28376 Property Tax Rate

Property owners in ZIP code 28376 (Raeford, North Carolina) pay a median of $1,442/year in property taxes on homes valued at $208,100. This translates to an effective tax rate of 0.69%, which is 3% below the North Carolina state average of 0.71%.

The monthly property tax burden for a median-valued home in 28376 is approximately $120, which factors into escrow payments on mortgages. This ZIP code is located within Hoke County.

Compared to similar ZIP codes in North Carolina, 28376 has higher property taxes. ZIP codes with similar effective rates include 27529 (0.69%) and 28697 (0.69%).

In Raeford, property taxes represent approximately 2.3% of the median household income of $61,793, 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. Hoke County offers a Homestead Property Tax Exclusion ($20,000–$25,000 off assessed value) for homeowners 65+, permanently disabled, or widows meeting income requirements — file your application with the Hoke County Tax Assessor's office. Submit your homestead exemption to the Hoke County Tax Assessor immediately after closing to lock in the exclusion on your first tax bill.