The levy imposed on actual property inside a selected North Carolina county funds important native companies comparable to schooling, public security, infrastructure upkeep, and county administration. This cost is often calculated primarily based on the assessed worth of the property and expressed as a proportion or greenback quantity per $100 of valuation. For instance, a charge of 0.75% would imply an annual tax of $750 for a property assessed at $100,000.
Secure and predictable income streams generated by these levies are essential for native governments to keep up service ranges and plan for future wants. Historic information on these charges can present insights into native authorities fiscal insurance policies and financial tendencies. Understanding how these charges are decided, collected, and utilized offers residents with helpful context for taking part in native governance and making knowledgeable selections concerning property possession.