Seven Devils, Avery County, North Carolina Property Taxes
Median SEVEN DEVILS, NC effective property tax rate: 0.40%, significantly lower than the national median of 1.02%, but lower than the NC state median of 0.82%.
Median SEVEN DEVILS, NC home value: $265,100
Median annual SEVEN DEVILS, NC tax bill: $1,089, $1,311 lower than the national median property tax bill of $2,400.
How are property taxes in Avery calculated?
Property taxes in SEVEN DEVILS, 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 SEVEN DEVILS’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in SEVEN DEVILS, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Seven Devils, Avery County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.4%
Estimate Property Tax Bill
$1,104
$1,024
Property Tax Rates Across Seven Devils, Avery County, North Carolina
Local government entities set tax rates, which can vary widely within a state. This variability stems from each county's annual estimation of the budget needed to provide services, which is then divided by the total value of all taxable property within its jurisdiction to determine the property tax rate. While voting and legislation play a role in setting tax rates and budgets, this is the basic annual process.
In Seven Devils, located in Avery County, the effective property tax rate stands out compared to other cities in North Carolina. With a median tax rate of 0.40%, it is significantly lower than the national median property tax rate of 1.02%. This lower rate can translate into substantial savings for property owners in Seven Devils compared to other regions in the state and across the country.
The relatively low property tax rate in Seven Devils can be an attractive feature for potential homeowners or investors looking to maximize their property investments. With property taxes being a significant ongoing expense for property owners, the favorable rates in Seven Devils highlight the town as a potentially cost-effective location for real estate investment.
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 Seven Devils Tax Rate
0.40%
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 Avery County Tax Rate
0.40%
Median Effective North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Seven Devils, Avery County, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
28604 | 0.40% | 0.40% | 0.40% | 0.40% | 0.42% |
Source: Ownwell
Property Tax Assessment Values Across Seven Devils, Avery County, North Carolina
When examining property taxes in Seven Devils, 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 Avery 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 Avery 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 Seven Devils. For example, the median home price in Seven Devils is $265,100, with tax bills ranging significantly across the county. Zip code 28604 has the highest median home price at $265,100.
Property Tax Assessment Values Across Seven Devils, Avery County, North Carolina
Source: Ownwell
$2,200
$375,325
$748,450
Median Seven Devils Market Value
$276,000
Median Avery County Market Value
$127,900
Median North Carolina Market Value
$221,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Seven Devils, Avery County, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
28604 | $28,000 | $167,800 | $276,000 | $379,600 | $484,040 |
Source: Ownwell
Property Tax Bills Across Seven Devils, Avery County, North Carolina
Median Seven Devils Tax Bill
$1,104
Median Avery County Tax Bill
$517
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$2,400
Property Tax Bills Across Seven Devils, Avery County, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
28604 | $112 | $669 | $1,104 | $1,528 | $1,991 |
Source: Ownwell