28365 Property Tax Rate

Property owners in ZIP code 28365 (Mount Olive, North Carolina) pay a median of $1,030/year in property taxes on homes valued at $119,000. This translates to an effective tax rate of 0.87%, which is 21% above the North Carolina state average of 0.71%.

The monthly property tax burden for a median-valued home in 28365 is approximately $86, which factors into escrow payments on mortgages. This ZIP code is located within Duplin County. This is $561 less than the North Carolina average of $1,591/year.

Compared to similar ZIP codes in North Carolina, 28365 has higher property taxes. ZIP codes with similar effective rates include 27517 (0.87%) and 28262 (0.87%).

In Mount Olive, property taxes represent approximately 2.0% of the median household income of $52,333, 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 at the next countywide revaluation. Duplin County offers a Homestead Property Tax Exclusion reducing assessed value by $20,000–$25,000 for seniors 65+, disabled homeowners, or widows meeting income limits — apply through the Duplin County Tax Assessor's office. File your homestead exemption with the Duplin County Tax Assessor immediately after closing to lock in the benefit on your first tax bill.