How do I calculate my approximate property tax based on the posted millage rates?

The formula to calculate real property tax is: Assessment x millage = tax (face amount).


For example:  The County millage is the same for all municipalities, therefore the County Tax for a property with an assessed value of $100,000 and a rate of 4.369 mills would be calculated as follows: 100,000 X .004369 = $436.90 (face amount) Note: 4.369 mills is equivalent to a millage of .004369. This is comparable to expressing percentage as whole number (5%) and as a decimal (.05). In the case of millage, the decimal is moved three places to left instead of two.

Show All Answers

1. What is millage?
2. How are millage rates determined?
3. How do I calculate my approximate property tax based on the posted millage rates?
4. What is an assessment?
5. What is an Interim Assessment?
6. When is an interim assessment effective?
7. How are interim assessments reported?
8. What's the significance of property assessment?
9. What is the market value?
10. What causes market values to change?
11. How do I, as the property owner, appeal an assessment and/or the effective date?
12. How do I appeal my current assessment?
13. How do I change my Tax Billing Address?
14. How can I obtain Assessment data reports or electronic files?
15. Is an appeal processing fee required?
16. How do I obtain an appeal form?
17. What are the different types of hearings?
18. Where are the appeals held?
19. Who hears the appeals?
20. How will I be advised of my hearing date?
21. What is the appeal hearing procedure? CLR?
22. What if I do not agree with the board decision?