Property Tax and Millage Calculator
Use the property tax calculator to estimate your real estate taxes!
What's a mill?
Do
you remember when you were in school and you were working on decimals?
The first number after the decimal point is tenths (.1), the second
number after the decimal point is hundredths (.01), and going out three
places is thousandths (.001), or "mills". Now here's where it gets confusing.
One mill is .001. Ten mills is .010 & One hundred mills is
.100
TAX RATE | MILLS | ASSESSMENT | PROPERTY TAX | ||
---|---|---|---|---|---|
Local | .0030 | X | 100,000 | = | $ 300.00 |
School District | .0300 | X | 100,000 | = | $ 3,000.00 |
County | .0060 | X | 100,000 | = | $ 600.00 |
TOTAL | .0390 | X | 100,000 | = | $ 3,900.00 |
Still confused? Ok, just use the millage calculator. You can move the decimals by 10, 100 or 1,000