Belmont, North Carolina — Tax Burden
What is the tax burden in Belmont, North Carolina?
Belmont, North Carolina has a total tax burden of 10.39%, ranking #3194 nationally. Property tax rate: 0.98%, state income tax: 4.500%, sales tax: 6.98%. Median household income is $84,274.
Source: US Census ACS, 2022
Ranked #3194 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
10.39%
Rank: 3194th nationally
Property Tax Rate
0.98%
Rank: 3415th nationally
Income Tax Rate
4.500%
North Carolina state rate
Sales Tax Rate
6.98%
State + local combined
Tax Burden Breakdown
Property (35%)Income (43%)Sales (22%)
Median Income: $84,274
Median Home Value: $307,600
Median Property Tax: $3,024/yr
Population: 14,842