27011 Property Tax Rate

Property owners in ZIP code 27011 (Boonville, North Carolina) pay a median of $1,251/year in property taxes on homes valued at $161,100. This translates to an effective tax rate of 0.78%, which is 9% above the North Carolina state average of 0.71%.

The monthly property tax burden for a median-valued home in 27011 is approximately $104, which factors into escrow payments on mortgages. This ZIP code is located within Yadkin County. This is $340 less than the North Carolina average of $1,591/year.

Compared to similar ZIP codes in North Carolina, 27011 has higher property taxes. ZIP codes with similar effective rates include 28801 (0.78%) and 27573 (0.78%).

In Boonville, property taxes represent approximately 1.9% of the median household income of $66,861, providing context for the relative tax burden on homeowners in this area.

North Carolina reassesses property at market value upon sale — Yadkin County will reset your assessed value based on fair market appraisal with no cap on increases between reassessments. Yadkin County provides homestead exemptions and senior/veteran relief; file your application with the Yadkin County Tax Assessor within 30 days of closing to reduce your taxable assessed value and lower your annual tax bill. Note the effective date of your exemption and verify it appears on your first tax bill to ensure no overpayment.