Wake County Property Taxes
Wake County, North Carolina
Effective Tax Rate
0.00%
111% above state avgMedian Annual Tax
$0
$252/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.71%
At a Glance
Median Home Value
$422,800
State avg ▲ $214,164
Tax w/ Mortgage/yr
$3,038
$253/mo escrow
Tax w/o Mortgage/yr
$2,983
$249/mo
State Tax Rate Rank
#60
of 100 counties (1 = lowest)
Data Story
About Property Taxes in Wake County, North Carolina
Wake stays slightly below national norm
Wake County's effective tax rate of 0.715% sits just 0.3 percentage points above the national median of 0.712%, placing it squarely in the middle of the nation's tax landscape. At $3,023 annually on a median home value of $422,800, Wake residents pay closer to the national median tax of $2,690 despite higher-valued properties.
Wake ranks slightly above state average
Wake's effective rate of 0.715% edges past North Carolina's state average of 0.701% by just 2%, making it virtually in line with statewide norms. The median property tax of $3,023 significantly exceeds the state median of $1,433, primarily reflecting Wake's much higher median home values of $422,800.
Wake's rate sits mid-range regionally
Wake's 0.715% effective rate falls between Union County's favorable 0.614% and Tyrrell's steeper 0.891%, placing it squarely in the regional middle. As North Carolina's most populous county, Wake offers relatively moderate tax rates for such a robust real estate market.
A $422,800 home costs $3,023 yearly
The typical Wake homeowner with a median-valued home of $422,800 pays approximately $3,023 in annual property taxes at the county's 0.715% rate. Those with mortgages pay an estimated $3,038 per year, while owners without mortgages pay around $2,983.
Even high-value homes warrant review
Wake County homeowners—especially those in fast-appreciating neighborhoods—should verify their assessments haven't outpaced actual market values. Requesting a reassessment through the county can catch inflated valuations and reduce your annual tax burden.
How Wake County Compares
Median Annual Property Tax
Wake County
0.71%
Effective rate
North Carolina Avg
0.67%
Effective rate
National Avg
0.91%
Effective rate
Frequently Asked Questions
What is the property tax rate in Wake County, North Carolina?
How much are property taxes in Wake County?
How does Wake County compare to the North Carolina average?
What is the median home value in Wake County, North Carolina?
Why is Wake County property tax rate higher than the North Carolina average?
How does Wake County rank for property taxes in North Carolina?
Counties with Similar Tax Rates
Nearby Counties
Other Counties in North Carolina
Data updated: March 2026
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.