The market or assessed value of the home and land.
Percent of value paid per year. Autofill a state's average below.
Optional — sets the rate to that state's average effective rate.
It multiplies your property value by an effective tax rate. Selecting a state fills in its average effective rate from our state data; for a precise figure, use your county's actual rate. Property tax is one of the largest ongoing costs of holding land, so it's worth modeling before you buy.
Exemptions can change the math: see our guides to homestead exemptions by state and the most tax-friendly states for homesteaders to lower the bill.
Annual property tax is the property's taxable value multiplied by the local tax rate. This calculator uses each state's average effective rate — total taxes paid divided by total value — which is the simplest way to compare states. Your actual bill is set at the county and local level and can differ from the state average.
Often, yes. Most states offer a homestead exemption that reduces the taxable value of a primary residence, and many let working farmland be assessed at a lower agricultural-use value. Both can cut a rural tax bill significantly, so this estimate is a starting point — confirm the exemptions you qualify for with the county.
Effective rates vary widely, from well under 0.5% to over 2%. Because property tax is set locally, two parcels in the same state can pay very different rates. See our tax-friendly states guide for the broader picture, and always check the specific county.
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