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Taxes in Wilmington, North Carolina

Complete tax guide for Wilmington, NC. State income tax up to 4.5%, 0.71% property tax, 7% sales tax. Calculate your total tax burden.

State Income Tax

4.5%

North Carolina

Property Tax

0.71%

Effective rate

Sales Tax

7%

Combined rate

Tax Burden

Low

Wilmington, NC Tax Overview

Coastal city; film industry

Population

120,328

Median Income

$49,723

Cost of Living

99.5 (100 = avg)

State Income Tax

4.5%

Median Home Price

$310,000

Wilmington Tax Calculator

Pre-filled with Wilmington median: $49,723

Total Tax Burden in Wilmington

$9,970

Take-Home: $39,753 · Effective Rate: 20.05%

Federal Tax

$3,928

7.90% eff.

NC State

$2,238

4.50% eff.

FICA

$3,804

7.65% eff.

Take-Home

$39,753

79.95% kept

Tax Breakdown

Take-Home 79.95%
NC
FICA
Take-Home Federal Tax NC State Tax FICA
ItemAnnualMonthly
Gross Income$49,723.00$4,143.58
Federal Income Tax-$3,928.26-$327.35
North Carolina State Tax-$2,237.54-$186.46
Social Security (6.2%)-$3,082.83-$256.90
Medicare (1.45%)-$720.98-$60.08
Take-Home Pay$39,753.40$3,312.78

Property Tax in Wilmington

Median Home

$310,000

Annual Tax

$2,201

Monthly Tax

$183

Effective Rate

0.71%

vs. National Average (1.1%)$-1,209/yr
Median Property Tax Paid$2,201/yr

Sales Tax in Wilmington

Combined Rate

7%

State Portion

~4.5%

Local Portion

~2.5%

The combined sales tax rate in Wilmington is 7%, which is below the national average of 7.12%. On a $100 purchase, you would pay $7.00 in sales tax.

Tax Burden Comparison

Tax TypeWilmingtonNorth Carolina AvgNational Avg
Income Tax4.5%4.5%4.6%
Property Tax0.71%~0.71%1.1%
Sales Tax7%~7%7.12%
Overall BurdenLowModerate

Tax Saving Tips for Wilmington 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 Wilmington (0.71%) 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 Wilmington, NC?

Wilmington, North Carolina has a state income tax rate up to 4.5%. The property tax rate is 0.71% and the combined sales tax rate is 7%. Coastal city; film industry

How much is property tax in Wilmington?

The effective property tax rate in Wilmington is 0.71%. On the median home price of $310,000, this equals approximately $2,201 per year or $183 per month. This is below the national average of 1.1%.

What is the sales tax rate in Wilmington?

The combined sales tax rate in Wilmington is 7%, which includes both state and local components. This is below the national average combined rate of approximately 7.12%.

How does Wilmington's tax burden compare to other cities?

Wilmington has a low overall tax burden. The effective total tax rate for a median-income household is approximately 26.5%. The combination of 4.5% state income tax, 0.71% property tax, and 7% sales tax determines the total burden. Cost of living index is 99.5 (100 = national average).

Are there any local taxes in Wilmington?

Wilmington 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). Coastal city; film industry