When some individuals determine if they will afford a house, they merely think about the general buy worth of the home and the month-to-month mortgage cost. Sadly, they might not think about two different costly parts of house possession—the price of repairs and upkeep and the annual property tax. Usually, owners ought to put aside two to 4 p.c of the house’s worth for repairs and upkeep. As well as, earlier than buying a house in Michigan or every other state, they need to know how a lot the property taxes are. In your backside line, think about dwelling in one of many cities with the bottom property taxes in Michigan.
Normal Details about Michigan Property Taxes
In Michigan, property tax charges are decided on the county degree. As well as, Michigan has an efficient property tax charge for owner-occupied properties, referred to as the homestead charge. Nevertheless, those that personal second properties pays the next property tax on that extra house.
Low Property Tax Charges Don’t Essentially Imply Lowest Taxes
A resident of a county with a low property tax charge could pay larger taxes than a resident with the next property tax charge as a result of his home could have the next worth. The upper the worth of the house, the extra you’re more likely to pay in property taxes.
Cities with the Lowest Property Taxes in Michigan
Based on Property Tax 101, the county with the bottom property taxes in Michigan is Leelanau County the place property taxes are solely 0.83 p.c of a house’s worth.
Nevertheless, Leelanau County is a good looking vacationer space within the higher a part of the Decrease Peninsula bordering Lake Michigan, so most properties are costly. Due to this fact, this interprets to costlier property taxes than in different elements of the state despite the fact that the share of taxes paid based mostly on the house’s worth is decrease than in different counties within the state.
Some cities in Leelanau County embrace:
- Glen Arbor,
- Lake Leelanau,
- Maple Metropolis,
- Sutton’s Bay
The county with the second-lowest property taxes in Michigan is Alcona County, which can also be within the higher Decrease Peninsula, on the other facet of Leelanau County, and borders Lake Huron.
Cities within the county of Alcona embrace:
- Barton Metropolis,
- Black River,
Rounding out the highest three counties with the bottom property tax charges within the state is Luce County, which is within the Higher Peninsula and borders Lake Superior. As a result of properties are extra inexpensive on this space, Luce County additionally has the bottom median property tax within the state.
Cites in Luce County embrace:
Cities with the Highest Property Taxes in Michigan
The realm of Michigan that you simply stay in partly determines how inexpensive property taxes are. Property taxes are larger on the east facet of the state, together with Detroit and surrounding areas.
Due to this fact, the best efficient property taxes in Michigan might be present in Wayne County, house to Detroit. Property taxes are 2.07% of a house’s worth. A few of the cities in Wayne County embrace:
- Dearborn Heights,
- Grosse Pointe,
- Harper Woods,
The county with the second-highest efficient property tax charge is Ingham County, which homes the state capitol of Lansing. Ingham County’s tax charge is barely decrease than Wayne County’s, coming in at 1.97 p.c.
Cities in Ingham County embrace:
- East Lansing,
Lastly, Washtenaw County rounds out the highest three Michigan counties with the best efficient property tax charge. Washtenaw County is house to town of Ann Arbor and the College of Michigan and has a 1.81 p.c efficient property tax charge.
Cities inside Washtenaw County embrace:
- Ann Arbor,
- Whitmore Lake,
Property Tax Charges in Different Michigan Counties
Moreover the counties already talked about, Michigan has many counties that fall in between with efficient property tax charges between 0.86 p.c and 1.75 p.c.
High 10 Michigan Counties with the Lowest Property Tax
Rounding out the ten counties with the bottom efficient property tax charge are:
- Benzie County—0.86 p.c
- Montmorency County—0.88 p.c
- Oscoda County—0.90 p.c
- Cheboygan County—0.90 p.c
- Antrim County—0.95 p.c
- Mackinac County—0.97 p.c
- Ogemaw County—1.00 p.c
High 10 Michigan Counties with the Highest Property Tax
Rounding out the ten counties with the best efficient property tax charge are:
- Kalamazoo County—1.61 p.c
- Calhoun County—1.63 p.c
- Bay County—1.63 p.c
- Dickinson County—1.64 p.c
- Genesee County—1.65 p.c
- Macomb County—1.74 p.c
- Oakland County—1.75 p.c
Methods to Scale back Your Property Tax
In the event you really feel your property taxes are too excessive, you’ll be able to attraction. This course of requires you to make your case earlier than the Board of Critiques.
In the event you can’t afford your property taxes, you might qualify for considered one of these conditions, which can drop your whole property tax:
Michigan Circuit Breaker Legal guidelines
In the event you pay greater than 3.5 p.c of your revenue on property taxes, you might be able to get a refund of the distinction in your revenue taxes. Nevertheless, you will want to fill out Homestead Credit score Kind 1040CR.
Disabled Veterans Exemption
Underneath a legislation handed in 2013, a disabled veteran who was honorably discharged from the navy is exempt from property taxes. To qualify, the veteran should stay within the property as his or her main residence and file an affidavit proving that she or he meets all the necessities.
If the disabled veteran dies and his or her partner stays single, that partner shouldn’t be obligated to pay property taxes till she or he remarries.
Michigan is a scenic state that’s beautiful within the summertime. As well as, the state affords considerable outside recreation actions. Whereas the winters are chilly and snowy, residents can nonetheless discover loads of outside actions to take pleasure in. In the event you’d wish to stay within the state, bear in mind when shopping for a house to additionally think about the property tax charges within the space the place you want to stay. Usually, counties within the higher parts of the state have decrease property tax charges. These counties together with and surrounding bigger cities like Detroit and Lansing can have the best efficient property tax charges.
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Melissa is a author and digital assistant. She earned her Grasp’s from Southern Illinois College, and her Bachelor’s in English from the College of Michigan. When she’s not working, you could find her homeschooling her children, studying an excellent e book, or cooking. She resides in Arizona the place she dislikes the summer season warmth however loves the pure fantastic thing about the realm.