San Antonio, North Carolina Property Taxes
The median property tax rate in San Antonio, NC is 0.40%, significantly lower than both the national median of 0.99% and the North Carolina state median of 0.82%. With the median home value in San Antonio at $372,900, the typical annual property tax bill amounts to $1,492, which is well below the national median of $2,690. Property taxes in San Antonio are calculated based on the tax assessed value, which often falls below the market value due to exemptions such as the primary residence and agricultural exemptions. Understanding San Antonio's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of San Antonio 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
San Antonio, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.4%
Estimate Property Tax Bill
$1,492
$1,384
Ownwell’s San Antonio Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in San Antonio with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in San Antonio to provide an accurate estimate of your property tax bill. This valuable resource helps you understand potential tax liabilities. For those interested in more detailed insights, you can explore trends at the neighborhood level by scrolling down. Your property's assessed value is determined by the county for tax purposes, and it reflects any applicable exemptions.
Property Tax Rates Across San Antonio, North Carolina
Property taxes in San Antonio, 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 San Antonio is 0.40%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within San Antonio set these rates annually, and they can vary significantly across different neighborhoods. Each year, San Antonio 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 San Antonio's effective property tax rate to other counties in North Carolina and the national median. For comparison, the zip code 78248 has the highest median property tax rate of 0.40%, while the same zip code also has the lowest median tax rate of 0.40%. Understanding how these cities compare with San Antonio 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 San Antonio 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 San Antonio, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78248 | 0.40% | 0.40% | 0.40% | 0.40% | 0.40% |
Source: Ownwell
Property Tax Assessment Values Across San Antonio, North Carolina
In San Antonio, 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 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 San Antonio, 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 San Antonio helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills both stand at $1,492 in the zip code 78248.
Property Tax Assessment Values Across San Antonio, North Carolina
Source: Ownwell
$1,500
$3,074,950
$6,148,400
Average San Antonio Assessed Value
$372,900
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 San Antonio, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78248 | $372,900 | $372,900 | $372,900 | $372,900 | $372,900 |
Source: Ownwell
Property Tax Bills Across San Antonio, North Carolina
In San Antonio, Avery County, NC, property tax bills are calculated based on the assessed value of a homeowner's property. The assessed value is determined by the county's tax assessor and is meant to reflect the market value of the property. Once the assessed value is established, the local tax rate is applied to this value to determine the annual property tax bill. Several factors are considered in this calculation, including the property's location, size, and any improvements or renovations made. For instance, the median home price in San Antonio is $372,900, and the median property tax bill is $1,492, which is significantly lower than the national median property tax rate of 0.99%. This relatively low tax burden can make homeownership more affordable, but it's essential for homeowners to stay informed about their property's assessed value and any changes in local tax rates. Understanding these factors can help homeowners anticipate their tax bills and manage their finances effectively.
Average San Antonio Tax Bill
$1,492
Average Avery County Tax Bill
$540
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across San Antonio, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78248 | $1,492 | $1,492 | $1,492 | $1,492 | $1,492 |
Source: Ownwell