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Property Tax Calculatorby state · levy atlas Index

Levy atlas · 50 states + DC

Property Tax Calculator

Pick your state for a calculator built on that state’s own rules: how much of market value is assessed, which homestead, senior and veteran exemptions apply, and whether a statewide cap limits this year’s increase. You add the local rate from your bill.

Updated 602 primary sources Editorial policy

Choose a state or DC

Card figures are the Census median annual real-estate tax paid by owner-occupied homes, 2020–2024 (ACS table B25103): historical context, not a rate or your bill.

12 of the 51 worksheets describe assessment limits or an approved capped basis, and 17 include modeled homestead exemptions, credits or reimbursements with their own approval conditions. The state-by-state rules table compares them side by side.

Quick estimate when you already have the numbers

If your notice already shows the taxable value for each levy, this general worksheet multiplies it by the rate, adds fixed charges and subtracts credits. It can also scale a historical Census ratio for a rough comparison. For your state’s exemptions and caps, use its own page above.

Calculate property tax

Use confirmed taxable values, matching rate units and approved bill credits. Enter 0 only for known zero adjustments.

Annual property-tax worksheet Calculated
Property annual amount $5,124.00
Property amount divided by 12 $427.00
Calculation scope 2020–2024 Census benchmark only; not a local tax bill.
Ratio of statewide medians 0.70%

Benchmark: Census 2024 ACS 5-year, covering 2020–2024. Independent medians are not a statutory rate or matched bill. Local mode uses only the prepared figures you enter.

Reading your notice before you fill in the worksheet

The assessment notice explains how your property was valued; the tax bill lists the levies, charges and credits that turn that value into a payment. Take each figure from the document that sets it.

1. Use the taxable value, not the market estimate

Market or appraised value follows the jurisdiction’s valuation rules. Assessed value may be a fraction of it, a limited value or another statutory base, and taxable value is what remains for a particular levy after approved relief. Enter the taxable value the notice prints, not the price you paid.

2. Match the rate to its unit

Rate as printedArithmeticTax on $200,000
20 mills / $20 per $1,000200,000 × 20 ÷ 1,000$4,000
$2 per $100200,000 × 2 ÷ 100$4,000
2%200,000 × 2 ÷ 100$4,000
0.02 decimal multiplier200,000 × 0.02$4,000

All four rows are the same rate. Typing 20 mills into a percent field gives ten times the real amount. When a rate is missing, ask the tax office for it; a state’s Census ratio is not a substitute.

3. Group only levies that tax the same value

When the school and county lines carry different taxable values, keep them in separate groups. Rates inside one group can be added only if every levy in it taxes the same value in the same unit. The worksheet holds up to three groups; a fourth base needs a second run, never a merged one.

4. Charges add, credits subtract

The annual amount is the levy lines plus confirmed fixed charges minus tax-dollar credits; enter 0 only when you know there are none. Value exemptions belong in the taxable value already, while credits are dollars off the tax. A credit larger than the bill is flagged instead of turned silently into $0.

5. The monthly figure is not your escrow payment

Monthly here means the annual tax divided by twelve. A lender’s escrow can add insurance, shortages and a cushion on its own schedule, and early-payment discounts, penalties, refunds and one-time transfer tax are not in this total.

Buying or selling? Transfer tax is a separate, one-time charge

Real estate transfer tax is paid once when the deed is recorded and is figured on the sale price, not the assessment. These states have a dedicated transfer-tax calculator:

How transfer tax differs from property tax

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Updated by the Property Tax Calculator Editorial Team. Report a correction