Use the Property Tax Calculator to estimate annual property tax based on property value and local tax rate.
Input your property's market value. The assessed value is calculated automatically based on your jurisdiction's assessment ratio.
Choose your US state, Canadian province, or country from the dropdown — covering 80+ locations worldwide — to auto-fill the average effective mill rate.
Enter any homestead, senior, veteran, or other exemptions that reduce your taxable assessed value before the mill rate is applied.
Instantly see your annual tax, monthly escrow amount, and a full breakdown — ready to copy, export to CSV, or print as PDF.
Results update as you type. No submit button needed — your annual tax and monthly escrow appear in real time.
Deduct homestead, senior, veteran, disability, and other exemptions from your assessed value before applying the mill rate.
Pre-loaded with effective property tax rates for every US state, Canadian provinces, UK, Europe, Asia-Pacific, Middle East, Africa, and Latin America.
Calculate taxes for residential homes, commercial properties, and land — each with its own typical assessment profile.
See your property tax broken down as a monthly payment — useful for budgeting your mortgage escrow account contributions.
All calculations run entirely in your browser. Nothing is stored, sent to a server, or tracked — ever.
Fully responsive design works seamlessly on desktop, tablet, and mobile. No app download required.
Enter any mill rate from your actual county tax bill for a precise, jurisdiction-specific estimate rather than a state average.
One-click copy, CSV download, or printable PDF export — paste directly into your budget spreadsheet, loan application, or email.
Property taxes are ad valorem taxes levied by local governments — counties, municipalities, and school districts — on real estate. They are typically the primary funding source for public schools, fire departments, roads, and local services.
Your annual bill is determined by three factors: the assessed value of your property (which may differ from its market value), the local mill rate (also called the millage rate), and any exemptions you qualify for. A mill equals $1 of tax for every $1,000 of taxable value.
Lenders typically escrow property taxes into your monthly mortgage payment. Knowing your annual tax bill up front helps you budget accurately and avoid shortfall surprises.
Property taxes can add thousands of dollars per year to the true cost of owning a home. Comparing tax burdens across counties or states is essential before buying.
If your assessed value seems higher than your property's market value, you have the right to appeal. This calculator helps you see exactly what a lower assessment would save.
Many homeowners fail to claim all exemptions they are entitled to. Model your savings from homestead, senior, veteran, or disability exemptions before applying.
Accurate property tax estimates are critical for real estate investors calculating net operating income (NOI), cap rates, and cash-on-cash returns on rental properties.
Property taxes vary enormously by state and county. Retirees on fixed incomes often choose locations partly based on their effective property tax rate and available senior exemptions.
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Free, instant, and accurate no account required. Run your first calculation in under 10 seconds.
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