Property Tax Calculator
Estimate your annual, monthly, and daily property tax for 2026. Enter your home value, select your state, and add any exemptions to see your property tax bill — with a comparison to the national average and your state's ranking. Updated with 2026 effective rates for all 50 states.
The market value or assessed value of your property. In most states, the assessed value is a percentage of market value.
Effective property tax rates for 2026. These are statewide averages — your actual rate may vary by county, city, and school district.
Reduces your taxable home value. Many states offer $5,000–$50,000+ for primary residences. Enter 0 if none.
Senior, disability, veteran, or other exemptions that further reduce taxable value.
🏛 Property Tax Results
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Monthly Property Tax
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Daily Property Tax
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Effective Rate
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State Rank (1=lowest)
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📊 Property Tax Breakdown
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💡 What this means
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📚 Property Tax Resources
📚 See top-rated property tax appeal guides on Amazon →📝 How to use this property tax calculator
- Enter your home value — the market value or assessed value of your property. If you know your assessed value, use that for the most accurate estimate.
- Select your state — choose from all 50 states with 2026 effective property tax rates ranging from 0.29% (Hawaii) to 2.23% (New Jersey).
- Enter your homestead exemption — if your state offers a homestead exemption for your primary residence, enter the dollar amount. This reduces your taxable home value.
- Add additional exemptions — senior, veteran, disability, or other exemptions that further reduce your assessed value.
- Click Calculate — see your annual, monthly, and daily property tax, your effective rate, and how your state compares to the national average.
📌 5 tips to lower your property tax
- ✓ Check your assessment for errors. Up to 30% of property assessments contain mistakes. Review your assessment card for incorrect square footage, lot size, or property features. Even a small error can cost you hundreds per year.
- ✓ File for your homestead exemption. Many homeowners don't realize they qualify. Primary residence exemptions range from a few thousand to $75,000+ and can save you hundreds annually. Deadlines vary by state.
- ✓ Appeal your assessment. If comparable homes in your area sold for less, or if your home has deferred maintenance, file an appeal. Success rates are 20-40% and can reduce your bill for years.
- ✓ Claim senior and veteran exemptions. Many states offer additional reductions for homeowners over 65, disabled veterans, or surviving spouses. These can stack with the homestead exemption.
- ✓ Understand your local mill rate. Property tax rates are set by local jurisdictions (county, city, school district). Attend budget hearings and vote in local elections — school bonds and local levies directly drive your bill.
Disclaimer: This calculator provides property tax estimates for educational purposes only using 2026 state-level effective rates. Your actual property tax may differ based on county, city, school district, and special assessment rates, assessment ratios, exemptions, and local mill levies. The effective rates shown are statewide averages from Tax Foundation and WalletHub data. Consult your local tax assessor's office for your exact property tax bill and exemption eligibility.
Related Tools
Property tax is one part of your housing and tax planning toolkit. These six calculators cover the rest — from mortgage payments to home sale proceeds, estate tax, and income tax.
- Mortgage Calculator — calculate your monthly mortgage payment including principal, interest, taxes, and insurance.
- Home Sale Proceeds Calculator — calculate your net proceeds after commissions, closing costs, and taxes when selling your home.
- Estate Tax Calculator — estimate your federal estate tax liability for 2026 with the $15M exemption and progressive rates.
- Income Tax Calculator — estimate your income tax liability with provincial and federal brackets.
- Rent vs Buy Calculator — compare the long-term cost of renting vs buying, factoring in property tax and appreciation.
- Capital Gains Tax Calculator — calculate capital gains tax on the sale of investments or real estate.