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North Carolina · County property tax · ACS 2024

Yancey County Property Taxes

The median homeowner in Yancey County pays $1,157 a year, an effective rate of 0.48%, well below the U.S. average.

$1,157
Median tax / yr · Below-median bill
0.48%
Effective rate · Low rate
-42%
vs U.S. average
#90 of 100
rank in NC

The verdict

Homeowners in Yancey County pay a median $1,157 a year in property tax, an effective rate of 0.48%, more affordable than 85% of U.S. counties (Census ACS 2024).

$1,157
Median annual tax bill, 2024
0.48%
Effective rate on median home
#459 of 3135
U.S. counties by tax burden
-42%
vs the national average bill

Effective rate is the median property tax bill divided by the median home value ($243,100). U.S. Census Bureau, ACS 5-Year Estimates · 2024.

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Census Bureau ACS property tax data for North Carolina. Population: 18,797. Owner-occupied homes: 6,457.

The median annual property tax in Yancey County is $1,157, which is 39% lower than the North Carolina state average and 42% below the national average. The effective tax rate is 0.48% on a median home value of $243,100. Property taxes represent 2.0% of the median household income in this county.

Yancey County's rate standing among U.S. counties

Primary signal

The effective rate sits near the national middle

Yancey County's 0.48% effective rate sits near the middle of 3,135 tracked counties (more affordable than 85%).

Decision signal 2

The bill sits well below the national median

Homeowners in Yancey County pay a median annual property tax of $1,157, well below the national median and well below the North Carolina state median. On a $243,100 median home, that works out to an effective rate of 0.48% once the local assessment base and millage are combined.

Decision signal 3

High among North Carolina counties by effective rate

Yancey County ranks #90 of 100 counties in North Carolina by effective rate (10% of in-state counties pay a lower rate).

Decision signal 4

Income carries a light tax share

Property taxes in Yancey County run a bit below the commonly cited 2%-4% national benchmark, at about 2.0% of the $58,709 median household income.

Informational notice

Figures describe the median homeowner household in Yancey County as reported to the Census Bureau; your parcel can differ. Not tax, legal, or financial advice: check the county assessor or a qualified professional before decisions that depend on these numbers.

The rate gave way faster than almost anywhere

Between the 2020 and 2024 releases the median home value in Yancey County rose 45.7%, from $166,900 to $243,100. The effective rate fell 21.8% over the same span, a steeper move than in 88% of U.S. counties.

The median bill still rose 13.9%, to $1,157. Where the rate drops this far and the bill rises anyway, what changed is the value the rate is applied to.

Effective rate is the published median bill divided by the published median home value, so the two multiply back to the bill exactly; the rate's movement here is derived from those two figures rather than read from the rounded published rate. Both are ACS 5-year survey estimates for the median owner-occupied household, compared across non-overlapping releases. They describe what the Census published, not a local policy, assessment, or exemption change.

Median Annual Tax
$1,157
Below-median bill
-39% vs State -42% vs US
Median Home Value
$243,100
-16% vs State +7% vs US
Effective Tax Rate
0.48%
Low rate
-27% vs State -48% vs US

How to read this county's bill

Bills rose across 2020-2024, from $1,016 to $1,157, a gain of 14%. This is a comparison of published ACS medians, not an explanation of a particular property's assessment or tax bill.

The fullest band here is the $800 to $1,499 range, holding 2,442 of 6,457 owner-occupied homes (37.8%). The band shows where the largest share of reported owner-occupied households falls; it is not an individual-bill estimate.

Household income sits in the second quarter nationally and the effective rate in the lowest, so the median bill takes 2.0% of median household income. Both figures point the same way, which is unusual enough that the ratio above is worth reading rather than assumed.

The share above is the median annual bill divided by median household income, a ratio of two county-level medians rather than a household-by-household figure.

What Yancey County Homeowners Actually Pay

The single largest group of Yancey County homeowners, 2,442 of 6,457 owner-occupied homes (37.8%), pays $800 to $1,499 a year. The median is one point in this spread, not a typical bill.

  • Less than $800 27.7% (1,791)
  • $800 to $1,499 37.8% (2,442)
  • $1,500 to $1,999 11.9% (771)
  • $2,000 to $2,999 14.3% (922)
  • $3,000 or more 4.7% (302)

Census ACS 2024, table B25102. Bands and the no-tax share sum to 100%.

229 homes here (3.5%) report no real estate tax at all. Exemptions are set by state: how North Carolina handles assessments and appeals.

With vs Without Mortgage

With Mortgage
$1,329
$111/mo
Without Mortgage
$984
$82/mo

Mortgaged homeowners in Yancey County pay a substantially higher bill, 35% more, pointing to a wide home-value gap between the two groups.

Yancey County's effective rate vs peers

Effective property tax rate (median tax ÷ median home value), ACS 2024.

Yancey County 0.48%
North Carolina average 0.66%
U.S. average 0.92%

Yancey County's effective rate is higher than 10% of the 100 counties in North Carolina - ranking #90 of 100.

Where Yancey County sits among every U.S. county

Effective property tax rate (median tax ÷ median home value)

0.48% Among the most affordable more affordable than 85% of 3,135 U.S. counties

Show national distribution This county 0.00% 4.00% every U.S. county, bucketed by value

Each bar is a band; taller bars hold more U.S. counties. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau, ACS 5-Year Estimates · 2024

Below North Carolina on both measures

Yancey County's effective rate runs 27% under the North Carolina median and its bill 39% under. Both sitting on the same side means the gap is not a valuation artefact: a county can post a low rate purely because its homes are expensive, but then the bill rises to meet the state. Here it does not, so the $1,157 median bill reflects a genuinely lighter charge than the North Carolina norm rather than a different denominator. Compare it against the state page before reading anything into the county rank.

Yancey County vs Benchmarks

Metric Yancey County North Carolina Avg U.S. Avg
Median Annual Tax Below-median bill $1,157 $1,896 $1,993
Effective Tax Rate Low rate 0.48% 0.66% 0.92%
Median Home Value $243,100 $288,900 $227,791
Tax as % of income Below-median income burden 2.0% - -

Source: U.S. Census Bureau, ACS 5-Year Estimates. Tax-burden differences across rows reflect millage decisions, assessment-ratio practices, and the residential-vs-commercial mix of each tax base.

Yancey County is QUIET · LIGHT on ACS medians, still verify your parcel card before quoting the county figure. Estimate appeal savings · North Carolina counties.

Yancey County rate trail · QUIET

$950$1,000$1,050$1,100$1,150$1,200 20202021202220232024 $1,157
Yancey County ACS median tax 2020–2024: +14% ($1,016 → $1,157).
Year Median Tax (vs prior release) Effective Rate
2024 $1,157 +9.4% 0.48%
2023 $1,058 -4.4% 0.48%
2022 $1,107 +10.3% 0.54%
2021 $1,004 -1.2% 0.57%
2020 $1,016 0.61%

Each row is a separate ACS 5-year release, and consecutive releases share four of their five survey years. The percentage beside each bill is therefore movement in the published estimate against the previous release, not a single year's tax change. The two releases largely describe the same households. For change over time, compare releases that do not overlap.

Yancey County: tax takes only 2.0% of income

Tax-to-Income Ratio
2.0%
of median household income
Median Income
$58,709
per year
Monthly Tax
$96
per month

Counties near Yancey County's effective rate

On effective rate, Yancey County sits nearest Santa Fe County (NM), Lea County (NM), Hidalgo County (NM).

On published median-tax change, the nearest matches are Boone County (AR), Gadsden County (FL), Bremer County (IA).

How peers are chosen

These are the nearest cross-state matches in the published Census data, not neighboring counties or recommendations. Peers are rebuilt with each data release; see the calculation method.

Yancey County: only 3% of returns show Schedule A real-estate tax

Tax year 2022: 220 of 8,110 returns from Yancey County reported real estate taxes, averaging $3,055 - 32% of those reporters sat in the $100-200k AGI band.

What this IRS county file does not say

Amounts are reported before the SALT cap, not deducted; the share is of filers, not homeowners. Source: IRS SOI county data, tax year 2022.

Other Counties in North Carolina

View all counties in North Carolina →

Yancey County rate FAQs

How does Yancey County property tax compare to the national average?
Property taxes in Yancey County run well below the national median of $1,993, an effective rate of 0.48% versus 0.92% nationally.
What is the average property tax in Yancey County, North Carolina?
The median annual property tax in Yancey County is $1,157, an effective rate of 0.48% on a $243,100 median home (Census ACS, 2024).
What is the tax affordability score for Yancey County?
Yancey County, North Carolina scores B- (65/100) on PlainPropertyTax's tax affordability composite across 5 Census ACS dimensions (effective rate, bill size, income share, mortgage gap, and home-value/income). Its strongest scored dimension here is rate relief at A (0.48%). The score compares published county medians to U.S. percentiles, it is not a personal bill and not advice to buy, sell, appeal, or relocate.
What percentage of income goes to property taxes in Yancey County?
Property taxes in Yancey County run a bit below the commonly cited 2%-4% national benchmark, at about 2.0% of the $58,709 median household income.
Are property taxes increasing in Yancey County?
The ACS median property-tax bill for Yancey County climbed 13.9% between the 2020 and 2024 5-year releases, from $1,016 to $1,157, a 4-year span. These are survey estimates covering five years each, so this compares the two releases furthest apart rather than consecutive ones, which overlap and would mostly measure the same households twice.

What to do with Yancey County's QUIET rate

Yancey County's $1,157 median bill sits well below the U.S. median - still size a parcel estimate; local millage and exemptions move the real bill. Estimate your bill →

Income burden is light here: about 2.0% of Yancey County's $58,709 median household income goes to the property-tax bill.

Nationwide peers by effective rate (then bill)

Rate-first peers for Yancey County's QUIET effective rate, then a disjoint out-of-state bill set so the two neighborhoods stay distinct.

Similar effective rate

Nearest out-of-state counties by ACS effective rate. This county: 0.48%.

Similar median bill

Nearest out-of-state counties by ACS median annual tax. This county: $1,157/yr. Rate peers are excluded so the two link sets stay distinct.

Read with Yancey County

Nearest ABS(median_tax) ACS peers for Yancey County (QUIET · LIGHT), replacing the old fixed Keep exploring strip.

QUIET LIGHT

Data vintage and method

Data as of 2024. 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.

Source: U.S. Census Bureau American Community Survey 5-Year Estimates, county median real-estate taxes · 2024 Yancey County (QUIET · LIGHT) - ACS medians, not a parcel bill.