At a Glance
Low cost of doing business
- 3.0% NC Corporate Income Tax rate
- 5.499% NC Individual Income Tax rate
- Davidson County Cost of Living Composite Index is 88.8
- Combined NC and Davidson County Sales tax of 6.75% - among the lowest in the U.S.
- No inventory tax
- Right-to work state (non-union)
- Personal Property Tax Rate among lowest in the southeast U.S.