Todd, Ashe County, North Carolina Property Taxes
Median TODD, NC effective property tax rate: 0.50%, significantly lower than the national median of 1.02%, but lower than the NC state median of 0.82%.
Median TODD, NC home value: $369,300
Median annual TODD, NC tax bill: $1,791, $609 lower than the national median property tax bill of $2,400.
How are property taxes in Ashe calculated?
Property taxes in TODD, NC are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding TODD’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in TODD, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Todd, Ashe County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.5%
Estimate Property Tax Bill
$1,847
$1,714
Property Tax Rates Across Todd, Ashe County, North Carolina
Local government entities set tax rates, which can vary widely within a state. This is because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Todd’s effective property tax rate to other cities in North Carolina and the median property tax rates in North Carolina and the U.S.
In Todd, located in Ashe County, the median property tax rate stands at 0.50%, which is significantly below the national median of 1.02%. This makes it an attractive location for property owners looking to minimize their tax expenses. The highest and lowest median tax rates in the area are both 0.50%, indicating a consistent tax landscape across the region. This consistency can provide peace of mind for property owners, as it suggests stability in tax obligations. By understanding these rates, property owners in Todd can make informed decisions about their investments and financial planning, ensuring they maximize their property value while minimizing tax liabilities.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Todd Tax Rate
0.50%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Ashe County Tax Rate
0.48%
Median Effective North Carolina Tax Rate
0.82%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Todd, Ashe County, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
28684 | 0.48% | 0.48% | 0.50% | 0.51% | 0.51% |
Source: Ownwell
Property Tax Assessment Values Across Todd, Ashe County, North Carolina
When examining property taxes in Todd, NC, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Ashe County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Ashe County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Todd.
For example, the median home price in Todd is $369,300, with tax bills ranging significantly across the county. Zip code 28684 has the highest median home price at $369,300.
Property Tax Assessment Values Across Todd, Ashe County, North Carolina
Source: Ownwell
$175,200
$272,250
$369,300
Median Todd Market Value
$369,300
Median Ashe County Market Value
$228,400
Median North Carolina Market Value
$197,136
Median United States Market Value
$235,294
Property Tax Assessment Values Across Todd, Ashe County, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
28684 | $76,260 | $175,550 | $369,300 | $519,700 | $670,960 |
Source: Ownwell
Property Tax Bills Across Todd, Ashe County, North Carolina
In Todd, located in Ashe County, NC, property tax bills are calculated based on the assessed value of the property, which is determined by the local tax assessor. The assessed value is a percentage of the property's market value. Homeowners in Todd experience a median property tax bill of $1,791, which is considerably lower than the national median of $2,400. Tax bills can vary significantly, with the 25th percentile paying around $837 and the 90th percentile reaching up to $3,243. These variations depend on factors such as property size, location, and improvements. High property taxes can place a significant financial burden on homeowners, impacting their overall cost of living.
Ownwell offers a solution to alleviate this burden by providing property tax appeal services. By analyzing property data and identifying discrepancies in assessed values, Ownwell can help homeowners in Todd reduce their property tax bills. With expert guidance and support, homeowners can ensure they are not overpaying and potentially save a substantial amount on their annual property taxes.
Median Todd Tax Bill
$1,791
Median Ashe County Tax Bill
$1,108
Median North Carolina Tax Bill
$1,615
Median United States Tax Bill
$2,400
Property Tax Bills Across Todd, Ashe County, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
28684 | $357 | $837 | $1,791 | $2,521 | $3,243 |
Source: Ownwell