28544 Property Tax Rate

Property owners in ZIP code 28544 (Midway Park, North Carolina) pay a median of $558/year in property taxes on homes valued at $136,700. This translates to an effective tax rate of 0.41%, which is 43% below the North Carolina state average of 0.71%.

The monthly property tax burden for a median-valued home in 28544 is approximately $47, which factors into escrow payments on mortgages. This ZIP code is located within Onslow County. This is $1,033 less than the North Carolina average of $1,591/year.

Compared to similar ZIP codes in North Carolina, 28544 has higher property taxes. ZIP codes with similar effective rates include 28531 (0.41%) and 28702 (0.41%).

In Midway Park, property taxes represent approximately 1.1% of the median household income of $49,449, providing context for the relative tax burden on homeowners in this area.

North Carolina assesses property at market value annually with no statewide cap on increases, and your home will be revalued at purchase price upon sale. Onslow County offers a Homestead Property Tax Exemption ($25,000 off assessed value for primary residences) and a Disabled Veterans Exemption — contact the Onslow County Tax Assessor's office to file before the next revaluation cycle. Request your assessment notice immediately after closing to verify the appraised value and confirm exemption eligibility.