Property Taxes in Fontana Dam, North Carolina
Median Fontana Dam, North Carolina effective property tax rate: 0.59%, significantly lower than the national median of 1.02%, and lower than the North Carolina state median of 0.81%.
Median Fontana Dam, North Carolina home value: $200,640
Median annual Fontana Dam, North Carolina tax bill: $1,068, $1,332 lower than the national median property tax bill of $2,400.
How are property taxes in Graham calculated?
Property taxes in Fontana Dam, North Carolina 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 Fontana Dam's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fontana Dam, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Fontana Dam Property Tax Calculator Work?
Use this Fontana Dam property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Fontana Dam's median effective tax rate of 0.59% — based on actual property records in Graham County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Fontana Dam's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Fontana Dam: rates range from 0.59% in 28733 to 0.59% in 28733, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Fontana Dam.
About Fontana Dam Property Taxes
About Property Taxes in Fontana Dam, Graham, North Carolina
Fontana Dam’s median effective property tax rate of 0.59% is lower than the North Carolina state median of 0.81% and lower than the national median of 1.02%. This rate reflects the Graham County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Fontana Dam. Homeowners in the 28733 ZIP code carry a median effective rate of 0.59%, while those in the same ZIP code pay 0.59%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Graham County. Understanding which part of Fontana Dam you live in can make a meaningful difference to your annual tax bill.
Fontana Dam homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the July 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Fontana Dam, Graham County, North Carolina
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Fontana Dam's effective property tax rate to other cities in North Carolina and the median property tax rates in North Carolina and the U.S.
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 Fontana Dam Tax Rate
0.59%
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 Graham County Tax Rate
0.59%
Median Effective North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Fontana Dam, Graham County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28733 | 0.31% | 0.59% | 0.59% | 0.59% | 0.59% |
Source: Ownwell
Property Tax Assessment Values Across Fontana Dam, Graham County, North Carolina
When examining property taxes in Fontana Dam, North Carolina, 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 Graham 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 Graham County are sent in the spring each year and typically reach your mailbox by the middle of the month. 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.
For example, the median home price in Fontana Dam is $200,640, with a median tax bill of $1,068. In the same area, tax bills range from $487 at the 25th percentile to $2,334 at the 90th percentile, and ZIP code 28733 has the highest median home price at $200,640.
Property Tax Assessment Values Across Fontana Dam, Graham County, North Carolina
Source: Ownwell
$121,740
$299,270
$476,800
Median Fontana Dam Market Value
$200,640
Median Graham County Market Value
$124,445
Median North Carolina Market Value
$221,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Fontana Dam, Graham County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28733 | $53,604 | $97,380 | $200,640 | $262,290 | $395,534 |
Source: Ownwell
Property Tax Bills Across Fontana Dam, Graham County, North Carolina
Property tax bills in Fontana Dam are based on the assessed value of a home and the local tax rate set for Graham County. When a property is reassessed, the county estimates its market value, then applies the tax rate to determine the annual bill. For homeowners, that means a higher assessed value can lead to a larger tax bill, while a lower assessed value can reduce what is owed.
The typical home value in Fontana Dam is $200,640, and the median property tax bill is $1,068. That is below the national median property tax bill of $2,400 and also below the national median property tax rate of 1.02%. Bills can still vary widely, though, with the 25th percentile at $487 and the 75th percentile at $1,548.
For many homeowners, property taxes are a major part of annual housing costs, so even small changes in assessed value can affect affordability.
Median Fontana Dam Tax Bill
$1,068
Median Graham County Tax Bill
$771
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$3,209
Property Tax Bills Across Fontana Dam, Graham County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28733 | $259 | $487 | $1,068 | $1,548 | $2,334 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | July 1 |
Links | |
|---|---|
| Graham Tax Assessor | |
| Website | bttaxpayerportal.com |