State and local taxes in North Carolina are well balanced among corporate and individual taxpayers. Neither North Carolina nor Pitt County levies an inventory tax and the NC Legislature eliminated the intangibles tax in 1995. Also, neither Pitt County nor any of its communities levy an income tax. In North Carolina Unemployment Insurance rates and Worker’s Compensation tax rates rank among the lowest in the United States. Corporate income takes rank lower than in many states with a rate of 6.9%.
The sales tax in Pitt County as of April 1, 2008 is 7% ( 4.25% state and 2.75% local).
The Pitt County Development Commission also documents that most industrial sites in Pitt County lie outside the corporate limits of cities/town and are subject to County taxes only.
According to the Pitt County Development Commission, Greenville and Pitt County Real Estate Taxes combined on a 1,800 sq. ft., $175,000 home are $2,223 per year.
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