| MUNICIPALITY | POPULATION | LAND AREA (4) | '07 PROPERTY TAX (2) | '09 PROPERTY TAX (2) | COST OF LIVING (5) |
| Holly Springs | 20,430 (3) | 7.49 | 0.530 | 0.415 (2a) | 0.845 |
| Apex | 31,599 | 10.5 | 0.400 | 0.340 | 0.870 |
| Cary | 121,796 | 42.1 | 0.420 | 0.330 | 0.854 |
| Fuquay-Varina | 15,394 | 6.83 | 0.520 | 0.385 | 0.846 |
| Garner | 25,343 | 12.8 | 0.575 | 0.490 | 0.851 |
| Wake Forest | 25,329 | 7.8 | 0.550 | 0.510 | 0.851 |
| Wake County | 832,970 | 832 | 0.678 | 0.534 | 0.860 |
*Based on 2007 statistics with 2009 property tax comparison
(2) Based on per $100 evaluation of property.
(2a) Reduction in tax rate was made after a property reevaluation increase. This decrease was revenue neutral, but did lower the tax rate benchmark with no reduction in services. An indicator of the positive effect of growth on the community, especially Novartis' influence on the economy.
(3) Holly Springs 2009 population is approximately 24,862
(4) Square miles
(5) U. S. average cost of living is 100
Sources: Wake County Government; http://www.city-data.com/
For more detailed information:
2009 WAKE MUNICIPALITIES RATE STUDY (Comparative Study of Wake County Municipalities)
TOWN OF HOLLY SPRINGS' BUDGETS (Approved budgets from 2007 through 2010)
HOLLY SPRINGS HONORS AND RECOGNITIONS (How Holly Springs compares nationwide)
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