StateRates

Surry County, North Carolina property tax

The median homeowner in Surry County, North Carolina pays $1,033 a year in property tax on a home worth $166,400, an effective rate of 0.62%. The national effective rate is 0.98%.

Effective rate 0.62% #63 of 98 in North Carolina
Median tax bill $1,033 per year
Median home value $166,400 owner-occupied
Median income $56,095 household

What the rate means here

At 0.62%, Surry County taxes property more lightly than the national 0.98%. With a median home at $166,400, that produces a bill of $1,033. Somebody still funds the schools, so it is worth knowing what a low-tax county collects instead.

It ranks #63 of 98 North Carolina counties by effective rate, against a statewide 0.70%, and #2,017 nationally. The state runs from 1.21% in Northampton County down to 0.37% in Jackson County.

The median home costs 2.97 times the median household income of $56,095, against 3.86 nationally, which is a comfortable ratio by American standards. 73.33% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. With 71,407 residents, the sample behind these medians is small, and the survey's own margins of error are correspondingly wider.

The rate is derived rather than quoted. How and why.

What that costs at different home values

$250,000 home $1,550 per year at 0.62%
$400,000 home $2,480 per year at 0.62%
$600,000 home $3,720 per year at 0.62%

Arithmetic at the county effective rate, before any exemption or assessment cap.

Housing and income

Surry County, North Carolina against North Carolina and the country
Surry County North Carolina United States
Effective property tax 0.62% 0.70% 0.98%
Median tax bill $1,033 $1,815 $2,969
Median home value $166,400 $259,400 $303,400
Median gross rent $741 $1,162 $1,348
Median household income $56,095 $69,904 $78,538
Home price to income 2.97× 3.71× 3.86×
Rent as share of income 15.85% 19.95% 20.6%
Owner-occupied 73.33% 66.37% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 71,407.

Nearby counties of similar size

Other North Carolina counties
County Rate Median bill Home value
Franklin County 0.72% $1,732 $240,900
Carteret County 0.45% $1,369 $304,200
Wilkes County 0.62% $1,003 $161,400
Rutherford County 0.58% $1,053 $180,800
Lee County 0.80% $1,707 $213,800

Surry County property tax: common questions

What is the property tax rate in Surry County, North Carolina?

The effective rate is 0.62% of home value, from a median tax bill of $1,033 against a median home value of $166,400. That is 0.36 points below the national 0.98%.

How much is property tax on a $400,000 home in Surry County?

Roughly $2,480 a year at the county effective rate of 0.62%.

Is Surry County expensive compared with the rest of North Carolina?

It ranks #63 of 98 North Carolina counties by effective property tax rate, and #2017 of 2,826 nationally. That is 0.08 points below the North Carolina average of 0.70%.

What does housing cost in Surry County?

The median home is worth $166,400 and median gross rent is $741 a month. Median household income is $56,095, which puts the home at 2.97 times annual income and rent at 15.85% of it.