ZIP Code 28777

In ZIP 28777, near Banner Elk, homes carry a median value of $228,400 while the county's effective property tax rate sits at 0.52%. That combination yields an annual tax bill of roughly $1,188, a figure that lands gently against the median household income of $63,378 — about 1.9% of yearly earnings. Per-capita income stands at $30,661, so single earners may feel the pinch more sharply than dual-income households. Add a combined sales tax of 6.75% on purchases, and the overall cost of living stays tied closely to what residents bring home.