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Artwork for The Middle American
The Middle American · June 3 · 42 min

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Property taxes are going up in Wake County. This is on top of a 2024 tax valuation that saw increases in tax assessed values of over 50%. Homeowners insurance is up 15% over the past two years. Auto insurance up 5%. Duke Energy is seeking an 18% increase after only recently getting a 20% increase. Increasing rates are decreasing consumer spending power as wages have not followed suit. Individually, each rate increase may not seem significant, but collectively, they are pushing an already cash-strapped middle class to their breaking point. Like the show? Shoot me a text with your thoughts Support the show

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Property taxes are going up in Wake County.  This is on top of a 2024 tax valuation that saw increases in tax assessed values of over 50%.  Homeowners insurance is up 15% over the past two years.  Auto insurance up 5%.  Duke Energy is seeking an 18% increase after only recently getting a 20% increase.  Increasing rates are decreasing consumer spending power as wages have not followed suit.  Individually, each rate increase may not seem significant, but collectively, they are pushing an already cash-strapped middle class to their breaking point.  

Like the show? Shoot me a text with your thoughts

Support the show

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