27874 Property Tax Rate

Property owners in ZIP code 27874 (Scotland Neck, North Carolina) pay a median of $952/year in property taxes on homes valued at $79,500. This translates to an effective tax rate of 1.20%, which is 68% above the North Carolina state average of 0.71%.

The monthly property tax burden for a median-valued home in 27874 is approximately $79, which factors into escrow payments on mortgages. This ZIP code is located within Halifax County. This is $639 less than the North Carolina average of $1,591/year.

Compared to similar ZIP codes in North Carolina, 27874 has higher property taxes. ZIP codes with similar effective rates include 27846 (1.20%) and 28119 (1.19%).

In Scotland Neck, property taxes represent approximately 2.5% of the median household income of $37,500, providing context for the relative tax burden on homeowners in this area.

If you're considering purchasing a home in 27874, keep in mind that property taxes are based on the assessed value assigned by the local assessor, which may differ from the purchase price. In some states, properties are reassessed at or near the sale price upon transfer of ownership. For the most current tax information for a specific property, consult Halifax County's tax assessor directly.