27104 Property Tax Rate

Property owners in ZIP code 27104 (Winston-Salem, North Carolina) pay a median of $3,120/year in property taxes on homes valued at $329,300. This translates to an effective tax rate of 0.95%, which is 33% above the North Carolina state average of 0.71%.

The monthly property tax burden for a median-valued home in 27104 is approximately $260, which factors into escrow payments on mortgages. This ZIP code is located within Forsyth County. This is $1,529 more than the North Carolina average of $1,591/year.

Compared to similar ZIP codes in North Carolina, 27104 has lower property taxes. ZIP codes with similar effective rates include 28054 (0.95%) and 27282 (0.94%).

In Winston-Salem, property taxes represent approximately 4.0% of the median household income of $77,056, providing context for the relative tax burden on homeowners in this area.

North Carolina reassesses property at market value upon sale — your property will be appraised at fair market value by the Forsyth County Tax Assessor, potentially yielding a higher assessed value than the prior owner's. Forsyth County offers senior (65+) and disabled veteran exemptions reducing assessed value; contact the Forsyth County Tax Assessor immediately after purchase to determine eligibility and submit your exemption application. Submit your application before the next countywide revaluation to avoid paying full assessed value during the interim period.