Calculyn

Property Tax Calculator

Estimate annual and monthly property tax from your home's assessed value.

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Results update as you type.

Annual property tax

$3,850
Monthly cost
$321
Per $1,000 of value
$11.00
Annual property tax$3,850

Results are estimates for planning and are not financial advice.

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Quick answer

A $350,000 home at a 1.1% effective rate owes $3,850 per year, or about $321 per month.

How it works

Property tax is your home's assessed value multiplied by the local effective rate. US effective rates range roughly from 0.3% (Hawaii) to over 2% (New Jersey, Illinois).

Formula

Annual tax = Assessed value × Effective rate

Assumptions & limitations

  • Results are rounded for display.

Frequently asked questions

Is assessed value the same as market value?

Often not — many areas assess at a fraction of market value or reassess on a schedule. Check your local assessor's figure for accuracy.