Davidson, Avery County, North Carolina Property Taxes
Median Davidson, NC effective property tax rate: 4.64%, significantly higher than the national median of 1.02%, but lower than the NC state median of 0.82%.
Median Davidson, NC home value: $90,000
Median annual Davidson, NC tax bill: $15,646, $13,246 higher than the national median property tax bill of $2,400.
How are property taxes in Avery calculated?
Property taxes in Davidson, 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 Davidson’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Davidson, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Davidson, Avery County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
4.64%
Estimate Property Tax Bill
$4,176
$3,875
Property Tax Rates Across Davidson, Avery County, North Carolina
Local government entities determine tax rates, which can vary significantly within a state. Each year, counties estimate their required budget to provide services and divide that by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.
In Davidson, located in Avery County, North Carolina, the effective property tax rate stands at 4.64%. This rate is notably higher compared to the national median property tax rate of 1.02%. Consequently, residents in Davidson face property tax bills that are typically higher than the national median of $2,400. This reflects the local government's need to fund public services and infrastructure, which impacts the overall tax rate.
Comparing Davidson's property tax rate to other cities in North Carolina and across the U.S., it becomes evident that property owners in this area contribute a larger portion of their property's assessed value towards taxes. Understanding these differences can help property owners make informed decisions and potentially seek assistance in appealing their property taxes.
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 Davidson Tax Rate
4.64%
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 Avery County Tax Rate
0.40%
Median Effective North Carolina Tax Rate
0.82%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Davidson, Avery County, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
28036 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Davidson, Avery County, North Carolina
When examining property taxes in Davidson, 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 Avery 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 Avery 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 Davidson. For example, the median home price in Davidson is $90,000, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Davidson, Avery County, North Carolina
Source: Ownwell
$2,200
$366,050
$729,900
Median Davidson Market Value
$90,000
Median Avery County Market Value
$135,500
Median North Carolina Market Value
$197,136
Median United States Market Value
$235,294
Property Tax Assessment Values Across Davidson, Avery County, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
28036 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Davidson, Avery County, North Carolina
Median Davidson Tax Bill
$15,646
Median Avery County Tax Bill
$540
Median North Carolina Tax Bill
$1,615
Median United States Tax Bill
$2,400
Property Tax Bills Across Davidson, Avery County, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
28036 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell