Kelowna

All dollar amounts on this page are in Canadian dollars.

City introduction

Kelowna is located in the heart of the Okanagan Valley on the traditional territory of the syilx/Okanagan People. The city sits on the eastern shore of Okanagan Lake, bordered by mountains, agricultural land and orchards, and it is the largest city in the Okanagan and the third-largest city in British Columbia. It is also one of the fastest-growing cities in Canada.

Kelowna serves as the gateway to the Okanagan and the B.C. Interior, with an international airport, a major regional hospital and a growing technology and wine economy alongside its long-established orchard and tourism sectors. The City's cultural plan describes a community shaped by its lake, beaches and agricultural landscape.

Source: City of Kelowna — City of Kelowna, Kelowna Cultural Plan 2020–2025 ("About Kelowna").

Combined chart

Kelowna property tax increase, Canada inflation, and Canadian dollar Real CEER, 2015–2026

Bars: City of Kelowna taxation demand annual increase.

Lines: Canada inflation (Canada CPI annual average, Statistics Canada) and Canadian dollar Real CEER (Bank of Canada). CEER is on the separate right axis and is not a percentage.

Bars — Kelowna taxation demand increase
Line — Canada inflation (Statistics Canada CPI annual average)
Line — Canadian dollar Real CEER — Bank of Canada, annual average of monthly values, total index (1999=100)

Scope notes

All figures are the City's taxation demand increase (the municipal levy requirement). Taxes collected for other authorities are not part of this series.

Kelowna's headline figure is the taxation demand increase — the growth in the total municipal tax levy the City requires — not the change in any individual tax bill. The 2019 figure is the City's combined published total, which the City itself split into a 1.83% municipal taxation increase and a 2.27% infrastructure levy. No official City document stating an adopted figure was located for 2020 (Council approved a provisional 4.15% in December 2019; media reported an amended final 2.05%) or for 2023 (media reported 3.78%), so those years are No data. The 2025 figure is as presented on the City's own budget page; the December 2024 approval was of the preliminary budget, with the final tax demand confirmed in April 2025.

A year shown as “No data” has no bar for property tax and no line point for that series. A missing year breaks a line: no line segment crosses a gap, and no value is interpolated. Inflation for 2026 is not yet published as an annual average. Each Canadian dollar Real CEER value is the annual average of the 12 monthly total Real CEER values from the Bank of Canada (a computed annual average, not a figure the Bank publishes directly as an annual value). CEER is an index on a separate right axis and is not a percentage. CEER for 2026 is No data because the year is incomplete.

Data behind the chart

The data table below carries one row per year, in year order, with the tax increase, the inflation value and the CEER value for that year, or “No data” where a series has no verified figure.

Year	City of Kelowna taxation demand increase	Canada inflation — Statistics Canada CPI annual average	Canadian dollar Real CEER — Bank of Canada, annual average of monthly values, total index (1999=100)
2015	No data	1.1%	110.0
2016	No data	1.4%	108.4
2017	No data	1.6%	110.0
2018	No data	2.3%	109.3
2019	4.1%	1.9%	108.6
2020	No data	0.7%	108.0

Year	City of Kelowna taxation demand increase	Canada inflation — Statistics Canada CPI annual average	Canadian dollar Real CEER — Bank of Canada, annual average of monthly values, total index (1999=100)
2021	4.04%	3.4%	113.0
2022	3.94%	6.8%	113.0
2023	No data	3.9%	108.4
2024	4.72%	2.4%	107.6
2025	4.34%	2.1%	104.9
2026	4.40%	No data	No data

Sources for this chart:

City of Kelowna property tax increase, 2019: City of Kelowna, City Views, May 2019
City of Kelowna property tax increase, 2021: City of Kelowna, City Views, May 2021
City of Kelowna property tax increase, 2022: City of Kelowna, City Views, May 2022
City of Kelowna property tax increase, 2024: City of Kelowna, 2024 property tax notice information
City of Kelowna property tax increase, 2025: City of Kelowna, "Kelowna's 2025 Budget"
City of Kelowna property tax increase, 2026: City of Kelowna, Council meeting highlights, April 20, 2026
Canada inflation, 2015–2025: Statistics Canada, Table 18-10-0005-01, CPI annual average. The 2026 annual average is not yet published.
Canadian dollar Real CEER, 2015–2025: Bank of Canada, Valet series CEER_BROADM, total index (1999=100), source file; explainer, Canadian effective exchange rates. Each value is the annual average of the 12 monthly total Real CEER values (a computed annual average, not a figure the Bank publishes directly as an annual value). CEER for 2026 is No data because the year is incomplete.

Housing property-tax historical trend

The trend uses one measure only: the taxation demand increase — the growth in the total municipal tax levy the City requires. Each row is the figure for that year on that one measure. A year with no verified figure on that measure is shown as No data.

Year	Figure
2015	No data
2016	No data
2017	No data
2018	No data
2019	4.1%
2020	No data

Year	Figure
2021	4.04%
2022	3.94%
2023	No data
2024	4.72%
2025	4.34%
2026	4.40%

Separate note — tax rates, not the trend

This note is separate from the trend above and is not part of it. A residential tax rate per $1,000 of assessed value can move even when the levy increase is small, because the assessment base changes. Rate figures are therefore not used as the trend and are not mixed into the increase chart.

Municipal portion (City of Kelowna only), residential class, from the adopted Annual Tax Rates Bylaw:

Year	Municipal residential rate per $1,000	Notes	Source
2026	2.9615	= General Municipal 2.8163 + Public Safety 0.0285 + Library 0.1167. The same bylaw also levies Hospital (0.2050) and Regional District (0.2253) rates, which are other authorities and are excluded from the municipal subtotal	City of Kelowna, Annual Tax Rates Bylaw 2026, No. 12892 (adopted May 4, 2026), Schedule 1, https://apps.kelowna.ca/CityPage/Docs/PDFs/Bylaws/Annual%20Tax%20Rates%20Bylaw%202026.pdf

Method

This trend uses one metric only, every year: the taxation demand increase — the growth in the total municipal tax levy the City requires.

Where a city publishes an increase as components, the components are recorded in the scope notes; a total is used only where the city itself publishes it.

Canada inflation is Statistics Canada, Table 18-10-0005-01, CPI annual average. Canadian dollar Real CEER is Bank of Canada, Valet series CEER_BROADM, total index (1999=100); each value is the annual average of the 12 monthly total Real CEER values (a computed annual average, not a figure the Bank publishes directly as an annual value).

How to read this page

Bars are the Kelowna taxation demand increase. Lines are Canada inflation and Canadian dollar Real CEER.

The left axis is a percentage axis shared by the bars and the inflation line. The right axis is a separate index axis for Canadian dollar Real CEER only. CEER is an index and is not a percentage.

A year shown as “No data” has no bar for property tax and no line point for that series, and a missing year breaks a line.

Tax rates per $1,000 are separate from the trend and are not charted.

Sources

City of Kelowna introduction: City of Kelowna, Kelowna Cultural Plan 2020–2025 ("About Kelowna")
City of Kelowna: City of Kelowna, City Views, May 2019
City of Kelowna: City of Kelowna, City Views, May 2021
City of Kelowna: City of Kelowna, City Views, May 2022
City of Kelowna: City of Kelowna, 2024 property tax notice information
City of Kelowna: City of Kelowna, "Kelowna's 2025 Budget"
City of Kelowna: City of Kelowna, Council meeting highlights, April 20, 2026
Statistics Canada, Table 18-10-0005-01: CPI annual average
Bank of Canada, Valet series CEER_BROADM: Real CEER source file

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This page is an independent guide. It is not a government site and it is not an official site. It is general information only and is not tax advice. Check the official City of Kelowna source before relying on a figure.