Tax Calculator Projected Tax Change CalculatorEnter your property's Assessed Value and the Mill Rate from two different years to compareBeforeAssessed Value of Property: $Mill Rate (Tax Rate): Property Tax: $ 0AfterAssessed Value of Property: $Mill Rate (Tax Rate): Property Tax: $ 0Property Assessment Change: $ 0 = 0%Mill Rate Change: 0 = 0%Projected Tax Change: $ 0 = 0%To calculate the property tax, multiply the assessment of the property by the mill rate and divide by 1,000. For example, a property with an assessed value of $50,000 located in a municipality with a mill rate of 20 mills would have a property tax bill of $1,000 per year.