27881 Property Tax Rate

Speed, North Carolina · Part of Edgecombe County

ACS 2019-2023 · Updated Dec 2024

Effective Tax Rate

0.98%

85.5% below state avg

Median Annual Tax

$230

$19/mo escrow

Estimate Your Tax

$
$50K$2M

Annual Tax

$230

Monthly

$19

Eff. Rate

0.98%

vs. North Carolina Avg85.5% below
vs. National Avg91.4% below

How ZIP 27881 Compares

Median Annual Property Tax

ZIP 27881$230
North Carolina Average$1,591
National Average$2,690

ZIP 27881

0.98%

Effective rate

North Carolina Avg

0.71%

Effective rate

National Avg

1.10%

Effective rate

State Ranking

Property Tax Rank in North Carolina

0.14%state avg 0.71%1.80%

Higher than 90% of ZIP codes in North Carolina(90th percentile, 754 ZIPs compared)

Property Tax Analysis

Property Tax Insights for ZIP 27881

Property owners in ZIP code 27881 (Speed, North Carolina) pay a median of $230/year in property taxes on homes valued at $23,500. This translates to an effective tax rate of 0.98%, which is 37% above the North Carolina state average of 0.71%.

The monthly property tax burden for a median-valued home in 27881 is approximately $19, which factors into escrow payments on mortgages. This ZIP code is located within Edgecombe County. This is $1,361 less than the North Carolina average of $1,591/year.

Compared to similar ZIP codes in North Carolina, 27881 has lower property taxes. ZIP codes with similar effective rates include 28352 (0.98%) and 28431 (0.98%).

If you're considering purchasing a home in 27881, 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 Edgecombe County's tax assessor directly.

Frequently Asked Questions

What is the property tax rate in ZIP code 27881?
The effective property tax rate in ZIP code 27881 (Speed, NC) is 0.98%. This rate is calculated by dividing the median annual property tax payment by the median home value within this ZIP Code Tabulation Area (ZCTA), based on U.S. Census Bureau data.
How much are property taxes in Speed, NC (27881)?
The median annual property tax payment in ZIP code 27881 is $230. This figure represents the typical amount paid by homeowners in this area. Actual taxes vary based on your assessed property value and any applicable exemptions.
How does ZIP 27881 compare to the North Carolina average?
ZIP code 27881's effective tax rate of 0.98% is higher than the North Carolina state average of 0.71%. The median annual property tax in this ZIP is $230, compared to the state average of $1,591.
What is the median home value in ZIP 27881?
The median home value in ZIP code 27881 (Speed, NC) is $23,500, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates at the ZCTA level.
What county is ZIP code 27881 in?
ZIP code 27881 is part of Edgecombe County in North Carolina. For broader county-level property tax data, including comparisons with other counties in North Carolina, visit the Edgecombe County profile on TaxByCounty.

Margin of Error

The median property tax estimate for this ZIP code has a margin of error of ±$73. ZCTA-level data has wider margins than county-level estimates due to smaller sample sizes.

County-Level Data

ZIP code 27881 is part of Edgecombe County, North Carolina. View the full county profile for broader context and more data.

View Edgecombe County on TaxByCounty →
By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

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.

Learn about our data sources and methodology →