Old North News

In 2020, North Carolina collected $1.3 million in death and gift taxes, ranking it 18th in the United States, according to the U.S. Census Bureau's Annual Survey of State Government Tax Collections (STC).

Crimson Eagle Enterprise LLC acquires 614 Dakota Ave., Kannapolis

On July 6, Crimson Eagle Enterprise LLC purchased a home at 614 Dakota Ave., Kannapolis from Angela and Latta Baucom, Jeffery, Joseph, Moira and Molly Sills and Vellie H. Sills (estate) for $220,000.

David Frederick and Debra Beaty and Frances Bullard Scott sell 1001 Tom Sadler Road, Charlotte

The home at 1001 Tom Sadler Road, Charlotte was sold on July 6 by David Frederick and Debra Beaty and Frances Bullard Scott for $275,000. The buyer was Shi Homes Inc..

North Carolina collected 7.4% less in motor fuels sales tax in 2020

Of the $28.3 billion in taxes collected by North Carolina in 2020, $1.9 billion came from motor fuels sales tax, a 7.4 percent decrease from the previous year, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

Fayetteville nonfarm payroll employees decrease by 2.8% since June 2021

The number of employees on nonfarm payrolls for July 2021 in the Fayetteville metropolitan statistical area was 124,000, a 2.8 percent decrease from the previous month, according to the U.S. Bureau of Labor Statistics.

North Carolina collected $752.1 million in taxes on general corporation licenses in 2020

Of the $28.3 billion in taxes collected by North Carolina in 2020, 2.7 percent, or $752.1 million, came from taxes on general corporation licenses, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

North Carolina ranks 38th in the U.S. for the most other taxes paid in 2020

In 2020, North Carolina collected $97.7 million in other taxes, ranking it 38th in the United States, according to the U.S. Census Bureau's Annual Survey of State Government Tax Collections (STC).

North Carolina taxes on amusements licenses unchanged in 2020

Of the $28.3 billion in taxes collected by North Carolina in 2020, $177,000 came from taxes on amusements licenses, nearly the same amount as in the previous year, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

North Carolina ranks 17th in the nation for public pension contributions

North Carolina received $3,528,005 in public pension contributions, ranking it 17th in the United States, according to the U.S. Census Bureau’s Annual Survey of Public Pensions.

Fayetteville sees 127,600 nonfarm payroll employees in June

The number of employees on nonfarm payrolls for June in North Carolina's Fayetteville metropolitan statistical area was 127,600, according to the U.S. Bureau of Labor Statistics.

15 people die in North Carolina from chronic lower respiratory disease in week ending May 15

There were 15 deaths with chronic lower respiratory disease listed as the underlying cause reported in North Carolina during the week ending May 15, an increase over the previous week.

Rental vacancies in North Carolina up 1.1% from Q3 to Q4 2018

Rental vacancies in North Carolina were 7.4 percent in the fourth quarter of 2018, an increase of 1.1 percent over the previous quarter, according to the U.S. Census Bureau.

Average VA Purchase Loan amount in North Carolina increases from Q4 2020 to Q1

The average VA Purchase Loan amount for North Carolina in the first quarter of fiscal year 2021 was $271,078, according to figures provided by the Veterans Affairs Home Loans Index

Average VA home loan amount in North Carolina falls in Q2

The average VA loan amount in North Carolina during the second quarter of the fiscal year 2021 was $249,725, a 1.2 percent decrease from the previous quarter, according to the Veterans Affairs Home Loans Index.

Durham-Chapel Hill sees 323,100 nonfarm payroll employees in June

The number of employees on nonfarm payrolls for June in North Carolina's Durham-Chapel Hill metropolitan statistical area was 323,100, according to the U.S. Bureau of Labor Statistics.

Durham-Chapel Hill nonfarm payroll employees decrease by 0.5% since June 2021

The number of employees on nonfarm payrolls for July 2021 in the Durham-Chapel Hill metropolitan statistical area was 321,500, a 0.5 percent decrease from the previous month, according to the U.S. Bureau of Labor Statistics.

Rental vacancies in North Carolina up 0.1% from Q2 to Q3 2018

Rental vacancies in North Carolina were 6.3 percent in the third quarter of 2018, an increase of 0.1 percent over the previous quarter, according to the U.S. Census Bureau.

North Carolina collected $288.7 million in tobacco products sales tax in 2020

Of the $28.3 billion in taxes collected by North Carolina in 2020, 1 percent, or $288.7 million, came from tobacco products sales tax, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

11 people die in North Carolina from diabetes mellitus in week ending May 15

There were 11 deaths with diabetes mellitus listed as the underlying cause reported in North Carolina during the week ending May 15, an increase over the previous week.

Average VA Purchase Loan amount in North Carolina increases from Q2 to Q3 2020