Durham County NC Property Taxes - How to Find out How Much You'll Pay
View updated North Carolina county property tax information
Whether you're considering relocating from one side of the Triangle to the other, are relocating to Fort Bragg, or are coming to the Raleigh area from Florida, New Jersey, New York, or elsewhere, you've probably wondered what the yearly property taxes might be for your new home.
A Little About Durham County
Durham County is just west of Wake County, and has just one major city, Durham.
There are also smaller communities such as Bethesda, Gorman, and Oak Grove. Durham is the north corner of the "Triangle", which consists of Raleigh, Durham, and Chapel Hill. Falls Lake State Park is a great recreation area, located on the northeast side of the county. Find out more about Durham County here.
So What Are Durham County's Property Tax Rates?
Here are the 2007-08 rates, by town and fire district. To get the total property tax rate, you'll first need to find out which district the home will be in.
It's not as confusing as it looks. The tax rates are based on the assessed value of the home, not the asking price.
- Divide the assessed value by 100.
- Multiply the result by the rate on the right side of the table.
- The result will be your yearly property tax bill, as of 2007.
This table gives sample property tax bills for all the towns and fire districts in Durham County. Your tax bill can be lower if your home or property is not actually within a municipality, or town.
For 2007, the district tax rates vary from .78 to 1.44. There is no guarantee that tax rates will remain the same - check the Durham County Property Tax page for most recent information.
When looking at properties, don't take the "city" address for granted - you could be in a different county, with different tax rates, depending on where exactly the property is located.
How Do I Find Out the Assessed Value of My 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. Durham County was reassessed on January 1, 2008, and the new assessed values are to go into effect in the summer of 2008.
How Do Durham County Property Tax Rates Compare to Other Counties?
Looking to compare the property tax rates of different areas of the Triangle?
Alamance County Property Tax Rates 2011
Cumberland County NC Property Tax Rates 2011
Chatham County NC Property Tax Rates 2011
Durham 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
Orange County NC Property Tax Rates 2011
Wake County NC Property Tax Rates 2011
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