Yancey County, North Carolina Property Taxes
Census Bureau ACS property tax data for North Carolina. Population: 6,324.
The median annual property tax in Yancey County is $1,058, which is 26% lower than the North Carolina state average and 45% below the national average. The effective tax rate is 0.48% on a median home value of $222,300. Property taxes represent 1.9% of the median household income in this county.
Median Annual Tax
$1,058
-26% vs State
-45% vs US
Median Home Value
$222,300
+4% vs State
+5% vs US
Effective Tax Rate
0.48%
-31% vs State
-49% vs US
With vs Without Mortgage
With Mortgage
$1,192
$99/mo
Without Mortgage
$943
$79/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $1,058 -4.4% | 0.48% |
| 2022 | $1,107 +10.3% | 0.54% |
| 2021 | $1,004 -1.2% | 0.57% |
| 2020 | $1,016 +11.6% | 0.61% |
| 2019 | $910 | 0.58% |
Tax Burden
Tax-to-Income Ratio
1.9%
of median household income
Median Income
$54,961
per year
Monthly Tax
$88
per month
Other Counties in North Carolina
Chatham County
Tax: $2,671/yr Rate: 0.67%
Scotland County
Tax: $999/yr Rate: 0.91%
McDowell County
Tax: $871/yr Rate: 0.52%
Union County
Tax: $2,298/yr Rate: 0.61%
Forsyth County
Tax: $1,934/yr Rate: 0.85%
Cherokee County
Tax: $1,045/yr Rate: 0.50%
Frequently Asked Questions
What is the average property tax in Yancey County, North Carolina? ▼
The median annual property tax in Yancey County is $1,058 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.48% on a median home value of $222,300.
How does Yancey County property tax compare to the national average? ▼
Property taxes in Yancey County are 45% below the national average of $1,923. The effective rate of 0.48% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Yancey County? ▼
In Yancey County, homeowners with a mortgage pay a median of $1,192 in annual property taxes, while homeowners without a mortgage pay $943. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Yancey County? ▼
Property taxes in Yancey County represent approximately 1.9% of the median household income of $54,961. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.