Raleigh anchors the Research Triangle, one of the country's fastest-growing tech and life sciences clusters. Wake County's low effective property tax rate — among the lowest for any major metro — is a significant and often underappreciated advantage for homebuyers.
Recommended for incomes above $115k/yr (28% DTI rule)
Raleigh housing market
The 0.85% property tax rate reflects the county-level effective rate for Raleigh and is used to calculate your monthly tax escrow above. This rate may differ from the statewide North Carolina average — county-level data produces more accurate monthly payment estimates for Raleigh buyers. Many Raleigh properties also carry HOA fees — the area average is approximately $150/month, which is not included in the calculator above.
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