Taxes

Wake County enjoys a competitive tax environment which helps to create one of the most pro-business cities in America.

2025 County and Municipal Property Tax Rates:
Local property tax rates are calculated against each $100 in value. If you live in a city or town, you will pay both county and municipal property taxes, plus any additional special taxes that apply. For more information, or to determine if any special district taxes or fire district taxes apply to your specific location, please visit the Wake County Revenue Department website.

By the Numbers

North Carolina Taxes

North Carolina currently boasts the lowest corporate income tax rate in the United States at 2.25%, with a strategic plan to phase it down to 0% by 2030.

Additionally, the personal income tax rate has been steadily decreasing—from 5.499% in 2019 to 4.50% in 2025—and is projected to further decline to 3.99% by 2030.