28205 Property Tax Rate

Property owners in ZIP code 28205 (Charlotte, North Carolina) pay a median of $2,972/year in property taxes on homes valued at $410,800. This translates to an effective tax rate of 0.72%, which is near the North Carolina state average of 0.71%.

The monthly property tax burden for a median-valued home in 28205 is approximately $248, which factors into escrow payments on mortgages. This ZIP code is located within Mecklenburg County. This is $1,381 more than the North Carolina average of $1,591/year.

Compared to similar ZIP codes in North Carolina, 28205 has higher property taxes. ZIP codes with similar effective rates include 27244 (0.72%) and 28338 (0.72%).

In Charlotte, property taxes represent approximately 4.1% of the median household income of $72,479, 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 the purchase price at the next countywide revaluation. Mecklenburg County offers a Homestead Property Tax Exclusion ($20,000–$25,000 depending on homeowner age, disability, or widow status) — submit your application to the Mecklenburg County Tax Assessor's office and verify income thresholds ($58,000–$60,000 range for most applicants). Contact the Mecklenburg County Tax Assessor immediately after closing to file your homestead exemption and ensure it takes effect on your first tax bill.