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City / County Tax Structure

Property Taxes City County
Rate Per $100 Value $2.60 $2.8705
Outside City $3.2629
Ratio per Assessment
Residential 25% 25%
Industrial 40% 40%
Personal (Equipment) 30% 30%
  • State Sales Tax: 7%
  • Local Sales Tax: 2.75%
  • No state taxes on wages
  • No inventory tax on finished goods or goods in process
  • No sales tax on qualified industrial machinery and distribution/warehouse equipment
  • An excise tax credit
  • A job tax credit
  • No tax on services