Raleigh property tax, in one number.
The typical Raleigh homeowner pays $3,048 a year on a $415,800 home. That's close to the Wake County rate (0.71%) and well below the U.S. rate (0.94%).
Estimate my taxRaleigh at a glance
Five numbers that shape a typical property tax bill here.
Property tax calculator
Enter a home value to see a typical yearly bill at Raleigh's average effective rate, or pick another area.
- Bills are up, rates are down.The median tax paid rose from $2,191 in 2015 to $3,245 in 2024 (+48%), while home values rose 99%. That pushed the effective rate down.
- Owners without a mortgage pay more.Homes owned outright paid a median $3,405, versus $2,938 for homes with a mortgage.
- Share of income.The median bill equals about 3.6% of the median household income of $85,395.
The data, charted
Median tax paid & effective rate
Owners vs renters
Cities in Wake County
Raleigh compared
| Area | Median tax | Home value | Rate |
|---|---|---|---|
| Raleigh | $3,048 | $415,800 | 0.73% |
| Wake County | $3,260 | $461,300 | 0.71% |
| North Carolina | $1,896 | $288,900 | 0.66% |
| United States | $3,119 | $332,700 | 0.94% |
Other cities in Wake County
Effective property tax rates nearby.
Nearby
- Wake County0.71% · $3,260
- Wake Forest0.81% · $3,853
- Rolesville0.80% · $4,273
- Morrisville0.79% · $4,078
- Zebulon0.78% · $2,505
- Holly Springs0.76% · $4,087
- Garner0.75% · $2,673
- Knightdale0.74% · $2,828
- Wendell0.72% · $2,396
- Cary0.71% · $4,142
- Fuquay-Varina0.70% · $3,141
- Apex0.69% · $4,001
- Durham County0.79% · $3,092
- Nash County0.71% · $1,362
- Harnett County0.69% · $1,689
- Granville County0.67% · $1,664
- Franklin County0.65% · $1,834
- Chatham County0.64% · $2,847
Good to know
What is the property tax rate in Raleigh?
The effective rate is about 0.73%. The median homeowner pays $3,048 a year on a home worth a median $415,800 (ACS 2020–2024). The legal tax rates set by each taxing unit are different numbers; the effective rate is what owners actually pay as a share of value.
How much is property tax on a $400,000 home in Raleigh?
About $2,920 a year, or roughly $243 a month, at Raleigh's average effective rate of 0.73%. Homestead, senior, veteran or other exemptions can lower the real bill, and a recent purchase or reassessment can raise it.
Why is my bill different from this estimate?
Your bill depends on your home's assessed value from the county assessor, the exact taxing units where you live (county, city, school district, special districts) and any exemptions you get. These figures are medians across all owner-occupied homes, not a bill for any address.
How current is this data?
It comes from the U.S. Census Bureau's American Community Survey 5-year estimates for 2020–2024, the latest release. Homeowners report the taxes they paid, so the numbers lag current bills by one to two years. We update the site when the Census Bureau publishes new estimates each December.
More: Wake County · all North Carolina counties · calculator for any county