Lethbridge Property Tax 2026 — Mill Rate 10.502 (1.0502%)

What is Lethbridge's 2026 property tax rate?

Lethbridge's 2026 residential mill rate is 10.502 mills, i.e. $10.502 of tax per $1,000 of assessed value (1.0502%, or 0.01050220 as a decimal). On a $320,000 home this works out to $3,361 per year, or roughly $280 per month if your lender holds the tax in escrow. Source: https://www.lethbridge.ca/property-taxes/estimate-your-property-taxes/, last verified 2026-09-27.

When are Lethbridge property taxes due?

Lethbridge's 2026 property tax notice was due June 30, 2026. A 7% penalty applies to all unpaid 2026 tax balances as of July 1, 2026. Set by the 2026 Municipal Property Tax Bylaw (Bylaw 6516), approved by Council April 28, 2026. Source: https://www.lethbridge.ca/news/posts/reminder-that-2026-property-taxes-are-due-by-june-30, last verified 2026-08-27. Most lenders collect property tax monthly through PITI escrow rather than waiting for the city's due date.

How is my Lethbridge home assessed?

Your tax is calculated as assessed value × mill rate, not market value × mill rate. Alberta uses a public assessment authority (BC Assessment, MPAC in Ontario, etc.) to set assessed values, usually updated every 1-4 years. Assessed value typically lags market value, so the same mill rate produces different effective burdens depending on assessment cycle timing.

Are Lethbridge property taxes deductible on my income tax return?

Property tax on your principal residence is NOT deductible federally or provincially. It only becomes deductible when the property generates rental income (line 9180 on T776) or self-employed business income (CCA / business-use-of-home on T2125). For a principal residence, the tax is a non-deductible cost of ownership.

Why does Lethbridge's mill rate differ from neighbouring cities?

Each Canadian municipality sets its own residential mill rate to fund local services — police, fire, transit, parks, road maintenance — plus a provincially-set education portion. Cities with higher assessed values can raise the same revenue at a lower mill rate (Vancouver, Toronto), while cities with lower assessed values often need higher rates to fund equivalent services. Compare Lethbridge with other Alberta cities in the table above.