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Yellowknife Property Tax Rates

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

Residential rate 2025
9.86
mills · 0.99%
vs NT average
0%
below the provincial average (2025)

Property tax rates by class (2025)

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

Property classMill rate% of value
Residential9.860.99%
Multi-Residential9.860.99%
Commercial21.002.10%
Industrial21.002.10%

Estimate your Yellowknife property tax

Enter an assessed value to estimate the annual tax at Yellowknife'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 Yellowknife's residential mill rate has moved over the past decade.

YearResidential rateChange
20259.86—

Project your future Yellowknife 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 Yellowknife'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 Yellowknife compares

In 2025, Yellowknife's residential rate of 9.86 mills was 0% below the Northwest Territories average (9.86) and 35% above the national average across the cities we track (7.28).

Compare every city → Estimate your tax →

What the mill rate means

A mill rate of 9.86 means $9.86 of tax per $1,000 of assessed value (about 0.99%). 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 Northwest Territories key dates.

Yellowknife property tax FAQ

How much is property tax in Yellowknife?
Yellowknife's confirmed 2025 residential mill rate is 9.86, or about 0.99% of assessed value. On a home assessed at $500,000 that works out to roughly $4,930 per year, before provincial education and school levies.
How is Yellowknife property tax calculated?
Annual property tax is your assessed value multiplied by the mill rate and divided by 1,000. At Yellowknife's 2025 residential rate of 9.86 mills, a $400,000 home would owe about $3,944 in municipal tax, before education levies.
When are Yellowknife property taxes due?
Yellowknife property taxes are set locally. The exact due date is printed on your assessment or tax notice, so confirm it there each year.
How does Yellowknife compare to other Northwest Territories cities?
In 2025, Yellowknife's residential rate of 9.86 mills was about 0% below the Northwest Territories average of 9.86. Lower mill rates generally mean a smaller tax bill on a similarly valued home.

More Northwest Territories property tax rates

Yellowknife is the Northwest Territories municipality we currently publish a dedicated page for.

See every Northwest Territories rate on the Northwest Territories 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 Yellowknife 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.