Calculate using real Durham data. Median home price: $340,000. Property tax rate: 1.06%.
The effective property tax rate in Durham, NC is 1.06%. On the median home value of $340,000, that equals approximately $3,604 per year.
At the 1.06% effective rate, a $340,000 home in Durham, NC would pay about $3,604 annually, or $300 per month.
The 1.06% rate in Durham, NC is near the national average of roughly 1.1%.