2011 Durham County, NC Property Taxes
How Much Does it Cost to Live in Durham County, NC?
When thinking about buying a new home in Durham County, you'll want to know how much Durham County property taxes cost.
Durham, known as the "City of Medicine," is home to the Durham Bulls and Duke University. Durham also serves as one of the corners of the Research Triangle Park, along with Chapel Hill and Raleigh.
Find Out What District Your New Durham Home is Located In
Ask your real estate agent what district number the property resides in. You could have a Raleigh, Durham, Eno, Mangum, or Chapel Hill street address within Durham County.
Click on the link below to enter the address and find out the tax district: Durham County Address Check for Property Tax Rate.
This chart shows the 2011/2012 Durham County property tax rates. If you are relocating to a home inside a town, the tax rate will be slightly higher. If your new home will be outside of town boundaries, the tax rate can be extremely low.
Check the Tax Rate Tables for the Property Tax Rate for Your District or Town in Durham County NC
The county rate gets combined with either the fire district rate or the town rate, depending on where the home for sale is located.
OK - But What Will I Actually Pay in Durham County Property Taxes?
What do all those little numbers mean? It's actually not as hard as it looks.
- Take the assessed value of the property.
- Divide by 100.
- Multiply by the tax rate.
This will give you the yearly tax amount, per 2011/2012 rates.
And just to give you an idea, here's a table of sample yearly tax payments for different sample assessed home values.
You can also visit the Durham County Property Tax page to get the most up-to-date tax tables or tax information for the City of Durham.
As you can see, a City of Durham location will be the most expensive property tax location to live in Durham County, following closely by the City of Chapel Hill.
How Do I Find Out the Assessed Value of My Durham County Home?
If there's a particular home that you're considering, you can go directly to the Durham County Tax Administration Records site, type in the address, and see the assessed value of the property.
What if the Assessed Value is Different From the Sales Price?
If there is a discrepancy between the assessed value and the asking price of the home or lot, don't be afraid to ask your real estate agent to pull comps for you. Assessed values are not always aligned well with market values, as assessments are often made several years apart.
All North Carolina counties are required to conduct a revaluation at least once every eight years. Durham County was reassessed on January 1, 2008, and the new assessed values went into affect in Summer 2008.
Want to Compare Property Taxe Rates?
Compare property tax rates in Durham County to other counties in the area here:
Alamance County Property Tax Rates 2011
Cumberland County NC Property Tax Rates 2011
Chatham County NC Property Tax Rates 2011
Franklin County NC Property Tax Rates 2011
Granville County NC Property Tax Rates 2011
Johnston County NC Property Tax Rates 2011
Harnett County NC Property Tax Rates 2011
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