Durham has a population of approximately 279,106 and experiences a population change rate of 49.23%. The population density is 2,488.1 / sq mi .
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Population
Household
The median household income for Durham is $66,623, with 117,638 households and an average household size of 2.27.
Home Value
The median value of a home in Durham is $388,000 with an appreciation rate of 23.90%. 48.43% of housing in the state is owned while 44.90% is rented.
Cost of Living
The cost of living in Durham is 101.2 %.
Employment
The unemployment rate in Durham is 2.80%, and recent job growth is at 1.55%. Future job growth is projected at 47.96%.
Taxes
The sales tax rate in Durham is 7.50%, while the income tax rate is 4.99% .
Education
School expenditures in Durham are $11,612, and the school ratio is 15.1:1.
Weather
The average high temperature in July is 89 degrees, with an average low temperature in January of 29.6 degrees. The average rainfall is approximately 45.7 inches per year, with 3.7 inches of snow per year.