Tax Rates
Fiscal Year | Residential Tax Rate | Commercial Tax Rate |
2025 | $11.53/ $1,000 of assessed value | $23.01 / $1,000 of assessed value |
2024 | $11.27 / $1,000 of assessed value | $22.45 / $1,000 of assessed value |
2023 | $11.13 / $1,000 of assessed value | $22.18 / $1,000 of assessed value |
Calculating Property Taxes
Once the City has determined the tax rate for each property class, individual properties will have their taxes calculated using a specific equation.
These taxes are then displayed on the tax bill of each property owner.
These taxes are then displayed on the tax bill of each property owner.
![](https://quincyma.cidare.co/storage/page-assets/26/tax-rate-calculation-equation.png)
![](https://quincyma.cidare.co/storage/page-assets/26/brochure-icon.png)
To learn more about how the tax rate is calculated, go to the Understanding Your Taxes Brochure on page 9.
Key Assessing Information
Tax Rate per thousand dollars of assessed value: 2021-2025
![Tax Rates Chart from 2019 to 2023.](https://quincyma.cidare.co/storage/page-assets/26/Tax-Rate-Per-1000-dollars-of-assessed-value_desktop.png)
Key Assessing Information
Tax Rate per thousand dollars of assessed value: 2021-2025
![Tax Rates Chart from 2019 to 2023.](https://quincyma.cidare.co/storage/page-assets/26/Tax-Rate-Per-1000-dollars-of-assessed-value_mobile.png)