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Nelson Property Tax Calculator 2023

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The City of Nelson is located east of Kootenay Lake in the Regional District of Central Kootenay and is home to over 11K residents. The population of Nelson increased by 5.1% from 2016 to 2021. The average real estate price in the Kootenay region for the month of August 2023 was $524K. The most common property type in the region is single-family detached homes, which averaged a price of $619K in August 2023. Nelson property tax rates are the 47th lowest property tax rates in BC for municipalities with a population greater than 10K.

Nelson property tax is based on the assessed value of your home. Every year, the BC Assessment conducts an evaluation of properties all over British Columbia. This assessed value can differ significantly from the market value of your property.Your final property tax amount is calculated by multiplying the Nelson final property tax rate for the year by the BC Assessment value.

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You can calculate your property tax using either your home's assessed value or your home's most recent market price. Just enter the price and type of your property, and we will give you an instant property tax estimate.

I know my home’s BC Assessment value

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BC Assessment Value of the Property
2023 Property Tax Value
$2,9122.91k
2023 Residential Property Tax Rate
0.582440 %

2023 Tax rates for Cities Near Nelson

City Final Tax Rate
Kelowna0.401630 %
Vernon0.499328 %
Chilliwack0.391329 %
Abbotsford0.370860 %
Highest1-YearGIC Ratesmaple leaf
Select GIC Term:
1-Year

Nelson Property Taxes

If you own or lease property or mobile homes in BC, you will be subject to paying property tax annually. The tax, paid to the municipality with rates varying based on the municipality you are in, is responsible for funding services such as police and fire protection, garbage collection, schools, and hospitals.

At the beginning of the year, you will receive a property assessment notice informing you of the property value as of July 1st of last year. You will then receive a tax notice that calculates how much tax you owe based on the assessed value, and it will then be your responsibility to pay the amount to the municipal office before the deadline.

The amount of property tax and its rates are based on how much funding is needed to provide services for the year; for example, if your community decides to start a new service, the higher cost may be reflected in your taxes. The amount also depends on other factors such as property classification and location.

Generally, your tax will consist of a Municipal Tax as determined by your municipality and a School Tax determined by the number of residences and their values in your district.

Residential Property Tax Rate for Nelson from 2018 to 2023
YearMunicipal RateEducational RateFinal Tax Rate
20230.286810%0.156710%0.582440%
20220.279460%0.164100%0.590700%
20210.346640%0.197610%0.712570%
2020Not AvailableNot AvailableNot Available
20190.365190%0.205330%0.745140%
20180.419900%0.217550%0.816850%
Based on of Nelson official website: check source

Nelson Property Tax Department Information

For any questions or inquiries about your property tax rate or property tax bill, you can reach out to the city of Nelson's property tax department through the following methods:

Phone number
250-352-5511
Contact Form
Nelson Property Tax Department Information
Best 5-Year Fixed Mortgage Rates in Canada CanadaLeaf
Mortgage Term:
Fixed
Variable
Nelson at a Glance
ProvinceBritish Columbia
Settled Year1867
Established Year1897
Incorporated Year 1897
Population 11,106
City Area11.95 km 2 (4.61 sq mi)
Official WebsiteNelson Official Website

Property Taxes in B.C. for a $500K B.C. Assessed Value Home*

Assessed Value of a Property

Every year, your property will be assessed by BC Assessment to determine its value, classification, and any exemptions it may be applicable for. The aspects used for the assessment include location, size, shape, usage, and age. Each year, the value of your property may increase or decrease depending on factors such as changes to its classification, market fluctuations, and renovations. If there are issues with the assessment, you may contact BC Assessment or have an independent appeal to the Property Assessment Review Panel (PARP).

Homeowners may find that the assessed value of their property differs significantly from its market price. There is also no way to retrieve and compare the assessed value of other properties.

This calculator is provided for general information purposes only. This calculation may not include any special charges, levies or fees. Results are approximations only. For official and the most up-to-date information, please see your porerty tax bill or contact the relevant taxation authority of your region.