Municipal Finance

Red Deer Property Tax — 2026

Residential mill rate of 9.20 mills. Estimated $5,130/year on a $450,000 assessed home in Alberta.

By Canadian Property Tax Data Team · Sourced from official open data

Direct municipal data
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Residential mill rate
9.20 mills
$4,140/yr municipal on $450,000 home
Education levy
2.20 mills
$990/yr on $450,000 home
Estimated total tax
$5,130/yr
Municipal + education on $450,000 assessed value
Commercial mill rate
12.88 mills
2026 rate

Rate vs provincial average

How Red Deer compares to other Alberta municipalities

Red Deer9.2 mills
Alberta average9.206842105263155 mills

Red Deer is 0.1% below the provincial average of 9.21 mills.

Tax estimate on median home

Based on a $450,000 assessed value

Annual breakdown

Municipal portion
$4,140
Education levy
$990
Estimated total
$5,130/yr
Calculate for any assessed value →
Mortgage rates

Lower your Red Deer housing costs

Property tax is only part of the picture. Compare current mortgage rates from Canadian lenders and see how much you could save on your monthly payment.

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Source · Statistics Canada 46-10-0026-01 (seed). Last updated 2026. Refreshed on the site's automated schedule.