Among the five largest cities in North Carolina, Greensboro ranks in the middle of the comparison for homeowner costs when combining county and city property taxes and fees. The ranking comes as part of the City of Greensboro Budget and Evaluation Department’s annual comparison of property tax rates and major user fees.
When comparing Greensboro to Charlotte, Raleigh, Winston-Salem and Durham, the Gate City ranks third with a combined city and county taxes and fees average of $2,558 (based on an assessed property value of $150,000). The highest was Durham at $2,751, followed by Charlotte at $2,660. Winston-Salem ($2,457) and Raleigh ($2,519) ranked first and second.
While Greensboro’s (63.25 cents) and Guilford County’s (76 cents) combined tax rate was the highest of the five respective cities at 1.3925, the average annual water/sewer fee of $417 and the average of other city fees of $52 was the lowest of the comparison cities. The Greensboro/Guilford combined tax rate is the only rate among the cities that has been reduced since FY 2012-13.
The annual report compiled by the City compares total household costs of government, including municipal taxes, water and sewer charges, stormwater charges and other user fees. County taxes are overlaid for a representative household in Greensboro and other peer cities in the state.
The “Current Property Tax and User Fee Report” is available online at www.greensboro-nc.gov/TaxComparison.