Wake County commissioners have approved a $2.28 billion budget that includes a 2-cent property tax increase, raising the county rate to 53.71 cents per $100 of assessed value.

Jun 11, 2026 | News

For a median-priced $450,000 home, that’s roughly $90 per year.

The increase is intended to help fund public safety, education, infrastructure, and other services as the county continues to grow.

For commercial property owners and investors, it’s another reminder that rapid population growth often brings both opportunity and increased operating costs.

Growth fuels demand—but it also requires investment.

https://www.cbs17.com/news/local-news/wake-county-news/wake-county-adopts-2-28-billion-budget-approving-property-tax-hike-to-help-fill-gaps

Dylan Cunningham

J Dylan Cunningham, CCIM is the founder of Oak Street Commercial Real Estate, LLC, a firm located in Apex, NC on a mission to help business owners and commercial real estate owners create long-term strategies that align with their objectives through real estate.

We believe in going beyond the transaction, taking a deep look at where you want to be in five, ten or even twenty years from now—and how we can help you get there with thoughtful, strategic decisions today.