How are property taxes calculated?
  • Actual Value x Assessment Rate = Assessed Value
  • Assessed Value x Mill Levy = Taxes

Example Using a $300,000 Residence and 100 Mills Levy

  • $300,000 X 7.15% = $21,450
  • $21,450 X 0.100 = $2,145.00 total taxes

If the total mill levy is 100 mills and using the residential assessment rate of 7.15% and a non-residential assessment rate of 29%, annual taxes would be:

  • For residential property - $7.15 per $1,000 of value.
  • For non-residential property - $29 per $1,000 of value.

However, taxes for like-valued properties will vary based on the specific mill levy for the tax district where the property is located.

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1. Why did my taxes go up?
2. How are property taxes calculated?
3. Where can I find/pay my tax bill?