Richmond Hill
All dollar amounts on this page are in Canadian dollars.
City introduction
Richmond Hill is a lower-tier city in York Region. It was first incorporated as a village in 1873 and was known as the Town of Richmond Hill until Council voted in 2019 to change its status to a city. The City describes a community of over 202,000 residents. Richmond Hill collects property taxes on behalf of York Region and the Province of Ontario for education, keeping roughly a quarter of the residential taxes collected for its own services.
Source: City of Richmond Hill — City of Richmond Hill, City of Richmond Hill 2024 Budget (budget book, "About the City").
Combined chart
Richmond Hill property tax increase, Canada inflation, and Canadian dollar Real CEER, 2015–2026
Bars: City of Richmond Hill tax rate annual increase (City portion), as headlined by the City.
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.
- 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.
| Year | City of Richmond Hill tax rate increase (City portion) | Canada inflation — Statistics Canada CPI annual average | Canadian dollar Real CEER — Bank of Canada, annual average of monthly values, total index (1999=100) |
|---|---|---|---|
| 2015 | 4.2% | 1.1% | 110.0 |
| 2016 | 4.25% | 1.4% | 108.4 |
| 2017 | 4.39% | 1.6% | 110.0 |
| 2018 | No data | 2.3% | 109.3 |
| 2019 | 2.07% | 1.9% | 108.6 |
| 2020 | 0.73% | 0.7% | 108.0 |
| Year | City of Richmond Hill tax rate increase (City portion) | Canada inflation — Statistics Canada CPI annual average | Canadian dollar Real CEER — Bank of Canada, annual average of monthly values, total index (1999=100) |
|---|---|---|---|
| 2021 | 0% (verified) | 3.4% | 113.0 |
| 2022 | 0% (verified) | 6.8% | 113.0 |
| 2023 | 3.72% | 3.9% | 108.4 |
| 2024 | 4.7% | 2.4% | 107.6 |
| 2025 | 4.69% | 2.1% | 104.9 |
| 2026 | 3.46% | No data | No data |
Sources for this chart:
- City of Richmond Hill property tax increase, 2015: City of Richmond Hill, "Richmond Hill Budget Approved"
- City of Richmond Hill property tax increase, 2016: City of Richmond Hill, "Richmond Hill Council Passes Balanced Operating Budget"
- City of Richmond Hill property tax increase, 2017: City of Richmond Hill, "Community Safety at the Top of Richmond Hill's Budget Priority List"
- City of Richmond Hill property tax increase, 2019: City of Richmond Hill, "Richmond Hill Approves Operating Budget for 2019"
- City of Richmond Hill property tax increase, 2020: City of Richmond Hill, Past Budgets
- City of Richmond Hill property tax increase, 2021: City of Richmond Hill, "Richmond Hill Council Delivers Property Tax Freeze"
- City of Richmond Hill property tax increase, 2022: City of Richmond Hill, "Richmond Hill Council Delivers Second Consecutive Property Tax Freeze"
- City of Richmond Hill property tax increase, 2023: City of Richmond Hill, "Richmond Hill Council Approves 2023 Operating Budget"
- City of Richmond Hill property tax increase, 2024: City of Richmond Hill, "Richmond Hill Budgets Set For 2024"
- City of Richmond Hill property tax increase, 2025: City of Richmond Hill, 2025 Budget Book
- City of Richmond Hill property tax increase, 2026: City of Richmond Hill, "Richmond Hill Sets 2026 Budget"
- 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 City of Richmond Hill's adopted tax rate increase for its own (municipal) portion of the bill, as headlined by the City for that year. 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 | 4.2% |
| 2016 | 4.25% |
| 2017 | 4.39% |
| 2018 | No data |
| 2019 | 2.07% |
| 2020 | 0.73% |
| Year | Figure |
|---|---|
| 2021 | 0% |
| 2022 | 0% |
| 2023 | 3.72% |
| 2024 | 4.7% |
| 2025 | 4.69% |
| 2026 | 3.46% |
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.
The City's published tax rate summaries give residential rates as percentages of assessed value. Converted at rate × 10:
| Year | City of Richmond Hill | York Region | Education | Total | Source |
|---|---|---|---|---|---|
| 2023 | $1.90 per $1,000 | No data | No data | No data | City of Richmond Hill, 2023 tax rate summary (published City residential rate 0.189580%), https://pub-richmondhill.escribemeetings.com/filestream.ashx?DocumentId=57500 |
| 2024 | $2.00 per $1,000 | $3.62 per $1,000 | $1.53 per $1,000 | $7.15 per $1,000 | City of Richmond Hill, 2024 tax rate summary (published rates: City 0.200386%, York Region 0.361852%, School 0.153000%, Total 0.715238%), https://pub-richmondhill.escribemeetings.com/filestream.ashx?DocumentId=62741 |
Official City tax rate summaries for 2025 and 2026 were not located (the values seen for those years appeared only on a third-party site and were not used). The Region and education columns are bill composition only and are not part of this page's increase calibre.
Method
This trend uses one metric only, every year: the City of Richmond Hill's adopted tax rate increase for its own (municipal) portion of the bill, as headlined by the City for that year.
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 Richmond Hill 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
- City of Richmond Hill introduction: City of Richmond Hill, City of Richmond Hill 2024 Budget (budget book, "About the City")
- City of Richmond Hill: City of Richmond Hill, "Richmond Hill Budget Approved"
- City of Richmond Hill: City of Richmond Hill, "Richmond Hill Council Passes Balanced Operating Budget"
- City of Richmond Hill: City of Richmond Hill, "Community Safety at the Top of Richmond Hill's Budget Priority List"
- City of Richmond Hill: City of Richmond Hill, "Richmond Hill Approves Operating Budget for 2019"
- City of Richmond Hill: City of Richmond Hill, Past Budgets
- City of Richmond Hill: City of Richmond Hill, "Richmond Hill Council Delivers Property Tax Freeze"
- City of Richmond Hill: City of Richmond Hill, "Richmond Hill Council Delivers Second Consecutive Property Tax Freeze"
- City of Richmond Hill: City of Richmond Hill, "Richmond Hill Council Approves 2023 Operating Budget"
- City of Richmond Hill: City of Richmond Hill, "Richmond Hill Budgets Set For 2024"
- City of Richmond Hill: City of Richmond Hill, 2025 Budget Book
- City of Richmond Hill: City of Richmond Hill, "Richmond Hill Sets 2026 Budget"
- 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 Richmond Hill source before relying on a figure.
