Horse Shoe, Henderson County, North Carolina Property Taxes

Name: Property Tax Bills Across Horse Shoe, Henderson County, North Carolina
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Horse Shoe, NC effective property tax rate: 0.43%, significantly lower than the national median of 1.02%, but lower than the NC state median of 0.82%. Median Horse Shoe, NC home value: $340,300. Median annual Horse Shoe, NC tax bill: $1,430, $970 lower than the national median property tax bill of $2,400.

How are property taxes in Henderson calculated?

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

Last Updated March 1, 2025

Horse Shoe, Henderson County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.43%

Estimate Property Tax Bill

$1,463

$1,358

Ownwell’s Horse Shoe Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Horse Shoe with just two data points. By entering your property's estimated assessed value, our calculator applies Horse Shoe’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 Henderson County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Horse Shoe, Henderson County, North Carolina

Local government entities set tax rates, which can vary widely within a state. Each year, counties estimate the budget needed for essential services and divide this by the total value of all taxable property in their jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the core of the annual process. In Horse Shoe, located in Henderson County, North Carolina, the effective property tax rate stands at 0.43%. This rate is notably lower than the national median property tax rate of 1.02%. Compared to other cities in North Carolina, Horse Shoe's tax rate is among the lowest, indicating a more affordable property tax burden for homeowners in the area. The median property tax bill in Horse Shoe also reflects this lower rate, offering residents a financial advantage compared to the national median property tax bill of $2,400. This makes Horse Shoe an appealing location for property owners seeking lower property taxes.

Property Tax Rates Across Horse Shoe, Henderson County, North Carolina

Source: Ownwell

0.36%

0.46%

0.57%

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 Horse Shoe Tax Rate

0.43%

Median Effective Henderson County Tax Rate

0.44%

Median Effective North Carolina Tax Rate

0.82%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Horse Shoe, Henderson County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
28742	0.30%	0.40%	0.43%	0.47%	0.50%

Source: Ownwell

Property Tax Assessment Values Across Horse Shoe, Henderson County, North Carolina

When examining property taxes in Horse Shoe, 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 Henderson 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 Henderson County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Horse Shoe. For example, the median home price in Horse Shoe is $340,300, with tax bills ranging significantly across the county. Zip code 28742 has the highest median home price at $340,300.

Property Tax Assessment Values Across Horse Shoe, Henderson County, North Carolina

Source: Ownwell

$10,000

$189,000

$368,000

Median Horse Shoe Market Value

$340,300

Median Henderson County Market Value

$308,800

Median North Carolina Market Value

$197,136

Median United States Market Value

$235,294

Property Tax Assessment Values Across Horse Shoe, Henderson County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
28742	$142,500	$238,525	$340,300	$467,275	$674,820

Source: Ownwell

Property Tax Bills Across Horse Shoe, Henderson County, North Carolina

In Horse Shoe, located in Henderson County, NC, property tax bills are calculated based on the assessed value of a home. The local tax rate is applied to this assessed value to determine the tax bill. For homeowners in Horse Shoe, the median property tax bill is $1,430, which is notably lower than the national median of $2,400. This can be attributed to the area's relatively modest tax rate compared to the national median rate of 1.02%. Factors such as the home's market value and any applicable exemptions can influence the final tax amount. Homeowners in Horse Shoe may find themselves paying tax bills as low as $864 at the 25th percentile, while the 75th percentile sees bills around $2,030, and the 90th percentile reaches up to $2,837. Ownwell can assist homeowners by reviewing their property assessments and identifying potential savings through appeals or exemptions, ensuring they are not overpaying on their property taxes. This service can lead to significant savings and financial relief for homeowners.

Property Tax Bills Across Horse Shoe, Henderson County, North Carolina

Source: Ownwell

$57

$849

$1,641

Median Horse Shoe Tax Bill

$1,430

Median Henderson County Tax Bill

$1,336

Median North Carolina Tax Bill

$1,615

Median United States Tax Bill

$2,400

Property Tax Bills Across Horse Shoe, Henderson County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
28742	$504	$864	$1,430	$2,030	$2,837

Source: Ownwell