Monroe, North Carolina — Tax Burden
What is the tax burden in Monroe, North Carolina?
Monroe, North Carolina has a total tax burden of 9.47%, ranking #4016 nationally. Property tax rate: 0.73%, state income tax: 4.500%, sales tax: 6.98%. Median household income is $63,982.
Source: US Census ACS, 2022
Ranked #4016 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
9.47%
Rank: 4016th nationally
Property Tax Rate
0.73%
Rank: 4901st nationally
Income Tax Rate
4.500%
North Carolina state rate
Sales Tax Rate
6.98%
State + local combined
Tax Burden Breakdown
Property (28%)Income (48%)Sales (24%)
Median Income: $63,982
Median Home Value: $234,300
Median Property Tax: $1,705/yr
Population: 34,897