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Colfax
Colfax
North Carolina
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Colfax is a small unincorporated community located in Guilford County, North Carolina, United States. It is located at (36.11, -80.01) in the western part of the county. The community is a suburb of Greensboro and High Point and is located in the center of the Piedmont Triad. Its main attraction is the Piedmont Triad Farmers Market, where people shop for fresh food from local farmers. Its main school is Colfax Elementary, which is part of the Guilford County School System. It is also the location of one of fifteen Piano and Organ Distributors, one of the largest piano sellers in the country. In 2000, the community attempted to incorporate, but failed after a joint commission found that the proposed limits were not sufficient for incorporation under North Carolina law, lacking under the population density requirement. On June 30, 2008 the city of Greensboro annexed the main part of Colfax into the city limits and in 2010 the City if High Point annexed Southern portions of the area, though some of Colfax is still unincorporated.

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Taxes

C+

How did North Carolina earn the grade of C+? We examined the state taxes based on how age friendly they are. North Carolina has a state sales tax of 4.75%. Of particular interest is that North Carolina does not have taxes on social security. There are no estate taxes. There are no taxes imposed on inheritance. North Carolina has an effective property tax rate of 0.86%. Weighing these taxes and other taxes most likely to impact the aging population is how North Carolina earned its state tax grade of C+.

Learn more about taxes in North Carolina

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