Red Deer Property Tax Calculator 2026: 0.973% Rate
Red Deer's 2026 residential rate is 0.9729% of assessed value, $5,837 a year on a $600,000 assessment. Enter the value from your assessment notice to see your own bill for the year and the month, where Red Deer sits among the 8 Alberta cities here, and who sets the value you are taxed on.
How the rate for Red Deer is built. 2026 residential total = municipal 0.0070566 + education (ASFF) 0.0026428 + seniors affordable housing 0.0000295.
| What the bill usually adds or leaves out | |
|---|---|
| Flat charges for water, sewer, garbage or stormwater, where the city bills them separately | not included |
| Local improvement charges and business improvement area levies | not included |
| Provincial or municipal homeowner grants and seniors' deferrals that lower the bill | not included |
| A change in the assessment when the roll is updated or the home is sold | not modelled |
Show the math
Annual tax = assessed value × total residential rate. The rate is the sum of the municipal levy, the provincial or school education levy and any regional, transit or library levy that is charged on value, exactly as the city publishes it for 2026. Cities that publish mill rates (per $1,000) or rates per $100 of assessment are converted to a percentage. The assessed value comes from your province's assessment body, which is not the market value: Ontario still uses January 1, 2016 values, BC uses July 1 of the previous year, Alberta July 1 of the previous year, Quebec a three-year roll. The ranking compares the rates published by the 8 Alberta municipalities in our data, not every municipality in the province.
Property tax in Red Deer by assessed value
At the 2026 residential rate of 0.9729%.
| Assessed value | Tax per year | Per month |
|---|---|---|
| $400,000 | $3,892 | $324.30 |
| $600,000 | $5,837 | $486.45 |
| $800,000 | $7,783 | $648.59 |
| $1,000,000 | $9,729 | $810.74 |
Who sets the assessed value in Red Deer
The value on your notice comes from the municipality's own assessors, every year. For 2026 it reflects July 1 of the previous year. A 2026 assessment reflects the market on July 1, 2025, and the physical condition of the home on December 31, 2025. Notices go out early in the year with a 60-day window to complain. Red Deer sets only the rate, when council passes the budget.
How the rate for Red Deer is built
2026 residential total = municipal 0.0070566 + education (ASFF) 0.0026428 + seniors affordable housing 0.0000295.
How Red Deer compares in Alberta
Red Deer is 4th of 8 Alberta cities, in the middle of the range. A $600,000 assessment costs $5,837 a year, against $3,990 in Calgary and $7,299 in Grande Prairie. The rate is closer to the top of that range than the bottom.
| City | Rank | Rate | Tax on $600,000 |
|---|---|---|---|
| Calgary | 1 of 8 | 0.665% | $3,990 |
| Airdrie | 2 of 8 | 0.688% | $4,131 |
| Medicine Hat | 3 of 8 | 0.955% | $5,730 |
| Red Deer | 4 of 8 | 0.973% | $5,837 |
| Edmonton | 5 of 8 | 1.036% | $6,218 |
| Lethbridge | 6 of 8 | 1.050% | $6,301 |
| St. Albert | 7 of 8 | 1.108% | $6,646 |
| Grande Prairie | 8 of 8 | 1.217% | $7,299 |
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See the main property tax page for how the calculation works and every city in the data, or the mortgage payment calculator to add the tax to a monthly housing cost.
Common questions
Frequently asked questions
- What is the property tax rate in Red Deer?
- 0.9729% of assessed value for residential property in 2026, including the education portion. 2026 residential total = municipal 0.0070566 + education (ASFF) 0.0026428 + seniors affordable housing 0.0000295.
- How much is property tax on a $800,000 home in Red Deer?
- About $7,783 a year, or $648.59 a month, if $800,000 is the assessed value. If it is the purchase price, use the value on the assessment notice instead. In Alberta that value is set by the municipality's own assessors as of July 1 of the previous year, which is usually lower.
- Who decides the assessed value of my home in Red Deer?
- The municipality's own assessors, every year. The 2026 value is based on July 1 of the previous year. A 2026 assessment reflects the market on July 1, 2025, and the physical condition of the home on December 31, 2025. Notices go out early in the year with a 60-day window to complain. The city sets the rate, not the value, when it passes its budget.
- Is property tax high in Red Deer?
- By rate it is the 4th lowest of the 8 Alberta cities in our data. On a $600,000 assessment the bill is $5,837, between $3,990 in Calgary and $7,299 in Grande Prairie.
Sources
Sources
Every figure on this page comes from one of these primary sources. Data last verified .
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