All dollar amounts on this page are in Canadian dollars.

City introduction

King is a township in the Regional Municipality of York, made up of villages and rural countryside; its largest village, King City, is home to the Township's Municipal Centre and to Seneca College's King Campus. The Township budgets on a two-part basis in recent years: a base tax increase for operations plus a previously approved dedicated increase for asset management.

Source: Township of King — Township of King, King City community page.

Combined chart

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

Bars: Township of King tax rate 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.

King property tax increase, Canada inflation, and Canadian dollar Real CEER, 2015–20260%2%4%6%8%10%104106108110112114No data2015No data2016No data2017No data2018No data2019No data20200% (verified)20210.75%2022No data20234.98%20243.68%20253.49%2026Increase (%)Canadian dollar Real CEER (1999=100)Year
  • Bars — King tax rate 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)

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.

YearTownship of King tax rate increaseCanada inflation — Statistics Canada CPI annual averageCanadian dollar Real CEER — Bank of Canada, annual average of monthly values, total index (1999=100)
2015No data1.1%110.0
2016No data1.4%108.4
2017No data1.6%110.0
2018No data2.3%109.3
2019No data1.9%108.6
2020No data0.7%108.0
YearTownship of King tax rate increaseCanada inflation — Statistics Canada CPI annual averageCanadian dollar Real CEER — Bank of Canada, annual average of monthly values, total index (1999=100)
20210% (verified)3.4%113.0
20220.75%6.8%113.0
2023No data3.9%108.4
20244.98%2.4%107.6
20253.68%2.1%104.9
20263.49%No dataNo data

Sources for this chart:

Housing property-tax historical trend

The trend uses one measure only: the Township of King tax rate increase percentage (the Township's own portion), as adopted by Council. 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.

YearFigure
2015No data
2016No data
2017No data
2018No data
2019No data
2020No data
YearFigure
20210%
20220.75%
2023No data
20244.98%
20253.68%
20263.49%

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.

No data — no Township of King official tax-rate schedule or tax brochure stating a residential tax rate is published, and no rate was taken from a third-party source.

Method

This trend uses one metric only, every year: the Township of King tax rate increase percentage (the Township's own portion), as adopted by Council.

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 King tax rate 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. A verified 0% increase sits at the zero line and is marked “0% (verified)”.

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

Sources

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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 Township of King source before relying on a figure.