BUSINESS | TAXES & INCENTIVES

Local Taxes
County: HENDERSON
Property Tax
CITY
COUNTY
Rate per $100 Value
$0.86
$2.29
Ratio Of Assessment
CITY
COUNTY
Residential
25%
25%
Industrial
40%
40%
Personal (Equipment)
30%
30%
Inventory Tax (Raw Materials Only)
CITY
COUNTY
Bonded Debt
$5,000,000
$25,000,000
Assessed Valuation
$64,621,370
$261,000,000
School Tax
$0.00
$0.00
Sales Tax
0.00%
2.75%
Hotel-Motel Tax
0.00%
0.00%
State Taxes
Standard
7%
Food & Food Ingredients (Human Consumption)
6%
Income Tax
Personal
6% on Interest & Dividends
Excise
6.5% of Net Earnings
Franchise
Rate Per $100 of Capital Properties
$0.25
Unemployment Tax
New Employers
2.7% of first $7,000
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