Which tax rate hits hardest?

Find out more in our impact comparison of Muskoka’s lower tier municipalities

Every town and township in Muskoka, as well as the District and board of education, saw property tax rates increase this year. Though incremental in nature, as the reality is a $20 to $40 increase per annum on the tax bill, they still add up year over year.

With that in mind, we decided to compare the real dollar value impact of each lower tier municipality tax rate.

Choosing a median of $100,000 per assessed residential property for ease of comparison, it must be acknowledged some municipalities have higher property values than others. For instance, the Township of Muskoka Lakes boasts over $10 billion (yes, billion) of assessed residential properties – much more than any other municipality in the region.

Still, if one is concerned about the tax rate impact when choosing where to live or where to cottage, this information can be useful.

Note that everyone in the District of Muskoka will pay both an upper tier District tax and an education portion in addition to their lower tier property tax.

The District of Muskoka 2023 tax is $308.23 per $100,000 of assessed residential property (up from $297.61 in 2022) and the education tax is $154.77 this year (up from $153 in 2022).

So, let’s get into it . . .

We’re listing from best rate (or lowest dollar impact) to worst rate (highest dollar impact)

The Township of Muskoka Lakes tax rate impact per $100,000 is always a little misleading as they are able to keep what each property owner pays low due to an extremely valuable properties (as mentioned above – over $10 billion worth). Still, per $100,000 of residential property, Muskoka Lakes is the lowest at $130.12 (up from $125.28) with a total tax per $100,000 of $593.12 (including District and education tax portions).

Property owners in the Township of Lake of Bays will be paying $200.02 per $100,000 in 2023, up from $182.66 in 2022, with a total tax of $663.02 per $100,000.

Taxpayers in the Township of Georgian Bay will be paying $251.62 per $100,000 of assessed residential property (up from $222.24 in 2022) and a total of $714.62.

Those owning property in the Town of Huntsville will pay around $428 per $100,000 of property for the town portion in 2023, up from about $401 in 2022. The total property tax in 2023 will be close to $891 per $100,000.

Residential properties in Gravenhurst will be paying $485.06 per $100,000 of residential assessed property in 2023, up from $470.25 in 2022, with a total tax of $948.06 per $100,000.

Bracebridge residents should be pleased with the creative spin of a 17 cents per day increase that the town put out in in a media release. So, when the tax bill comes due, they will be paying $499.81 per $100,000 of property in 2023 (up from $479.14 last year). Their total taxes will work out to $962.81 per $100,000.

What does it all mean?

Well, those living in Huntsville should be happy when comparing taxes to the other large Towns in Bracebridge and Gravenhurst.

Meanwhile, if someone can find a property in Muskoka Lakes for anything under $1 million – jump on it! Those taxes would be almost the same as a Bracebridge property worth only $500,000.

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