HomePage / City Services / Home & Property / Property Taxes / Tax Rates

Tax Rates

Property tax rates are set each year and vary by property class and taxing authority. The property tax notice includes rates from the City as well as other entities for which the City collects taxes on their behalf.

The table below shows the current tax rates for each property class, including both City and non-City rates. A link to the detailed tax rate sheet is also provided below.

To learn how assessed values and tax rates work together to calculate the property taxes, visit Understanding Property Taxes.

2026 Tax Rates

Class2026 Tax Rate2025 Tax Rate$ Change% Change
1 - Residential7.311816.909410.402405.82%
2 - Utilities58.9269255.174663.752266.80%
4 - Major Industry21.0128519.620811.392047.76%
5 - Light Industry23.0967521.434111.662647.76%
6 - Business/Other22.0098320.436541.573297.70%
7 - Managed Forest32.5199130.767701.752215.69%
8 - Non-Profit/Recreation15.6700214.598961.071067.34%
9 - Farm5.564115.161470.402647.80%
➡️ See the detailed tax rate sheet for a further breakdown. 

Contact Us

Property Taxes
250-755-4525 ext. 1
property.tax@nanaimo.ca

Last updated: May 14, 2026

Give feedback on accessibility. Submit your feedback through our online accessibility feedback form. Help us understand barriers people face when accessing City services.

You can attach files to help explain the barrier you faced in the form, like: a video, voice recording or photos. If American Sign Language (ASL) is the best way for you to communicate, upload a video of yourself using ASL into the form.

Please include: what you were trying to access, where the barrier happened, what the barrier was and any recommendations you might have.

Thank you for your assistance. One of our website team will look into the reported issue shortly. Loading animation

Help us improve our website

Don't include private or financial information in this form.

Important Information About Privacy

Information collected on this form is done so under the general authority of the Community Charter and Freedom of Information and Privacy Protection Act (FOIPPA), and is protected in accordance with FOIPPA. Personal information will only be used by authorized staff to fulfill the purpose for which it was originally collected, or for a use consistent with that purpose.

For further information regarding the collection, use, or disclosure of personal information, please contact the Legislative Services Office at 250-755-4405 or at foi@nanaimo.ca