Raleigh, Johnston County, North Carolina Property Taxes
Median Raleigh, NC effective property tax rate: 0.79%, significantly lower than the national median of 1.02%, but lower than the NC state median of 0.82%.
Median Raleigh, NC home value: $246,420
Median annual Raleigh, NC tax bill: $1,942, $458 lower than the national median property tax bill of $2,400.
How are property taxes in Johnston County calculated?
Property taxes in Raleigh, NC are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Raleigh’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Raleigh, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Raleigh, Johnston County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.81%
Estimate Property Tax Bill
$2,007
$1,862
Ownwell’s Raleigh Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Raleigh with just two data points.
By entering your property's estimated assessed value, our calculator applies Raleigh’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.
This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Johnston County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Raleigh, Johnston County, North Carolina
Local government entities are responsible for setting property tax rates, and these rates can vary significantly within a state. Each year, counties estimate the budget needed to provide essential services and divide it by the total value of all taxable property within their jurisdiction. This process determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the core of the annual process.
For instance, Raleigh in Johnston County, North Carolina, has an effective property tax rate of 0.79%, which is below the national median of 1.02%. Within Raleigh, the highest median tax rate is 0.84% in the 27610 zip code, while the lowest is 0.79% in the 27603 zip code. This variation highlights how property tax rates can differ even within a single city. When compared to the national median property tax bill of $2400, Raleigh's rates are relatively favorable. Understanding these differences can help homeowners make informed decisions about property investments and tax appeals.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Raleigh Tax Rate
0.81%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Johnston County Tax Rate
0.81%
Median Effective North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Raleigh, Johnston County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27603 | 0.81% | 0.81% | 0.81% | 0.81% | 0.81% |
| 27610 | 0.81% | 0.81% | 0.81% | 0.81% | 0.81% |
Source: Ownwell
Property Tax Assessment Values Across Raleigh, Johnston County, North Carolina
When examining property taxes in Raleigh, NC, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Johnston County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Johnston County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Raleigh. For example, the median home price in Raleigh is $246,420, with tax bills ranging significantly across the county. Zip code 27603 has the highest median home price at $248,295.
Property Tax Assessment Values Across Raleigh, Johnston County, North Carolina
Source: Ownwell
$88,225
$172,443
$256,660
Median Raleigh Market Value
$247,760
Median Johnston County Market Value
$193,460
Median North Carolina Market Value
$221,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Raleigh, Johnston County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27603 | $165,339 | $221,022 | $249,545 | $287,788 | $345,661 |
| 27610 | $205,802 | $217,670 | $229,730 | $245,440 | $267,540 |
Source: Ownwell
Property Tax Bills Across Raleigh, Johnston County, North Carolina
In Raleigh, located in Johnston County, NC, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county and reflects the property's estimated market value. Homeowners in Raleigh face a median property tax bill of $1,945, which is significantly below the national median of $2,400. However, property taxes can vary across different areas within Raleigh, with the highest median tax bill reaching $1,945 in the 27603 zip code and the lowest at $1,883 in the 27610 zip code.
Factors influencing property tax bills include changes in property values, local tax rates, and any applicable exemptions. For homeowners, high property taxes can impact affordability and financial planning. Ownwell offers property tax appeal and exemption services to help homeowners reduce their tax burden. By analyzing local tax assessments and identifying potential savings, Ownwell ensures homeowners pay only their fair share, potentially leading to significant savings on their property tax bills.
Median Raleigh Tax Bill
$2,003
Median Johnston County Tax Bill
$1,731
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$2,400
Property Tax Bills Across Raleigh, Johnston County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27603 | $1,302 | $1,745 | $2,018 | $2,328 | $2,791 |
| 27610 | $1,661 | $1,751 | $1,836 | $1,962 | $2,033 |
Source: Ownwell