Raleigh, NC — income, home value, property tax, and sales tax.
In ZIP code 27513, near Raleigh, homes carry a median value of $519,800, and the county-level effective property tax rate of 0.71% works out to roughly $3,690 in annual property taxes on such a home. Households here earn a median of $121,989, with per-capita income at $70,529, so that tax bill equals about 3% of median household earnings. Combined with a 7.25% sales tax, housing costs and taxes together take a meaningful share of income, though the area's high earnings help offset the price of owning near Raleigh.
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