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