Property Tax Calculator
Estimate your annual and monthly property tax based on home value, assessment rate, tax rate, and exemptions. Understand your effective property tax rate.
Inputs
$
%
%
$
Results
Annual Property Tax
$3,360
Monthly Property Tax$280
Assessed Value$280,000
Effective Tax Rate0.96%
Annual Property Tax
$3,360
How to Use This Calculator
- Start by filling in the input fields below. Results update instantly as you type, so you can experiment with different values to see how they affect the outcome.
- Home Value — Current market value of your property. Accepts values from $0 to $10,000,000 (default: $350,000).
- Assessment Rate — Percentage of market value used for tax assessment. Varies by county. Accepts values from 0 % to 100 % (default: 80 %).
- Tax Rate (Mill Rate) — Annual property tax rate. Check your county assessor's website. Accepts values from 0 % to 10 % (default: 1.2 %).
- Exemptions — Homestead or other exemptions that reduce assessed value. Accepts values from $0 to $500,000 (default: $0).
- Once all inputs are set, review your results in the Results panel. Here's what each output means:
- Annual Property Tax — shown as a dollar amount. This is the primary result of this calculator.
- Monthly Property Tax — shown as a dollar amount.
- Assessed Value — shown as a dollar amount.
- Effective Tax Rate — shown as a percentage.
- Explore the related calculators below if you need deeper analysis or want to approach this topic from a different angle.
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