Property Tax Calculator
Estimate your annual property tax bill based on assessed value and local rate.
Enter your numbers and select Calculate to see results.
About This Calculator
This calculator estimates your annual property tax based on your home's assessed value and your local property tax rate (often called a millage rate, expressed here as a percentage). Property tax rates and assessment methods vary significantly by state and county.
How This Is Calculated
Annual Tax = Assessed Value × Tax Rate
A $350,000 assessed home at a 1.1% tax rate owes about $3,850/year, or roughly $321/month.
Assumptions
- Assessed value is often different from market value — some jurisdictions assess at a percentage of market value, or reassess only periodically.
- Does not include exemptions like homestead, senior, or veteran exemptions, which can reduce your taxable assessed value in many areas.
Frequently Asked Questions
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Last updated January 15, 2026. Results are estimates for informational purposes only — read our disclaimer.