Confirmed residential mill rates for the 8 British Columbia municipalities we track, how the province's assessment and tax-class system works, key dates, and how each city compares.
BC Assessment values every property province-wide and sorts it into nine numbered classes, from Class 1 Residential to Class 6 Business and Class 9 Farm, based on market value as of July 1 of the prior year.
Confirmed residential mill rates, lowest to highest. The percentage is the rate as a share of assessed value. Linked cities have a full breakdown, 10-year trend, and a forward projection.
| City | Mill rate | % of value | YoY | Year |
|---|---|---|---|---|
| Burnaby | 2.98 | 0.30% | +0.14 | 2025 |
| Surrey | 3.11 | 0.31% | +0.17 | 2025 |
| Vancouver | 3.12 | 0.31% | +0.15 | 2025 |
| Richmond | 3.19 | 0.32% | +0.15 | 2025 |
| Coquitlam | 3.52 | 0.35% | +0.19 | 2025 |
| Abbotsford | 4.12 | 0.41% | +0.16 | 2025 |
| Kelowna | 4.47 | 0.45% | +0.21 | 2025 |
| Victoria | 5.20 | 0.52% | +0.46 | 2025 |
Rates with a year badge are confirmed for that year; others reflect the most recent confirmed bylaw, updated as municipalities finalize new rates. The average is taken across the 8 British Columbia municipalities we currently track and will broaden as more are added. Always verify with the municipality before making financial decisions.
Assessment and payment timing is set locally, but the British Columbia cycle generally follows this pattern.
| When | What happens |
|---|---|
| July 1 (prior yr) | Valuation date — Your assessed value reflects market value as of July 1 of the previous year. |
| Late Dec to Jan | Assessment notices mailed — BC Assessment mails notices around December 31 and early January. |
| January 31 | Complaint deadline (PARP) — File a Notice of Complaint with the Property Assessment Review Panel. Rolls to the next business day if Jan 31 is a weekend. |
| Feb 1 to Mar 15 | Review panel hearings — PARP hearings take place; decision notices issue by about April 7. |
| April 30 | Second-level appeal (PAAB) — Deadline to appeal a PARP decision to the Property Assessment Appeal Board. |
| ~Early July | Property tax due — Billed and due through your municipality, usually early July. |
See the full breakdown on the Key Dates page.
Property tax in other provinces and territories: Alberta · Manitoba · Nova Scotia · Northwest Territories · Ontario · Saskatchewan · Yukon · Quebec · New Brunswick · Newfoundland and Labrador · Prince Edward Island · Nunavut.
Data reflects confirmed municipal tax bylaws; 2026 rates are added as each municipality finalizes them. Always verify current rates with the relevant municipality before making financial decisions. MillRate.ca aggregates publicly available municipal property tax rates for information only and is not affiliated with any municipality or assessment authority.