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Property Tax Calculator
Annual property tax and the monthly escrow set-aside for a U.S. property.
Your numbers
Estimated monthly escrow
$541.88
$6,503 a year at 1.53%
- Taxable value$425,000
- Annual property tax$6,503
- Monthly escrow$541.88
- Effective rate used1.53%
- Taxable value
- $425,000
- Annual tax
- $6,503
- Monthly
- $542
- Rate
- 1.53%
Rates are state averages for illustration. County and school-district millage can move the real bill materially. This is not a tax bill.
Monthly escrow$541.88
FAQ’s
Frequently Asked Questions
How the tax bill is built
- Taxable value
- The assessed value less exemptions. Assessment can lag the market price, and a sale often triggers a reassessment.
- Effective rate
- The combined county, city and school-district levies expressed as a share of value. It differs widely between neighbouring jurisdictions.
- Escrow
- Lenders collect a twelfth of the annual tax with each payment and pay the bill from the escrow account when it falls due.
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