Property Tax Calculator
Estimate annual property tax based on assessed values. Fast, free, and fully client-side.
Calculator Inputs
Assessed Property Value ($)
Local Tax Rate (%)
Annual Property Tax—
Monthly Property Tax equivalent—
How the Property Tax Calculator Works
Estimates municipal real estate property taxes based on assessed property valuation and local county or district millage rates.
Formula
Property Tax = (Assessed Value × Millage Rate) / 1000 or Assessed Value × Tax Rate%
One mill equals one dollar of tax per one thousand dollars of assessed property valuation.
Calculation Example
A residence with an assessed value of $350,000 in a tax district with a 1.2% effective rate (12 mills) owes $4,200 annually ($350/month).
Frequently Asked Questions
What is a property tax millage rate?
A millage rate is the tax rate applied to assessed property value, where 1 mill represents $1 of tax per $1,000 of assessed value.