#4 Top 10 Places to Live in 2011
RelocateAmerica, August 2011

State and Local Taxes

State of North Carolina Personal Income Tax
Personal Exemption $1,150
Standard Deduction
Married, Filing Jointly $6,000
Qualifying Widow(er) $6,000
Head of Household $4,400
Single $3,000
Married, Filing Separately $3,000

 

Household Type Income Range Income Tax Rate
Married, Filing Jointly and
Qualifying Surviving Spouses		 $0 - $21,250
$21,250 - $100,000
$100,000 +		 6%
$1,275 + 7% of amount over $21,250
$6,787.50 + 7.75% of amount over $100,000
Head of Household $0 - $17,000
$17,000 - $80,000
$80,000+		 6%
$1,020 + 7% of amount over $17,000
$5,430 + 7.75% of amount over $80,000
Single $0 - $12,750
$12,750 - $60,000
$60,000+		 6%
$765 + 7% of amount over $12,750
$4,072.50 + 7.75% of amount over $60,000
Married, Filing Separately $0 - $10,625
$10,625 - $50,000
$50,000+		 6%
$637.50 + 7% of amount over $10,625
$3,393.75 + 7.75% of amount over $50,000
Sales and Use Tax 6.75%(4.75% - State of NC, 2.00% - Wake County)

 

2011 Property Tax Rates
Wake County $0.534
Angier $0.53
Apex $0.34
Cary $0.33
Clayton $0.525
Fuquay Varina $0.385
Garner $0.49
Holly Springs $0.415
Knightdale $0.41
Morrisville $0.3665
Raleigh $0.3735
Rolesville $0.44
Wake Forest $0.51
Wendell $0.49
Zebulon $0.50

Taxes are calculated against each $100 in value.  If you live in a city or town, you will pay both County and Municipal property taxes, plus any additional special taxes that may apply.

For more information, or to determine if any special district taxes or fire district taxes apply to your specific location, please visit the Wake County Revenue Department website.

Source: Wake County Revenue Department