Clayton, Wake County, North Carolina Property Taxes

Name: Property Tax Bills Across Clayton, Wake County, North Carolina
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Clayton, NC effective property tax rate: 0.79%, significantly lower than the national median of 1.02%, but lower than the North Carolina state median of 0.82%. Median Clayton, NC home value: $229,426. Median annual Clayton, NC tax bill: $1,791, $609 lower than the national median property tax bill of $2,400. How are property taxes in Wake calculated? Property taxes in Clayton, 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 Clayton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Clayton, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Clayton, Wake County, North Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.63%

Estimate Property Tax Bill

$2,234

$2,073

Ownwell’s Clayton Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Clayton with just two data points. By entering your property's estimated assessed value, our calculator applies Clayton’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 Clayton, Wake County, North Carolina

Local government entities set tax rates, which can vary widely within a state. This is because each county estimates its required budget to provide services annually and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Clayton’s effective property tax rate to other cities in North Carolina and the median property tax rates in North Carolina and the U.S.

Property Tax Rates Across Clayton, Wake County, North Carolina

Source: Ownwell

0.52%

0.82%

1.11%

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 Clayton Tax Rate

0.63%

Median Effective Wake County Tax Rate

0.87%

Median Effective North Carolina Tax Rate

0.81%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Clayton, Wake County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
27520	0.62%	0.63%	0.63%	0.63%	0.63%

Source: Ownwell

Property Tax Assessment Values Across Clayton, Wake County, North Carolina

When examining property taxes in Clayton, 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 Wake County Tax Administration 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 Wake 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 Clayton.

For example, the median home price in Clayton is $229,426, with tax bills ranging significantly across the county. Zip code 27520 has the highest median home price at $229,426.

Property Tax Assessment Values Across Clayton, Wake County, North Carolina

Source: Ownwell

$290,436

$598,949

$907,461

Median Clayton Market Value

$354,525

Median Wake County Market Value

$454,641

Median North Carolina Market Value

$221,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Clayton, Wake County, North Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
27520	$242,541	$290,410	$354,525	$450,883	$520,320

Source: Ownwell

Property Tax Bills Across Clayton, Wake County, North Carolina

Property tax bills in Clayton, NC, are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the home's market value, which can fluctuate based on real estate trends. In Clayton, the median home price is $229,426, and tax bills vary significantly, with the 25th percentile at $1,427 and the 75th percentile reaching $2,215. The local property tax rate in Wake County influences these figures, resulting in a median tax bill of $1,791, which is lower than the national median of $2,400.

For homeowners, these taxes represent a significant expense, impacting monthly budgets and overall financial planning. Ownwell offers property tax appeal and exemption services to help reduce these burdens. By analyzing your property's assessed value and comparing it to similar homes, Ownwell identifies opportunities for savings. Their expertise in navigating the appeals process can lead to substantial reductions in your property tax bill, providing financial relief and peace of mind.

Property Tax Bills Across Clayton, Wake County, North Carolina

Source: Ownwell

$1,490

$4,658

$7,825

Median Clayton Tax Bill

$2,212

Median Wake County Tax Bill

$3,792

Median North Carolina Tax Bill

$1,813

Median United States Tax Bill

$2,400

Property Tax Bills Across Clayton, Wake County, North Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
27520	$1,496	$1,808	$2,212	$2,750	$3,187

Source: Ownwell