28114 Property Tax Rate

Property owners in ZIP code 28114 (Mooresboro, North Carolina) pay a median of $883/year in property taxes on homes valued at $132,400. This translates to an effective tax rate of 0.67%, which is 7% below the North Carolina state average of 0.71%.

The monthly property tax burden for a median-valued home in 28114 is approximately $74, which factors into escrow payments on mortgages. This ZIP code is located within Cleveland County. This is $708 less than the North Carolina average of $1,591/year.

Compared to similar ZIP codes in North Carolina, 28114 has lower property taxes. ZIP codes with similar effective rates include 28042 (0.67%) and 27017 (0.67%).

In Mooresboro, property taxes represent approximately 1.5% of the median household income of $60,439, providing context for the relative tax burden on homeowners in this area.

North Carolina revalues properties every four years at market value; your assessed value will reset to your purchase price on the next revaluation date. Cleveland County offers a Homestead Property Tax Exclusion reducing assessed value by $20,000–$25,000 depending on age and income — file the application with the Cleveland County Tax Assessor's office to qualify. Submit your homestead exemption claim to the Cleveland County Tax Assessor immediately after closing to ensure the exclusion applies to your first bill.