Michigan Property Tax Calculator
See what Michigan property tax actually costs in 2026. Plug in your home's assessed value and county for a full annual estimate covering county rates (0.5%โ2.5%+), homestead exemption (18 mills), and Proposal A protections.Updated 2026
Michigan Property Tax Estimator โ Quick Look
Estimated annual property tax for common home values.
| Assessed Value | County | Tax Rate | Annual Tax | Monthly |
|---|---|---|---|---|
| $200,000 | Wayne (1.8%) | 1.80% | $3,600 | $300 |
| $250,000 | Wayne (1.8%) | 1.80% | $4,500 | $375 |
| $250,000 | Oakland (1.6%) | 1.60% | $4,000 | $333 |
| $250,000 | Washtenaw (1.4%) | 1.40% | $3,500 | $292 |
| $400,000 | Wayne (1.8%) | 1.80% | $7,200 | $600 |
* Estimates for primary residence with homestead exemption. Actual tax varies by city and school district.
Michigan Property Tax Information 2026
Average Effective Rate: 1.20%โ1.80% County + City + School
Assessment Ratio: Residential property assessed at 50% of market value (State Equalized Value).
Key Programs:
- Homestead Exemption: Exempts up to 18 mills for owner-occupied primary residences
- Proposal A (1994): Caps annual assessment increases at 5% or inflation (whichever is lower)
- Senior/Disabled Exemption: Additional exemption for qualifying seniors and disabled individuals
- Veterans Exemption: Available for disabled veterans
Tax Composition: School ~45%, County ~20%, City ~20%, Special districts ~15%
Source: Michigan Department of Treasury โ Updated July 2026
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๐ Data Methodology
Michigan property tax calculations use county-specific rates from the Michigan Department of Treasury. 50% assessment ratio (State Equalized Value) applies. Homestead exemption of 18 mills for primary residences. Proposal A caps assessment increases at 5% or inflation. Source: MI Treasury ยท Updated July 2026