Wake Forest, North Carolina — Tax Burden
What is the tax burden in Wake Forest, North Carolina?
Wake Forest, North Carolina has a total tax burden of 9.86%, ranking #3594 nationally. Property tax rate: 0.89%, state income tax: 4.500%, sales tax: 6.98%. Median household income is $115,159.
Source: US Census ACS, 2022
Ranked #3594 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
9.86%
Rank: 3594th nationally
Property Tax Rate
0.89%
Rank: 3867th nationally
Income Tax Rate
4.500%
North Carolina state rate
Sales Tax Rate
6.98%
State + local combined
Tax Burden Breakdown
Property (31%)Income (46%)Sales (23%)
Median Income: $115,159
Median Home Value: $397,300
Median Property Tax: $3,523/yr
Population: 48,047