Durham tax rate 2nd highest among top NC cities
05/30/2014 12:00 AM
02/15/2015 11:24 AM
According to a survey by the city of Raleigh, Durham residents who gripe about the high cost of living may have a point.
The city’s proposed property-tax rate for 2014-15 – 58.04 cents per $100 of property valuation – is the second-highest among proposed rates in North Carolina’s eight largest cities. In the Triangle, only Carrboro’s proposed rate – 58.94 cents – is higher.
Greensboro is highest at 63.25 cents. Raleigh’s contemplated rate is 40.38 cents.
Durham residents’ average annual cost of city taxes and fees, $1,776.10, is less than neighboring Chapel Hill and Carrboro, but among major cities below only Wilmington.
The survey compares costs in Wake County’s 12 municipalities, Chapel Hill and Carrboro and Asheville, Charlotte, Durham, Fayetteville, Greensboro, Wilmington and Winston-Salem.
Durham Budget Director Bertha Johnson said Raleigh administrators prepare the list each year. She gave copies to Durham City Council members in response to requests for comparative figures on tax rates and various city fees.
The survey calculates city residents’ overall costs based on the median value of Raleigh homes, $189,218, using 4,500 gallons of water a month. Total cost combines property tax, solid-waste collection, water and sewer charges and stormwater fees.
Here are the rankings with proposed property-tax rates in parentheses, as shown in Raleigh’s Customer Cost Chart:
1. Wilmington, $2,041.72 (46 cents)
2. Carrboro, $2,040.39 (58.94 cents)
3. Chapel Hill, $1,947.22 (51.40 cents)
4. Durham, $1,776.10 (58.04 cents)
5. Asheville, $1,749.88 (46 cents)
6. Greensboro, $1,691.08 (63.25 cents)
7. Raleigh, $1,654.45 (40.38 cents)
8. Cary, $1,628.20 (35 cents)
9. Charlotte, $1,628.18 (46.87 cents)
10. Fayetteville, $1,691.08 (49.80 cents)
11. Winston-Salem, $1,593.75
Editor's Choice Videos
Join the Discussion
News & Observer is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere on the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.