Haywood County's 2023 to 2024 property tax rate is $0.55 per $100 valuation plus a small fire district tax. If a property lies within the corporate limits of any municipality, additional municipal taxes are charged. Haywood County sets the property tax rate each July with the adoption of its budget. The tax is based on the value of real and personal property owned in Haywood County.
North Carolina's Corporate Income Tax rate is 2.5%, the lowest in the nation among states that levy the tax. Only C-corporations or entities that opt to be taxed as C-corporations are subject to corporate income tax. The State of North Carolina collects corporate income tax.
Sales & Use Tax
The sales tax rate for Haywood County is 7%. This tax is shared between North Carolina (4.75%) and Haywood County (2.25%). Haywood County uses a portion of the sales tax revenue to support the local Community College.