27712 Property Tax Rate

Property owners in ZIP code 27712 (Durham, North Carolina) pay a median of $2,863/year in property taxes on homes valued at $324,400. This translates to an effective tax rate of 0.88%, which is 24% above the North Carolina state average of 0.71%.

The monthly property tax burden for a median-valued home in 27712 is approximately $239, which factors into escrow payments on mortgages. This ZIP code is located within Durham County. This is $1,272 more than the North Carolina average of $1,591/year.

Compared to similar ZIP codes in North Carolina, 27712 has lower property taxes. ZIP codes with similar effective rates include 27820 (0.88%) and 27605 (0.88%).

In Durham, property taxes represent approximately 3.1% of the median household income of $91,190, providing context for the relative tax burden on homeowners in this area.

North Carolina conducts countywide revaluations every four years based on fair market value, not at purchase — Durham County's next revaluation (2024) established values through 2027. Durham County offers a $25,000 Homestead Property Tax Exclusion for primary residences — apply with the Durham County Tax Assessor within 30 days of your purchase to qualify for the exemption. File your homestead exemption at the Durham County Tax Assessor's office and request a confirmation letter indicating the $25,000 exclusion amount for your records.