28174 Property Tax Rate

Property owners in ZIP code 28174 (Wingate, North Carolina) pay a median of $1,337/year in property taxes on homes valued at $212,400. This translates to an effective tax rate of 0.63%, which is 12% below the North Carolina state average of 0.71%.

The monthly property tax burden for a median-valued home in 28174 is approximately $111, which factors into escrow payments on mortgages. This ZIP code is located within Union County. This is $254 less than the North Carolina average of $1,591/year.

Compared to similar ZIP codes in North Carolina, 28174 has lower property taxes. ZIP codes with similar effective rates include 28617 (0.63%) and 28523 (0.63%).

In Wingate, property taxes represent approximately 1.9% of the median household income of $71,115, 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.