Property Tax Calculator
Enter a property value and your local property tax rate to estimate the annual and monthly property tax.
Use the value your local tax authority actually taxes when possible.
In some areas, taxable or assessed value can be different from market value, and exemptions or special assessments can change the final bill.
Estimated annual property tax
$0.00
Estimated monthly property tax
$0.00
Property value used
$0.00
Local tax rate used
0%
Calculation
Annual property tax = property value × local tax rate. Monthly estimate = annual property tax ÷ 12.
If your rate is quoted in mills
One mill equals 0.1%. For example, 12 mills equals 1.2%. Convert the mill rate to a percentage before entering it here.
Monthly amount is a budgeting estimate
Your tax authority may bill annually, semiannually, or on another schedule. A mortgage escrow payment can also differ from this simple monthly estimate.