NCACC

NCACC
215 N. Dawson St.
Raleigh, NC 27603

Albert Coates Local Government Center
Phone: (919) 715-2893
Fax: (919) 733-1065

Quorum Center
Phone: (919) 719-1100
Fax: (919) 719-1101

E-mail: ncacc@ncacc.org

Fewer counties increase property taxes for 2008-09

County-by-county tax rates: HTML (below) | Excel spreadsheet

Most North Carolinians will not see an increase in county property taxes for 2008-09, even though county commissioners were grappling with the high price of fuel and lean economic forecasts when putting together their budgets.

Only 24 counties adopted budgets that included property tax increases for 2008-09, the smallest number of increases in one year since 1998-99, when fewer than 20 counties raised property taxes. In addition, six counties were able to reduce their property tax rate for the new fiscal year.

Property tax rate
County	2007-08	Notes	If reval, revenue neutral rate	2008-09	Change	Sales assess ratio	Effective tax rate
Alamance	0.5800			0.5800		0.8708	0.5051
Alexander	0.5350			0.5350		0.9474	0.5069
Alleghany	0.4300			0.4300		0.8909	0.3831
Anson	0.8940			0.8940		0.6769	0.6051
Ashe	0.3950			0.4250	0.0300	0.7896	0.3356
Avery	0.3900			0.3900		0.7107	0.2772
Beaufort	0.6000			0.6000		0.6802	0.4081
Bertie	0.7800			0.7800		0.8809	0.6871
Bladen	0.7400			0.7400		0.9069	0.6711
Brunswick	0.3050			0.3050		0.9807	0.2991
Buncombe	0.5250			0.5250		0.8360	0.4389
Burke	0.5200			0.5200		0.9641	0.5013
Cabarrus	0.6300	Reval	0.5200	0.6300	0.1100	1.0000	0.6300
Caldwell	0.6599			0.6599		0.8585	0.5665
Camden	0.5900			0.5900		0.9411	0.5552
Carteret	0.2300			0.2300		0.9840	0.2263
Caswell	0.6720	Reval	0.6290	0.6290		1.0000	0.6290
Catawba	0.5350			0.5350		0.9794	0.5240
Chatham	0.6170			0.6530	0.0360	0.8863	0.5788
Cherokee	0.3210	Reval	0.3210	0.3850	0.0640	0.9820	0.3781
Chowan*	0.5600			0.6500		0.9516	0.5329
Clay	0.4300			0.4300		0.5549	0.2386
Cleveland	0.5800	Reval	0.5666	0.5700	0.0034	0.9785	0.5577
Columbus	0.8150			0.8150		0.8466	0.6900
Craven	0.6100			0.6100		0.6615	0.4035
Cumberland	0.8800			0.8600	(0.0200)	0.8172	0.7028
Currituck	0.3200			0.3200		0.8537	0.2732
Dare	0.2600			0.2600		0.9246	0.2404
Davidson	0.5400			0.5400		0.9998	0.5399
Davie	0.6600			0.6600		0.9094	0.6002
Duplin	0.7900			0.7900		0.7800	0.6162
Durham	0.8340	Reval	0.6882	0.7081	0.0199	1.0000	0.7081
Edgecombe	0.9400			0.9400		0.7597	0.7141
Forsyth	0.6960			0.6960		0.9210	0.6410
Franklin	0.8225			0.8225		0.9013	0.7413
Gaston	0.8400			0.8350	(0.0050)	0.9327	0.7788
Gates	0.9750			0.9750		0.4350	0.4241
Graham	0.6050			0.6000	(0.0050)	0.5164	0.3098
Granville	0.7550			0.7550		0.8610	0.6501
Greene	0.7460			0.7560	0.0100	0.8981	0.6790
Guilford	0.6914			0.7374	0.0460	0.9160	0.6755
Halifax	0.6800			0.6800		0.8624	0.5864
Harnett	0.7350			0.7350		0.8198	0.6026
Haywood	0.4970			0.4970		0.8415	0.4182
Henderson	0.4620			0.4620		0.9075	0.4193
Hertford	0.9100			0.9100		0.8324	0.7575
Hoke	0.7000			0.7000		0.9556	0.6689
Hyde	0.7150			0.7150		0.7243	0.5179
Iredell	0.4450			0.4450		0.9210	0.4098
Jackson	0.3600	Reval	0.2600	0.2800	0.0200	1.0000	0.2800
Johnston	0.7800			0.7800		0.8555	0.6673
Jones	0.6800			0.7000	0.0200	0.8744	0.6121
Lee	0.7500			0.7500		0.9394	0.7046
Lenoir	0.8400			0.8400		0.9105	0.7648
Lincoln	0.6100	Reval	0.5001	0.5700	0.0699	0.9919	0.5654
Macon	0.2450			0.2641	0.0191	0.9588	0.2532
Madison	0.5100			0.5100		0.6546	0.3338
Martin	0.7850			0.7850		0.7291	0.5723
McDowell	0.5500			0.5500		0.8000	0.4400
Mecklenburg	0.8387			0.8387		0.8290	0.6953
Mitchell	0.5200			0.5200		0.5419	0.2818
Montgomery	0.5800			0.5800		0.7200	0.4176
Moore	0.4450			0.4790	0.0340	0.9412	0.4508
Nash	0.7000			0.7000		0.8192	0.5734
New Hanover	0.4200			0.4525	0.0325	0.9369	0.4239
Northampton	0.7800			0.7800		0.9180	0.7160
Onslow	0.5030			0.5030		0.8270	0.4160
Orange	0.9500			0.9980	0.0480	0.7933	0.7917
Pamlico	0.6525			0.6525		0.4841	0.3159
Pasquotank	0.5000			0.5500	0.0500	0.8578	0.4718
Pender	0.6500			0.6500		0.5566	0.3618
Perquimans	0.6700	Reval	0.4300	0.4100	(0.0200)	1.0000	0.4100
Person	0.7000			0.7000		0.8903	0.6232
Pitt	0.7100	Reval	0.6382	0.6650	0.0268	0.9944	0.6613
Polk	0.6800			0.6800		0.6080	0.4134
Randolph	0.5350			0.5550	0.0200	0.9243	0.5130
Richmond	0.9300	Reval	0.8100	0.8100		1.0000	0.8100
Robeson	0.8000			0.8000		0.8440	0.6752
Rockingham	0.7050			0.7050		0.8808	0.6210
Rowan	0.5950			0.5950		0.9672	0.5755
Rutherford	0.5300			0.5300		0.9324	0.4942
Sampson	0.8100			0.8450	0.0350	0.8160	0.6895
Scotland	1.0600			1.0200	(0.0400)	0.8820	0.8996
Stanly	0.6700			0.6700		0.8191	0.5488
Stokes	0.6000			0.6000		0.8947	0.5368
Surry	0.6300	Reval	0.5820	0.5820		0.9878	0.5749
Swain	0.3300			0.3300		0.6629	0.2188
Transylvania	0.5400			0.5400		0.7971	0.4304
Tyrrell	0.7400			0.7400		0.7834	0.5797
Union	0.7111	Reval	0.6036	0.6650	0.0614	0.9645	0.6414
Vance	0.9200	Reval	0.8019	0.7980	(0.0039)	1.0000	0.7980
Wake	0.6780	Reval	0.5090	0.5340	0.0250	0.9991	0.5335
Warren	0.8400			0.9200	0.0800	0.5996	0.5516
Washington	0.7900			0.7900		0.8607	0.6800
Watauga	0.3130			0.3130		0.7838	0.2453
Wayne	0.7640			0.7640		0.8281	0.6327
Wilkes	0.5700			0.5700		0.9297	0.5299
Wilson	0.7600	Reval	0.6800	0.7300	0.0500	1.0000	0.7300
Yadkin	0.7600			0.7600		0.8542	0.6492
Yancey	0.5000	Reval	0.3339	0.4500	0.1161	0.9974	0.4488

Summary:
Increases = 14
Revaluation & Increase = 11
Revaluation, Revenue Neutral = 3
Revaluation & Decrease = 2
Decreases = 4
No change = 67
Average rate = $0.6322
Average increase = $0.0096
Highest rate = $1.0200
Largest increase = $0.1161
Lowest rate = $0.2300
Largest decrease = $0.0400

Note: For counties who went through property revaluation this year, the Association used the county’s published revenue neutral rate when calculating any change for 2008-09.

* Chowan County raised its property tax rate for 2008-09 to .65 on Aug. 14 due to a local budget crisis.