Estimate the property tax on a home whether your area quotes a percentage rate or a mill rate. Enter the assessed or market value, then either the tax rate as a percent or the mill rate, and the calculator returns your yearly tax along with the monthly amount lenders escrow into a mortgage payment. A mill equals one dollar of tax for every thousand dollars of value, so a rate of twenty mills is the same as two percent, and this tool lets you switch between the two so you can match whatever your county publishes. You can also apply a homestead or other exemption by lowering the taxable value you enter. Property taxes are a real and recurring cost of ownership that many buyers underestimate, so knowing the number early helps you budget honestly. Everything is calculated instantly in your browser with nothing sent anywhere.
It multiplies your home value by the tax rate or mill rate to estimate the annual property tax bill.
A mill rate is tax per 1000 dollars of value, so a rate of 20 mills is 20 dollars of tax per 1000 dollars of assessed value.
Yes. It divides the annual tax by 12 to show a monthly amount for budgeting.
Estimate the property tax on a home whether your area quotes a percentage rate or a mill rate. Enter the assessed or market value, then either the tax rate as a percent or the mill rate, and the calculator returns your yearly tax along with the monthly amount lenders escrow into a mortgage payment.
Yes. Property Tax Calculator is completely free, with no sign-up and no usage limits.
Yes. Property Tax Calculator runs in any modern web browser. There is nothing to download or install.
Yes. Property Tax Calculator runs entirely on your device in your browser, so nothing you enter is uploaded to a server.