27107 Property Tax Rate

Property owners in ZIP code 27107 (Winston-Salem, North Carolina) pay a median of $1,461/year in property taxes on homes valued at $201,700. This translates to an effective tax rate of 0.72%, which is near the North Carolina state average of 0.71%.

The monthly property tax burden for a median-valued home in 27107 is approximately $122, which factors into escrow payments on mortgages. This ZIP code is located within Davidson County.

Compared to similar ZIP codes in North Carolina, 27107 has lower property taxes. ZIP codes with similar effective rates include 28478 (0.72%) and 28445 (0.72%).

In Winston-Salem, property taxes represent approximately 2.4% of the median household income of $59,897, providing context for the relative tax burden on homeowners in this area.

North Carolina reassesses property at market value upon sale — Davidson County will appraise your property at fair market value, setting a new assessed value base with no statewide cap on increase. Davidson County provides homestead exemptions and senior/veteran relief; file your exemption application with the Davidson County Tax Assessor within 30 days of closing to lower your assessed value and annual tax liability. Verify your exemption is recorded on your assessment notice and submit any required updates during future reassessments.