Mississippi Mills Property Tax Rate 2026
The residential rate, the taxes that add up to it, and a calculator for your home
Mississippi Mills' 2026 residential property tax rate is 1.2234% of assessed value, up from 1.1735% in 2025 (+4.3%). A home assessed at $500,000 pays about $6,117 a year, and one at $1,000,000 about $12,234. It is the 23rd lowest of the 77 Ontario cities and towns we cover; their median rate is 1.4323%.
Mississippi Mills property tax calculator
Ontario still uses January 1, 2016 values, usually well below what the home would sell for today.
The tax is the assessed value times Mississippi Mills's 2026 rate of 1.2234%. Flat charges on the same bill, such as water or garbage fees, are not included.
Property tax in 2026
$6,117/yr
$510 a month
At the 2025 rate (1.1735%), the same value paid $5,868: $250 less than in 2026.
How the rate adds up
Mississippi Mills is part of the County of Lanark, so its homes pay taxes to both the municipality and the county, plus the provincial education tax for schools, all on one bill. Each is a percentage of the home's assessed value; added together, they make the 1.2234% rate.
| Tax | Rate | Tax per year on $500,000 |
|---|---|---|
| Municipality of Mississippi Mills | 0.5572% | $2,786 |
| Policing | 0.0928% | $464 |
| County of Lanark | 0.4204% | $2,102 |
| Education (provincial) | 0.1530% | $765 |
| Total in 2026 | 1.2234% | $6,117 |
| Total in 2025 | 1.1735% | $5,868 |
One residential rate applies across the whole municipality; a flat waste management charge of $257.42 a year (2026) is added to the tax bill of each building.
Property tax at different home values
| Assessed value | Tax per year | Tax per month |
|---|---|---|
| $400,000 | $4,894 | $408 |
| $600,000 | $7,341 | $612 |
| $800,000 | $9,788 | $816 |
| $1,000,000 | $12,234 | $1,020 |
| $1,500,000 | $18,352 | $1,529 |
| $2,000,000 | $24,469 | $2,039 |
Ontario cities and towns compared
| Markham | 0.7229% | 0.7003% | +3.2% | $3,614 |
| Vaughan | 0.7492% | 0.7327% | +2.3% | $3,746 |
| Richmond Hill | 0.7601% | 0.7370% | +3.1% | $3,801 |
| Toronto | 0.7673% | 0.7541% | +1.8% | $3,837 |
| Essa Township | 0.8447% | 0.8171% | +3.4% | $4,223 |
| Oakville | 0.8510% | 0.8346% | +2% | $4,255 |
| Whitchurch-Stouffville | 0.8552% | 0.8296% | +3.1% | $4,276 |
| Milton | 0.8651% | 0.8260% | +4.7% | $4,326 |
| Aurora | 0.8740% | 0.8509% | +2.7% | $4,370 |
| Adjala-Tosorontio | 0.8859% | 0.8647% | +2.5% | $4,430 |
| Beckwith Township | 0.9101% | n/a | n/a | $4,551 |
| King Township | 0.9160% | 0.8876% | +3.2% | $4,580 |
| East Gwillimbury | 0.9163% | 0.8885% | +3.1% | $4,581 |
| Newmarket | 0.9190% | 0.8916% | +3.1% | $4,595 |
| Caledon | 0.9822% | 0.9354% | +5% | $4,911 |
| Halton Hills | 1.0040% | 0.9555% | +5.1% | $5,020 |
| Burlington | 1.0153% | 0.9716% | +4.5% | $5,076 |
| Mississauga | 1.0879% | 1.0339% | +5.2% | $5,440 |
| Bradford West Gwillimbury | 1.1081% | 1.0685% | +3.7% | $5,540 |
| New Tecumseth | 1.1100% | 1.0800% | +2.8% | $5,550 |
| Petawawa | 1.1643% | 1.1021% | +5.6% | $5,822 |
| Georgina | 1.1911% | 1.1558% | +3.1% | $5,956 |
| Mississippi Mills | 1.2234% | 1.1735% | +4.3% | $6,117 |
| Innisfil | 1.2396% | 1.1897% | +4.2% | $6,198 |
| Brampton | 1.2534% | 1.2006% | +4.4% | $6,267 |
| Ottawa | 1.2721% | 1.2271% | +3.7% | $6,361 |
| Uxbridge | 1.2967% | 1.2455% | +4.1% | $6,484 |
| North Grenville | 1.3027% | 1.2786% | +1.9% | $6,514 |
| Russell Township | 1.3050% | 1.2574% | +3.8% | $6,525 |
| Pickering | 1.3373% | 1.2882% | +3.8% | $6,686 |
| Carleton Place | 1.3798% | 1.3544% | +1.9% | $6,899 |
| Whitby | 1.3825% | 1.3322% | +3.8% | $6,912 |
| Scugog | 1.3870% | 1.3334% | +4% | $6,935 |
| Ajax | 1.3887% | 1.3357% | +4% | $6,943 |
| Haldimand County | 1.4033% | 1.3597% | +3.2% | $7,016 |
| Kitchener | 1.4060% | 1.3567% | +3.6% | $7,030 |
| Clarington | 1.4192% | 1.3650% | +4% | $7,096 |
| Casselman | 1.4276% | 1.3613% | +4.9% | $7,138 |
| Waterloo | 1.4323% | 1.3655% | +4.9% | $7,161 |
| Barrie | 1.4675% | 1.4118% | +3.9% | $7,338 |
| Brock Township | 1.4775% | 1.4221% | +3.9% | $7,387 |
| Guelph | 1.4944% | 1.3977% | +6.9% | $7,472 |
| North Dundas | 1.5008% | 1.4225% | +5.5% | $7,504 |
| Cambridge | 1.5122% | n/a | n/a | $7,561 |
| Clarence-Rockland | 1.5302% | 1.4676% | +4.3% | $7,651 |
| Orillia | 1.5317% | 1.5117% | +1.3% | $7,658 |
| The Nation | 1.5438% | 1.4860% | +3.9% | $7,719 |
| Hamilton | 1.5572% | 1.4971% | +4% | $7,786 |
| Orangeville | 1.5583% | 1.5128% | +3% | $7,792 |
| Kawartha Lakes | 1.5739% | 1.4588% | +7.9% | $7,869 |
| Oshawa | 1.5753% | 1.5245% | +3.3% | $7,877 |
| Brantford | 1.5951% | 1.5365% | +3.8% | $7,976 |
| Kingston | 1.6054% | 1.5518% | +3.5% | $8,027 |
| Arnprior | 1.6126% | 1.5548% | +3.7% | $8,063 |
| Perth | 1.6501% | 1.5605% | +5.7% | $8,250 |
| Norfolk County | 1.6584% | 1.5738% | +5.4% | $8,292 |
| London | 1.7271% | 1.6764% | +3% | $8,636 |
| Niagara Falls | 1.7489% | 1.6684% | +4.8% | $8,744 |
| Sarnia | 1.7972% | 1.7337% | +3.7% | $8,986 |
| Brockville | 1.7975% | n/a | n/a | $8,988 |
| North Bay | 1.8104% | 1.7522% | +3.3% | $9,052 |
| St. Catharines | 1.8422% | 1.7749% | +3.8% | $9,211 |
| Peterborough | 1.8893% | 1.7691% | +6.8% | $9,446 |
| Woodstock | 1.8945% | 1.8209% | +4% | $9,472 |
| Greater Sudbury | 1.9072% | 1.8263% | +4.4% | $9,536 |
| Sault Ste. Marie | 1.9119% | 1.8494% | +3.4% | $9,559 |
| Thunder Bay | 1.9231% | 1.8563% | +3.6% | $9,616 |
| Welland | 1.9816% | 1.9016% | +4.2% | $9,908 |
| Cornwall | 2.0061% | 1.9102% | +5% | $10,030 |
| Belleville | 2.0303% | 1.9318% | +5.1% | $10,152 |
| Renfrew | 2.0383% | 1.9201% | +6.2% | $10,191 |
| Hawkesbury | 2.0475% | n/a | n/a | $10,237 |
| Windsor | 2.0965% | 2.0953% | +0.1% | $10,483 |
| Pembroke | 2.1059% | 1.9792% | +6.4% | $10,530 |
| Smiths Falls | 2.1135% | 2.0413% | +3.5% | $10,567 |
| Timmins | 2.1685% | 2.0718% | +4.7% | $10,843 |
| Chatham-Kent | 2.3227% | 2.2480% | +3.3% | $11,614 |
How homes are assessed in Ontario, with the same table, is on the Ontario property tax rates page.
Mississippi Mills Property Tax: Quick Answers
What is the property tax rate in Mississippi Mills?
In 2026, it is 1.2234% of a home's assessed value. It adds up four taxes: Municipality of Mississippi Mills (0.5572%), policing (0.0928%), County of Lanark (0.4204%) and education (0.1530%). One residential rate applies across the whole municipality; a flat waste management charge of $257.42 a year (2026) is added to the tax bill of each building.
How much is property tax on a house in Mississippi Mills?
About $6,117 a year on a home assessed at $500,000, $9,176 at $750,000 and $12,234 at $1,000,000.
How is property tax calculated in Mississippi Mills?
The tax is the home's assessed value times the rate: $500,000 × 1.2234% = $6,117. Ontario still assesses homes at their value on January 1, 2016, so the bill on a home bought today is usually lower than the rate times the price.
Did property tax go up in Mississippi Mills in 2026?
The rate went up 4.3%, from 1.1735% in 2025 to 1.2234%. 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: Mississippi Mills, 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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