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New Hill
New Hill
North Carolina
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New Hill is an unincorporated community located in southwestern Wake County, North Carolina, at the crossroads of old U.S. 1(State Road 1011, running northeast-southwest), New Hill-Olive Chapel Road (running north) and New Hill-Holleman Road (running south). New Hill is located along the original alignment of the New Hope Valley Railway between Durham and Bonsal. The community is near the southern terminus of the American Tobacco Trail. It is also the location of Progress Energy's Shearon Harris nuclear power plant and the associated Harris Lake recreation center. A regional wastewater reclamation project is currently planned for the area. The project was opposed by local residents who believed that placing the facility in the middle of their community would adversely impact their way of life. A settlement was reached in early 2011 between the towns building the plant and the New Hill community. The Samuel Bartley Holleman House and New Hill Historic District are listed on the National Register of Historic Places.

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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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