Transylvania County, North Carolina Property Taxes
Median Transylvania County effective property tax rate: 0.66%, significantly lower than the national median of 1.02%.
Median Transylvania County home value: $218,910
Median annual Transylvania County tax bill: $1,388, $1,012 lower than the national median property tax bill of $2,400.
How are property taxes in Transylvania County calculated?
Property taxes in Transylvania County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Brevard or another part of Transylvania County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Transylvania County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.66%
Estimate Property Tax Bill
$1,445
$1,341
Property Tax Rates Across Transylvania County, North Carolina
Local government entities determine tax rates, which can differ significantly across a state. Each year, counties assess their budgetary needs for services and divide this by the total assessed value of taxable property within their jurisdiction. This calculation determines the property tax rate. Although the process involves various votes and legal considerations, this is the simplified annual procedure.
You can compare Transylvania County's effective property tax rate to other counties in North Carolina or the U.S. median property tax rate. The median property tax rate in Transylvania County is 0.66%, which is notably lower than the national median property tax rate of 1.02%. This means that residents in Transylvania County generally pay less in property taxes compared to the national average. In fact, the highest and lowest median tax rates within the county, both at 0.66%, are found in Rosman and Brevard, respectively. Understanding these local tax rates can help property owners make informed decisions about their investments and financial planning.
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 Transylvania County Tax Rate
0.66%
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 North Carolina Tax Rate
0.82%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Transylvania County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Balsam Grove | 0.66% | 0.66% | 0.66% | 0.66% | 0.67% |
| Brevard | 0.60% | 0.60% | 0.66% | 0.66% | 0.66% |
| Cedar Mountain | 0.66% | 0.66% | 0.66% | 0.66% | 0.66% |
| Hendersonville | 0.66% | 0.66% | 0.66% | 0.66% | 0.66% |
| Horse Shoe | 0.66% | 0.66% | 0.66% | 0.66% | 0.67% |
| Lake Toxaway | 0.66% | 0.66% | 0.66% | 0.66% | 0.66% |
| Penrose | 0.66% | 0.66% | 0.66% | 0.66% | 0.66% |
| Pisgah Forest | 0.60% | 0.66% | 0.66% | 0.66% | 0.66% |
| Rosman | 0.66% | 0.66% | 0.66% | 0.66% | 1.12% |
| Sapphire | 0.66% | 0.66% | 0.66% | 0.66% | 0.66% |
Source: Ownwell
Property Tax Assessment Values Across Transylvania County, North Carolina
When examining property taxes in Transylvania County, 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 Transylvania 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.
Assessment notices:
In Transylvania 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 Transylvania County.
For example, the median tax bill in Transylvania County is $1,657, with tax bills ranging significantly across the county. Sapphire has the highest median home price at $254,670.
Property Tax Assessment Values Across Transylvania County, North Carolina
Source: Ownwell
$116,555
$185,613
$254,670
Median Transylvania County Market Value
$218,910
Median North Carolina Market Value
$197,136
Median United States Market Value
$235,294
Property Tax Assessment Values Across Transylvania County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Balsam Grove | $49,382 | $86,855 | $141,400 | $224,000 | $335,054 |
| Brevard | $98,497 | $156,280 | $237,950 | $349,212 | $499,118 |
| Cedar Mountain | $84,855 | $126,332 | $182,390 | $291,222 | $505,000 |
| Hendersonville | $98,034 | $147,790 | $197,360 | $276,410 | $391,150 |
| Horse Shoe | $25,665 | $81,775 | $116,555 | $161,002 | $243,330 |
| Lake Toxaway | $77,833 | $120,088 | $221,205 | $485,432 | $1,024,221 |
| Penrose | $70,912 | $118,590 | $171,830 | $267,560 | $353,738 |
| Pisgah Forest | $85,958 | $137,910 | $214,625 | $322,288 | $453,418 |
| Rosman | $46,642 | $90,640 | $147,170 | $229,660 | $364,368 |
| Sapphire | $58,098 | $111,625 | $254,670 | $452,672 | $625,215 |
Source: Ownwell
Property Tax Bills Across Transylvania County, North Carolina
Median Transylvania County Tax Bill
$1,388
Median North Carolina Tax Bill
$1,615
Median United States Tax Bill
$2,400
Property Tax Bills Across Transylvania County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Balsam Grove | $308 | $544 | $837 | $1,407 | $2,118 |
| Brevard | $568 | $962 | $1,494 | $2,204 | $3,179 |
| Cedar Mountain | $473 | $801 | $1,160 | $1,879 | $3,063 |
| Hendersonville | $554 | $835 | $1,299 | $1,820 | $2,526 |
| Horse Shoe | $193 | $390 | $767 | $1,058 | $1,514 |
| Lake Toxaway | $462 | $758 | $1,400 | $3,145 | $6,657 |
| Penrose | $391 | $752 | $1,077 | $1,742 | $2,319 |
| Pisgah Forest | $492 | $857 | $1,381 | $2,088 | $2,896 |
| Rosman | $316 | $586 | $986 | $1,630 | $2,406 |
| Sapphire | $361 | $712 | $1,657 | $2,938 | $4,075 |
Source: Ownwell