Sherrills Ford, Avery County, North Carolina Property Taxes

Name: Property Tax Bills Across Sherrills Ford, Avery County, North Carolina
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median SHERRILLS FORD, NC effective property tax rate: 0.40%, significantly lower than the national median of 1.02%, but lower than the NC state median of 0.82%.
Median SHERRILLS FORD, NC home value: $358,200
Median annual SHERRILLS FORD, NC tax bill: $1,433, $967 lower than the national median property tax bill of $2,400.

How are property taxes in Avery calculated?

Property taxes in SHERRILLS FORD, 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 SHERRILLS FORD’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in SHERRILLS FORD, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Sherrills Ford, Avery County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.4%

Estimate Property Tax Bill

$1,433

$1,330

Ownwell’s Sherrills Ford Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Sherrills Ford with just two data points. By entering your property's estimated assessed value, our calculator applies Sherrills Ford’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Catawba. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Sherrills Ford, Avery County, North Carolina

Local government entities set tax rates, which can vary widely within a state. 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 Sherrills Ford’s effective property tax rate to other cities in North Carolina and the median property tax rates in North Carolina and the U.S. Sherrills Ford, located in Catawba County, has a median property tax rate of 0.75%, which is below the national median of 1.02%. This means homeowners in Sherrills Ford enjoy a relatively lower property tax burden compared to the national average. However, compared to Avery County’s median tax rate of 0.40%, Sherrills Ford’s rate is higher. Understanding these differences can help property owners make informed decisions about where to buy or how to manage their property tax liabilities.

Property Tax Rates Across Sherrills Ford, Avery County, North Carolina

Source: Ownwell

0.40%

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 Sherrills Ford Tax Rate

0.40%

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 Sherrills Ford, Avery County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
28673	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Sherrills Ford, Avery County, North Carolina

When examining property taxes in Sherrills Ford, 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 Sherrills Ford. For example, the median home price in Sherrills Ford is $358,200, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Sherrills Ford, Avery County, North Carolina

Source: Ownwell

$2,200

$366,050

$729,900

Median Sherrills Ford Market Value

$358,200

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 Sherrills Ford, Avery County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
28673	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Sherrills Ford, Avery County, North Carolina

In Sherrills Ford, located in Avery County, NC, property tax bills are determined by applying the local tax rate to the assessed value of a home. With a median home price of $358,200, homeowners in this area face a property tax rate that results in a tax bill of $1,433 for many residents, which is significantly lower than the national median property tax bill of $2,400. This is due to the lower property tax rate in the area compared to the national median rate of 1.02%. The tax bill is influenced by factors such as the assessed value of the property and any applicable exemptions or deductions. For homeowners, these taxes represent a significant annual expense, impacting overall affordability and financial planning. Ownwell offers a valuable service by appealing property tax assessments and identifying potential exemptions, helping homeowners reduce their tax liabilities. By leveraging expertise and local knowledge, Ownwell can assist in securing potential savings, ensuring homeowners pay only their fair share.

Property Tax Bills Across Sherrills Ford, Avery County, North Carolina

Source: Ownwell

$1,444

$2,879

Median Sherrills Ford Tax Bill

$1,433

Median Avery County Tax Bill

$540

Median North Carolina Tax Bill

$1,615

Median United States Tax Bill

$2,400

Property Tax Bills Across Sherrills Ford, Avery County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
28673	N/A	N/A	N/A	N/A	N/A

Source: Ownwell