Non-Residential Property Assessment

Merging Citizen Dashboard with Open Hamilton

The Citizen Dashboard is in the process of being converted into an Open Data format, linking the Citizen Dashboard with Open Hamilton.  During this conversion, the data on the Citizen Dashboard will not be updated quarterly, resulting in some data being out of date.  The conversion is underway and is expected to be fully completed by June 2019. 

Importance


Growth in the non-residential property assessment base will assist in controlling residential property taxes and future property tax increases while developing a prosperous and diverse local economy. Property taxes contributed 57% of the City of Hamilton’s 2018 annual tax supported gross operating budget of $1.5 billion.

Story behind the numbers


The City of Hamilton’s non-residential property assessment as a percentage of total assessment averages just over 12%.  Hamilton’s share of non-residential assessment has decreased over time, which is a trend being experienced by other comparable municipalities. 

Residential property taxes as a percentage of household income are steady at slightly higher than 4% (4.5% for 2017).

Performance improvements


As per the City of Hamilton’s Economic Development Action Plan 2016 - 2020 (December 2016) the City’s goal is to attract and retain businesses in Hamilton in order to grow our non-residential assessment while also providing an increased number of living-wage job opportunities.  Areas of focus include small business development, promoting and selling Hamilton, commercial area revitalization, leveraging city real estate interests and open for business initiatives.

Source: City of Hamilton Corporate Services Department

Total Property Assessment

Total Property Assessment 2017
Non-Residential Property Assessment 12.2%
Residential Property Assessment 87.8%

DATA NOTE: The Citizen Dashboard is in the process of being converted into an Open Data format, linking the Citizen Dashboard with Open Hamilton.  During this conversion, the data on the Citizen Dashboard will not be updated quarterly, resulting in some data being out of date.  The conversion is underway and is expected to be fully completed by June 2019.