Monroe, NC Property Tax Rates
Compare property tax rates across 2 ZIP codes in Monroe, North Carolina.
Avg Tax Rate
0.57%
Avg Annual Tax
$1,655
Avg Home Value
$287,450
ZIP Codes
2
Property Tax Overview: Monroe, NC
Monroe has 2 ZIP codes with property tax data. The average effective tax rate across these ZIPs is 0.57%, which is 20% below the North Carolina average of 0.71%. Annual property taxes range from $1,527 (ZIP 28112) to $1,782 (ZIP 28110).
For a home at Monroe's median value of $287,450, property taxes add approximately $138/month to housing costs. Monroe home values are above the North Carolina median of $236,692, meaning the monthly tax impact is correspondingly higher.
Property tax rates within Monroe vary by 0.03 percentage points across its ZIP codes. This variation typically reflects different school district boundaries, special assessment zones, and municipal service areas within the city.
Monroe vs North Carolina Average
Effective Tax Rate
20% below state average
Annual Property Tax
Median Home Value
Frequently Asked Questions
What is the average property tax rate in Monroe, NC?
The average effective property tax rate in Monroe, North Carolina is 0.57%, based on 2 ZIP codes.
How much is property tax in Monroe, NC?
The average median annual property tax in Monroe is $1,655 per year, with a median home value of $287,450.
Which ZIP code in Monroe has the lowest property tax rate?
ZIP code 28112 has the lowest effective tax rate in Monroe at 0.56%, with a median annual tax of $1,527.
How many ZIP codes are in Monroe, NC?
Monroe, North Carolina has 2 ZIP codes with property tax data available.
Which ZIP code in Monroe has the highest property tax rate?
ZIP code 28110 has the highest effective tax rate in Monroe at 0.59%, with a median annual tax of $1,782.
How do Monroe property taxes compare to the North Carolina average?
Monroe's average effective rate of 0.57% is 20% below the North Carolina state average of 0.71%.
What factors affect property tax rates between ZIP codes in Monroe?
Property tax rate differences within Monroe are typically driven by school district boundaries (which can account for 40–60% of a tax bill), special assessment zones for fire, water, or transit services, and whether a ZIP falls within city limits or an unincorporated area. Each taxing jurisdiction sets its own rate, which is why adjacent ZIP codes can have noticeably different effective rates.
Tips for Monroe Homeowners
- •Appeal your assessment: If your home is assessed higher than its market value, you can file a property tax appeal. Studies suggest 30–60% of properties are over-assessed. Most counties offer a free informal review process.
- •Check your exemptions: Homestead exemptions can reduce your taxable value and are available to primary residents in most states. Senior, veteran, and disability exemptions may also apply. Exemptions must typically be applied for — they are not automatic.
- •Know your assessment cycle: North Carolina reassesses properties periodically. After buying a home, your next tax bill may reflect a new assessment based on your purchase price. Budget accordingly, especially if you bought above prior assessed values.
- •Compare ZIP codes before buying: Even within Monroe, effective tax rates can vary significantly across ZIP codes due to different school district overlays. Use PropertyTaxByZip to compare specific ZIPs before choosing a neighborhood.
Other Cities in North Carolina
Looking for county-level property tax data? View Union County on TaxByCounty.com
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.