Ellenboro, Rutherford County, North Carolina Property Taxes
Median Ellenboro, NC effective property tax rate: 0.43%, significantly lower than the national median of 1.02%, but lower than the North Carolina state median of 0.82%.
Median Ellenboro, NC home value: $115,450
Median annual Ellenboro, NC tax bill: $468, $1,932 lower than the national median property tax bill of $2,400.
How are property taxes in Rutherford calculated?
Property taxes in Ellenboro, 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 Ellenboro’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Ellenboro, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Ellenboro, Rutherford County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.67%
Estimate Property Tax Bill
$775
$719
Property Tax Rates Across Ellenboro, Rutherford County, North Carolina
Local government entities set property tax rates, which can vary widely within a state. This variation is due to each county's annual budget estimation process, where they determine the necessary funds to provide services and divide this by the total assessed value of all taxable properties within their jurisdiction. The result is the property tax rate. Though votes and laws play a role in setting these rates and budgets, this is essentially how the process unfolds each year.
In Ellenboro, located in Rutherford County, property tax rates can be compared to other cities in North Carolina and the national average. Ellenboro's effective property tax rate is lower than the national median property tax rate of 1.02%. This indicates that property owners in Ellenboro may have a lighter tax burden compared to other regions across the United States. Understanding these differences is crucial for property owners and prospective buyers in Ellenboro, as it can impact overall property costs and affordability.
Property Tax Rates Across Ellenboro, Rutherford County, North Carolina
Source: Ownwell
0.57%
0.93%
1.28%
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 Ellenboro Tax Rate
0.67%
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 Rutherford County Tax Rate
0.68%
Median Effective North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Ellenboro, Rutherford County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28040 | 0.53% | 0.56% | 0.67% | 0.74% | 0.83% |
Source: Ownwell
Property Tax Assessment Values Across Ellenboro, Rutherford County, North Carolina
When examining property taxes in Ellenboro, 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 Rutherford 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 Rutherford 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 Ellenboro.
For example, the median home price in Ellenboro is $115,450, with tax bills ranging significantly across the county. Zip code 28040 has the highest median home price at $115,450.
Property Tax Assessment Values Across Ellenboro, Rutherford County, North Carolina
Source: Ownwell
$81,000
$185,500
$290,000
Median Ellenboro Market Value
$115,600
Median Rutherford County Market Value
$123,300
Median North Carolina Market Value
$221,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Ellenboro, Rutherford County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28040 | $33,440 | $70,900 | $115,600 | $151,500 | $199,220 |
Source: Ownwell
Property Tax Bills Across Ellenboro, Rutherford County, North Carolina
Property Tax Bills Across Ellenboro, Rutherford County, North Carolina
Source: Ownwell
$594
$1,319
$2,044
Median Ellenboro Tax Bill
$748
Median Rutherford County Tax Bill
$843
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$2,400
Property Tax Bills Across Ellenboro, Rutherford County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28040 | $291 | $466 | $748 | $981 | $1,242 |
Source: Ownwell