Considering a move to Union County North Carolina and want to know about the property taxes?
If you are from a high property tax state, one of the first questions you will ask me about my listings is "What are the property taxes?" Union County NC has just gone through the process of revaluing every property, setting the local county and town budgets for 2008, and then setting a 2008 tax rate to fund the budget.
How did Union property owners fare in this process?
Our taxes will be higher this year because of the vigorous appreciation since the last revaluation and because local governments took the opportunity in a non-election year to set the rates a bit above revenue-neutral. Even with the tax increases, I think that many out-of-state buyers will be happy when comparing their own taxes with ours.
Estimated 2008 Taxes on a $200,000 Property in Selected Union County Towns
Unincorporated Union County $1330
Stallings $1770
Lake Park $1750
Indian Trail $1620
Weddington $1390
Waxhaw $2010
Monroe $2320
Wesley Chapel $1363
Marvin $1430
What About City of Charlotte and the Mecklenburg County Towns of Matthews and Mint Hill?
City of Charlotte $2594
Matthews $2342
Mint Hill $2227
Mecklenburg County will reassess its property values in 2009 so look for a wider gap in annual property taxes between Union and Mecklenburg next year after Mecklenburg's process is complete.
Want to know more about Union County and its small towns? Visit www.CarolinaSmallTownLiving.com.
Comments(0)