Estimateur de Taxe Foncière — Formule

Property Tax Calculation

Annual Tax = (Home Value - Exemptions) x Tax Rate

Property tax rates vary widely by location. The US average is about 1.1% of assessed value.

Tax Rate Examples

StateAvg Rate New Jersey2.23% Texas1.80% California0.73% Hawaii0.29%

Exemple Résolu

$350,000 home, 1.2% rate, no exemption.

  1. Annual tax = $350,000 x 1.2% = $4,200
  2. Monthly escrow = $4,200 / 12 = $350