Jonesborough, Avery County, North Carolina Property Taxes

Local government entities set tax rates, which can vary widely within a state. In Jonesborough, 37011, NC, the property tax rate is a reflection of the county’s budgetary needs and the total assessed value of all taxable properties. Each year, the county determines its budget to provide necessary services and divides that by the total value of taxable property within its jurisdiction, resulting in the property tax rate. Votes and laws play a role in setting these rates and budgets, but this is the annual process in a nutshell.

Jonesborough’s effective property tax rate can be compared to other cities in North Carolina and the national median. With a median property tax rate of 0.40%, Jonesborough falls significantly below the national median of 1.02%. This can be an attractive factor for property owners considering the property tax burden. Homeowners in Jonesborough may find themselves benefiting from a lower tax rate, which can lead to substantial savings compared to other regions. Understanding these differences can be crucial for homeowners and potential buyers when evaluating property investments.

In Jonesborough, NC, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The property tax rate is applied to this assessed value to calculate the annual tax bill. With a median home price of $427,600 in the region, homeowners often face tax bills that can be significant. For instance, the tax bill at the 25th, 75th, and 90th percentiles all stand at $1,710, which is below the national median property tax bill of $2,400. However, the impact on homeowners can vary, depending on individual circumstances and the market value of their property.

Ownwell offers valuable assistance to homeowners seeking to reduce their property tax bills. By providing expert property tax appeal and exemption services, Ownwell helps ensure that property assessments are fair and accurate. This can lead to significant savings by potentially lowering the assessed value and, consequently, the tax bill. With Ownwell's support, homeowners can have peace of mind knowing they are not overpaying on property taxes.