Property Taxes in Toast, North Carolina
Median Toast, North Carolina effective property tax rate: 0.71%, significantly lower than the national median of 1.02%, and lower than the North Carolina state median of 0.81%.
Median Toast, North Carolina home value: $73,950
Median annual Toast, North Carolina tax bill: $550, $1,850 lower than the national median property tax bill of $2,400.
How are property taxes in Surry calculated?
Property taxes in Toast, 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 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 April 13, 2026
How Does the Toast Property Tax Calculator Work?
Use this Toast property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Toast's median effective tax rate of 0.71% — based on actual property records in Surry 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 Toast'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 Toast: rates range from 0.71% in 27049 to 0.71% in 27049, 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 Toast.
About Toast Property Taxes
About Property Taxes in Toast, Surry, North Carolina
Toast’s median effective property tax rate of 0.71% is lower than the North Carolina state median of 0.81% and lower than the national median of 1.02%. This rate reflects the Surry 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 Toast. Homeowners in the 27049 ZIP code carry a median effective rate of 0.71%, while those in the lowest ZIP also pay 0.71%. This means there is no spread across the city, but your assessed value still plays a major role in what you owe.
Toast homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the May 4, 2026 deadline each year.
If your estimated bill 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 Toast, Surry 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 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.
Our median effective property tax rate (tax bill Ă· 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%
Our median effective property tax rate (tax bill Ă· 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 Surry County Tax Rate
0.69%
Median Effective North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.27%
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, 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 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.
Assessment notices:
In Surry County, assessment notices are sent in February each year. They’ll typically reach your mailbox by the middle of February.
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 understanding how assessed and market values are determined, property owners can better navigate their tax responsibilities in Toast.
For example, the median home price in Toast is $73,950, with tax bills ranging significantly across the county. 27049 has the highest median home price at $73,950.
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
$274,101
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
Toast property tax bills are based on the assessed value of a home and the local tax rate set for the area. The bill is calculated by applying that rate to the property’s assessed market value, so homes with higher values generally face higher taxes. In Toast, the median home price is $73,950, which helps explain why property tax bills here tend to stay below many national levels.
Homeowners in Toast should also know that tax bills can vary by location within the county. The median property tax bill is $550.00, and the 25th percentile and 75th percentile bills range from $351 to $705, with the 90th percentile reaching $976. That spread shows how differences in home value and assessment can affect what residents pay each year. Since property taxes are a recurring cost, even modest changes in assessed value can have a noticeable impact on household budgets.
Median Toast Tax Bill
$550
Median Surry County Tax Bill
$778
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$3,209
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
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 14 |
Links | |
|---|---|
| Surry Tax Assessor | |
| Website | gis.co.surry.nc.us |