How to Calculate Approximate Annual Property Taxes in HRM

Let's calculate the approximate annual property taxes on a $350,000 property in Halifax Regional Municipality, where the mill rate is 1.24%, or $1.24 per $100 of assessed value.

$350,000 x .0124 (HRM tax rate) = $4,340.00 approx. annual taxes

Mill Rate

The mill rate is the amount of tax payable per dollar of the assessed value of a property. The mill rate is based on “mills” (French for thousand). It is a figure that represents the amount per $1,000 of the assessed value of the property, which is used to calculate the amount of property tax!

Arial View of Lake Banook, Dartmouth Nova Scotia

Start searching for your dream home now.

Browse homes for sale in Halifax Regional Municipality by community with detailed MLS® listings. Contact us any time if you have questions or would like to book a viewing of a particular property

Start Search

You Have Questions...We Have Answers!

Ask us any of your questions, from the home buying process in HRM to the current local real estate market to a particular property you've seen for sale, by filling out the form below. You can also call or text us anytime at 902-225-3196.

Provide a valid email address.
Newsletter consent
More from CENTURY 21 All Points
Click to go to
Click for more information on first time home buying in Halifax, Nova Scotia
Click for mortgage calculator