Panther Branch Township (also designated Township 15) is one of twenty townships within Wake County, North Carolina. As of the 2000 census, Panther Branch Township had a population of 14,844, a 107.5% increase over 1990, and a population density of 0.72 people per acre (178/km²).

Panther Branch Township, occupying 20,608 acres (83 km²) in southern Wake County, includes small portions of the town of Garner.