Raleigh, NC variant. This is a Raleigh, NC-specific version of the Property Tax Calculator, using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Property Tax Calculator.
Raleigh property tax runs about 0.86% of value - roughly $3,655/year on the $425,000 median home.
Property tax in Raleigh
Tax = assessed value × local rate. The 0.86% effective rate captures Raleigh's blend of county, city, and school levies.
On the $425,000 median home that's $3,655/year ($305/month), usually escrowed with your mortgage.
About Raleigh, NC
Raleigh applies North Carolina's flat state income tax along with state and local sales taxes.
Raleigh's home prices sit above the national average amid steady population and job growth.
Raleigh anchors the Research Triangle and has a robust technology and research sector, with a cost of living above the national average.
Worked example: $425,000 home
$425,000 × 0.86% = $3,655/year. A $600,000 Raleigh home would owe about $5,160.
Quick reference
- Median home value: $425,000
- Median rent: $1,700/mo
- Median household income: $79,964
- Local sales tax: 7.25%
- Effective property tax rate: 0.86%
- Cost of living index: 105 (US avg = 100)
Frequently Asked Questions
What is the property tax rate in Raleigh?
About 0.86% of market value per year.
How much property tax on a median Raleigh home?
Roughly $3,655 per year.