28117 Property Tax Rate

Property owners in ZIP code 28117 (Mooresville, North Carolina) pay a median of $3,342/year in property taxes on homes valued at $567,200. 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 28117 is approximately $279, which factors into escrow payments on mortgages. This ZIP code is located within Iredell County. This is $1,751 more than the North Carolina average of $1,591/year.

Compared to similar ZIP codes in North Carolina, 28117 has higher property taxes. ZIP codes with similar effective rates include 28037 (0.59%) and 28128 (0.59%).

In Mooresville, property taxes represent approximately 3.1% of the median household income of $109,310, 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.