Property Tax Calculator
Estimate your annual property taxes based on your home's value and local tax rate.
Tax Estimate
Annual Property Tax
$0.00
Monthly Amount
$0.00
Understanding Property Taxes
Property tax is a tax paid on property owned by an individual or other legal entity, such as a corporation. It is usually calculated by a local government where the property is located. This calculator provides an estimate of your annual property tax based on your home's assessed value and local tax rate.
Frequently Asked Questions
What is the difference between assessed value and market value?
Market value is the price a property would sell for on the open market. Assessed value is the value assigned to your property by the local government for tax purposes, and it is often lower than the market value.
How often do property taxes change?
Property taxes can change annually based on changes in your property's assessed value and the tax rates set by your local government.