28504 Property Tax Rate

Property owners in ZIP code 28504 (Kinston, North Carolina) pay a median of $1,193/year in property taxes on homes valued at $124,500. This translates to an effective tax rate of 0.96%, which is 34% above the North Carolina state average of 0.71%.

The monthly property tax burden for a median-valued home in 28504 is approximately $99, which factors into escrow payments on mortgages. This ZIP code is located within Lenoir County. This is $398 less than the North Carolina average of $1,591/year.

Compared to similar ZIP codes in North Carolina, 28504 has lower property taxes. ZIP codes with similar effective rates include 28455 (0.96%) and 27885 (0.96%).

In Kinston, property taxes represent approximately 2.4% of the median household income of $50,650, providing context for the relative tax burden on homeowners in this area.

North Carolina reassesses all property at current market value annually without a statewide increase cap, meaning your taxes can rise significantly after purchase. Lenoir County provides a Homestead Property Tax Exemption ($25,000 reduction for owner-occupied homes) and Senior Tax Relief programs for residents 65+ — file with the Lenoir County Tax Assessor's office to claim these benefits. After closing, review your tax bill for accuracy and contact the assessor if the valuation appears inflated compared to the sales price.