Fuquay-Varina Economic Development Commision, Inc.

Phone: (919) 753-1031 | Search

Creating Economic Prosperity in Southern Wake County

State and Local Taxes

Property Taxes

The Town of Fuquay-Varina has one of the lowest tax rates in the county at 38.5 cents per thousand. The current Wake County rate is 53.4 cents per thousand. Taxes are calculated against each $100 in value. If you live in a city or town, you will pay both County and Municipal property taxes, plus any additional special taxes that may apply.

Sales and Use Tax

7.75% (5.5% State of NC, 2.25% Wake County)

Personal Income

For the 2010 tax year, income tax rates range from 6% to 7.75% based on your taxable income and filing status.

Privilege License

If you own or operate a business in the Town of Fuquay-Varina you need a business license.  More information, including specific fees, can be found on the Finance page of the Town of Fuquay-Varina website.