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Property Tax Rates
Your property tax rate is based on your tax class. There are four tax classes. The tax rates are listed below. Learn how to Calculate Your Annual Property Tax.
An important update for property owners: The class one, two, and three property tax rates were recently reduced for tax year 2021-22. Property owners will see a lower tax due on their next tax bill.
The Department of Finance will issue credits to class one and two property owners who have already paid for the first half of the year under the prior tax rate. These credits will be factored into your property tax bill that is due on January 1, 2022.
Property Tax Rates for Tax Year 2022
- Class 1 - 19.963%
- Class 2 - 12.235%
- Class 3 - 12.289%
- Class 4 - 10.755%
Property Tax Rates for Tax Year 2021
- Class 1 - 21.045%
- Class 2 - 12.267%
- Class 3 - 12.826%
- Class 4 - 10.694%
Property Tax Rates for Tax Year 2020
- Class 1 - 21.167%
- Class 2 - 12.473%
- Class 3 - 12.536%
- Class 4 - 10.537%
| YEAR | CLASS 1 | CLASS 2 | CLASS 3 | CLASS 4 |
| 19/20 | 21.167% | 12.473% | 12.536% | 10.537% |
| 18/19 | 20.919% | 12.612% | 12.093% | 10.514% |
| 17/18 | 20.385% | 12.719% | 11.891% | 10.514% |
| 16/17 | 19.991% | 12.892% | 10.934% | 10.574% |
| 15/16 | 19.554% | 12.883% | 10.813% | 10.656% |
| 14/15 | 19.157% | 12.855% | 11.125% | 10.684% |
| 13/14 | 19.191% | 13.145% | 11.902% | 10.323% |
| 12/13 | 18.569% | 13.181% | 12.477% | 10.288% |
| 11/12 | 18.205% | 13.433% | 12.473% | 10.152% |
| 10/11 | 17.364% | 13.353% | 12.631% | 10.312% |
| 09/10 | 17.088% | 13.241% | 12.743% | 10.426% |
| Average Annual Tax Rate 08/09 |
16.196% | 12.596% | 12.137% | 10.241% |
| 08/09 3rd & 4th Qtr. |
16.787% | 13.053% | 12.577% | 10.612% |
| 08/09 1st & 2nd Qtr. |
15.605% | 12.139% | 11.698% | 9.870% |
| 07/08 | 15.434% | 11.928% | 11.577% | 10.059% |
| 06/07 | 16.118% | 12.737% | 12.007% | 10.997% |
| 05/06 | 15.746% | 12.396% | 12.309% | 11.306% |
| 04/05 | 15.094% | 12.216% | 12.553% | 11.558% |
| 03/04 | 14.550% | 12.620% | 12.418% | 11.431% |
| 02/03 3rd & 4th Qtr. |
14.160% | 12.517% | 12.565% | 11.580% |
| 02/03 1st & 2nd Qtr. |
11.936% | 10.564% | 10.607% | 9.776% |
| 01/02 | 11.609% | 10.792% | 10.541% | 9.712% |
| 00/01 | 11.255% | 10.847% | 10.540% | 9.768% |
|
YEAR |
CLASS 1 |
CLASS 2 |
CLASS 3 |
CLASS 4 |
|
99/00 |
11.167% |
10.851% |
9.398% |
9.989% |
|
98/99 |
10.961% |
10.739% |
8.800% |
10.236% |
|
97/98 |
10.849% |
11.046% |
8.282% |
10.164% |
|
96/97 |
10.785% |
11.056% |
7.840% |
10.252% |
|
95/96 |
10.725% |
10.807% |
7.922% |
10.402% |
|
94/95 |
10.694% |
10.552% |
7.702% |
10.608% |
|
93/94 |
10.900% |
10.369% |
7.404% |
10.724% |
|
92/93 |
10.888% |
9.910% |
12.794% |
10.698% |
|
91/92 |
10.888% |
9.885% |
13.083% |
10.631% |
|
90/91 |
9.920% |
9.228% |
15.200% |
10.004% |
|
89/90 |
9.452% |
9.229% |
12.903% |
9.539% |
|
88/89 |
9.452% |
9.272% |
11.289% |
9.582% |
|
87/88 |
9.330% |
9.150% |
9.942% |
9.460% |
|
86/87 |
9.330% |
9.150% |
9.172% |
9.460% |
|
85/86 |
9.100% |
9.150% |
9.051% |
9.460% |
|
84/85 |
9.100% |
9.150% |
9.051% |
9.460% |
|
83/84 |
9.100% |
9.057% |
9.237% |
9.323% |
|
82/83 |
8.950% |
8.950% |
9.109% |
9.294% |
|
81/82 |
8.950% |
8.950% |
8.950% |
8.950% |
School Tax Rates for Tax Year 2017/2018
(Used to calculate overall Property Tax and Veterans Tax Rates)
- Class 1 - 11.869%
- Class 2 - 7.426%
- Class 4 - 6.143%
| School Tax Rate | ||||
| YEAR | CLASS 1 | CLASS 2 | CLASS 3 | CLASS 4 |
| 16/17 | 11.536% | 7.460% | - | 6.124% |
| 15/16 | 11.506% | 7.603% | - | 6.294% |
| 14/15 | 11.581% | 7.795% |
- |
6.485% |
| 13/14 | 11.277% | 7.749% |
- |
6.092% |
| 12/13 | 11.457% | 8.158% |
- |
6.374% |
| 11/12 | 11.596% | 8.582% |
- |
6.493% |
| 10/11 | 10.206% | 7.877% |
- |
6.090% |
| 09/10 | 9.469% | 7.367% |
- |
5.808% |
| 08/09 | 9.870% | 7.705% |
- |
6.271% |
| 07/08 | 10.342% | 8.019% |
-
|
6.769% |
| 06/07 | 9.182% | 7.288% |
-
|
6.301% |
| 05/06 | 8.693% | 6.872% |
-
|
6.276% |
| 04/05 | 8.225% | 6.687% |
-
|
6.335% |
| 03/04 | 7.761% | 6.764% |
-
|
6.135% |
| 02/03 3rd & 4th Qtr. |
7.096% | 6.312% |
-
|
5.848% |
| 02/03 1st & 2nd Qtr. |
7.096% | 6.312% |
-
|
5.848% |
| School Tax Rate | ||||
| YEAR | CLASS 1 | CLASS 2 | CLASS 3 | CLASS 4 |
| 2001/2002 | 7.002% | 6.543% |
- |
5.895% |
| 00/01 | 6.809% | 6.598% |
- |
5.949% |
| 99/00 | 6.720% | 6.569% |
- |
6.054% |
| 98/99 | 6.195% | 6.112% |
- |
5.833% |
| 97/98 | 6.153% | 6.313% |
- |
5.809% |
| 96/97 | 5.442% | 5.631% |
- |
5.222% |
| 95/96 | 4.837% | 4.925% |
- |
4.741% |
| 94/95 | 5.256% | 5.240% |
- |
5.268% |
| 93/94 | 5.063% | 4.871% |
- |
5.038% |
| 92/93 | 4.513% | 4.160% |
- |
4.491% |
| 91/92 | 4.339% | 3.990% | 5.281% | 4.292% |
| 90/91 | 4.164% | 3.923% |
- |
4.253% |
| 89/90 | 4.326% | 4.279% |
- |
4.423% |
| 88/89 | 4.507% | 4.480% |
- |
4.630% |
| 87/88 | 4.430% | 4.406% |
- |
4.556% |
| 86/87 | 4.857% | 4.830% |
- |
4.994% |
| 85/86 | 4.754% | 4.845% |
- |
5.010% |
| 84/85 | 4.885% | 4.967% |
- |
5.136% |
| 83/84 | 4.909% | 4.944% |
- |
5.090% |
| 82/83 | 4.498% | 4.559% |
- |
4.734% |
| 81/82 | n/a | n/a | n/a | n/a |
Exemption Tax Rates for Veterans
Homeowners who receive the Veteran's Property Tax Exemption are required to pay the school tax rate on their exemption. Further reductions may be added if the veteran served in a combat zone or was disabled. The Veterans Exemption Property Tax Rate is the rate applied to the exempt amount to determine the tax benefit.Property Tax Exemption Rates for Veterans for Tax Year 2017/2018
- Class 1 - 8.516%
- Class 2 - 5.293%
- Class 4 - 4.371%
| Class |
Current Property Tax Rate |
MINUS Current School Tax Rate |
Property Tax Exemption Rates for Veterans |
| Class 1 | 20.385% | - 11.869% | 8.516% |
| Class 2 |
12.719% |
- 7.426% | 5.293% |
| Class 4 |
10.514% | - 6.143% | 4.371% |