How to use the Property Tax Calculator
Enter the market value, assessment ratio, tax rate and exemptions and the result appears straight away. Everything runs in your browser, so nothing you type is uploaded.
The formula
Tax = (assessed value − exemptions) × rate
Examples
- $350,000 home, 100% assessment, 1.1% rate
Annual property tax: $3,850.00 Monthly: $320.83 Taxable assessed value: $350,000.00 Effective rate on market value: 1.10%
- With a $50,000 exemption
Annual property tax: $3,300.00 Monthly: $275.00 Taxable assessed value: $300,000.00 Effective rate on market value: 0.94%
- Rate given as 15 mills, 80% assessment
Annual property tax: $4,200.00 Monthly: $350.00 Taxable assessed value: $280,000.00 Effective rate on market value: 1.20%
Limitations and assumptions
Local rates, caps and exemptions vary. Check your county assessor.
Frequently asked questions
How is property tax calculated?
Assessed value (market value × assessment ratio, minus exemptions) × the tax rate.
What is a mill?
One mill is $1 per $1,000 of assessed value, or 0.1%.
Where do I find my rate?
Your county or city assessor publishes it, and it appears on your tax bill.
Does it cover special assessments?
No, only the rate you enter.