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Michigan property tax calculator

Michigan's effective property tax rate averages about 1.38% of market value — above the roughly 1.0% national average. That's roughly $3,312 a year on the state's $240,000 median home. The calculator is pre-filled with that rate.

$3,312 / year

Per month
$276.00
Assessed value
$240,000
Effective rate
1.38%

Rates vary by county and city — check your local assessor for the exact figure.

How it works

Your county assessor sets a taxable (assessed) value, which may be below market value, then applies the combined rate of every taxing body — county, city, school district, and any special levies. A homestead or senior exemption reduces the assessed value before the rate is applied, so an owner-occupied home often owes less than the headline rate on a rental or second home.

For comparison, homeowners insurance in Michigan averages about $1,400 a year, so on the median home the tax bill is the larger of the two escrow items. Michigan caps taxable-value growth on a home until it is sold, so long-time owners often pay far less than a new buyer of the same house. The state offers only a limited trade-in credit on vehicle tax.

Frequently asked questions

What is the property tax rate in Michigan?
Michigan's effective property tax rate averages about 1.38% of a home's market value — above the roughly 1.0% national average. That works out to roughly $3,312 a year on the state's $240,000 median home.
How is property tax calculated in Michigan?
Your county assessor sets a taxable (assessed) value, which may be below market value, then applies the combined rate of every taxing body — county, city, school district, and special levies. Exemptions like a homestead exemption reduce the assessed value first.
Property tax vs. homeowners insurance in Michigan — which costs more?
On the median home, Michigan property tax runs about $3,312 a year versus roughly $1,400 for insurance. Property tax is the larger of the two here.
Can I lower my property tax bill in Michigan?
Most owners can file a homestead exemption on a primary residence, and you can appeal the assessed value if comparable sales suggest it's too high. Senior, veteran, and disability exemptions may also apply.

Learn more: How property tax works

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