Black Mountain, Buncombe County, North Carolina Property Taxes

Name: Property Tax Bills Across Black Mountain, Buncombe County, North Carolina
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Black Mountain, NC effective property tax rate: 0.79%, significantly lower than the national median of 1.02%, but lower than the North Carolina state median of 0.82%.
Median Black Mountain, NC home value: $271,800
Median annual Black Mountain, NC tax bill: $1,954, $446 lower than the national median property tax bill of $2,400.

How are property taxes in Buncombe calculated?

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

Last Updated March 1, 2025

Black Mountain, Buncombe County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.84%

Estimate Property Tax Bill

$2,338

$2,169

Ownwell’s Black Mountain Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Black Mountain with just two data points.

By entering your property's estimated assessed value, our calculator applies Black Mountain’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 Buncombe.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Black Mountain, Buncombe County, North Carolina

Local government entities in North Carolina set property tax rates, which can vary widely within the state. This variation is due to each county's annual budgeting process. Each year, counties estimate their required budget to provide essential services and divide that amount by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. Although setting tax rates and budgets involves votes and legal processes, this is essentially how it works each year.

In Black Mountain, located in Buncombe County, the effective property tax rate is 0.79%. This rate is lower than the national median property tax rate of 1.02%, making it an attractive location for property owners. Compared to other cities in North Carolina, Black Mountain maintains a consistent tax rate, reflecting the county's approach to managing its budget and resources effectively. For homeowners, this means a potential for lower annual property tax bills compared to the national median of $2,400. Understanding these rates can help property owners make informed decisions about property investments and financial planning.

Property Tax Rates Across Black Mountain, Buncombe County, North Carolina

Source: Ownwell

0.62%

0.84%

1.05%

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 Black Mountain Tax Rate

0.84%

Median Effective Buncombe County Tax Rate

0.68%

Median Effective North Carolina Tax Rate

0.81%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Black Mountain, Buncombe County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
28711	0.62%	0.63%	0.84%	0.84%	0.90%

Source: Ownwell

Property Tax Assessment Values Across Black Mountain, Buncombe County, North Carolina

When examining property taxes in Black 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 Buncombe 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 Buncombe 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 Black Mountain.

For example, the median home price in Black Mountain is $271,800, with tax bills ranging significantly across the county. Zip code 28711 has the highest median home price at $271,800.

Property Tax Assessment Values Across Black Mountain, Buncombe County, North Carolina

Source: Ownwell

$65,700

$334,525

$603,350

Median Black Mountain Market Value

$278,300

Median Buncombe County Market Value

$271,900

Median North Carolina Market Value

$221,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Black Mountain, Buncombe County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
28711	$116,380	$193,900	$278,300	$389,250	$543,290

Source: Ownwell

Property Tax Bills Across Black Mountain, Buncombe County, North Carolina

In Black Mountain, located in Buncombe County, NC, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is often a percentage of the property's market value. Factors such as the property's size, location, and condition can influence this market value. Homeowners in Black Mountain typically experience property tax bills that range significantly, with the 25th percentile at $1,254 and the 75th percentile at $2,837. The median property tax bill in the area is $1,954, which is below the national median of $2,400, making it relatively affordable in comparison. For homeowners, these taxes are a significant expense, impacting their overall financial planning. Ownwell can assist homeowners in Black Mountain by providing expert property tax appeal services. By analyzing property assessments and identifying potential inaccuracies, Ownwell helps homeowners potentially reduce their tax bills, ensuring they are not overpaying. This service can lead to substantial savings, allowing homeowners to allocate their resources more effectively.

Property Tax Bills Across Black Mountain, Buncombe County, North Carolina

Source: Ownwell

$557

$2,201

$3,844

Median Black Mountain Tax Bill

$2,145

Median Buncombe County Tax Bill

$2,072

Median North Carolina Tax Bill

$1,813

Median United States Tax Bill

$2,400

Property Tax Bills Across Black Mountain, Buncombe County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
28711	$789	$1,385	$2,145	$3,098	$4,321

Source: Ownwell