Property Tax Calculator
Estimate your property tax liability. Enter your assessed home value and your local tax rate to see your annual and monthly costs.
Property Details
$
%
National average is approx 1.1%, but it ranges from 0.28% (Hawaii) to 2.49% (New Jersey).
About Property Taxes
Property taxes are paid by homeowners to local governments (counties, cities, school districts) to fund public services like schools, police, fire departments, and road maintenance.
How it is Calculated
Property tax is generally calculated by multiplying the assessed value of your property by the tax rate (often expressed in "mills").
- Assessed Value: The dollar value assigned to your home by a public tax assessor. This may differ from the fair market value.
- Tax Rate: The percentage of value you pay in taxes. The national average is around 1.1%, but it varies widely by state and county.