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Taxes in Winston-Salem, North Carolina

Complete tax guide for Winston-Salem, NC. State income tax up to 4.5%, 0.8% property tax, 7% sales tax. Calculate your total tax burden.

State Income Tax

4.5%

North Carolina

Property Tax

0.8%

Effective rate

Sales Tax

7%

Combined rate

Tax Burden

Low

Winston-Salem, NC Tax Overview

Population

249,545

Median Income

$46,815

Cost of Living

86.8 (100 = avg)

State Income Tax

4.5%

Median Home Price

$195,000

Winston-Salem Tax Calculator

Pre-filled with Winston-Salem median: $46,815

Total Tax Burden in Winston-Salem

$9,267

Take-Home: $37,548 · Effective Rate: 19.80%

Federal Tax

$3,579

7.65% eff.

NC State

$2,107

4.50% eff.

FICA

$3,581

7.65% eff.

Take-Home

$37,548

80.20% kept

Tax Breakdown

Take-Home 80.20%
NC
FICA
Take-Home Federal Tax NC State Tax FICA
ItemAnnualMonthly
Gross Income$46,815.00$3,901.25
Federal Income Tax-$3,579.30-$298.28
North Carolina State Tax-$2,106.67-$175.56
Social Security (6.2%)-$2,902.53-$241.88
Medicare (1.45%)-$678.82-$56.57
Take-Home Pay$37,547.68$3,128.97

Property Tax in Winston-Salem

Median Home

$195,000

Annual Tax

$1,560

Monthly Tax

$130

Effective Rate

0.8%

vs. National Average (1.1%)$-585/yr
Median Property Tax Paid$1,560/yr

Sales Tax in Winston-Salem

Combined Rate

7%

State Portion

~4.5%

Local Portion

~2.5%

The combined sales tax rate in Winston-Salem 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 TypeWinston-SalemNorth Carolina AvgNational Avg
Income Tax4.5%4.5%4.6%
Property Tax0.8%~0.8%1.1%
Sales Tax7%~7%7.12%
Overall BurdenLowModerate

Tax Saving Tips for Winston-Salem 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 Winston-Salem (0.8%) 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 Winston-Salem, NC?

Winston-Salem, North Carolina has a state income tax rate up to 4.5%. The property tax rate is 0.8% and the combined sales tax rate is 7%.

How much is property tax in Winston-Salem?

The effective property tax rate in Winston-Salem is 0.8%. On the median home price of $195,000, this equals approximately $1,560 per year or $130 per month. This is below the national average of 1.1%.

What is the sales tax rate in Winston-Salem?

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

How does Winston-Salem's tax burden compare to other cities?

Winston-Salem has a low overall tax burden. The effective total tax rate for a median-income household is approximately 25.4%. The combination of 4.5% state income tax, 0.8% property tax, and 7% sales tax determines the total burden. Cost of living index is 86.8 (100 = national average).

Are there any local taxes in Winston-Salem?

Winston-Salem 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).