Saint John Property Tax 2026 — Mill Rate 2.1117%

What is Saint John's 2026 property tax rate?

Saint John's 2026 residential mill rate is 2.1117% (0.02111700 as a decimal). On a $250,000 home this works out to $5,279 per year, or roughly $440 per month if your lender holds the tax in escrow. Source: https://saintjohn.ca/en/city-hall/city-corporation/rates-and-finances, last verified 2026-04-29.

When are Saint John property taxes due?

Saint John's 2026 property tax notice is due May 31, 2026. Same provincial billing schedule as every other New Brunswick municipality: assessment notices mail in January, tax notices in March, and the penalty date is May 31. A monthly penalty of 0.7591% (9.50% annually) applies to overdue accounts from the first of the following month. Source: https://www.gnb.ca/en/topic/family-home-community/housing-property/property-tax/property-tax-billing-cycle.html, last verified 2026-08-27. Most lenders collect property tax monthly through PITI escrow rather than waiting for the city's due date.

How is my Saint John home assessed?

Your tax is calculated as assessed value × mill rate, not market value × mill rate. New Brunswick uses a public assessment authority (BC Assessment, MPAC in Ontario, etc.) to set assessed values, usually updated every 1-4 years. Assessed value typically lags market value, so the same mill rate produces different effective burdens depending on assessment cycle timing.

Are Saint John property taxes deductible on my income tax return?

Property tax on your principal residence is NOT deductible federally or provincially. It only becomes deductible when the property generates rental income (line 9180 on T776) or self-employed business income (CCA / business-use-of-home on T2125). For a principal residence, the tax is a non-deductible cost of ownership.

Why does Saint John's mill rate differ from neighbouring cities?

Each Canadian municipality sets its own residential mill rate to fund local services — police, fire, transit, parks, road maintenance — plus a provincially-set education portion. Cities with higher assessed values can raise the same revenue at a lower mill rate (Vancouver, Toronto), while cities with lower assessed values often need higher rates to fund equivalent services. Compare Saint John with other New Brunswick cities in the table above.