2024 Property Tax Calculator. To calculate the exact amount of property tax you will owe requires your property's assessed value and the property tax rates based on your property's address. It is not a tax on rental income.
Effective january 1, 2024 all real property in wake county was revalued at 100% fair market value. It is thus levied on the ownership of properties, irrespective of whether the property is occupied or vacant.
With our property tax calculator, you can predict how much tax you're likely to pay, depending on its location.
Back then, finance minister lawrence wong estimated that the increase in property tax, when fully implemented, will raise property tax revenue by about s$380 million per year.
Your actual bill may include factors specific to your account that may.
It is thus levied on the ownership of properties, irrespective of whether the property is occupied or vacant.