Proceeds from the Wake County Personal Property Tax are used locally to fund school districts, public transport, infrastructure, and other municipal government projects. You can look up the Wake County Assessor's contact information here (opens in external website). Most county assessors' offices are located in or near the county courthouse or the local county administration building. These property tax records are excellent sources of information when buying a new property or appealing a recent appraisal. The Tax Assessor's office can also provide property tax history or property tax records for a property. The Wake County Tax Assessor is responsible for assessing the fair market value of properties within Wake County and determining the property tax rate that will apply. Our data allows you to compare Wake County's property taxes by median property tax in dollars, median property tax as a percentage of home value, and median property tax as a percentage of the Wake County median household income. You can use these numbers as a reliable benchmark for comparing Wake County's property taxes with property taxes in other areas. The median property tax amount is based on the median Wake County property value of $222,300. Instead, we provide property tax information based on the statistical median of all taxable properties in Wake County. North Carolina Property Taxes By Countyīecause Wake County uses a complicated formula to determine the property tax owed on any individual property, it's not possible to condense it to a simple tax rate, like you could with an income or sales tax.
To compare Wake County with property tax rates in other states, see our map of property taxes by state. Orange County collects the highest property tax in North Carolina, levying an average of $2,829.00 (1.09% of median home value) yearly in property taxes, while Montgomery County has the lowest property tax in the state, collecting an average tax of $494.00 (0.59% of median home value) per year. You can use the North Carolina property tax map to the left to compare Wake County's property tax to other counties in North Carolina. Wake County is ranked 1317th of the 3143 counties for property taxes as a percentage of median income. The average yearly property tax paid by Wake County residents amounts to about 2.12% of their yearly income. Wake County has one of the highest median property taxes in the United States, and is ranked 571st of the 3143 counties in order of median property taxes. Wake County collects, on average, 0.81% of a property's assessed fair market value as property tax. The median property tax in Wake County, North Carolina is $1,793 per year for a home worth the median value of $222,300.
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