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Agenda - 06-03-2008-3b
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Agenda - 06-03-2008-3b
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Last modified
8/29/2008 8:05:33 PM
Creation date
8/28/2008 10:20:18 AM
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BOCC
Date
6/3/2008
Document Type
Agenda
Agenda Item
3b
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Minutes - 20080603
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\Board of County Commissioners\Minutes - Approved\2000's\2008
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Orange County: Buckhorn Village <br />To give another perspective to the numbers above, a review of per capita statistics were <br />analyzed. Orange County's retail sales and retail sales tax collections are near the bottom of the <br />group with only Chatham and Johnston Counties being lower. Alamance County's per capita <br />sales and tax collections are the neat highest after Orange County. This table reflects, as the ones <br />above, that the Alamance/Orange County retail marketplace is not saturated and is leaking retail <br />dollars. <br />2006-2007 Taxable Retail Sales and Sales Tag Collections Per Capita <br />County Sales Tax <br />Collections Retail Sales <br />Orange $335.20 $7,610.88 <br />Alamance $414.97 $9,492.57 <br />Chatham $221.11 $5,036.69 <br />Durham $652.81 $14,905.69 <br />Wake $609.23 $13,878.67 <br />Cabarrus $516.44 $11,793.78 <br />Johnston $318.24 $7,283.50 <br />Source: NC Department of Revenue, Sales and Use Tax Statistics <br />The consulting team examined per capita, median household, and median household <br />disposable income to ascertain the income differentials impact. The table below shows the <br />income levels of the seven counties. Orange County's per capita income is the second highest; <br />however, median household and median household disposable income are in the middle of the <br />group with Durham, Wake, and Cabarrus Counties all higher. <br />2007 Income Information <br />County Per Capita Median <br />Household <br />Income Median <br />Household <br />Disposable <br />Income <br />Oran e $35,229 $54,157 $42,268 <br />Alamance $24,308 $48,368 $37,983 <br />Chatham $28,802 $53,182 $41,106 <br />Durham $30,245 $55,861 $43,333 <br />Sanford Holshouser 13 <br />
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