Thames Centre property tax rate 2023

Thames Centre in short

$5,266 a year on a $500,000 home: $2,345 to Thames Centre council, $2,156 to Middlesex County and $765 to schools.
Up 0.05 points since 2019, or $251 a year more on a $500,000 home.
Rent $1,000 a month, home value $670,000 in the 2021 Census, against an Ontario middle of $980 and $400,000.

Thames Centre has not filed 2025 with the province yet, so this page uses 2023, 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

Three bodies set Thames Centre's rate: Thames Centre council at 0.47%, Middlesex County at 0.43%, and the Province of Ontario for schools. The county portion is 41% of the bill, set by a council you vote for separately.

$2,345$2,156$765

Portion	Rate	On $500,000	Share
MunicipalThames Centre council	0.47%	$2,345	45%
County or regionMiddlesex County	0.43%	$2,156	41%
EducationProvince of Ontario	0.15%	$765	15%
Total	1.05%	$5,266	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, 2019–2023

Up every year since 2020. Since 2019 the total rate here has risen by 0.05 percentage points, from 1.00% to 1.05%. On a $500,000 home that is $251 a year more than in 2019.

20191.00%$5,015
20201.00%$4,999
20211.01%$5,061
20221.01%$5,074
20231.05%$5,266

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 $1,686M to $1,843M, and the residential levy collected went from $17M to $19M. 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	0.45%	0.39%	0.16%	1.00%	—	$5,015
2020	0.46%	0.39%	0.15%	1.00%	−0.00 pts	$4,999
2021	0.46%	0.40%	0.15%	1.01%	+0.01 pts	$5,061
2022	0.46%	0.40%	0.15%	1.01%	+0.00 pts	$5,074
2023	0.47%	0.43%	0.15%	1.05%	+0.04 pts	$5,266

Why are Thames Centre property taxes so low?

Thames Centre's total rate of 1.05% is 0.35 percentage points below the provincial middle (1.40%), which is not the same as a small bill. The taxable value is large next to what the budget must cover — $1.84B of residential value funds $19.4M in levy here — so a lower percentage raises enough, and the dollar amount on an expensive house can still be high.

Home values

Homes here are assessed at $339,307 per household, 24% more than the middle ($274,250). Higher values let it raise the same money per household at a lower rate.

Spending

It spends $4,021 per household, 7% less than the middle ($4,313). It spends more on parks and recreation (+$251) and garbage and recycling (+$29), and less on roads and bridges (−$171) and fire (−$143).

← Less than the middleMore than the middle →
Parks and recreation+$251
Garbage and recycling+$29
Roads and bridges−$171
Fire−$143

What it costs to live in Thames Centre

Cost	Thames Centre	Ontario middle
Rent, per monthmedian, 2021	$1,000Higher than 53% of 354	$980
Home valueowners’ estimate, 2021	$670,000Higher than 83% of 412	$400,000
Property tax on a $500,000 assessment2023	$5,266Lower than 83% of 414	$6,992
Households spending 30% or more on housingshare of income, 2021	11.3%Lower than 80% of 400	15.0%
Household incomemedian, before tax, 2020	$112,000Higher than 91% 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 Thames Centre

The 5 places closest to Thames Centre on total tax rate, assessment / household, spending per household, population, 5-year growth, people per household, among towns inside a county or region.

Place	Newest rate	On $500,000
Springwater2024 rate	0.89%	$4,448
Thames Centre this page	1.05%	$5,266
Mississippi Mills2024 rate	1.13%	$5,659
Grimsby2024 rate	1.14%	$5,695
Clearview2023 rate	1.19%	$5,973
North Grenville2024 rate	1.23%	$6,175

Others in Middlesex County

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

Municipality	Rate	On $500,000	vs Thames Centre
Middlesex Centre	1.31%	$6,553	+$1,287
Lucan Biddulph	1.32%	$6,624	+$1,358
Adelaide-Metcalfe	1.39%	$6,951	+$1,685
North Middlesex2023 rate	1.41%	$7,045	+$1,779
Strathroy-Caradoc	1.42%	$7,098	+$1,831
Newbury2023 rate	1.56%	$7,819	+$2,553
Southwest Middlesex2024 rate	1.59%	$7,940	+$2,674
London	1.68%	$8,382	+$3,116

All 414 Ontario municipalities in one table

More on Thames Centre

All 9 property classes, 2023

Residential is one of 9 classes Thames Centre 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
Industrial	1.7450999999999999	0.82%	0.75%	0.88%	2.45%
Large Industrial	1.7450999999999999	0.82%	0.75%	0.88%	2.45%
Commercial	1.1449	0.54%	0.49%	0.88%	1.91%
Shopping Centre	1.1449	0.54%	0.49%	0.88%	1.91%
Pipeline	1.0555	0.49%	0.46%	0.88%	1.83%
Multi-Residential	1.7697	0.83%	0.76%	0.15%	1.75%
Residential	1	0.47%	0.43%	0.15%	1.05%
Farmland	0.25	0.12%	0.11%	0.04%	0.26%
Managed Forest	0.25	0.12%	0.11%	0.04%	0.26%

Sources and method

Tax rates and spending come from the Financial Information Return that Thames Centre 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; 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 Thames Centre's 2023 total residential rate with all 414 Ontario municipalities: 343 of the other 413 charge more. The five colours split them into fifths.
Municipality ID: MunID 39025, MAH 59622
Limits: These are the figures Thames Centre 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.

Thames Centre property tax rate, 2023

Lower than 83% of the 414 Ontario municipalities