South Korea Property Tax Calculator
Free South Korea property tax calculator with country-specific defaults and clear step-by-step results.
About South Korea Property Tax Calculator
Estimates annual and monthly property tax from the assessed value and an annual tax rate you enter.
Formula
Formula
Annual tax = property value × tax rate
Assessed value and rates differ from market value — check the local South Korea valuation authority.
Frequently Asked Questions
How does this calculator work?
Estimates annual and monthly property tax from the assessed value and an annual tax rate you enter.
Are the figures specific to South Korea?
Property tax is a recurring ownership cost that is easy to underestimate when budgeting a purchase.
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South Korea specifics
- Currency
- ₩ KRWSouth Korean Won
- Region
- Asia
- Country code
- KR
- Amounts look like
- ₩1,234,568
- Dates look like
- Mar 9, 2026
- Units
- metricWeek starts Sunday
In South Korea, KRW has no minor unit, so amounts are whole numbers.
Results on this page are expressed in KRW (South Korean Won). Figures are estimates for general planning — confirm current rates and thresholds with the relevant South Korea authority before relying on them.