Durham, NC — income, home value, property tax, and sales tax.
In ZIP code 27705, which takes in part of Durham, homes carry a median value of $455,000 while the county-level effective property tax rate sits at 0.79%. That works out to a meaningful annual bill against a median household income of $73,066, though per-capita income of $53,574 shows some earning depth beneath the household figure. Sales taxes add 8.00% at checkout, trimming what buyers keep from each paycheck. The gap between home prices and household earnings shapes who can buy here, and the property tax bill follows ownership year after year.
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