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Kelowna Property Tax Rates

British Columbia · Confirmed residential and multi-class mill rates for 2025, with the 10-year trend and how Kelowna stacks up against its province and the rest of Canada.

Residential rate 2025
4.47
mills · 0.45%
Year over year
+0.21
+5.0% vs 2024
vs BC average
30%
below the provincial average (2025)

Property tax rates by class (2025)

All confirmed 2025 mill rates for Kelowna. Rates are shown in mills and as a percentage of assessed value.

Property classMill rate% of value
Residential4.470.45%
Commercial10.341.03%
Light Industry10.751.07%
Major Industry26.182.62%
Utilities23.672.37%
Supportive Housing3.310.33%
Managed Forest2.290.23%
Recreation/Non-Profit5.370.54%
Farm8.080.81%

Estimate your Kelowna property tax

Enter an assessed value to estimate the annual tax at Kelowna's confirmed 2025 rates.

per year

Estimate only, based on the municipal rate and provincial portioning; it excludes education and school levies and any local improvement charges. For full carrying costs, use the True Cost Calculator.

10-year residential rate trend

How Kelowna's residential mill rate has moved over the past decade.

YearResidential rateChange
20166.48
20175.90-0.58
20185.28-0.63
20195.11-0.16
20205.30+0.19
20215.34+0.04
20224.33-1.01
20234.02-0.31
20244.25+0.24
20254.47+0.21

Project your future Kelowna property tax

Estimate how your annual bill could move over the next several years as assessed values and the mill rate change. The mill-rate assumption is pre-filled from Kelowna's rate history where available; adjust any input to match your own outlook.

est. annual tax in
YearAssessed valueMill rateEst. annual tax

Illustrative projection only. It compounds your chosen assessment-growth and mill-rate assumptions from the confirmed 2025 base and excludes education and school levies and any local improvement charges. Actual rates are set each year by the municipality and assessments by the province. Not financial advice.

How Kelowna compares

In 2025, Kelowna's residential rate of 4.47 mills was 30% below the British Columbia average (6.41) and 39% below the national average across the cities we track (7.28).

What the mill rate means

A mill rate of 4.47 means $4.47 of tax per $1,000 of assessed value (about 0.45%). Annual tax is assessed value × rate ÷ 1,000, before any provincial portioning. Use the True Cost Calculator for your exact figure.

Looking for assessment and appeal deadlines? See the British Columbia key dates.

Kelowna property tax FAQ

How much is property tax in Kelowna?
Kelowna's confirmed 2025 residential mill rate is 4.47, or about 0.45% of assessed value. On a home assessed at $500,000 that works out to roughly $2,235 per year, before provincial education and school levies.
How is Kelowna property tax calculated?
Annual property tax is your assessed value multiplied by the mill rate and divided by 1,000. At Kelowna's 2025 residential rate of 4.47 mills, a $400,000 home would owe about $1,788 in municipal tax, before education levies.
When are Kelowna property taxes due?
Kelowna property taxes are typically due in early July. The exact due date is printed on your assessment or tax notice, so confirm it there each year.
Did Kelowna's property tax rate change in 2025?
The 2025 residential rate of 4.47 mills rose about 4.9% from the 2024 rate of 4.25. It remains above the 2023 level of 4.02.
How does Kelowna compare to other British Columbia cities?
In 2025, Kelowna's residential rate of 4.47 mills was about 30% below the British Columbia average of 6.41. Lower mill rates generally mean a smaller tax bill on a similarly valued home.

More British Columbia property tax rates

Compare Kelowna with other British Columbia municipalities we track.

See every British Columbia rate on the British Columbia property tax page, or browse the full By City directory.

Data reflects confirmed municipal tax bylaws; 2026 rates are added as each municipality finalizes them. Always verify current rates with Kelowna 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.