28025 Property Tax Rate

Property owners in ZIP code 28025 (Concord, North Carolina) pay a median of $1,963/year in property taxes on homes valued at $264,100. This translates to an effective tax rate of 0.74%, which is 4% above the North Carolina state average of 0.71%.

The monthly property tax burden for a median-valued home in 28025 is approximately $164, which factors into escrow payments on mortgages. This ZIP code is located within Cabarrus County. This is $372 more than the North Carolina average of $1,591/year.

Compared to similar ZIP codes in North Carolina, 28025 has higher property taxes. ZIP codes with similar effective rates include 27856 (0.74%) and 27518 (0.74%).

In Concord, property taxes represent approximately 2.5% of the median household income of $79,271, providing context for the relative tax burden on homeowners in this area.

North Carolina revalues property every four years at market value; your home will be reassessed to the purchase price during the next revaluation cycle. Cabarrus County offers a Homestead Property Tax Exclusion ($20,000–$25,000 off assessed value depending on age and disability status) — apply through the Cabarrus County Tax Assessor's office and confirm income and occupancy requirements. File your homestead exemption application with the Cabarrus County Tax Assessor before your first tax bill to maximize your benefit.