which is lower than the U.S. national median of 0.99%. Local government entities within Alleghany County set these rates annually, and they can vary significantly between different areas within the county. Each year, Alleghany 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 Alleghany County's effective property tax rate with other areas and the national median. For comparison, the city of Scottville has one of the higher property tax rates in the region at 0.75%, while the city of Glade Valley boasts one of the lowest at 0.68%. Analyzing how Alleghany County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Alleghany County Tax Rate
0.70%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Alleghany County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ennice | 0.42% | 0.68% | 0.73% | 0.78% | 0.84% |
| Glade Valley | 0.53% | 0.65% | 0.68% | 0.72% | 0.77% |
| Grassy Creek | 0.68% | 0.70% | 0.71% | 0.72% | 0.74% |
| Laurel Springs | 0.39% | 0.67% | 0.72% | 0.76% | 0.82% |
| Piney Creek | 0.42% | 0.69% | 0.70% | 0.73% | 0.78% |
| Roaring Gap | 0.63% | 0.65% | 0.68% | 0.75% | 0.78% |
| Scottville | 0.70% | 0.72% | 0.75% | 0.77% | 0.81% |
| Sparta | 0.40% | 0.65% | 0.69% | 0.73% | 0.78% |
Source: Ownwell
Property Tax Assessment Values Across Alleghany County, North Carolina
In Alleghany 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 Alleghany 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 Alleghany 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 Alleghany County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Alleghany, the highest median tax bill is found in Glade Valley at $1,400, while the lowest is in Ennice at $862.
Property Tax Assessment Values Across Alleghany County, North Carolina
Source: Ownwell
$117,900
$168,300
$218,700
Average Alleghany County Assessed Value
$157,000
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Alleghany County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ennice | $51,820 | $77,825 | $123,700 | $207,575 | $341,140 |
| Glade Valley | $75,900 | $124,900 | $218,700 | $364,200 | $761,100 |
| Grassy Creek | $119,700 | $146,500 | $176,200 | $228,000 | $318,000 |
| Laurel Springs | $56,140 | $95,500 | $150,200 | $253,200 | $376,240 |
| Piney Creek | $72,110 | $129,425 | $194,350 | $266,275 | $344,130 |
| Roaring Gap | $73,100 | $116,100 | $200,900 | $473,100 | $549,200 |
| Scottville | $71,540 | $91,125 | $117,900 | $209,900 | $287,670 |
| Sparta | $63,550 | $92,500 | $142,300 | $230,100 | $370,750 |
Source: Ownwell
Property Tax Bills Across Alleghany County, North Carolina
In Alleghany County, NC, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor, who evaluates the property's market value. Once the assessed value is established, it is multiplied by the local tax rate to calculate the annual property tax bill. Homeowners in Alleghany County experience a range of tax bills depending on their property's value. For instance, the tax bill at the 25th percentile is approximately $660, while at the 75th percentile, it rises to around $1586. The 90th percentile sees tax bills as high as $2324. Comparatively, the national median property tax rate is 0.99%, placing Alleghany County's rates in a competitive range. The highest median tax bill in the county is found in Glade Valley at $1400, whereas Ennice has the lowest median tax bill at $862. Understanding these factors helps homeowners anticipate their property tax obligations and budget accordingly.
Average Alleghany County Tax Bill
$1,019
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Alleghany County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ennice | $371 | $561 | $862 | $1,292 | $1,908 |
| Glade Valley | $520 | $849 | $1,400 | $2,242 | $4,705 |
| Grassy Creek | $859 | $1,043 | $1,252 | $1,550 | $2,154 |
| Laurel Springs | $412 | $680 | $990 | $1,459 | $2,058 |
| Piney Creek | $474 | $804 | $1,271 | $1,689 | $2,107 |
| Roaring Gap | $547 | $840 | $1,206 | $2,942 | $3,601 |
| Scottville | $561 | $702 | $873 | $1,477 | $1,906 |
| Sparta | $432 | $622 | $913 | $1,372 | $1,975 |
Source: Ownwell