Alpharetta, North Carolina Property Taxes
The median property tax rate in Alpharetta, NC is 0.40%, significantly lower than both the national median of 0.99% and the North Carolina state median of 0.82%. With a median home value of $65,000 in Alpharetta, the typical annual property tax bill comes to $260, well below the national median of $2,690. Property taxes in Alpharetta are determined based on the tax assessed value, which is often less than the market value due to exemptions such as those for primary residences and agricultural properties. By understanding Alpharetta's property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners and real estate investors can achieve substantial annual savings. Whether you're located in the heart of Alpharetta or another part of Avery County, a deep understanding of the local property tax system can provide significant financial benefits.
Last Updated June 14, 2024
Alpharetta, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.4%
Estimate Property Tax Bill
$260
$241
Ownwell’s Alpharetta Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Alpharetta with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Alpharetta 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 Alpharetta, North Carolina
Property taxes in Alpharetta, 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 Alpharetta is 0.40%, significantly lower than both the North Carolina state median and the U.S. national median of 0.99%. Local government entities within Alpharetta set these rates annually, and they can vary significantly across different neighborhoods. Each year, Alpharetta 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 Alpharetta's effective property tax rate to other counties in North Carolina and the national median. For comparison, the highest median property tax rate in North Carolina is found in zip code 27609, with a rate of 1.15%, while the lowest median tax rate is in zip code 28540, with a rate of 0.30%. Understanding how these cities compare with Alpharetta provides valuable insights into the varying tax landscape across Avery County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Alpharetta Tax Rate
0.40%
Average Avery County Tax Rate
0.40%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Alpharetta, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30004 | 0.40% | 0.40% | 0.40% | 0.40% | 0.40% |
Source: Ownwell
Property Tax Assessment Values Across Alpharetta, North Carolina
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Alpharetta, 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 Avery 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 Alpharetta, 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 Alpharetta is $65,000, with tax bills ranging from $260 at the 25th percentile to $260 at the 90th percentile. Notably, the highest and lowest median tax bills are both $260 in the 30004 zip code. By understanding these valuation processes, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Alpharetta, North Carolina
Source: Ownwell
$1,500
$3,074,950
$6,148,400
Average Alpharetta Assessed Value
$65,000
Average Avery County Assessed Value
$135,500
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Alpharetta, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30004 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 |
Source: Ownwell
Property Tax Bills Across Alpharetta, North Carolina
In Alpharetta, Avery County, NC, property tax bills are calculated based on the assessed value of a home. The assessed value is a percentage of the market value determined by the county assessor. Homeowners in Alpharetta can expect property tax bills that reflect the local tax rate applied to their home's assessed value. For instance, with a median home price of $65,000, property tax bills in Alpharetta are remarkably consistent, with the 25th, 75th, and 90th percentiles all seeing tax bills of $260. This uniformity indicates a stable and predictable property tax environment for homeowners. Compared to the national median property tax rate of 0.99%, Alpharetta offers a favorable tax situation, making it an attractive place for homeowners looking to manage their tax expenses. The highest and lowest median tax bills in the 30004 zip code are both $260, highlighting the area's balanced approach to property taxation. This consistency helps homeowners budget more effectively and provides a sense of financial stability.
Average Alpharetta Tax Bill
$260
Average Avery County Tax Bill
$540
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Alpharetta, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30004 | $260 | $260 | $260 | $260 | $260 |
Source: Ownwell