Property Taxes in Mars Hill, North Carolina
Median Mars Hill, North Carolina effective property tax rate: 0.49%, significantly lower than the national median of 1.02%, and lower than the North Carolina state median of 0.81%.
Median Mars Hill, North Carolina home value: $336,873
Median annual Mars Hill, North Carolina tax bill: $1,562, lower than the national median property tax bill of $2,400.
How are property taxes in Madison calculated?
Property taxes in Mars Hill, North Carolina 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 Mars Hill's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Mars Hill, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Mars Hill Property Tax Calculator Work?
Use this Mars Hill property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Mars Hill's median effective tax rate of 0.49% — based on actual property records in Madison County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Mars Hill's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Mars Hill: rates are 0.49% in 28754, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Mars Hill.
About Mars Hill Property Taxes
About Property Taxes in Mars Hill, Madison, NC
Mars Hill’s median effective property tax rate of 0.49% is lower than the North Carolina state median of 0.81% and lower than the national median of 1.02%. This rate reflects the Madison County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Mars Hill. Homeowners in the 28754 ZIP code carry a median effective rate of 0.49%, while those in the same ZIP code also pay 0.49%. This reflects how school district boundaries and local assessment districts are drawn across Madison County. Understanding which part of Mars Hill you live in can make a meaningful difference to your annual tax bill.
Mars Hill homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the November 22, 2024 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Mars Hill, Madison County, North Carolina
As noted earlier, 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 Mars Hill's effective property tax rate to other cities in North Carolina and the median property tax rates in North Carolina and the U.S.
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 Mars Hill Tax Rate
0.49%
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 Madison County Tax Rate
0.49%
Median Effective North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Mars Hill, Madison County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28754 | 0.39% | 0.45% | 0.49% | 0.53% | 0.60% |
Source: Ownwell
Property Tax Assessment Values Across Mars Hill, Madison County, North Carolina
When examining property taxes in Mars Hill, North Carolina, 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 Madison County tax office 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.
Assessment notices are sent in the spring each year and typically reach your mailbox by the middle of the month. Each property owner receives a notice that contains both the market value and assessed value, along with an estimate of your property tax bill.
For example, the median home price in Mars Hill is $336,873, and the median property tax bill is $1,562. In 28754, both the highest and lowest median tax bill are $1,562, showing how property taxes can vary across the county.
Property Tax Assessment Values Across Mars Hill, Madison County, North Carolina
Source: Ownwell
$223,230
$358,935
$494,639
Median Mars Hill Market Value
$336,873
Median Madison County Market Value
$306,765
Median North Carolina Market Value
$221,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Mars Hill, Madison County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28754 | $129,540 | $222,096 | $336,873 | $484,212 | $663,748 |
Source: Ownwell
Property Tax Bills Across Mars Hill, Madison County, North Carolina
Property tax bills in Mars Hill are based on the assessed value of a home and the local tax rate set by Madison County and other taxing authorities. The bill is calculated by multiplying the assessed value by the applicable rate, so homes with higher market values usually face higher taxes. Factors such as property characteristics, location, and local budget needs can all influence what a homeowner owes.
In Mars Hill, the median home price is $336,873, and the median property tax bill is $1,562, which is below the national median property tax bill of $2,400. For many homeowners, the amount due can vary widely: the 25th percentile tax bill is $1,043, while the 75th percentile is $2,231, and the 90th percentile reaches $3,082. These differences show how property taxes can affect household budgets, especially when assessed values rise faster than expected.
Property Tax Bills Across Mars Hill, Madison County, North Carolina
Source: Ownwell
$1,001
$1,672
$2,343
Median Mars Hill Tax Bill
$1,562
Median Madison County Tax Bill
$1,391
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$3,209
Property Tax Bills Across Mars Hill, Madison County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28754 | $673 | $1,043 | $1,562 | $2,231 | $3,082 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | November 22 |
Links | |
|---|---|
| Madison Tax Assessor | |
| Website | lrcpwa.ncptscloud.com |