Estimated Property Tax effect with changes in Assessment

Estimated reduction in property assessment:

$

Property tax rate:


Estimated reduction in property taxes*:

$

*Reduction in taxes is calculated by: (Estimated reduction in property assessment) x (Property tax rate)


Please note:
  1. Click here to look up your property tax rate:
    • Click on the link called “Tax Rates – Schedule 702”, then click on the appropriate year;
    • Open the file and scroll to your municipality. In the table refer to the line “Totals” for your municipality and use the figure in column E, ‘Residential’.

  2. You can change the figures in the above boxes to see how it affects the tax estimate.

  3. If your property is in a rural area you can access a separate tax calculator here. Click on the “estimate your taxes” link in the top right of the page and follow the instructions.

  4. Note: Tax rates are updated for the current year around the beginning of June.

  5. IMPORTANT NOTE: This property tax calculator does not evaluate whether or not your property assessment may be changed as a result of your appeal. If your estimated reduction in property assessment does not occur, this estimate on taxes will not be accurate.