Finance

Taxes

Tax Structure

The Town of Youngsville provides services to its citizens in part with funding from an ad valorem property tax. This tax applies to citizens within the city limits and is in addition to Franklin County's property tax. The Town Board of Commissioners is responsible for setting the tax rate each year based on projected revenue and expenses. The table below shows the Town's property tax rates for fiscal year 2019 and over the previous nine years. We strive to keep our tax rate as low as possible and still provide needed services to our citizens. As an example, in 2019 for a homeowner within the city limits whose property is assessed at a tax value of $200,000, the annual property tax would be $1,310.00.

Current and Historical Property Tax Rates for the Town of Youngsville

Year
Rate
Year
Rate
2010
57 cents per hundred
2015
61 cents per hundred
2011
59 cents per hundred
2016
66 cents per hundred
2012
59 cents per hundred
2017
66 cents per hundred
2013
59 cents per hundred
2018
66 cents per hundred
2014
59 cents per hundred
2019
65.5 cents per hundred

Town of Youngsville - PO Box 190 - Youngsville, NC 27596 - Phone (919) 925-3401 - Fax (919) 925-3402
Email - Townyngs@townofyoungsville.org