Toast, Surry County, North Carolina Property Taxes

Name: Property Tax Bills Across Toast, Surry County, North Carolina
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median TOAST, NC effective property tax rate: 0.55%, significantly lower than the national median of 1.02%, but lower than the North Carolina state median of 0.82%.
Median TOAST, NC home value: $79,385
Median annual TOAST, NC tax bill: $393, $2,007 lower than the national median property tax bill of $2,400.

How are property taxes in Surry calculated?

Property taxes in TOAST, 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 TOAST’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in TOAST, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Toast, Surry County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.71%

Estimate Property Tax Bill

$525

$487

Ownwell’s TOAST Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in TOAST with just two data points. By entering your property's estimated assessed value, our calculator applies TOAST’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Surry County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Toast, Surry County, North Carolina

Local government entities determine property tax rates, which can differ significantly within a state. Why? Each year, counties calculate their necessary budget to deliver services and divide this by the total value of all taxable property within their boundaries. This calculation establishes the property tax rate. Although there are votes and laws involved in setting these rates and budgets, this is essentially the annual process.

Below, you can compare TOAST’s effective property tax rate to other cities in North Carolina and the median property tax rates in North Carolina and the U.S.

Property Tax Rates Across Toast, Surry County, North Carolina

Source: Ownwell

0.63%

0.69%

0.74%

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 Toast Tax Rate

0.71%

Median Effective Surry County Tax Rate

0.69%

Median Effective North Carolina Tax Rate

0.81%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Toast, Surry County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
27049	0.68%	0.70%	0.71%	0.75%	0.79%

Source: Ownwell

Property Tax Assessment Values Across Toast, Surry County, North Carolina

When examining property taxes in TOAST, 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 Surry 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 Surry 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 TOAST. For example, the median home price in TOAST is $79,385, with tax bills ranging significantly across the county. 27049 has the highest median home price at $79,385.

Property Tax Assessment Values Across Toast, Surry County, North Carolina

Source: Ownwell

$73,950

$120,985

$168,020

Median Toast Market Value

$73,950

Median Surry County Market Value

$116,885

Median North Carolina Market Value

$221,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Toast, Surry County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
27049	$39,478	$46,690	$73,950	$103,250	$143,042

Source: Ownwell

Property Tax Bills Across Toast, Surry County, North Carolina

In TOAST, located in Surry County, NC, property tax bills are calculated by applying the local tax rate to the assessed value of a property. The assessed value is determined by the county and is a percentage of the property's market value. Homeowners in TOAST experience property tax bills that vary, with the 25th percentile at $267 and the 75th percentile reaching $544. The highest median tax bill in the area is $393, which is below the national median property tax bill of $2400. This discrepancy highlights the relatively lower tax burden for homeowners in this region compared to the national average. However, these taxes still impact homeowners' budgets significantly. Ownwell can assist by providing expert property tax appeal and exemption services. By reviewing property assessments and identifying potential inaccuracies, Ownwell helps homeowners reduce their tax liabilities. This service ensures that homeowners in TOAST are not overpaying on their property taxes, ultimately leading to substantial savings.

Property Tax Bills Across Toast, Surry County, North Carolina

Source: Ownwell

$550

$793

$1,035

Median Toast Tax Bill

$550

Median Surry County Tax Bill

$778

Median North Carolina Tax Bill

$1,813

Median United States Tax Bill

$2,400

Property Tax Bills Across Toast, Surry County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
27049	$310	$351	$550	$705	$976

Source: Ownwell