27596 Property Tax Rate

Property owners in ZIP code 27596 (Youngsville, North Carolina) pay a median of $2,259/year in property taxes on homes valued at $343,200. This translates to an effective tax rate of 0.66%, which is 8% below the North Carolina state average of 0.71%.

The monthly property tax burden for a median-valued home in 27596 is approximately $188, which factors into escrow payments on mortgages. This ZIP code is located within Franklin County. This is $668 more than the North Carolina average of $1,591/year.

Compared to similar ZIP codes in North Carolina, 27596 has lower property taxes. ZIP codes with similar effective rates include 28425 (0.66%) and 27312 (0.66%).

In Youngsville, property taxes represent approximately 2.5% of the median household income of $90,189, providing context for the relative tax burden on homeowners in this area.

North Carolina revalues properties countywide every four years using fair market value assessments, not at individual sales — Franklin County's next revaluation will update your home's assessed value. Franklin County provides a $25,000 Homestead Property Tax Exclusion for owner-occupied residences — apply with the Franklin County Tax Assessor within 30 days of closing to reduce your assessed value. File your homestead exemption at the Franklin County Tax Assessor's office and request confirmation that the $25,000 exclusion has been properly applied to your account.