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Take your total property tax rate and multiply it by the value of the property you are dealing with. The answer you get is the amount of money you owe in property tax. 1  Don't forget that, to multiply a percentage, you must either first change the percentage back to its decimal form or else divide your answer by 100. 2  In our example, our total property tax rate is 6% and our property is worth $664,000.
Westmoreland. $1.40. To calculate the tax on your property, assume you have a house with an APPRAISED VALUE of $100,000. The ASSESSED VALUE is $25,000 (25% of $100,000), and the TAX RATE has been set by your county commission at $2.50 per hundred of assessed value.To figure the tax simply multiply the assessed value ($25,000) by the tax rate (2.50 per hundred dollars assessed). $25,000 / 100 = 250 x $2.50 = $625.00 (rounded) or.he ASSESSED VALUE is $25,000 (25% of $100,000), and the TAX RATE has been set by your county commission at $2.50 per hundred of assessed value. To figure the tax simply multiply the assessed value ($25,000) by the tax rate (2.50 per hundred dollars assessed). $25,000 / 100 = 250 x $2.50 = $625.00 (rounded) or.