Indian Trail is a suburban town in Union County, North Carolina, United States.
Founded on March 12, 1861, the town holds a history of traders traveling along the "Indian Trail," which ran from Petersburg, Virginia, to the Waxhaw Indians, and gold mining. Indian Trail was first a farming community; however, German and Scot-Irish settlers began to move into the area due to its geographical location. In 1874, the Seaboard Coast Line Railroad was built between the cities Charlotte, North Carolina and Monroe, North Carolina.
The railroad, which runs through the town, brought prosperity to the area. Indian Trail was incorporated as a town in 1907, with established city limits based upon a one-half mile radius from the intersection of Indian Trail Road and the Seaboard Railroad. Indian Trail has grown rapidly in the 21st Century: a 2011 CNN article stated that Indian Trail's census count jumped from 1,942 in 1990 to 33,518 in 2010. Every Fourth of July the town holds an annual parade which is one of the biggest parades in the Charlotte metropolitan area.
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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