Skip to content
Finance · Rates as of 2026

Property Tax Calculator USA 2026

Calculate your annual USA 2026 property tax by state, home value and homestead exemption — with monthly escrow breakdown.

Project details

All prices in USD $ · 2026 USA averages.

Estimated cost

Annual property tax

$6,750

Range: $6,413$7,290

$400,000 home in TX at 1.80%

Cost breakdown

State effective tax rate1.80%
Assessed value$400,000
Homestead exemption−$25,000
Taxable value$375,000
Annual property tax$6,750
Monthly escrow payment$562.50
Free mortgage quotes

Get 3 Mortgage Quotes

Compare 3 vetted USA lenders. Free, no obligation, no impact on credit.

By submitting, you agree to be contacted by up to 3 local pros. No spam, unsubscribe any time.

Disclaimer: Rates as of 2026. Estimates use 2026 USA average mortgage rates, state property tax and insurance data. Actual rates, fees and payments depend on lender, credit score, loan program and property. Consult a licensed loan officer before locking a rate.

Frequently asked questions

What is a homestead exemption?

A reduction in taxable value for primary residences. Amounts vary — Texas offers $100K on school taxes; Florida offers $50K.

Why are property taxes so different by state?

They fund local schools and services. New Jersey (2.49%) and Illinois (2.27%) rank highest; Hawaii (0.28%) is lowest in 2026.

Can I appeal my property tax?

Yes. File a protest with your county assessor within 30–60 days of the notice. Successful appeals average 10–20% reductions.