Property Tax & Income in Transylvania County, North Carolina
Transylvania County has an effective property tax rate of 0.45%. On the median home value of $373,600, that's roughly $1,674 per year. Median household income is $66,184.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Transylvania County | North Carolina (state context) |
|---|---|---|
| Effective property tax rate1 | 0.45% | 0.64% |
| Median home value1 | $373,600 | — |
| State income tax3 | top rate 3.99% | top rate 3.99% |
| State sales tax3 | 7.10% combined | 7.10% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Transylvania County, NC
Property owners in Transylvania County, North Carolina, pay an effective rate of 0.448%, which sits well below the statewide median of 0.644% and the national median of 0.794%. That gap signals a comparatively gentle tax climate in this western part of the state. The county ranks 93rd out of 100 North Carolina counties by property tax rate, placing it near the bottom. A median home value of $373,600 yields a median annual real-estate tax bill of $1,674. Households here earn a median of $66,184, with per-capita income at $40,147. Brevard, the largest community among Balsam Grove, Brevard, and Cedar Mountain, anchors the county. What emerges is a place where property taxes take a smaller share of income than in many other parts of the country.