Operating Costs

Taxes

The local tax base of Cabarrus County is comparatively low, making the region an affordable destination. The tax base for the county is figured at $0.740/$100 of valuation.

Click here for more information on local taxes.

Click here for more information on state taxes.

The following table outlines tax rates per the five municipalities in Cabarrus County.

Municipality County Rate City/Town Rate Combined Rate
Concord 0.740 0.4800 1.2200
Kannapolis 0.740 0.6300 1.3700
Harrisburg 0.740 0.3550 1.0950
Midland 0.740 0.2200 0.9600
Mount Pleasant 0.740 0.5050 1.2450

Local and State Business Incentives

As any company looking to build or relocate in Cabarrus County needs to know, there are several tax credits, competitive grants and discretionary funds available to assist in attracting business to the region. It is these types of financial incentives and training programs that help to spur growth and create jobs by establishing a healthy and competitive environment with which to do business.

Cabarrus County — along with its municipalities and the State of North Carolina — offers competitive grants, financial assistance, and training programs for new and existing companies.

Local Grant Programs

North Carolina Incentives

For information about state incentives through the Economic Development Partnership of North Carolina, click here.

 

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