Calculating Your Estimated Property Taxes
The Estimated Property Tax Calculator is a tool for property owners to estimate the change in their property tax liability based on the property’s 2009 Assessment Notice.
The tax estimate from the calculator is just that: an estimate. Your actual taxes may be different from the estimate for these reasons:
- Local government and school district budget action that can change the mill levy applied to your property;
- Changes in the value of other property in your local area that changes the share of local budgets paid by you and other taxpayers;
- Changes in the value of your property due to physical changes in your property or informal reviews or appeals you may initiate;
- Property tax assistance programs for which you may be eligible;
- Your improvement value is over $1.5 million; and
- Your improvement value increased but your land value decreased.
Also, the value of one acre farmsteads and residential improvements should be calculated with the residential calculator.
Please Note: The online property tax calculator may not function with certain personal computer systems and web browsers. If you experience any technical difficulty in operating the online calculator, please call your local Department of Revenue office. We will be happy to assist you in completing the calculation of your estimated property taxes using the computers in our office.
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The estimator requires three numbers from the 2009 Assessment Notice:
- Total Market/Productivity Value as of 1/1/2002
- Total Market/Productivity Value as of 7/1/2008
- The 2008 Mill Levy
Using these three numbers, the calculator will estimate the property tax liability for each year of the reappraisal cycle.
The calculator uses the total market/productivity value on 1/1/2002 and 7/1/2008 to generate the property’s taxable value for each year of the reappraisal cycle. The 2008 mill levy is applied to each year’s taxable value to estimate the property tax liability for the property.
