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Old North News

Wednesday, November 6, 2024

News from July 2021

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North Carolina collected 1.2% more in general sales and gross receipts taxes in 2020

By Old North News | Jul 4, 2021

Of the $28.3 billion in taxes collected by North Carolina in 2020, $8.5 billion came from general sales and gross receipts taxes, a 1.2 percent increase over the previous year, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

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14 people die in North Carolina from Alzheimer's disease in week ending May 15

By Old North News | Jul 4, 2021

There were 14 deaths with Alzheimer's disease listed as the underlying cause reported in North Carolina during the week ending May 15, a 6.7 percent decrease from the previous week.

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North Carolina ranked 35th in average VA home loan amount in Q2

By Old North News | Jul 4, 2021

With $249,725 in loans issued, North Carolina ranked 35th in average loan amount for VA home loans in the second quarter, according to the Veteran’s Affairs Home Loans Index.

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North Carolina ranks eighth in total VA home loans during Q2

By Old North News | Jul 4, 2021

North Carolina ranked eighth in VA home loans in the second quarter of 2021 with 20,201 loans issued, according to the Veteran’s Affairs Home Loans Index.

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VA provides 5,570 home purchase loans in North Carolina in Q2

By Old North News | Jul 4, 2021

There were 5,570 VA home purchase loans issued in North Carolina in the second quarter of the fiscal year 2021 totaling $1.5 billion, according to figures provided by the Veterans Affairs Home Loans Index.

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North Carolina ranks 22nd in the U.S. for the most corporations net income taxes paid in 2020

By Old North News | Jul 4, 2021

In 2020, North Carolina collected $662.3 million in corporations net income taxes, ranking it 22nd in the United States, according to the U.S. Census Bureau's Annual Survey of State Government Tax Collections (STC).

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North Carolina’s license tax revenue up 37.1 percent in Q2 since the same quarter of the previous year

By Old North News | Jul 4, 2021

North Carolina collected $810 million in license taxes during the second quarter of 2021, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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North Carolina’s license tax revenue up 40.1 percent in Q2 since the previous quarter

By Old North News | Jul 4, 2021

North Carolina collected $810 million in license taxes during the second quarter of 2021, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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North Carolina’s sales and gross receipts tax revenue up 33.2 percent in Q2 since the same quarter of the previous year

By Old North News | Jul 4, 2021

North Carolina collected $4.1 billion in sales and gross receipts taxes during the second quarter of 2021, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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North Carolina reports $810 million in license tax revenue in Q2

By Old North News | Jul 4, 2021

North Carolina collected $810 million in license taxes during the second quarter of 2021, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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North Carolina’s sales and gross receipts tax revenue up 22.6 percent in Q2 since the previous quarter

By Old North News | Jul 4, 2021

North Carolina collected $4.1 billion in sales and gross receipts taxes during the second quarter of 2021, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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North Carolina’s combined tax revenues up 50.4 percent in Q2 since the same quarter of the previous year

By Old North News | Jul 4, 2021

North Carolina collected $11 billion in combined tax revenues, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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Home vacancies in North Carolina down 0.2 percent in Q2

By Old North News | Jul 4, 2021

North Carolina’s home vacancy rate was 0.8 percent in the second quarter of 2021, a decrease of 0.2 percent from the previous quarter, according to a U.S. Census Bureau report.

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Charlotte-Concord-Gastonia sees 1.2 million nonfarm payroll employees in June

By Old North News | Jul 3, 2021

The number of employees on nonfarm payrolls for June in North Carolina's Charlotte-Concord-Gastonia metropolitan statistical area was 1.2 million, according to the U.S. Bureau of Labor Statistics.

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North Carolina collected $48,000 in amusements sales tax in 2020

By Old North News | Jul 3, 2021

Of the $28.3 billion in taxes collected by North Carolina in 2020, less than 0.1 percent, or $48,000, came from amusements sales tax, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

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80 people die in North Carolina with COVID-19 listed as the underlying cause in week ending May 8

By Old North News | Jul 3, 2021

There were 80 deaths with COVID-19 listed as the underlying cause reported in North Carolina during the week ending May 8, a 12.7 percent increase over the previous week.

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Rental vacancies in North Carolina down 2.3% from Q1 to Q2 2018

By Old North News | Jul 3, 2021

Rental vacancies in North Carolina were 6.2 percent in the second quarter of 2018, a decrease of 2.3 percent from the previous quarter, according to the U.S. Census Bureau.

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North Carolina ranks seventh in the U.S. for the most individual income taxes paid in 2020

By Old North News | Jul 3, 2021

In 2020, North Carolina collected $12.5 billion in individual income taxes, ranking it seventh in the United States, according to the U.S. Census Bureau's Annual Survey of State Government Tax Collections (STC).

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Average VA Purchase Loan amount in North Carolina increases from Q3 to Q4 2020

By Old North News | Jul 3, 2021

The average VA Purchase Loan amount for North Carolina in the fourth quarter of fiscal year 2020 was $265,900, according to figures provided by the Veterans Affairs Home Loans Index

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North Carolina collected 11.9% less in taxes on alcoholic beverages licenses in 2020

By Old North News | Jul 3, 2021

Of the $28.3 billion in taxes collected by North Carolina in 2020, $24.5 million came from taxes on alcoholic beverages licenses, an 11.9 percent decrease from the previous year, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).