Topton, Swain County, North Carolina Property Taxes
Median Topton, NC effective property tax rate: 0.38%, significantly lower than the national median of 1.02%, but lower than the North Carolina state median of 0.82%. Median Topton, NC home value: $447,040. Median annual Topton, NC tax bill: $1,608, $792 lower than the national median property tax bill of $2,400.
How are property taxes in Swain calculated?
Property taxes in Topton, 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 Topton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Topton, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Topton, Swain County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.44%
Estimate Property Tax Bill
$1,868
$1,734
Property Tax Rates Across Topton, Swain County, North Carolina
Local government entities are responsible for setting property tax rates, which can differ significantly within a state. Each year, counties calculate their necessary budget to provide public services and divide this by the total value of all taxable properties in their area. This results in the property tax rate. Although the process involves votes and legislation, this is the basic annual procedure.
In Topton, Swain County, North Carolina, property tax rates are notably lower than the national average. The effective property tax rate here is 0.38%, which is significantly below the national median of 1.02%. This means that residents of Topton enjoy lower property tax bills compared to many other regions in the U.S., where the median property tax bill is $2,400. Such favorable tax rates can make Topton an attractive location for property owners looking to minimize their tax burden. Comparing these rates to other cities in North Carolina and across the U.S. highlights the advantage of owning property in this area.
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 Topton Tax Rate
0.44%
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 Swain County Tax Rate
0.49%
Median Effective North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Topton, Swain County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28781 | 0.41% | 0.43% | 0.44% | 0.49% | 0.53% |
Source: Ownwell
Property Tax Assessment Values Across Topton, Swain County, North Carolina
When examining property taxes in Topton, 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 Swain 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 Swain 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 Topton. For example, the median home price in Topton is $447,040, with tax bills ranging significantly across the county. The zip code 28781 has the highest median home price at $447,040.
Property Tax Assessment Values Across Topton, Swain County, North Carolina
Source: Ownwell
$120,930
$272,748
$424,565
Median Topton Market Value
$424,565
Median Swain County Market Value
$146,700
Median North Carolina Market Value
$221,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Topton, Swain County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28781 | $92,115 | $119,722 | $424,565 | $671,812 | $926,176 |
Source: Ownwell
Property Tax Bills Across Topton, Swain County, North Carolina
Median Topton Tax Bill
$1,854
Median Swain County Tax Bill
$738
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$2,400
Property Tax Bills Across Topton, Swain County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28781 | $491 | $582 | $1,854 | $2,869 | $3,912 |
Source: Ownwell