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Taxes in High Point, North Carolina

Complete tax guide for High Point, NC. State income tax up to 4.5%, 0.82% property tax, 6.75% sales tax. Calculate your total tax burden.

State Income Tax

4.5%

North Carolina

Property Tax

0.82%

Effective rate

Sales Tax

6.75%

Combined rate

Tax Burden

Very Low

High Point, NC Tax Overview

Furniture capital of the world

Population

114,059

Median Income

$42,218

Cost of Living

84.3 (100 = avg)

State Income Tax

4.5%

Median Home Price

$180,000

High Point Tax Calculator

Pre-filled with High Point median: $42,218

Total Tax Burden in High Point

$8,157

Take-Home: $34,061 · Effective Rate: 19.32%

Federal Tax

$3,028

7.17% eff.

NC State

$1,900

4.50% eff.

FICA

$3,230

7.65% eff.

Take-Home

$34,061

80.68% kept

Tax Breakdown

Take-Home 80.68%
NC
FICA
Take-Home Federal Tax NC State Tax FICA
ItemAnnualMonthly
Gross Income$42,218.00$3,518.17
Federal Income Tax-$3,027.66-$252.30
North Carolina State Tax-$1,899.81-$158.32
Social Security (6.2%)-$2,617.52-$218.13
Medicare (1.45%)-$612.16-$51.01
Take-Home Pay$34,060.85$2,838.40

Property Tax in High Point

Median Home

$180,000

Annual Tax

$1,476

Monthly Tax

$123

Effective Rate

0.82%

vs. National Average (1.1%)$-504/yr
Median Property Tax Paid$1,476/yr

Sales Tax in High Point

Combined Rate

6.75%

State Portion

~4.3%

Local Portion

~2.5%

The combined sales tax rate in High Point is 6.75%, which is below the national average of 7.12%. On a $100 purchase, you would pay $6.75 in sales tax.

Tax Burden Comparison

Tax TypeHigh PointNorth Carolina AvgNational Avg
Income Tax4.5%4.5%4.6%
Property Tax0.82%~0.82%1.1%
Sales Tax6.75%~6.75%7.12%
Overall BurdenVery LowModerate

Tax Saving Tips for High Point Residents

  • North Carolina's income tax rate of 4.5% is competitive. You may still benefit from maximizing 401(k) contributions ($23,500 limit) to reduce your taxable income at both state and federal levels.
  • Property tax in High Point (0.82%) is below the national average of 1.1%. This makes homeownership more affordable here relative to property tax burden.
  • Use a Health Savings Account (HSA) if eligible. Contributions are tax-deductible ($4,300 individual, $8,550 family), growth is tax-free, and withdrawals for medical expenses are tax-free.

Calculate Your Full North Carolina Tax Burden

See detailed state tax brackets, FICA breakdown, and compare to neighboring states.

Frequently Asked Questions

What are the tax rates in High Point, NC?

High Point, North Carolina has a state income tax rate up to 4.5%. The property tax rate is 0.82% and the combined sales tax rate is 6.75%. Furniture capital of the world

How much is property tax in High Point?

The effective property tax rate in High Point is 0.82%. On the median home price of $180,000, this equals approximately $1,476 per year or $123 per month. This is below the national average of 1.1%.

What is the sales tax rate in High Point?

The combined sales tax rate in High Point is 6.75%, which includes both state and local components. This is below the national average combined rate of approximately 7.12%.

How does High Point's tax burden compare to other cities?

High Point has a very low overall tax burden. The effective total tax rate for a median-income household is approximately 23.5%. The combination of 4.5% state income tax, 0.82% property tax, and 6.75% sales tax determines the total burden. Cost of living index is 84.3 (100 = national average).

Are there any local taxes in High Point?

High Point does not impose a separate local or city income tax. Residents pay the state income tax of 4.5%, federal income tax, and FICA (Social Security and Medicare). Furniture capital of the world