Mill Rate Calculator
A mill rate, also known as the millage rate, is a unit of measure used in property taxation. It represents the amount of tax per $1,000 of assessed property value. One mill is equivalent to $1 of tax for every $1,000 of assessed value. This calculator helps you estimate your property tax based on the assessed value of your property and the local mill rate.
function calculatePropertyTax() {
var assessedValue = parseFloat(document.getElementById("assessedValue").value);
var millRate = parseFloat(document.getElementById("millRate").value);
var resultDiv = document.getElementById("propertyTaxResult");
resultDiv.innerHTML = ""; // Clear previous results
if (isNaN(assessedValue) || isNaN(millRate)) {
resultDiv.innerHTML = 'Please enter valid numbers for all fields.';
return;
}
if (assessedValue < 0 || millRate < 0) {
resultDiv.innerHTML = 'Assessed value and mill rate cannot be negative.';
return;
}
// Calculation: Property Tax = (Assessed Value / 1000) * Mill Rate
var propertyTax = (assessedValue / 1000) * millRate;
resultDiv.innerHTML = 'Your estimated property tax is:
$' + propertyTax.toFixed(2) + '';
}
.calculator-container {
font-family: Arial, sans-serif;
border: 1px solid #ccc;
padding: 20px;
border-radius: 8px;
max-width: 500px;
margin: 20px auto;
box-shadow: 0 2px 4px rgba(0,0,0,0.1);
}
.calculator-container h2 {
text-align: center;
margin-bottom: 20px;
color: #333;
}
.calculator-form {
display: flex;
flex-direction: column;
gap: 15px;
}
.form-group {
display: flex;
flex-direction: column;
margin-bottom: 10px;
}
.form-group label {
margin-bottom: 5px;
font-weight: bold;
color: #555;
}
.form-group input[type="number"] {
padding: 10px;
border: 1px solid #ddd;
border-radius: 4px;
font-size: 1em;
box-sizing: border-box; /* Ensures padding doesn't affect width */
}
button {
background-color: #4CAF50;
color: white;
padding: 12px 20px;
border: none;
border-radius: 4px;
cursor: pointer;
font-size: 1.1em;
transition: background-color 0.3s ease;
}
button:hover {
background-color: #45a049;
}
.calculator-result {
margin-top: 20px;
padding: 15px;
background-color: #e9e9e9;
border-radius: 4px;
text-align: center;
font-size: 1.1em;
color: #333;
}
.calculator-result p {
margin: 0;
}
.calculator-result strong {
color: #4CAF50;
}
.error {
color: red;
font-weight: bold;
}