Black Mountain, Mcdowell County, North Carolina Property Taxes

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

Median Black Mountain, NC effective property tax rate: 0.68%, 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: $637,775. Median annual Black Mountain, NC tax bill: $4,192, $1,792 higher than the national median property tax bill of $2,400.

How are property taxes in McDowell County 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, Mcdowell County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.68%

Estimate Property Tax Bill

$4,337

$4,024

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

Property Tax Rates Across Black Mountain, Mcdowell 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 Black 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. Black Mountain, located in McDowell County, reflects the state's overall trend with its property tax rates. The median property tax rate here is significantly lower than the national median, making it an attractive location for property owners. With a property tax rate that aligns with the state's median, Black Mountain offers residents a cost-effective living environment without compromising on the quality of services provided. This balance of affordability and service quality is a key factor for residents considering property investments in this region.

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

Source: Ownwell

0.66%

0.67%

0.69%

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

0.68%

Median Effective Mcdowell County Tax Rate

0.68%

Median Effective North Carolina Tax Rate

0.82%

Median Effective United States Tax Rate

1.02%

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

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
28711	0.65%	0.65%	0.68%	0.68%	0.68%

Source: Ownwell

Property Tax Assessment Values Across Black Mountain, Mcdowell 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 McDowell 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 McDowell 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 $637,775, with tax bills ranging significantly across the county. Zip code 28711 has the highest median home price at $637,775.

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

Source: Ownwell

$104,560

$371,168

$637,775

Median Black Mountain Market Value

$637,775

Median Mcdowell County Market Value

$111,420

Median North Carolina Market Value

$197,136

Median United States Market Value

$235,294

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

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
28711	$186,299	$373,832	$637,775	$976,145	$1,148,271

Source: Ownwell

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

In Black Mountain, property tax bills are calculated based on the assessed value of the property, which is determined by the McDowell County assessor. This value is used alongside the local tax rate to calculate the annual property tax bill. Homeowners in Black Mountain face a median property tax bill of $4,192, which is notably higher than the national median of $2,400. This can significantly affect homeowners' budgets, as property taxes are a substantial part of annual expenses. Factors such as changes in the local tax rate, property improvements, and shifts in the real estate market can influence the assessed value, and consequently, the tax bill.

Ownwell assists homeowners by offering property tax appeal services, potentially lowering their tax bills. By analyzing property assessments and market conditions, Ownwell identifies discrepancies and advocates for fair valuations. This service can lead to significant savings, providing relief for homeowners burdened by high property taxes. With Ownwell's expertise, homeowners can navigate the complexities of property tax appeals with confidence.

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

Source: Ownwell

$676

$2,434

$4,192

Median Black Mountain Tax Bill

$4,192

Median Mcdowell County Tax Bill

$723

Median North Carolina Tax Bill

$1,615

Median United States Tax Bill

$2,400

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

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
28711	$1,203	$2,412	$4,192	$6,606	$7,791

Source: Ownwell