What is the property tax rate in Michigan?

Michigan has an effective property tax rate of 1.25%, ranking it #14 out of 50 states. The median homeowner pays $2,904 per year.

How are property taxes calculated in Michigan?

Property taxes in Michigan are calculated by multiplying the assessed value of your property by the local tax rate (millage rate). The effective rate shown here (1.25%) represents the median taxes paid as a percentage of median home value across the state.

Which county in Michigan has the lowest property taxes?

Among Michigan's 83 counties, Wexford County has one of the lowest effective property tax rates.

Does Michigan have a homestead exemption?

Yes, Michigan offers several property tax exemptions including: Homestead Property Tax Credit, Principal Residence Exemption (PRE), Disabled Veteran, Over 65 (Enhanced Credit). See the exemptions section above for details.

Michigan Property Tax Rate

83 Counties

1.25%effective rate

Michigan has an effective property tax rate of 1.25%, ranking it #14 among all 50 states. The median homeowner in Michigan pays $2,904 per year in property taxes on a home valued at $231,600. This rate is 36% higher than the national average of 0.92%.

Effective Tax Rate📊

1.25%

#14 of 50 states

Median Tax Paid🏠

$2,904

Per year

Median Home Value💰

$231,600

2024 estimate

Total Counties📍

Population: 10,077,761

Property Tax Rates by County in Michigan

Rank ▲	County	Effective Rate	Median Tax	Median Value
#1	Ingham County	1.83%	$3,640	$198,800
#2	Wayne County	1.63%	$2,904	$178,500
#3	Washtenaw County	1.52%	$5,678	$374,100
#4	Bay County	1.49%	$2,271	$152,200
#5	Saginaw County	1.49%	$2,284	$152,800
#6	Midland County	1.47%	$2,875	$195,400
#7	Calhoun County	1.45%	$2,368	$162,800
#8	Kalamazoo County	1.45%	$3,498	$241,800
#9	Gogebic County	1.43%	$1,535	$107,200
#10	Eaton County	1.41%	$3,067	$216,900
#11	Macomb County	1.40%	$3,404	$243,900
#12	Genesee County	1.36%	$2,487	$182,400
#13	Iron County	1.34%	$1,467	$109,100
#14	Isabella County	1.34%	$2,276	$170,400
#15	Shiawassee County	1.31%	$2,251	$171,600
#16	Dickinson County	1.27%	$1,940	$153,300
#17	Lenawee County	1.27%	$2,492	$196,800
#18	Oakland County	1.27%	$4,371	$343,600
#19	Chippewa County	1.26%	$2,038	$161,900
#20	Jackson County	1.26%	$2,432	$193,700

How Michigan Compares

Michigan

1.25%

National Average

0.92%

Neighboring States

Calculate Your Property Tax in Michigan

Property Tax Calculator

Estimate your annual property tax based on your location and home value

State

County

Home Value

$50k$2M

Apply homestead exemption ($100,000 reduction)

Estimated Annual Property Tax

$3,750

$313/month · Rate: 1.25%

Home Value

$300,000

Taxable Value

$300,000

Effective Rate

1.25%

Michigan Property Tax Exemptions

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Homestead Property Tax Credit

Up to $1,600 credit; 60% of taxes that exceed 3.2% of household income

Michigan homeowners with household income under $63,000 (income limits apply)

✓

Principal Residence Exemption (PRE)

Exemption from 18 mills of school operating taxes

Primary residence owners who file a PRE affidavit

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Disabled Veteran

100% exemption from property taxes on homestead

Veterans with 100% service-connected disability or receiving VA pension for total disability

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Over 65 (Enhanced Credit)

100% of taxes that exceed 3.2% of income (up to $1,600)

Homeowners age 65+ with household income under $63,000

Nearby States

Indiana

0.74%

Ohio

1.31%

Wisconsin

1.42%

Frequently Asked Questions

Data Source: U.S. Census Bureau, 2024 American Community Survey 5-Year Estimates (the latest available). Effective tax rates are calculated by dividing median real estate taxes paid by median home value. Actual property tax rates may vary based on local taxing jurisdictions, exemptions, and assessment practices. This information is for general reference only and should not be used as a substitute for professional tax advice.