27516 Property Tax Rate
Chapel Hill, North Carolina · Part of Orange County
Effective Tax Rate
0.91%
191.2% above state avgMedian Annual Tax
$4,633
$386/mo escrow
Estimate Your Tax
Annual Tax
$4,633
Monthly
$386
Eff. Rate
0.91%
Buyer decision brief
What ZIP 27516 means for your housing budget
Use this ZIP page to compare recurring tax burden before you compare listing prices. The numbers below are Census ZCTA estimates, so they are strongest for neighborhood comparison and weakest for parcel-specific tax planning.
Monthly escrow signal
$386/mo
Based on median annual tax paid
State context
0.20 percentage points above the North Carolina average
North Carolina average: 0.71%
Data confidence
High confidenceThe Census margin of error is $307, about 7% of the median tax estimate.
Verify before you offer
- Confirm parcel assessed value with Orange County assessor.
- Check homestead, senior, veteran, and disability exemptions.
- Ask whether purchase triggers reassessment or value-cap reset.
- Review school district and special assessment boundaries.
Lower-rate similar ZIPs
This is informational content, not tax, legal, or mortgage advice. Local assessor records remain the source of truth for a specific property.
Data confidence ledger
Can you trust ZIP 27516 for comparison?
ACS vintage
2019-2023 ACS 5-Year Estimates
Five-year Census ZCTA estimates.
ZCTA caveat
Census area, not parcel boundary
USPS ZIP routes and taxing districts can differ inside the same area.
Field completeness
3/3 required fields
Median tax, home value, and derived rate are present.
MOE status
Strong ACS confidence
$307 tax MOE, 7% of the median tax estimate.
Last site refresh
March 10, 2026
Dataset and page-quality audit run locally before publication.
County fallback
County advisory available
Orange County is used for assessor verification and broader context.
Tax bill anatomy
What can change your actual bill in ZIP 27516
Use the ZIP estimate to compare neighborhoods, then verify these parcel-level inputs before relying on a payment estimate.
Assessed value
The ZCTA median home value is $508,400, but your bill starts with the local assessed value for a specific parcel.
Effective rate
The displayed rate is 0.91%, derived from median tax paid divided by median home value.
Exemptions
Homestead, senior, veteran, disability, and local exemptions can reduce taxable value. Confirm eligibility before estimating escrow.
Reassessment
A purchase can change assessed value depending on North Carolina and county rules. Ask how sale price affects the next assessment cycle.
Escrow impact
The median tax paid in this ZCTA equals about $386 per month before insurance, HOA dues, or special assessments.
Assessor verification
Orange County assessor or tax collector records are the source of truth for parcel taxes, appeal windows, and exemptions.
How ZIP 27516 Compares
Median Annual Property Tax
ZIP 27516
0.91%
Effective rate
North Carolina Avg
0.71%
Effective rate
National Avg
1.10%
Effective rate
State Ranking
Property Tax Rank in North Carolina
Higher than 85% of ZIP codes in North Carolina(85th percentile, 754 ZIPs compared)
Property Tax Analysis
Property Tax Insights for ZIP 27516
Property owners in ZIP code 27516 (Chapel Hill, North Carolina) pay a median of $4,633/year in property taxes on homes valued at $508,400. This translates to an effective tax rate of 0.91%, which is 28% above the North Carolina state average of 0.71%.
The monthly property tax burden for a median-valued home in 27516 is approximately $386, which factors into escrow payments on mortgages. This ZIP code is located within Orange County. This is $3,042 more than the North Carolina average of $1,591/year.
Compared to similar ZIP codes in North Carolina, 27516 has lower property taxes. ZIP codes with similar effective rates include 27106 (0.91%) and 27705 (0.91%).
In Chapel Hill, property taxes represent approximately 4.6% of the median household income of $100,788, providing context for the relative tax burden on homeowners in this area.
North Carolina reassesses all properties countywide every four years at fair market value; your purchase price does not immediately change your tax assessment, but will be reflected in the next scheduled revaluation (2025 for Orange County). Orange County provides a $25,000 Homestead Property Tax Exclusion for primary residences — apply with the Orange County Tax Assessor after closing to reduce your taxable value. File your homestead exemption immediately with the Orange County Tax Assessor and request a confirmation letter stating the exclusion amount for your records.
Frequently Asked Questions
What is the property tax rate in ZIP code 27516?
How much are property taxes in Chapel Hill, NC (27516)?
How does ZIP 27516 compare to the North Carolina average?
What is the median home value in ZIP 27516?
What county is ZIP code 27516 in?
Margin of Error
The median property tax estimate for this ZIP code has a margin of error of ±$307. ZCTA-level data has wider margins than county-level estimates due to smaller sample sizes.
County-Level Data
ZIP code 27516 is part of Orange County, North Carolina. View the full county profile for broader context and more data.
View Orange County on TaxByCounty →Explore Chapel Hill, NC
View all 3 ZIP codes in Chapel Hill with property tax comparisons.
View Chapel Hill Property Tax Rates →Why compare these ZIPs?
Better comparison set for ZIP 27516
Each ZIP highlights a homebuyer tradeoff: lower rate, stronger value context, shared county rules, city boundary changes, or nearby missing data.
27517
Chapel Hill, NC
0.05 percentage points lower than ZIP 27516.
Rate
0.87%
Tax
$4,948
Quality
89
27243
Efland, NC
0.13 percentage points lower than ZIP 27516.
Rate
0.78%
Tax
$2,060
Quality
84
27278
Hillsborough, NC
0.10 percentage points lower than ZIP 27516.
Rate
0.81%
Tax
$3,091
Quality
89
27231
Cedar Grove, NC
0.03 percentage points lower than ZIP 27516.
Rate
0.88%
Tax
$1,908
Quality
89
28207
Charlotte, NC
0.17 percentage points lower than ZIP 27516.
Rate
0.74%
Tax
$10,001
Quality
82
28480
Wrightsville Beach, NC
0.44 percentage points lower than ZIP 27516.
Rate
0.47%
Tax
$4,974
Quality
77
27608
Raleigh, NC
0.15 percentage points lower than ZIP 27516.
Rate
0.76%
Tax
$6,949
Quality
94
28774
Sapphire, NC
0.49 percentage points lower than ZIP 27516.
Rate
0.42%
Tax
$3,022
Quality
77
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.
Estimates are informational only and should not be used as financial or legal advice.