Asheville Taxes

If you're moving to the Asheville area, I imagine Asheville taxes are of interest to you!

I have some very good friends who only move to places without income taxes. I find that interesting because those places just seem to have higher taxes in other areas. Like New Hampshire - they have no income tax but one of the highest property taxes in the nation.

Well, the Asheville area seems to evenly distribute taxes in all areas.

Here is a list of property tax rates from 2005 through 2010 for all of Buncombe County.

One interesting piece of information about this is that if you live within the city limits, you pay the city tax plus the county tax. If you only live in the county, your property taxes are less because you only pay the county taxes.

You can check here for information about North Carolina income tax rates.

Sales tax for Buncombe County is currently 7.75 percent (as of February 2011) Two percent of that is local. Only the local tax is charged for food purchased for home consumption.

The state has two sales tax "holidays" - The first weekend in August is designed to help families with children returning to school. Anyone can benefit, though. Then, the first weekend in November, there is a tax holiday to purchase Energy Star appliances.

Motor fuels are taxed with a cap at 29.9 cents per gallon.

North Carolina has a three percent Highway Use Tax on vehicles. This tax is instead of a state sales tax and is assess when a title is transferred.

You should be able to find up-to-date information about all kinds of North Carolina at the N.C. Department of Revenue and the Asheville Area Chamber of Commerce.

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