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How to Calculate My Tax Bill

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To calculate the tax bill for your home, let’s assume you have a house with a taxable value of $100,000 located in the City of Durham. The City/County combined current tax rate for 2018-2019 in the corporate limits of Durham City is $1.3565 per hundred dollars of assessed value. To calculate the tax bill, multiply the assessed value by the tax rate $1.3565 per hundred dollars of assessed value: $100,000 (Assessed Value) x .013565 (Tax Rate) = $1,356.50 (Tax Bill) taxes for the 2018-19 fiscal year.