Inputs

Property Information

$

The value used for tax calculation

$

Current fair market value of property

%

Percentage of market value used for assessment

Tax Rate Information

/1000

Local property tax rate

Exemptions & Fees

$

Tax exemptions you qualify for

$

Annual fees and assessments

Results

Annual Property Tax

$3,325.00

$277.08/Month

Effective Tax Rate

1.11%

Taxable Value

$250K

Exemption Savings

$625.00

Tax Breakdown

Base Tax:$3,125.00
Additional Fees:$200.00
Total Tax:$3,325.00

Comparison Scenarios

ScenarioAnnual TaxMonthly Tax
Current$3.3K$277.08
Without Exemptions$4K$329.17
10% Higher Assessment$3.7K$308.33
10% Lower Assessment$3K$245.83

Common Exemptions

• Homestead Exemption
• Senior Exemption
• Veteran Exemption
• Disability Exemption

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Guide

How to Use This Calculator

  1. Enter your property's market value
  2. Input the assessed value (if different)
  3. Set your local tax rate in mills
  4. Add any applicable exemptions
  5. Review annual and monthly tax amounts

Understanding Property Tax

  • • Assessed value determined by local assessor
  • • Tax rate set by local government
  • • Exemptions reduce taxable value

Property Tax Appeal Tips

  • • Appeal assessments if value seems too high
  • • Gather comparable property sales data
  • • File appeal within deadline
  • • Consider hiring professional help

Property Tax Tips

  • • Research all available exemptions
  • • Understand your local assessment cycle
  • • Budget for potential tax increases
  • • Consider property taxes when buying