Durham, NC — income, home value, property tax, and sales tax.
In ZIP code 27613, near Durham, homes carry a median value of $520,600, and the county-level property tax rate of 0.71% works out to roughly $3,696 a year on such a home. Households here earn a median of $123,966, with per-capita income at $68,977, so that tax bill equals about 3% of annual household earnings. Combined with a 7.75% sales tax, ownership costs stay proportional to what people bring in. The gap between home prices and earnings shapes how far a paycheck stretches across this part of the Durham area.
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