Buncombe County Property Taxes

Buncombe County, North Carolina

Effective Tax Rate

0.00%

50.9% above state avg

Median Annual Tax

$0

$180/mo escrow

#26 of 100 counties in North Carolina

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

0.60%

vs. North Carolina Avg50.9% above
vs. National Avg19.6% below

At a Glance

Median Home Value

$360,000

State avg $214,164

Tax w/ Mortgage/yr

$2,272

$189/mo escrow

Tax w/o Mortgage/yr

$1,969

$164/mo

State Tax Rate Rank

#26

of 100 counties (1 = lowest)

Data Story

About Property Taxes in Buncombe County, North Carolina

Buncombe's rate is below national median

Buncombe County's effective tax rate of 0.601% sits comfortably below the national median of 1.09%, putting it in the lower third of U.S. counties. The median property tax of $2,163 reflects Buncombe's higher home values rather than an aggressive tax rate.

Slightly below average for the state

Buncombe's 0.601% rate is about 14% lower than North Carolina's 0.701% state average, offering mountain residents a modest tax advantage. Among the state's 100 counties, Buncombe ranks in the lower-tax half.

Competitive with nearby mountain counties

Buncombe's 0.601% rate is lower than Burke County (0.699%) and Caldwell County (0.639%) in the surrounding region. The Asheville area's stronger real estate market is reflected in higher home values, though the tax rate remains reasonable.

Median home tax reaches $2,163 annually

With a median home value of $360,000 and a rate of 0.601%, Buncombe homeowners typically pay $2,163 in annual property tax. Those with mortgages can expect total escrow payments around $2,272.

Assessment accuracy varies across Buncombe

Even in a reasonably priced market, individual homes can be overassessed relative to comparable recent sales. Buncombe homeowners who suspect their assessed value is too high can file an appeal with the county assessor's office.

How Buncombe County Compares

Median Annual Property Tax

Buncombe County$2,163
North Carolina State Average$1,433
National Average$1,924

Buncombe County

0.60%

Effective rate

North Carolina Avg

0.67%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Buncombe County, North Carolina?
The effective property tax rate in Buncombe County, North Carolina is 0.60%. This rate is calculated by dividing the median property tax payment by the median home value in the county.
How much are property taxes in Buncombe County?
The median annual property tax payment in Buncombe County is $2,163. Homeowners with a mortgage pay a median of $2,272, while those without a mortgage pay $1,969.
How does Buncombe County compare to the North Carolina average?
Buncombe County's effective tax rate of 0.60% is lower than the North Carolina state average of 0.67%. The median annual property tax in Buncombe County is $2,163, compared to the state average of $1,433.
What is the median home value in Buncombe County, North Carolina?
The median home value in Buncombe County, North Carolina is $360,000, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Is Buncombe County a low property tax area in North Carolina?
Yes — Buncombe County's effective property tax rate of 0.60% is below the North Carolina average of 0.67%. The median annual property tax of $2,163 is also comparable to the state average of $1,433, making it a relatively affordable area for property taxes.
How does Buncombe County rank for property taxes in North Carolina?
Buncombe County ranks #26 out of 100 counties in North Carolina by effective property tax rate (1 = lowest). With a rate of 0.60% and median annual tax of $2,163, it falls in the lower third of counties statewide.

Counties with Similar Tax Rates

Nearby Counties

Other Counties in North Carolina

Data updated: March 2026

Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.