Property Tax Calculator

Estimate annual and monthly property tax by state.

Home value

State

Effective rate (override)

Estimated annual property tax

Monthly escrow

Effective rate

State averages (2026). County/municipal rates vary — use the override.

How to Use

1. Enter the home value.
2. Select your state (or enter a custom effective rate).
3. See estimated annual tax, the monthly escrow amount, and the effective rate.

Calculation Method

Annual property tax = home value × state effective rate. Monthly escrow = annual ÷ 12. Effective rates are state averages; actual county/municipal rates vary — use the custom rate field for precision.

Data sources: State effective property tax rates (property_tax_rates table), 2026 averages.

Examples

$400,000 home in Texas (~1.63%)

About $6,520/year, or roughly $543/month in escrow.

Frequently Asked Questions

Annual property tax paid divided by home value. It bundles all local levies into one comparable percentage.

Property tax is set locally. States like Texas have high rates with no income tax; others are far lower.

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Mortgage Information Disclaimer

The mortgage calculations on this site are estimates based on the information you provide. Actual mortgage terms, interest rates, and payments will vary based on your credit score and history, debt-to-income ratio, property type and location, loan program, lender-specific requirements, and market conditions.

SmartMortgageCalcs does not provide mortgage, financial, or legal advice. We are not a mortgage lender or broker. We strongly recommend consulting with multiple licensed mortgage lenders, working with a qualified real estate agent, reviewing all documents carefully before signing, and seeking advice from a financial advisor. Our estimates do not constitute a loan offer or commitment — final loan terms are determined by the lender. Interest rates and fees shown are illustrative only.

Last updated: May 19, 2026