ZIP Code 28205

In ZIP code 28205, part of Charlotte, homes carry a median value of $457,200 while the county-level effective property tax rate sits at 0.71%. That combination yields an annual property tax bill of roughly $3,250. With median household income at $75,622, that tax equals about 4.3% of a household's yearly earnings. Per-capita income reaches $53,446. Factoring in the 7.25% combined sales tax, which applies to purchases throughout the area, homeowners here balance a sizable mortgage-scale asset against a property tax load that stays below what many higher-rate counties impose.