New Brunswick Property Tax Rates, 2026
Residential rates by city, with the change from 2025
In 2026, residential property tax rates in the 3 New Brunswick cities below run from 1.3280% in Fredericton to 1.5544% in Saint John. On a home assessed at $500,000, that is $6,640 to $7,772 a year. Compared with 2025, the rate went up in 0 of 3 cities and down in 1; the median change was 0%.
Rates by city
| City | 2026 Rate | 2025 Rate | Change | Tax on $500,000 |
|---|---|---|---|---|
| Fredericton | 1.3280% | 1.3280% | 0% | $6,640 |
| Moncton | 1.3808% | 1.3808% | 0% | $6,904 |
| Saint John | 1.5544% | 1.5694% | -1% | $7,772 |
Each rate is the total on a home's bill as a share of its assessed value: the city's own rate, any regional or county rate, and the education or school tax. Each city's page breaks it down and links to the city's published rates.
How homes are assessed in New Brunswick
New Brunswick reassesses homes every year, caps the yearly rise of an owner-occupied home's assessment at 10%, and froze assessments at their 2025 level for 2026. Owner-occupied homes get a credit that removes the provincial rate, so the rates here are almost all municipal. The tax is the assessed value times the rate, so compare bills, not only rates, between provinces.
New Brunswick Property Tax: Quick Answers
Which New Brunswick city has the lowest property tax rate?
Of the 3 cities on this page, Fredericton at 1.3280%, then Moncton (1.3808%) and Saint John (1.5544%).
Which New Brunswick city has the highest property tax rate?
Saint John at 1.5544%, then Moncton (1.3808%) and Fredericton (1.3280%).
Does a lower rate mean a lower property tax bill in New Brunswick?
Not always: the bill is the rate times the assessed value, so a city with a low rate and expensive homes can charge more per home than one with a higher rate. New Brunswick reassesses homes every year, caps the yearly rise of an owner-occupied home's assessment at 10%, and froze assessments at their 2025 level for 2026. Owner-occupied homes get a credit that removes the provincial rate, so the rates here are almost all municipal.
Work out your own numbers
- Property tax estimator: the tax on your home's assessed value
- Annual cost of ownership calculator: property tax with insurance, utilities and upkeep
- Understanding property taxes before you buy
- Income needed to buy a home in each city, with property tax in the monthly cost
Other provinces
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