Henderson County, North Carolina Property Taxes
The median property tax rate in Henderson County is 0.44%, which is 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 Henderson County at $308,800, the typical annual property tax bill stands at $1,336, well below the national median of $2,690. Property taxes in Henderson County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Henderson 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 Hendersonville or another part of Henderson County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Henderson County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.44%
Estimate Property Tax Bill
$1,359
$1,261
Ownwell’s Henderson County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Henderson County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Henderson County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Henderson County, North Carolina
Property taxes in Henderson County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Henderson County is 0.44%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within Henderson County set these rates annually, and they can vary significantly between different areas within the county. Each year, Henderson 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. For comparison, the city of Laurel Park has one of the higher property tax rates in the region at 0.57%, while the city of Arden boasts one of the lowest at 0.40%. Analyzing how Henderson County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
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 Henderson County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arden | 0.25% | 0.33% | 0.40% | 0.46% | 0.48% |
| Black Mountain | 0.22% | 0.34% | 0.43% | 0.50% | 0.53% |
| East Flat Rock | 0.32% | 0.40% | 0.45% | 0.50% | 0.53% |
| Etowah | 0.35% | 0.41% | 0.43% | 0.47% | 0.49% |
| Flat Rock | 0.32% | 0.39% | 0.43% | 0.49% | 0.52% |
| Fletcher | 0.31% | 0.33% | 0.36% | 0.43% | 0.49% |
| Gerton | 0.39% | 0.43% | 0.45% | 0.50% | 0.56% |
| Hendersonville | 0.35% | 0.41% | 0.46% | 0.53% | 0.68% |
| Horse Shoe | 0.30% | 0.40% | 0.43% | 0.47% | 0.50% |
| Laurel Park | 0.56% | 0.57% | 0.57% | 0.57% | 0.57% |
| Mills River | 0.26% | 0.34% | 0.38% | 0.40% | 0.42% |
| Penrose | 0.25% | 0.42% | 0.47% | 0.49% | 0.53% |
| Saluda | 0.36% | 0.43% | 0.47% | 0.50% | 0.57% |
| Zirconia | 0.34% | 0.42% | 0.46% | 0.49% | 0.57% |
Source: Ownwell
Property Tax Assessment Values Across Henderson County, North Carolina
In Henderson 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 Henderson 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 Henderson 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. In Henderson County, the highest median tax bill is found in Saluda at $1,545, while the lowest is in East Flat Rock at $822. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Henderson County, North Carolina
Source: Ownwell
$10,000
$189,000
$368,000
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 Henderson County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arden | $51,390 | $158,825 | $292,550 | $485,800 | $678,480 |
| Black Mountain | $120,200 | $189,600 | $297,700 | $393,750 | $583,900 |
| East Flat Rock | $51,880 | $119,500 | $188,800 | $255,600 | $312,000 |
| Etowah | $184,480 | $245,950 | $332,800 | $419,300 | $496,080 |
| Flat Rock | $85,330 | $187,425 | $349,350 | $532,750 | $815,370 |
| Fletcher | $144,720 | $255,300 | $357,100 | $435,600 | $512,080 |
| Gerton | $34,980 | $112,350 | $204,400 | $285,225 | $430,760 |
| Hendersonville | $101,300 | $189,000 | $298,100 | $429,700 | $602,800 |
| Horse Shoe | $142,500 | $238,525 | $340,300 | $467,275 | $674,820 |
| Laurel Park | $10,000 | $10,000 | $10,000 | $10,000 | $49,050 |
| Mills River | $117,800 | $226,200 | $368,000 | $544,700 | $774,900 |
| Penrose | $84,800 | $137,400 | $207,900 | $312,100 | $428,200 |
| Saluda | $83,920 | $172,700 | $341,400 | $522,300 | $731,160 |
| Zirconia | $60,240 | $146,850 | $244,950 | $424,875 | $694,710 |
Source: Ownwell
Property Tax Bills Across Henderson County, North Carolina
In Henderson County, NC, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the market value of the property. For example, with a median home price of $308,800, homeowners can expect tax bills that vary widely based on their home's assessed value and location within the county. The tax bill at the 25th percentile is $809, while at the 75th percentile, it reaches $2,010, and at the 90th percentile, it can go up to $2,882. Several factors influence these tax bills, including property location, size, and any applicable exemptions. In Henderson County, the city of Saluda has the highest median tax bill at $1,545, whereas East Flat Rock has the lowest at $822. These taxes directly impact homeowners by affecting their annual expenses and potentially influencing property values. Compared to the national median property tax rate of 0.99%, Henderson County's rates reflect a diverse range of tax burdens for its residents.
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 Henderson County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arden | $166 | $411 | $1,076 | $2,058 | $3,141 |
| Black Mountain | $323 | $707 | $1,023 | $1,816 | $2,599 |
| East Flat Rock | $222 | $491 | $822 | $1,146 | $1,332 |
| Etowah | $710 | $1,026 | $1,412 | $1,805 | $2,204 |
| Flat Rock | $350 | $798 | $1,434 | $2,191 | $3,354 |
| Fletcher | $490 | $894 | $1,291 | $1,677 | $1,996 |
| Gerton | $216 | $521 | $923 | $1,268 | $1,924 |
| Hendersonville | $416 | $821 | $1,392 | $2,143 | $2,989 |
| Horse Shoe | $504 | $864 | $1,430 | $2,030 | $2,837 |
| Laurel Park | $57 | $57 | $57 | $57 | $273 |
| Mills River | $380 | $772 | $1,307 | $2,002 | $2,891 |
| Penrose | $327 | $538 | $867 | $1,228 | $1,900 |
| Saluda | $375 | $811 | $1,545 | $2,407 | $3,568 |
| Zirconia | $243 | $587 | $1,076 | $1,913 | $3,133 |
Source: Ownwell