The City of Durham has maintained low property tax rates in spite of rising costs.
| Tax Rates | Total Tax Levies | |||||||
|---|---|---|---|---|---|---|---|---|
| Year | City | County | Combined | Year | City | County | Combined | |
| 1994 | $0.7695 | $1.1140 | $1.8835 | 1994 | $44,210,486 | $61,744,601 | $105,955,087 | |
| 1995 | 0.6710 | 0.8930 | 1.5640 | 1995 | 46,141,297 | 94,187,955 | 140,329,252 | |
| 1996 | 0.6810 | 0.9427 | 1.6237 | 1996 | 47,670,688 | 110,440,670 | 158,111,358 | |
| 1997 | 0.6800 | 0.9427 | 1.6227 | 1997 | 49,771,576 | 112,646,264 | 162,417,840 | |
| 1998 | 0.6800 | 0.9597 | 1.6397 | 1998 | 56,025,475 | 117,475,759 | 173,501,234 | |
| 1999 | 0.6800 | 0.9597 | 1.6397 | 1999 | 59,499,131 | 58,749,780 | 118,248,911 | |
| 2000 | 0.6800 | 0.9297 | 1.6097 | 2000 | 65,075,207 | 127,318,614 | 192,393,821 | |
| 2001 | 0.6800 | 0.9297 | 1.6097 | 2001 | 69,248,888 | 130,126,495 | 199,375,383 | |
| 2002 | 0.6800 | 0.9297 | 1.6097 | 2002 | 74,641,232 | 136,643,848 | 211,285,080 | |
| 2003 | 0.5340 | 0.7290 | 1.2630 | 2003 | 78,501,801 | 148,904,124 | 227,405,925 | |
| 2004 | 0.5450 | 0.7530 | 1.2980 | 2004 | 81,438,565 | 154,410,434 | 235,848,999 | |
| 2005 | 0.5380 | 0.7900 | 1.3280 | 2005 | 90,015,389 | 163,928,732 | 253,944,121 | |
| 2006 | 0.5830 | 0.8090 | 1.3920 | 2006 | 94,372,681 | 174,339,744 | 268,712,425 | |
| 2007 | 0.5830 | 0.8090 | 1.3920 | 2007 | 101,034,871 | 180,383,763 | 281,418,634 | |
| 2008 | 0.6030 | 0.8340 | 1.4370 | 2008 | 105,016,277 | 190,132,554 | 295,148,831 | |
| Source: Durham Tax Assessor | Source: Durham Tax Assessor | |||||||