Taxes & Incentives

Growing companies find compelling reasons to do business in Garner. Regardless of your business focus, Garner's pro-business attitude and competitive business environment are ideally suited for manufacturing, retail or commercial development. By partnering with Wake County and state leaders, Garner encourages strategic economic development opportunities and a host of incentives and cost-saving initiatives

Tax Information

Property located within the Town of Garner corporate limits is taxed at the rate of $0.49 per $100 of assessed valuation. Property is also subject to the Wake County tax rate, which is $0.534 per $100 of assessed valuation.

Real property is appraised every eight years and assessed a tax on the basis of 100 percent of the property's true market value. The next assessment will occur in 2016. For more information, contact the Wake County Revenue Department at 919-856-5400 or at www.co.wake.nc.us.

Incentives for Qualifying Businesses

With a reputation as a pro-business state, North Carolina is a strong competitor for manufacturing and corporate facilities. In recent years, state and local government officials have sought to maintain that competitive position by offering aggressive incentive programs designed to reduce start-up costs and minimize long-term costs.

A combination of tax credit and cash grant programs are available at the state and local levels to meet the needs of most companies. For information on state and regional incentives available to qualifying businesses, contact the North Carolina Department of Commerce at 919-733-4151 or www.investnc.com. For information on local incentives, contact Garner Economic Development Director Tony Beasley at 919-773-4405 or tbeasley@garnernc.gov.