28168 Property Tax Rate

Property owners in ZIP code 28168 (Vale, North Carolina) pay a median of $1,090/year in property taxes on homes valued at $176,100. This translates to an effective tax rate of 0.62%, which is 13% below the North Carolina state average of 0.71%.

The monthly property tax burden for a median-valued home in 28168 is approximately $91, which factors into escrow payments on mortgages. This ZIP code is located within Lincoln County. This is $501 less than the North Carolina average of $1,591/year.

Compared to similar ZIP codes in North Carolina, 28168 has higher property taxes. ZIP codes with similar effective rates include 28092 (0.62%) and 28018 (0.62%).

In Vale, property taxes represent approximately 1.7% of the median household income of $63,396, 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 on the next revaluation cycle. Lincoln County offers a Homestead Property Tax Exclusion ($20,000–$25,000 off assessed value for homeowners meeting age, disability, or widow requirements) — file your application with the Lincoln County Tax Assessor's office and confirm income limits apply. Submit your homestead exemption application to the Lincoln County Tax Assessor before your first bill to lock in the exclusion.