28110 Property Tax Rate

Property owners in ZIP code 28110 (Monroe, North Carolina) pay a median of $1,782/year in property taxes on homes valued at $302,600. This translates to an effective tax rate of 0.59%, which is 18% below the North Carolina state average of 0.71%.

The monthly property tax burden for a median-valued home in 28110 is approximately $149, which factors into escrow payments on mortgages. This ZIP code is located within Union County.

Compared to similar ZIP codes in North Carolina, 28110 has lower property taxes. ZIP codes with similar effective rates include 28037 (0.59%) and 28117 (0.59%).

In Monroe, property taxes represent approximately 2.2% of the median household income of $81,221, providing context for the relative tax burden on homeowners in this area.

North Carolina revalues property every four years at market value; your assessed value will reset to your purchase price at the next countywide revaluation. Union County offers a Homestead Property Tax Exclusion ($20,000–$25,000 depending on age 65+, disability status, or widow classification) — apply through the Union County Tax Assessor's office and verify income eligibility (typically $58,000–$60,000). File your homestead exemption with the Union County Tax Assessor immediately after closing to apply the exclusion to your first tax bill.