Ennice, Alleghany County, North Carolina Property Taxes
Median Ennice, NC effective property tax rate: 0.73%, significantly lower than the national median of 1.02%, but lower than the NC state median of 0.82%.
Median Ennice, NC home value: $123,700
Median annual Ennice, NC tax bill: $862, $1,538 lower than the national median property tax bill of $2,400.
How are property taxes in Alleghany calculated?
Property taxes in Ennice, 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 Ennice’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Ennice, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Ennice, Alleghany County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.74%
Estimate Property Tax Bill
$926
$860
Property Tax Rates Across Ennice, Alleghany County, North Carolina
Local government entities determine property tax rates, leading to significant variations within a state. This variation occurs because each county needs to fund its budget for essential services. To do this, they calculate the total value of all taxable property in their area and divide it by the estimated budget, resulting in the property tax rate. Although this process involves votes and legal frameworks, this is the essence of how annual tax rates are set.
For example, Ennice in Alleghany County, NC, has an effective property tax rate of 0.73%. This rate is below the national median property tax rate of 1.02%. When you compare Ennice's rate to other areas in North Carolina, it stands out as both the highest and lowest median tax rate in the county, indicating uniformity in property tax rates within this region. This lower rate can be advantageous for property owners in Ennice, offering a more affordable tax bill compared to the national median property tax bill of $2400. Understanding these differences can help property owners make informed decisions about their investments and financial planning.
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 Ennice Tax Rate
0.74%
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 Alleghany County Tax Rate
0.70%
Median Effective North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Ennice, Alleghany County, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
28623 | 0.45% | 0.70% | 0.74% | 0.79% | 0.85% |
Source: Ownwell
Property Tax Assessment Values Across Ennice, Alleghany County, North Carolina
When examining property taxes in Ennice, 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 Alleghany 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 Alleghany 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 Ennice.
For example, the median home price in Ennice is $123,700, with tax bills ranging significantly across the county. Zip code 28623 has the highest median home price at $123,700.
Property Tax Assessment Values Across Ennice, Alleghany County, North Carolina
Source: Ownwell
$111,100
$166,000
$220,900
Median Ennice Market Value
$125,200
Median Alleghany County Market Value
$158,600
Median North Carolina Market Value
$221,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Ennice, Alleghany County, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
28623 | $52,100 | $78,200 | $125,200 | $207,950 | $344,560 |
Source: Ownwell
Property Tax Bills Across Ennice, Alleghany County, North Carolina
Median Ennice Tax Bill
$880
Median Alleghany County Tax Bill
$1,056
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$2,400
Property Tax Bills Across Ennice, Alleghany County, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
28623 | $403 | $587 | $880 | $1,343 | $2,029 |
Source: Ownwell