Raleigh Property Tax Rates | Buying a New Home in Raleigh NC
Posted by Penny Hull on Mon, Nov 07, 2011 @ 08:52 AM
Raleigh NC 2011 Property Tax Rates
Find Property Tax Rates for your new Raleigh home
Considering buying a home in Raleigh, NC? One of the first questions you'll want to ask is "What are the property taxes for this home?"
Raleigh is located within Wake County, along with many popular towns to live in, including: Angier, Apex, Cary, Fuquay Varina, Garner, Holly Springs, Knightdale, Rolesville, Wake Forest, Wendell, and Zebulon.
How Much are Raleigh 2011 Property Taxes?
Here are the 2011 rates, by town within Wake County. To get the total property tax rate for a town, simply add the county tax to the town tax.
For example, Raleigh has a town rate of 0.3735, and the Wake County rate is 0.534. Add the two together - the total tax rate for Raleigh, NC is 0.9075.
How Do I Find Out What My Raleigh, NC Property Tax Will Be?
It's not as confusing as it looks. The tax rates are based on the assessed value of the home, not the asking price.
- Divide the assessed value by 100.
- Multiply the result by the combined rate on the right side of the table.
- The result will be your yearly property tax bill, as of 2011.
This table gives sample property tax bills for all the cities and towns in Wake County, such as Apex, Cary, Morrisville, Raleigh, and Wake Forest.
There is no guarantee that tax rates will remain the same - check the Wake County property tax page for most recent information.
Where Should I Live to Pay the Lowest Property Tax Rates?
Your tax bill can be lower if your home or property is not actually within a municipality, or town. If this is the case, you'll pay just the County rate, plus most likely a fire district tax and/or the special district tax.
Considering a new custom home in the Raleigh area?
Find out more about these areas, including top destinations and more.
Wake County Custom Homes
Chatham County Custom Homes
Durham County Custom Homes
Orange County Custom Homes
Harnett County Custom Homes
Lee County Custom Homes
Choosing to build your new home with exceptional NC custom home builders like Stanton Homes allows more creativity, within your budget, than you ever thought possible! Find out more today – here’s how to get started:
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Finding Your New Home in the Raleigh Area
Call 919-278-8070 or visit www.StantonHomes.com to find out more about new custom homes in the Raleigh area today.
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