Municipal Finance

Surrey Property Tax — 2026

Residential mill rate of 10.04 mills. Estimated $6,336/year on a $450,000 assessed home in British Columbia.

By Canadian Property Tax Data Team · Sourced from official open data

Direct municipal data
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Residential mill rate
10.04 mills
$4,518/yr municipal on $450,000 home
Education levy
4.04 mills
$1,818/yr on $450,000 home
Estimated total tax
$6,336/yr
Municipal + education on $450,000 assessed value
Commercial mill rate
14.06 mills
2026 rate

Rate vs provincial average

How Surrey compares to other British Columbia municipalities

Surrey10.04 mills
British Columbia average9.033999999999999 mills

Surrey is 11.1% above the provincial average of 9.03 mills.

Tax estimate on median home

Based on a $450,000 assessed value

Annual breakdown

Municipal portion
$4,518
Education levy
$1,818
Estimated total
$6,336/yr
Calculate for any assessed value →
Mortgage rates

Lower your Surrey housing costs

Property tax is only part of the picture. Compare current mortgage rates from Canadian lenders and see how much you could save on your monthly payment.

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Source · Statistics Canada 46-10-0026-01 (seed). Last updated 2026. Refreshed on the site's automated schedule.