Hendersonville, Polk County, North Carolina Property Taxes
Median Hendersonville, NC effective property tax rate: 0.63%, significantly lower than the national median of 1.02%, but lower than the North Carolina state median of 0.82%. Median Hendersonville, NC home value: $188,186. Median annual Hendersonville, NC tax bill: $1,183, $1,217 lower than the national median property tax bill of $2,400.
How are property taxes in Polk calculated?
Property taxes in Hendersonville, 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 Hendersonville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hendersonville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Hendersonville, Polk County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.63%
Estimate Property Tax Bill
$1,186
$1,100
Property Tax Rates Across Hendersonville, Polk 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 votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.
In Hendersonville, located in Polk County, NC, the effective property tax rate stands at 0.63%, aligning with the highest and lowest median tax rates within the zip code 28792. This rate is significantly lower than the national median property tax rate of 1.02%. For residents, this translates to a more affordable property tax bill compared to the national median of $2,400.
The lower property tax rate in Hendersonville may appeal to homeowners looking for a cost-effective place to live without compromising on essential services. Comparing Hendersonville’s effective property tax rate to other cities in North Carolina and the median rates in the state and the U.S. highlights its advantageous position for property owners.
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 Hendersonville Tax Rate
0.63%
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 Polk County Tax Rate
0.64%
Median Effective North Carolina Tax Rate
0.82%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Hendersonville, Polk County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28792 | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
Source: Ownwell
Property Tax Assessment Values Across Hendersonville, Polk County, North Carolina
When examining property taxes in Hendersonville, 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 Polk 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 Polk County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of the season. 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 Hendersonville. For example, the median home price in Hendersonville is $188,186, with tax bills ranging significantly across the county. Zip code 28792 has the highest median home price at $188,186.
Property Tax Assessment Values Across Hendersonville, Polk County, North Carolina
Source: Ownwell
$182,271
$209,818
$237,364
Median Hendersonville Market Value
$188,186
Median Polk County Market Value
$228,216
Median North Carolina Market Value
$197,136
Median United States Market Value
$235,294
Property Tax Assessment Values Across Hendersonville, Polk County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28792 | $89,611 | $125,862 | $188,186 | $334,148 | $547,554 |
Source: Ownwell
Property Tax Bills Across Hendersonville, Polk County, North Carolina
Property Tax Bills Across Hendersonville, Polk County, North Carolina
Source: Ownwell
$1,183
$1,470
$1,756
Median Hendersonville Tax Bill
$1,183
Median Polk County Tax Bill
$1,542
Median North Carolina Tax Bill
$1,615
Median United States Tax Bill
$2,400
Property Tax Bills Across Hendersonville, Polk County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28792 | $563 | $791 | $1,183 | $2,101 | $3,443 |
Source: Ownwell