Property Tax Calculator
Market value of the home
usd
Assessment ratio
percent
What share of market value the assessor taxes. 100% in much of the country, 4% in South Carolina for an owner-occupied home, 35% in Ohio.
Homestead or other exemption
usd
Subtracted from the assessed value, not from the tax. Florida takes off $50,000, Texas $100,000 for school taxes.
Rate is given as
A percentage
Mills (per $1,000)
A mill is one dollar per thousand of assessed value. 20 mills is 2%.
Tax rate
percent
Property tax a year
$4,800
Show the work
Property Tax Calculator
by Rule Calculator