Orange County NC Website
Browse       Search
Taxable Real Property <br />• Includes residential, commercial (including <br />farmland and farm buildings) and industrial <br />properties <br />-For 2009, there are 51,225 total taxable <br />properties in Orange County. <br />J <br />~ k ~ <br />~~~~ o eve u~ ion n~ ~~~ <br />• !n order tv calculate the ppercentage increase in rea! property due to revaluation, staff <br />compared 2ggS values before revaluation} with 209 values rafter revaluation}. <br />• The comparison excluded some properties to make the comparison one of "apples <br />with apples," <br />• excluded properties include those that did not exist in 2gQ8 <br />properties with new construction for ~Oq9 <br />-- properties with constNCtion not previously taxed <br />- newly created property parcels <br />parcels that had use value status changes <br />• t~f the total 51,225 total taxable properties in Orange County in 2D~9, 4.8°/~, ar <br />2,454 properties, fell into one of these comparison exclusions. <br />• Staff analyzed statistics related tv the remaining 48,771 properties. <br /> <br />