How Much are Cary Property Taxes? Wake County 2010 Property Tax Guide

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2010 Cary Property Tax Guide - How To Check Property Tax Rates for Cary NC

Read up-to-date Wake County property tax information here.

 

Whether you're considering relocating from one side of the Triangle to the other, or coming to Raleigh from another state, you've probably wondered what the yearly property taxes might be for your new home.

When were property values last adjusted (assessed)?

Wake County reassessed property values on January 1, 2008.  Many homes saw an increase of value, particularly since it had been 8 years since the last reassessment. 

How Much are 2010 Property Taxes in Cary?

Here are the 2010 rates, by town in Wake County.  To get the total property tax rate for a town, simply add the county tax to the town tax.  For example, Cary has a town rate of .33, and the Wake County rate is .534.  Add the two together - the total tax rate for Cary, NC is .8640

Are 2010 Cary Property Tax Rates Lower or Higher than 2009 Rates?

Cary property tax rates did not increase in 2010.  Current property tax rates will be in effect from July 1 2010 to June 30 2011.  Annual tax notices are mailed in July. 

Wake County 2010 Property Tax Guide

 

 

 

 

 

 

 

 

 

 

 

 

 

How Do I Figure Out What These Wake County Property Tax Numbers Mean?

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 2009. 

Wake County 2010 Property Tax Guide

 

 

 

 

 

 

 

 

 

 

 

 

 

 

This table gives sample property tax bills for all the cities in Wake County: Angier, Apex, Cary, Clayton, Fuquay Varina, Garner, Holly Springs, Knightdale, Morrisville, Raleigh, Rolesville, Wake Forest, Wendell, and Zebulon.

Special Tax Rates in Wake County

- Properties not located within city limits (a municipality) may be subject to a fire district tax rate and the RTP special district tax rate in addition to county taxes.

Where Should I Live to Get the Lowest Property Tax Rate?

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 RTP special district tax. 

The fire district tax rate is .08, and the special district tax rates vary from .036 to .14.

So at a minimum, you'll pay .614 per hundred when living outside city limits in Wake County. 

Check the Address of Your Cary NC New Home

If there's a particular home that you're considering, you can go directly to the Wake County Tax Records site, type in the address, and see the assessed value of the property.   Wake County is not noted for 100% accuracy in assessing the values of property, so what you see may be either higher or lower than the asking value of the property.   If there is a discrepancy, don't be afraid to ask your real estate agent to pull comps for you!

Want to Compare Other Property Tax Rates?

2010 Wake County Property Taxes

2010 Apex Property Taxes

2010 Chapel Hill Property Taxes

2010 Durham Property Taxes 

 

Cary, NC New Home Building Resources:

Cary, NC New Home Lots and Land

Cary, NC New Home Builders

Acreage Lots for Sale in Cary, NC

Build On Your Lot Builders Cary, NC

Accessible Homes in Cary, NC

Golf Communities in Cary, NC

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Rainmaker
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Rebecca Gaujot, the Go To Realtor®
RE/MAX Vision Quest - Lewisburg, WV
Lewisburg WV Real Estate, Greenbrier County

Penny, great localism post on property taxes in Cary NC.  ... this should help the consumers that are thinking of moving to your area.

Mar 02, 2011 09:56 AM #1
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Lee & Pamela St. Peter
Berkshire Hathaway HomeServices YSU Realty: (919) 645-2522 - Raleigh, NC
Making Connections to Success in Real Estate

Penny, was just working on a tax guide post myself!  However yours is much more in depth and one that I'll pass on.  Great minds think alike!!!
Great info. 

AND congrats on crossing over 1,000 blogs here in the rain!  That's a HUGE milestone my friend... 

Pamela

Mar 03, 2011 02:26 AM #2
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Stanton Homes
Stanton Homes - Our family designs and builds custom homes for your family - Raleigh, NC
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Rebecca - taxes can be very confusing.  Hopefully these guides help out.

Pamela - What?  1000 blogs?  Oh my goodness!  Time sure flies, especially when putting together information like this...

Mar 04, 2011 05:39 AM #3
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