🏛️ Property Tax Calculators Michigan

Michigan Property Tax Calculator

Calculate Michigan property taxes. Effective rate: 1.54%. Estimate annual and monthly property tax on your home.

Free — No Sign-up Verified Data Editorially Reviewed Updated Feb 2026

Michigan Quick Facts

4.3% Income Tax Rate

1.54% Property Tax Rate

$63,202 Median Income

91.4 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

Property tax is calculated by multiplying the assessed value of your property by the local tax rate. In Michigan, the effective property tax rate averages 1.54%. This calculator uses the effective rate, which accounts for the difference between assessed and market value.

Standard financial formulas Pre-filled with real state data Estimates only — not financial advice

Data Source

Tax Foundation

View Original Source | Verified 2024-12-01 | Updated annually

Frequently Asked Questions

What is the property tax rate in Michigan?

Michigan's effective property tax rate is 1.54%. On a $235,000 home, that's approximately $3,619 per year or $302/month.

Does Michigan have a homestead exemption?

Michigan does not offer a significant statewide homestead exemption, though some counties may have local exemptions.

When are property taxes due in Michigan?

Property tax due dates vary by county in Michigan. Most counties bill semi-annually or annually. Check with your county assessor's office for specific dates. Many mortgage lenders collect property taxes monthly as part of escrow.

How does Michigan's property tax compare to other states?

Michigan's rate of 1.54% is above the national average of 1.10%.