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Lake Toxaway is located in Transylvania County, North Carolina. There are roughly 2,107 residents, living in 888 households. The average temperature for Lake Toxaway this time of the year is low of 50F and high of 75F. On average, Lake Toxaway gets about 6.85 inches of precipitation in May. Most residents are home owners (83%), have a post secondary degree (54%) and are married, no kids (40%).