Sugar Mountain, Avery County, North Carolina Property Taxes
Median Sugar Mountain, NC effective property tax rate: 0.40%, significantly lower than the national median of 1.02%, but lower than the North Carolina state median of 0.82%.
Median Sugar Mountain, NC home value: $197,900
Median annual Sugar Mountain, NC tax bill: $809, $1,591 lower than the national median property tax bill of $2,400.
How are property taxes in Avery County calculated?
Property taxes in Sugar Mountain, 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 Sugar Mountain’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Sugar Mountain, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Sugar Mountain, Avery County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.4%
Estimate Property Tax Bill
$792
$735
Property Tax Rates Across Sugar Mountain, Avery County, North Carolina
Local government entities set tax rates, which can vary widely within a state. Why? 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 Sugar Mountain’s effective property tax rate to other cities in North Carolina and the median property tax rates in North Carolina and the U.S.
Sugar Mountain, located in Avery County, boasts a notably low effective property tax rate of 0.40%. This rate is significantly below North Carolina's median, offering a distinct advantage for property owners in the area. Such a favorable tax rate not only enhances affordability but also makes Sugar Mountain an attractive location for prospective homeowners and investors. With the national median property tax rate standing at 1.02%, Sugar Mountain's rate is less than half, underscoring its appeal. Property owners in this region can enjoy lower tax bills, contributing to overall cost savings.
Property Tax Rates Across Sugar Mountain, Avery County, North Carolina
Source: Ownwell
0.40%
0.40%
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 Sugar Mountain Tax Rate
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 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 Sugar Mountain, Avery County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28604 | 0.40% | 0.40% | 0.40% | 0.42% | 0.43% |
Source: Ownwell
Property Tax Assessment Values Across Sugar Mountain, Avery County, North Carolina
When examining property taxes in Sugar Mountain, 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 Sugar Mountain. For example, the median home price in Sugar Mountain is $197,900, with tax bills ranging significantly across the county. Zip code 28604 has the highest median home price at $197,900.
Property Tax Assessment Values Across Sugar Mountain, Avery County, North Carolina
Source: Ownwell
$2,200
$366,050
$729,900
Median Sugar Mountain Market Value
$197,900
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 Sugar Mountain, Avery County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28604 | $115,400 | $158,900 | $197,900 | $299,950 | $482,900 |
Source: Ownwell
Property Tax Bills Across Sugar Mountain, Avery County, North Carolina
Median Sugar Mountain Tax Bill
$809
Median Avery County Tax Bill
$540
Median North Carolina Tax Bill
$1,615
Median United States Tax Bill
$2,400
Property Tax Bills Across Sugar Mountain, Avery County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28604 | $470 | $636 | $809 | $1,206 | $1,903 |
Source: Ownwell