28115 Property Tax Rate

Property owners in ZIP code 28115 (Mooresville, North Carolina) pay a median of $2,550/year in property taxes on homes valued at $330,500. This translates to an effective tax rate of 0.77%, which is 8% above the North Carolina state average of 0.71%.

The monthly property tax burden for a median-valued home in 28115 is approximately $213, which factors into escrow payments on mortgages. This ZIP code is located within Iredell County. This is $959 more than the North Carolina average of $1,591/year.

Compared to similar ZIP codes in North Carolina, 28115 has lower property taxes. ZIP codes with similar effective rates include 28204 (0.77%) and 28447 (0.77%).

In Mooresville, property taxes represent approximately 2.9% of the median household income of $86,724, 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. Iredell County offers a Homestead Property Tax Exclusion reducing assessed value by $20,000–$25,000 for homeowners 65+, permanently disabled, or widows (income limits apply) — file the application with the Iredell County Tax Assessor's office. Contact the Iredell County Tax Assessor before your first tax bill to submit your homestead exemption claim.