ZIP Code 28405

In ZIP code 28405, near Wilmington, homes carry a median value of $368,500, and the county's 0.54% effective property tax rate works out to roughly $1,990 a year on such a home. With median household income at $70,274, that levy equals about 2.8% of annual earnings, while per-capita income stands at $49,013. A 7.00% combined sales tax applies to purchases. The gap between the median home price and what households bring in shapes how far a paycheck stretches here, since property taxes and sales taxes both draw on the same earnings.