Fredericton Property Tax Rate 2026
The residential rate, what it is made of and what it costs on a home
Fredericton's 2026 residential property tax rate is 1.3280% of assessed value, the same as in 2025. A home assessed at $500,000 pays about $6,640 a year, and one at $1,000,000 about $13,280. It is the lowest of the 3 New Brunswick cities on this site, where the median is 1.3808%.
What the rate is made of
| Part | Rate | On a $500,000 home |
|---|---|---|
| Municipal | 1.3086% | $6,543 |
| Provincial (cost of assessment) | 0.0194% | $97 |
| Total, 2026 | 1.3280% | $6,640 |
| Total, 2025 | 1.3280% | $6,640 |
It is the inside rate, which covers about 90% of households; homes in the outside and annexed areas pay a different municipal rate plus a provincial roads rate.
Property tax at different home values
| Assessed value | Tax a year | A month |
|---|---|---|
| $400,000 | $5,312 | $443 |
| $600,000 | $7,968 | $664 |
| $800,000 | $10,624 | $885 |
| $1,000,000 | $13,280 | $1,107 |
| $1,500,000 | $19,920 | $1,660 |
| $2,000,000 | $26,560 | $2,213 |
New Brunswick cities compared
| 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 |
All of them, with how assessment works in New Brunswick, on the New Brunswick property tax rates page.
Fredericton Property Tax: Quick Answers
What is the property tax rate in Fredericton?
1.3280% of assessed value for a home in 2026, as described below. It is made up of municipal (1.3086%) and Provincial (0.0194%).
How much is property tax on a house in Fredericton?
About $6,640 a year on a home assessed at $500,000, $9,960 at $750,000 and $13,280 at $1,000,000.
How is property tax calculated in Fredericton?
The city multiplies the home's assessed value by the rate: $500,000 × 1.3280% = $6,640. 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.
Did property tax go up in Fredericton in 2026?
The rate did not change: it is 1.3280%, as in 2025. A bill also changes with the home's assessment.
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
Source: Fredericton, 2026 tax rates; 2025 tax rates. Rates are for a residential home and include the school or education tax; flat fees on the same bill are not included.
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