28023 Property Tax Rate

Property owners in ZIP code 28023 (China Grove, North Carolina) pay a median of $1,367/year in property taxes on homes valued at $209,700. This translates to an effective tax rate of 0.65%, which is 9% below the North Carolina state average of 0.71%.

The monthly property tax burden for a median-valued home in 28023 is approximately $114, which factors into escrow payments on mortgages. This ZIP code is located within Rowan County. This is $224 less than the North Carolina average of $1,591/year.

Compared to similar ZIP codes in North Carolina, 28023 has higher property taxes. ZIP codes with similar effective rates include 28163 (0.65%) and 27539 (0.65%).

In China Grove, property taxes represent approximately 2.2% of the median household income of $62,064, providing context for the relative tax burden on homeowners in this area.

North Carolina reassesses property at market value upon sale — Rowan County will appraise your property at fair market value, setting a new assessed value base with no annual increase limits. Rowan County offers homestead, senior (65+), and veteran exemptions reducing assessed value; contact the Rowan County Tax Assessor to file your exemption claim within 30 days of purchase and lower your taxable base. Request a detailed assessment summary showing your exemption amount and confirm the exemption is active on your first property tax bill.