Moonbeam property tax rate 2024

Moonbeam in short

$9,943 a year on a $500,000 home: $9,178 to Moonbeam council and $765 to schools.
Up 0.07 points since 2019, or $359 a year more on a $500,000 home.
Rent $930 a month, home value $174,000 in the 2021 Census, against an Ontario middle of $980 and $400,000.

Moonbeam has not filed 2025 with the province yet, so this page uses 2024, the newest year it has filed. Every municipality is compared at its newest filed rate: 283 of the 414 have filed 2025.

Who sets the rate

Two bodies set Moonbeam's rate: Moonbeam council and the Province of Ontario, for schools. Moonbeam has no county above it, so there is no county or region portion: its own rate of 1.84% already pays for services that a county would run elsewhere. That is also why comparing Moonbeam's municipal rate directly against a township's understates what the township actually pays.

$9,178

Portion	Rate	On $500,000	Share
MunicipalMoonbeam council	1.84%	$9,178	92%
County or regionNone in Moonbeam	0.00%	$0	0%
EducationProvince of Ontario	0.15%	$765	8%
Total	1.99%	$9,943	100%

Each rate is rounded to two decimals, so the parts can add up to 0.01 off the total.

How the rate has changed, 2019–2024

Up 0.07 points since 2019. Since 2019 the total rate here has risen by 0.07 percentage points, from 1.92% to 1.99%. On a $500,000 home that is $359 a year more than in 2019.

20191.92%$9,583
20201.91%$9,543
20211.91%$9,543
20221.91%$9,543
20231.95%$9,763
20241.99%$9,943

Total residential rate, with the tax on a $500,000 home underneath.

Each part of the rate, year by year

Over the same years the residential assessment base moved from $109M to $113M, and the residential levy collected went from $2M to $2M. A rate rising while the base also grows means the budget grew faster than property values; a rate falling while the base grows usually means the opposite. Assessment is the figure on the MPAC notice, still based on 2016 values province-wide.

Year	Municipal	County or region	Education	Total	Change	On $500,000
2019	1.76%	—	0.16%	1.92%	—	$9,583
2020	1.76%	—	0.15%	1.91%	−0.01 pts	$9,543
2021	1.76%	—	0.15%	1.91%	+0.00 pts	$9,543
2022	1.76%	—	0.15%	1.91%	+0.00 pts	$9,543
2023	1.80%	—	0.15%	1.95%	+0.04 pts	$9,763
2024	1.84%	—	0.15%	1.99%	+0.04 pts	$9,943

Why are Moonbeam property taxes so high?

Moonbeam's total rate of 1.99% is 0.59 percentage points above the provincial middle (1.40%). A rate that high usually means the assessment base is small relative to what the budget must cover: $113.0M of taxable residential value funds $2.2M in levy here.

Home values

Homes here are assessed at $147,183 per household, 20% less than the middle ($183,474). Lower values mean it needs a higher rate to raise the same money.

Spending

It spends $6,232 per household, 18% less than the middle ($7,558). It spends more on running the municipality (+$348), planning and development (+$341) and parks and recreation (+$273), and less on water and wastewater (−$713) and fire (−$201).

← Less than the middleMore than the middle →
Running the municipality+$348
Planning and development+$341
Parks and recreation+$273
Water and wastewater−$713
Fire−$201

What it costs to live in Moonbeam

Cost	Moonbeam	Ontario middle
Rent, per monthmedian, 2021	$930Lower than 59% of 354	$980
Home valueowners’ estimate, 2021	$174,000Lower than 92% of 412	$400,000
Property tax on a $500,000 assessment2024	$9,943Higher than 89% of 414	$6,992
Households spending 30% or more on housingshare of income, 2021	7.7%Lower than 93% of 400	15.0%
Household incomemedian, before tax, 2020	$90,000Higher than 61% of 405	$84,000

Ontario has no official cost-of-living index for single towns. Statistics Canada’s consumer price index covers only Toronto, Ottawa and Thunder Bay here, and it measures change over time, not the gap between places. These are the costs published for each municipality: what renters paid and owners estimated in the 2021 Census, not today’s asking rents or sale prices.

Places like Moonbeam

The 5 places closest to Moonbeam on total tax rate, assessment / household, spending per household, population, 5-year growth, people per household, among places with no county above them.

Place	Newest rate	On $500,000
Spanish	1.82%	$9,110
Plummer Additional	1.82%	$9,117
Englehart	1.87%	$9,357
Black River - Matheson	1.93%	$9,625
Moonbeam this page	1.99%	$9,943
Huron Shores	2.01%	$10,065

Others in Cochrane District

Municipalities that share Moonbeam's county or district. Rates compare most cleanly between places whose assessments sit at similar levels.

Municipality	Rate	On $500,000	vs Moonbeam
Cochrane2024 rate	1.90%	$9,511	−$432
Mattice - Val Cote	1.92%	$9,601	−$342
Black River - Matheson	1.93%	$9,625	−$318
Timmins2024 rate	1.99%	$9,942	−$0
Opasatika2024 rate	2.03%	$10,135	+$193
Hearst	2.22%	$11,110	+$1,167
Moosonee2024 rate	2.33%	$11,654	+$1,712
Fauquier-Strickland2024 rate	2.42%	$12,120	+$2,178

All 414 Ontario municipalities in one table

More on Moonbeam

All 7 property classes, 2024

Residential is one of 7 classes Moonbeam reported this year. The tax ratio is the multiple applied to the residential rate: a ratio of 1.7 on multi-residential means an apartment building pays 1.7× what a house pays on the same assessed value.

Class	Tax ratio	Municipal	County or region	Education	Total
Commercial	1.2185	2.24%	—	0.88%	3.12%
Industrial	0.8659	1.59%	—	0.88%	2.47%
Pipeline	0.6875	1.26%	—	0.88%	2.14%
Multi-Residential	1.0533	1.93%	—	0.15%	2.09%
Residential	1	1.84%	—	0.15%	1.99%
Farmland	0.25	0.46%	—	0.04%	0.50%
Managed Forest	0.25	0.46%	—	0.04%	0.50%

Sources and method

Tax rates and spending come from the Financial Information Return that Moonbeam files with the Province of Ontario; population, rents and home values from Statistics Canada.

Every source, the method and the limits

Tax rates: Ontario Financial Information Return (FIR), 22 GPL — Municipal and School Board Taxation. Ministry of Municipal Affairs and Housing, Municipal Act s.294(1). Years 2019, 2020, 2021, 2022, 2023, 2024; retrieved 2026-10-11. Download the file
Spending, households: Financial Information Return Schedule 40 (consolidated expenses by function) and Schedule 02 (households and population).
Population: Adapted from Statistics Canada, Table 17-10-0155-01, Population estimates, July 1, by census subdivision. This does not constitute an endorsement by Statistics Canada of this product. Statistics Canada Open Licence.
Rent, home value, income: Adapted from Statistics Canada, Census Profile, 2021 Census of Population. This does not constitute an endorsement by Statistics Canada of this product. Statistics Canada Open Licence. Rent is the median monthly shelter cost of renter households (rent plus any utilities they pay). The Ontario middle is the median across the municipalities with a published figure.
Method: Dollar figures are the rate times $500,000 of assessed value. Standing compares Moonbeam's 2024 total residential rate with all 414 Ontario municipalities: 44 of the other 413 charge more. The five colours split them into fifths.
Municipality ID: MunID 56056, MAH 81603
Limits: These are the figures Moonbeam filed with the province. An individual bill can include area-specific charges and local improvement levies that a municipality-wide rate does not capture. Reference, not tax advice.

Moonbeam property tax rate, 2024

Higher than 89% of the 414 Ontario municipalities