Grassy Creek, Ashe County, North Carolina Property Taxes
Median Grassy Creek, NC effective property tax rate: 0.51%, significantly lower than the national median of 1.02%, but lower than the North Carolina state median of 0.82%.
Median Grassy Creek, NC home value: $241,200
Median annual Grassy Creek, NC tax bill: $1,141, $1,259 lower than the national median property tax bill of $2,400.
How are property taxes in Ashe calculated?
Property taxes in Grassy Creek, 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 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 March 1, 2025
Grassy Creek, Ashe County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.51%
Estimate Property Tax Bill
$1,244
$1,154
Property Tax Rates Across Grassy Creek, Ashe County, North Carolina
Local government entities set tax rates, which can vary widely within a state. This variation is due to each county estimating its required budget to provide services and dividing that by the total value of all taxable property within its jurisdiction, resulting 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.
In Grassy Creek, located in Ashe County, North Carolina, the effective property tax rate is a reflection of this process. Comparing Grassy Creek's rate to other cities in North Carolina, it's clear that the variation can be significant. The median property tax rate in North Carolina is 0.51%, which is lower than the national median of 1.02%. This means that homeowners in Grassy Creek enjoy a relatively lower tax burden compared to many other regions across the country. Understanding these differences is crucial for property owners who are looking to manage their expenses effectively.
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
0.51%
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 Ashe County Tax Rate
0.48%
Median Effective North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Grassy Creek, Ashe County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28631 | 0.33% | 0.51% | 0.51% | 0.51% | 0.51% |
Source: Ownwell
Property Tax Assessment Values Across Grassy Creek, Ashe County, North Carolina
When examining property taxes in Grassy Creek, 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 Ashe 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 Ashe 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 Grassy Creek. For example, the median home price in Grassy Creek is $241,200, with tax bills ranging significantly across the county. Zip code 28631 has the highest median home price at $241,200.
Property Tax Assessment Values Across Grassy Creek, Ashe County, North Carolina
Source: Ownwell
$175,800
$272,800
$369,800
Median Grassy Creek Market Value
$243,900
Median Ashe County Market Value
$229,900
Median North Carolina Market Value
$221,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Grassy Creek, Ashe County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28631 | $60,900 | $141,700 | $243,900 | $382,000 | $551,440 |
Source: Ownwell
Property Tax Bills Across Grassy Creek, Ashe County, North Carolina
In Grassy Creek, located in Ashe County, NC, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the county assessor, reflecting the property's market value. Homeowners in Grassy Creek typically face a median property tax bill of $1,141, which is significantly lower than the national median of $2,400. Factors influencing the tax bill include the home's assessed value and the local tax rate. While the 25th percentile tax bill is $608, the 75th percentile reaches $1,746, and the 90th percentile is $2,573, indicating variability based on property values and local rates.
Ownwell offers valuable assistance by helping homeowners navigate the property tax appeal process, potentially reducing their tax bills. Our experienced team can identify discrepancies in assessments and ensure that homeowners are not overpaying. By leveraging our expertise, homeowners in Grassy Creek can achieve significant savings, ensuring they pay only their fair share in property taxes.
Median Grassy Creek Tax Bill
$1,161
Median Ashe County Tax Bill
$1,119
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$2,400
Property Tax Bills Across Grassy Creek, Ashe County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28631 | $248 | $626 | $1,161 | $1,798 | $2,582 |
Source: Ownwell