28523 Property Tax Rate
Cove City, North Carolina · Part of Craven County
Effective Tax Rate
0.63%
33.8% below state avgMedian Annual Tax
$1,054
$88/mo escrow
Estimate Your Tax
Annual Tax
$1,054
Monthly
$88
Eff. Rate
0.63%
Buyer decision brief
What ZIP 28523 means for your housing budget
Use this ZIP page to compare recurring tax burden before you compare listing prices. The numbers below are Census ZCTA estimates, so they are strongest for neighborhood comparison and weakest for parcel-specific tax planning.
Monthly escrow signal
$88/mo
Based on median annual tax paid
State context
0.09 percentage points below the North Carolina average
North Carolina average: 0.71%
Data confidence
Moderate confidenceThe Census margin of error is $188, about 18% of the median tax estimate.
Verify before you offer
- Confirm parcel assessed value with Craven County assessor.
- Check homestead, senior, veteran, and disability exemptions.
- Ask whether purchase triggers reassessment or value-cap reset.
- Review school district and special assessment boundaries.
Lower-rate similar ZIPs
This is informational content, not tax, legal, or mortgage advice. Local assessor records remain the source of truth for a specific property.
Data confidence ledger
Can you trust ZIP 28523 for comparison?
ACS vintage
2019-2023 ACS 5-Year Estimates
Five-year Census ZCTA estimates.
ZCTA caveat
Census area, not parcel boundary
USPS ZIP routes and taxing districts can differ inside the same area.
Field completeness
3/3 required fields
Median tax, home value, and derived rate are present.
MOE status
Moderate ACS confidence
$188 tax MOE, 18% of the median tax estimate.
Last site refresh
March 10, 2026
Dataset and page-quality audit run locally before publication.
County fallback
County context only
Craven County is used for assessor verification and broader context.
Tax bill anatomy
What can change your actual bill in ZIP 28523
Use the ZIP estimate to compare neighborhoods, then verify these parcel-level inputs before relying on a payment estimate.
Assessed value
The ZCTA median home value is $167,700, but your bill starts with the local assessed value for a specific parcel.
Effective rate
The displayed rate is 0.63%, derived from median tax paid divided by median home value.
Exemptions
Homestead, senior, veteran, disability, and local exemptions can reduce taxable value. Confirm eligibility before estimating escrow.
Reassessment
A purchase can change assessed value depending on North Carolina and county rules. Ask how sale price affects the next assessment cycle.
Escrow impact
The median tax paid in this ZCTA equals about $88 per month before insurance, HOA dues, or special assessments.
Assessor verification
Craven County assessor or tax collector records are the source of truth for parcel taxes, appeal windows, and exemptions.
How ZIP 28523 Compares
Median Annual Property Tax
ZIP 28523
0.63%
Effective rate
North Carolina Avg
0.71%
Effective rate
National Avg
1.10%
Effective rate
State Ranking
Property Tax Rank in North Carolina
Lower than 65% of ZIP codes in North Carolina(35th percentile, 754 ZIPs compared)
Property Tax Analysis
Property Tax Insights for ZIP 28523
Property owners in ZIP code 28523 (Cove City, North Carolina) pay a median of $1,054/year in property taxes on homes valued at $167,700. 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 28523 is approximately $88, which factors into escrow payments on mortgages. This ZIP code is located within Craven County. This is $537 less than the North Carolina average of $1,591/year.
Compared to similar ZIP codes in North Carolina, 28523 has lower property taxes. ZIP codes with similar effective rates include 28174 (0.63%) and 28645 (0.63%).
In Cove City, property taxes represent approximately 2.3% of the median household income of $45,283, providing context for the relative tax burden on homeowners in this area.
If you're considering purchasing a home in 28523, keep in mind that property taxes are based on the assessed value assigned by the local assessor, which may differ from the purchase price. In some states, properties are reassessed at or near the sale price upon transfer of ownership. For the most current tax information for a specific property, consult Craven County's tax assessor directly.
Frequently Asked Questions
What is the property tax rate in ZIP code 28523?
How much are property taxes in Cove City, NC (28523)?
How does ZIP 28523 compare to the North Carolina average?
What is the median home value in ZIP 28523?
What county is ZIP code 28523 in?
Margin of Error
The median property tax estimate for this ZIP code has a margin of error of ±$188. ZCTA-level data has wider margins than county-level estimates due to smaller sample sizes.
County-Level Data
ZIP code 28523 is part of Craven County, North Carolina. View the full county profile for broader context and more data.
View Craven County on TaxByCounty →Why compare these ZIPs?
Better comparison set for ZIP 28523
Each ZIP highlights a homebuyer tradeoff: lower rate, stronger value context, shared county rules, city boundary changes, or nearby missing data.
28527
Ernul, NC
0.20 percentage points lower than ZIP 28523.
Rate
0.43%
Tax
$745
Quality
71
28562
New Bern, NC
0.01 percentage points lower than ZIP 28523.
Rate
0.62%
Tax
$1,536
Quality
89
28560
New Bern, NC
0.00 percentage points lower than ZIP 28523.
Rate
0.63%
Tax
$1,201
Quality
89
28207
Charlotte, NC
$1,181,200 higher median home value than ZIP 28523.
Rate
0.74%
Tax
$10,001
Quality
82
28480
Wrightsville Beach, NC
0.15 percentage points lower than ZIP 28523.
Rate
0.47%
Tax
$4,974
Quality
77
27608
Raleigh, NC
$743,300 higher median home value than ZIP 28523.
Rate
0.76%
Tax
$6,949
Quality
94
28774
Sapphire, NC
0.21 percentage points lower than ZIP 28523.
Rate
0.42%
Tax
$3,022
Quality
77
28203
Charlotte, NC
$540,900 higher median home value than ZIP 28523.
Rate
0.83%
Tax
$5,896
Quality
94
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.
Estimates are informational only and should not be used as financial or legal advice.