27807 Property Tax Rate

Property owners in ZIP code 27807 (Bailey, North Carolina) pay a median of $983/year in property taxes on homes valued at $142,900. This translates to an effective tax rate of 0.69%, which is 4% below the North Carolina state average of 0.71%.

The monthly property tax burden for a median-valued home in 27807 is approximately $82, which factors into escrow payments on mortgages. This ZIP code is located within Nash County. This is $608 less than the North Carolina average of $1,591/year.

Compared to similar ZIP codes in North Carolina, 27807 has lower property taxes. ZIP codes with similar effective rates include 28443 (0.69%) and 27545 (0.69%).

In Bailey, property taxes represent approximately 1.5% of the median household income of $67,563, providing context for the relative tax burden on homeowners in this area.

North Carolina revalues properties countywide every four years at fair market value, so your purchase does not automatically reset your tax base — Nash County's next revaluation will reflect your property's updated market value. Nash County provides a $25,000 Homestead Property Tax Exclusion for owner-occupied primary residences — submit your exemption application to the Nash County Tax Assessor within 30 days of closing to reduce your assessed value. Contact the Nash County Tax Assessor to file your homestead exemption claim and confirm the $25,000 exclusion is recorded on your property card.