Property Tax Calculator
Work out your yearly and monthly property tax from your home’s value, your local tax rate and any homestead exemption.
Result
Property tax per year
$3,850.00
- Per month
- $320.83
- Taxable value
- $350,000.00
- Effective rate on home value
- 1.1%
Common questions
How do I convert a mill rate to a percentage?
Divide the mill rate by 10. A rate of 15 mills is 1.5%, or $15 for every $1,000 of assessed value.
Is property tax included in my mortgage payment?
Often. If your lender uses an escrow account, it adds one-twelfth of the yearly tax to each monthly payment and pays the bill for you.