Taxes

Corporate, property and income tax rates are an important factor when deciding where to do business. We think you’ll be pleasantly surprised.

$0.35
Property tax

Lowest in Wake CountyCompare property tax with other towns

3%
Corporate tax rate

In 2017Compare corporate tax with other states

5.75%
Individual income tax rate

Down from 7.75% in 2013Compare individual tax with other states

Not many states can boast about their tax structures. Our state’s corporate income tax rate is the lowest in the Southeast. North Carolina has one of the lowest state and local business tax burdens and one of the lowest effective tax rates for mature corporate headquarters.