Grassy Creek, Alleghany County, North Carolina Property Taxes
Property Taxes in Grassy Creek, North Carolina
Median Grassy Creek, North Carolina effective property tax rate: 0.71%, significantly lower than the national median of 1.02%, and lower than the North Carolina state median of 0.81%.
Median Grassy Creek, North Carolina home value: $173,150
Median annual Grassy Creek, North Carolina tax bill: $1,222, $1,178 lower than the national median property tax bill of $2,400.
How are property taxes in Alleghany calculated?
Property taxes in Grassy Creek, 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 Grassy Creek's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Grassy Creek, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Grassy Creek, Alleghany County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.71%
Estimate Property Tax Bill
$1,229
$1,141
How Does the Grassy Creek Property Tax Calculator Work?
Use this Grassy Creek property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Grassy Creek's median effective tax rate of 0.71% — based on actual property records in Alleghany 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 Grassy Creek'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 Grassy Creek: rates range from 1222.00 in 28631 to 1222.00 in 28631, 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 Grassy Creek.
About Grassy Creek Property Taxes
About Property Taxes in Grassy Creek, Alleghany, North Carolina
Grassy Creek’s median effective property tax rate of 0.71% is lower than the North Carolina state median of 0.81% and lower than the national median of 1.02%. This rate reflects the Alleghany 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 Grassy Creek. Homeowners in the 28631 ZIP code carry a median effective rate of 0.71%, while those in the same ZIP code also pay 0.71%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Alleghany County. Understanding which part of Grassy Creek you live in can make a meaningful difference to your annual tax bill.
Grassy Creek homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the May 4, 2026 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 Grassy Creek, Alleghany 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 Grassy Creek's effective property tax rate to other cities in North Carolina and the median property tax rates in North Carolina and the U.S.
Property Tax Rates Across Grassy Creek, Alleghany County, North Carolina
Source: Ownwell
0.68%
0.71%
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 Grassy Creek Tax Rate
0.71%
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 Grassy Creek, Alleghany County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28631 | 0.68% | 0.70% | 0.71% | 0.72% | 0.74% |
Source: Ownwell
Property Tax Assessment Values Across Grassy Creek, Alleghany County, North Carolina
When examining property taxes in Grassy Creek, 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 Alleghany 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 property owners by the middle of the month. Each notice includes both market value and assessed value, along with an estimate of your property tax bill.
For example, the median home price in Grassy Creek is $173,150, with a median tax bill of $1,222. That is below the national median property tax bill of $2,400 and reflects a median tax rate that can vary across Alleghany County. The highest median home price is in 28631 at $173,150.
Property Tax Assessment Values Across Grassy Creek, Alleghany County, North Carolina
Source: Ownwell
$111,100
$166,000
$220,900
Median Grassy Creek Market Value
$173,150
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 Grassy Creek, Alleghany County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28631 | $116,350 | $137,075 | $173,150 | $217,825 | $317,900 |
Source: Ownwell
Property Tax Bills Across Grassy Creek, Alleghany County, North Carolina
Property tax bills in Grassy Creek are calculated by applying the local property tax rate to a home’s assessed market value. The county assessor determines that value based on the property itself, including its size, condition, location, and any improvements, and the tax bill reflects that assessment rather than what a homeowner originally paid.
For a home with a median market value of $173,150, the property tax bill can vary widely depending on the assessed value and the local rate. In Grassy Creek, the median tax bill is $1,222, which is below the national median property tax bill of $2,400 and also below the national median property tax rate of 1.02%. Bills at the 25th percentile are $969, while the 75th percentile is $1,506 and the 90th percentile reaches $2,131.
For homeowners, this means property taxes can change when market values rise or when assessments are updated, making the tax bill an important part of ongoing housing costs.
Property Tax Bills Across Grassy Creek, Alleghany County, North Carolina
Source: Ownwell
$828
$1,149
$1,469
Median Grassy Creek Tax Bill
$1,222
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 Grassy Creek, Alleghany County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28631 | $848 | $969 | $1,222 | $1,506 | $2,131 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | May 4 |
Links | |
|---|---|
| Alleghany Tax Assessor | |
| Website | www.bttaxpayerportal.com |