28742 Property Tax Rate

Property owners in ZIP code 28742 (Horse Shoe, North Carolina) pay a median of $1,599/year in property taxes on homes valued at $330,200. This translates to an effective tax rate of 0.48%, which is 32% below the North Carolina state average of 0.71%.

The monthly property tax burden for a median-valued home in 28742 is approximately $133, which factors into escrow payments on mortgages. This ZIP code is located within Henderson County.

Compared to similar ZIP codes in North Carolina, 28742 has lower property taxes. ZIP codes with similar effective rates include 28762 (0.48%) and 28754 (0.49%).

In Horse Shoe, property taxes represent approximately 1.6% of the median household income of $97,292, providing context for the relative tax burden on homeowners in this area.

North Carolina has no statewide property tax cap and reassesses all properties at market value when ownership changes — Henderson County will use your purchase price as the new tax base. Henderson County offers a $25,000 Homestead Exemption for owner-occupied primary residences; apply with the Henderson County Tax Assessor within 30 days of purchase to reduce your taxable assessed value. File your Homestead Exemption claim immediately at the Henderson County Tax Assessor's office and request your Notice of Valuation to confirm the assessed value before the tax bill is issued.