Brasstown, Cherokee County, North Carolina Property Taxes
Median Brasstown, NC effective property tax rate: 0.68%, significantly lower than the national median of 1.02%, but lower than the North Carolina state median of 0.82%.
Median Brasstown, NC home value: $174,370
Median annual Brasstown, NC tax bill: $1,074, $1,326 lower than the national median property tax bill of $2,400.
How are property taxes in Cherokee calculated?
Property taxes in Brasstown, 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 Brasstown’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Brasstown, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Brasstown, Cherokee County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.69%
Estimate Property Tax Bill
$1,200
$1,114
Property Tax Rates Across Brasstown, Cherokee 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 annually to provide services and dividing 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 Brasstown, Cherokee County, North Carolina, the effective property tax rate is 0.68%, which is significantly lower than the national median of 1.02%. This rate is consistent across the region, with the highest and lowest median tax rates both at 0.68%. Compared to other cities in North Carolina and the U.S., Brasstown's property tax rate offers a more affordable option for homeowners. Lower property tax rates can make a significant difference in the overall cost of homeownership, providing a financial advantage for residents. This affordability can make Brasstown an attractive location for potential homeowners looking to save on property taxes while still enjoying the services funded by these taxes.
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 Brasstown Tax Rate
0.69%
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 Cherokee County Tax Rate
0.72%
Median Effective North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Brasstown, Cherokee County, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
28902 | 0.64% | 0.67% | 0.69% | 0.71% | 0.77% |
Source: Ownwell
Property Tax Assessment Values Across Brasstown, Cherokee County, North Carolina
When examining property taxes in Brasstown, 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 Cherokee 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 Cherokee 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 Brasstown. For example, the median home price in Brasstown is $174,370, with tax bills ranging significantly across the county. Zip code 28902 has the highest median home price at $174,370.
Property Tax Assessment Values Across Brasstown, Cherokee County, North Carolina
Source: Ownwell
$91,330
$132,640
$173,950
Median Brasstown Market Value
$173,950
Median Cherokee County Market Value
$129,235
Median North Carolina Market Value
$221,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Brasstown, Cherokee County, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
28902 | $46,025 | $99,585 | $173,950 | $267,580 | $386,232 |
Source: Ownwell
Property Tax Bills Across Brasstown, Cherokee County, North Carolina
In Brasstown, located in Cherokee County, NC, property tax bills are calculated based on the assessed value of the home. This assessed value is determined by the local tax assessor and is typically a percentage of the market value. Homeowners in Brasstown face a median property tax bill of $1,074, which is significantly below the national median of $2,400. Factors influencing the tax bill include the property's size, location, and any improvements made. The tax rate applied to the assessed value directly impacts the final bill, affecting homeowners' annual expenses.
For those in Brasstown, the 25th percentile tax bill is $487, while the 75th percentile reaches $1,729. The 90th percentile stands at $2,412, showcasing the range of tax burdens within the area. Ownwell can assist homeowners in Brasstown by providing expert property tax appeal services. By reviewing assessments and identifying discrepancies, Ownwell helps ensure homeowners are not overpaying. This can lead to substantial savings, making property ownership more affordable and manageable in the long run.
Median Brasstown Tax Bill
$1,169
Median Cherokee County Tax Bill
$914
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$2,400
Property Tax Bills Across Brasstown, Cherokee County, North Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
28902 | $307 | $664 | $1,169 | $1,802 | $2,594 |
Source: Ownwell