28645 Property Tax Rate

Property owners in ZIP code 28645 (Lenoir, North Carolina) pay a median of $990/year in property taxes on homes valued at $157,800. 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 28645 is approximately $83, which factors into escrow payments on mortgages. This ZIP code is located within Caldwell County. This is $601 less than the North Carolina average of $1,591/year.

Compared to similar ZIP codes in North Carolina, 28645 has higher property taxes. ZIP codes with similar effective rates include 28560 (0.63%) and 28523 (0.63%).

In Lenoir, property taxes represent approximately 2.0% of the median household income of $50,529, providing context for the relative tax burden on homeowners in this area.

North Carolina conducts market-value assessments each year with no statewide increase limit, and you will face a revaluation to your purchase price at sale. Caldwell County provides a Homestead Property Tax Exemption ($25,000 reduction for primary residences) and a Disabled Veterans Exemption — submit your application to the Caldwell County Tax Assessor's office within 30 days of closing to secure these benefits. Request a copy of the assessment notice after the first revaluation and verify that all exemptions and your purchase price are correctly recorded.