Property Tax in Buncombe County
via TaxByCounty
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.