Oakland County Property Taxes
The median property tax rate in Oakland County is 1.37%, which is significantly higher than both the national median of 0.99% and the Michigan state median of 1.07%. With the median home value in Oakland County, the typical annual property tax bill reaches $3,833, which exceeds the national median of $2,690. Property taxes in Oakland County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Oakland County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in a bustling city like Troy or another part of Oakland County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Oakland County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.37%
Estimate Property Tax Bill
$3,744
$3,475
Ownwell’s Oakland Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Oakland with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Oakland to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Oakland County, Michigan
Property taxes in Oakland County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Oakland County is 1.37%, which is higher than the U.S. national median of 0.99%. Local government entities within Oakland County set these rates annually, and they can vary significantly between different areas within the county. Each year, Oakland County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Oakland County's effective property tax rate with other areas in Michigan and the national median. For comparison, the city of Clinton Township has one of the higher property tax rates in Michigan at 2.53%, while the city of Canton boasts one of the lowest at 0.61%. Analyzing how Oakland County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Oakland County Tax Rate
1.37%
Average Michigan Tax Rate
1.07%
Average United States Tax Rate
0.99%
Property Tax Rates Across Oakland County, Michigan
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Auburn Hills | 0.88% | 1.04% | 1.24% | 1.54% | 1.81% |
Berkley | 1.04% | 1.11% | 1.36% | 1.67% | 1.79% |
Beverly Hills | 1.10% | 1.17% | 1.26% | 1.70% | 1.85% |
Bingham Farms | 1.12% | 1.17% | 1.36% | 1.64% | 1.71% |
Birmingham | 1.05% | 1.20% | 1.48% | 1.78% | 1.95% |
Bloomfield Hills | 0.98% | 1.15% | 1.39% | 1.66% | 1.84% |
Bloomfield Township | 1.02% | 1.18% | 1.37% | 1.65% | 1.83% |
Bloomfield Village | 1.45% | 1.50% | 1.58% | 1.67% | 1.72% |
Canton | 0.61% | 0.61% | 0.61% | 0.61% | 0.61% |
Clarkston | 0.85% | 0.97% | 1.16% | 1.40% | 1.51% |
Clawson | 1.15% | 1.23% | 1.33% | 1.93% | 2.18% |
Clinton Township | 2.53% | 2.53% | 2.53% | 2.53% | 2.53% |
Commerce Township | 0.86% | 0.97% | 1.13% | 1.37% | 1.51% |
Davisburg | 0.82% | 0.94% | 1.11% | 1.35% | 1.50% |
Dryden | 0.62% | 0.70% | 0.78% | 1.05% | 1.36% |
Farmington | 1.26% | 1.40% | 1.60% | 2.01% | 2.20% |
Farmington Hills | 1.23% | 1.42% | 1.64% | 2.00% | 2.21% |
Fenton | 0.72% | 0.79% | 0.91% | 1.18% | 1.35% |
Ferndale | 1.08% | 1.25% | 1.61% | 2.28% | 2.61% |
Franklin | 0.97% | 1.14% | 1.31% | 1.53% | 1.74% |
Goodrich | 1.29% | 1.29% | 1.29% | 1.29% | 1.29% |
Grand Blanc | 0.86% | 0.90% | 1.02% | 1.35% | 1.38% |
Hazel Park | 1.77% | 1.92% | 2.28% | 2.93% | 3.45% |
Highland | 0.87% | 0.97% | 1.12% | 1.38% | 1.52% |
Holly | 0.77% | 0.87% | 1.06% | 1.35% | 1.66% |
Huntington Woods | 1.31% | 1.42% | 1.55% | 2.05% | 2.21% |
Keego Harbor | 0.97% | 1.11% | 1.44% | 1.76% | 2.11% |
Lake Angelus | 0.80% | 0.94% | 1.16% | 1.45% | 1.72% |
Lake Orion | 0.92% | 1.05% | 1.30% | 1.55% | 1.69% |
Lathrup Village | 1.15% | 1.25% | 1.41% | 1.91% | 2.34% |
Leonard | 0.91% | 1.03% | 1.21% | 1.50% | 1.77% |
Madison Heights | 0.92% | 1.18% | 1.41% | 1.92% | 2.49% |
Metamora | 0.99% | 1.11% | 1.31% | 1.44% | 1.49% |
Milford | 0.98% | 1.08% | 1.27% | 1.58% | 1.86% |
New Hudson | 0.88% | 0.96% | 1.20% | 1.39% | 1.43% |
Northville | 1.01% | 1.16% | 1.46% | 1.70% | 2.01% |
Novi | 0.99% | 1.15% | 1.38% | 1.60% | 1.74% |
Oakland | 0.80% | 0.94% | 1.07% | 1.18% | 1.31% |
Oakland Township | 0.84% | 0.88% | 1.04% | 1.17% | 1.21% |
Oak Park | 0.93% | 1.01% | 1.19% | 1.59% | 2.26% |
Orchard Lake | 1.02% | 1.12% | 1.28% | 1.57% | 1.81% |
Orion | 1.03% | 1.04% | 1.10% | 1.44% | 1.59% |
Ortonville | 0.97% | 1.12% | 1.29% | 1.59% | 1.82% |
Oxford | 0.98% | 1.09% | 1.29% | 1.58% | 1.74% |
Pleasant Ridge | 1.20% | 1.31% | 1.59% | 1.99% | 2.18% |
Pontiac | 0.79% | 0.94% | 1.26% | 1.71% | 2.44% |
Rochester | 0.80% | 0.94% | 1.14% | 1.39% | 1.56% |
Rochester Hills | 0.94% | 1.04% | 1.20% | 1.46% | 1.63% |
Royal Oak | 1.51% | 1.66% | 2.04% | 2.45% | 3.02% |
Southfield | 1.26% | 1.39% | 1.60% | 2.17% | 2.90% |
South Lyon | 0.97% | 1.15% | 1.35% | 1.54% | 1.82% |
Sylvan Lake | 0.82% | 0.93% | 1.15% | 1.56% | 1.89% |
Troy | 1.05% | 1.16% | 1.31% | 1.64% | 1.73% |
Walled Lake | 0.75% | 0.98% | 1.31% | 1.65% | 1.89% |
Waterford | 0.85% | 0.97% | 1.17% | 1.53% | 1.71% |
W Bloomfld Tw | 0.90% | 1.23% | 1.46% | 1.58% | 1.76% |
West Bloomfield | 1.03% | 1.18% | 1.39% | 1.63% | 1.82% |
White Lake | 0.88% | 1.02% | 1.22% | 1.48% | 1.67% |
Wixom | 0.95% | 1.08% | 1.24% | 1.55% | 1.70% |
Wolverine Lake | 1.02% | 1.09% | 1.18% | 1.56% | 1.74% |
Source: Ownwell
Property Tax Assessment Values Across Oakland County, Michigan
In Oakland County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Oakland County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Oakland County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. The median home price in Oakland County is $273,320, with tax bills ranging from $927 in Canton to $28,989 in Bloomfield Village. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Oakland County, Michigan
Source: Ownwell
$64,640
$936,355
$1,808,070
Average Oakland County Assessed Value
$273,320
Average Michigan Assessed Value
$177,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Oakland County, Michigan
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Auburn Hills | $123,220 | $158,380 | $200,910 | $305,170 | $385,772 |
Berkley | $202,360 | $223,180 | $250,940 | $300,420 | $400,880 |
Beverly Hills | $280,876 | $343,780 | $446,460 | $546,670 | $670,812 |
Bingham Farms | $343,996 | $376,280 | $436,540 | $747,360 | $1,312,684 |
Birmingham | $238,940 | $338,320 | $575,880 | $892,440 | $1,400,380 |
Bloomfield Hills | $224,568 | $369,580 | $511,780 | $804,610 | $1,357,492 |
Bloomfield Township | $266,814 | $344,785 | $505,850 | $637,410 | $998,134 |
Bloomfield Village | $1,646,670 | $1,707,195 | $1,808,070 | $1,908,945 | $1,969,470 |
Canton | $152,080 | $152,080 | $152,080 | $152,080 | $152,080 |
Clarkston | $187,980 | $245,000 | $326,800 | $451,800 | $574,480 |
Clawson | $176,340 | $200,820 | $229,580 | $265,560 | $308,498 |
Clinton Township | $75,380 | $75,380 | $75,380 | $75,380 | $75,380 |
Commerce Township | $181,040 | $245,880 | $334,350 | $450,120 | $581,032 |
Davisburg | $185,200 | $248,570 | $336,370 | $437,045 | $537,126 |
Dryden | $416,980 | $501,220 | $729,310 | $896,530 | $2,956,120 |
Farmington | $90,720 | $205,180 | $251,400 | $308,730 | $370,980 |
Farmington Hills | $133,160 | $198,720 | $281,600 | $345,680 | $405,480 |
Fenton | $165,780 | $214,730 | $285,700 | $371,060 | $513,968 |
Ferndale | $129,784 | $161,480 | $203,180 | $256,930 | $325,436 |
Franklin | $355,700 | $490,955 | $661,850 | $944,720 | $1,404,888 |
Goodrich | $282,860 | $282,860 | $282,860 | $282,860 | $282,860 |
Grand Blanc | $215,872 | $224,460 | $237,740 | $276,160 | $296,348 |
Hazel Park | $64,720 | $74,960 | $87,000 | $103,720 | $133,000 |
Highland | $165,476 | $222,905 | $310,120 | $429,645 | $572,394 |
Holly | $134,100 | $173,820 | $247,960 | $332,030 | $454,776 |
Huntington Woods | $313,756 | $345,590 | $410,510 | $553,715 | $737,034 |
Keego Harbor | $115,060 | $127,300 | $168,920 | $289,460 | $521,000 |
Lake Angelus | $291,764 | $976,535 | $1,285,420 | $1,710,650 | $2,377,034 |
Lake Orion | $156,934 | $211,280 | $308,870 | $431,070 | $554,432 |
Lathrup Village | $190,924 | $231,340 | $269,860 | $313,660 | $359,568 |
Leonard | $149,804 | $245,820 | $367,960 | $501,920 | $676,692 |
Madison Heights | $107,126 | $134,760 | $169,060 | $194,665 | $227,394 |
Metamora | $417,360 | $500,760 | $563,520 | $693,225 | $985,390 |
Milford | $200,632 | $255,200 | $358,700 | $492,850 | $655,240 |
New Hudson | $228,174 | $287,345 | $357,890 | $428,735 | $472,968 |
Northville | $172,320 | $256,220 | $365,240 | $524,000 | $793,224 |
Novi | $148,600 | $255,850 | $376,600 | $508,570 | $631,492 |
Oakland | $260,160 | $362,780 | $531,940 | $739,860 | $876,100 |
Oakland Township | $366,652 | $444,530 | $511,040 | $659,950 | $1,041,728 |
Oak Park | $121,200 | $160,400 | $186,600 | $212,600 | $247,660 |
Orchard Lake | $289,660 | $420,600 | $628,080 | $1,590,840 | $2,852,960 |
Orion | $352,120 | $373,380 | $394,260 | $429,400 | $461,580 |
Ortonville | $178,128 | $237,750 | $307,540 | $389,660 | $474,616 |
Oxford | $185,600 | $251,350 | $324,600 | $413,300 | $535,632 |
Pleasant Ridge | $260,374 | $317,195 | $388,490 | $523,280 | $711,040 |
Pontiac | $43,206 | $56,640 | $75,000 | $107,405 | $158,128 |
Rochester | $193,560 | $305,065 | $429,870 | $584,885 | $784,350 |
Rochester Hills | $171,252 | $228,160 | $330,320 | $400,960 | $488,116 |
Royal Oak | $121,840 | $154,360 | $186,580 | $234,750 | $300,968 |
Southfield | $94,532 | $134,310 | $189,220 | $241,780 | $285,408 |
South Lyon | $171,556 | $258,170 | $389,470 | $487,140 | $570,704 |
Sylvan Lake | $218,390 | $250,910 | $302,770 | $391,685 | $722,700 |
Troy | $189,260 | $258,280 | $327,040 | $426,700 | $545,120 |
Walled Lake | $142,172 | $165,680 | $205,380 | $268,300 | $423,508 |
Waterford | $130,360 | $163,980 | $207,040 | $272,210 | $380,668 |
W Bloomfld Tw | $126,752 | $363,920 | $551,260 | $750,020 | $1,144,536 |
West Bloomfield | $191,080 | $255,720 | $328,260 | $445,140 | $607,824 |
White Lake | $173,680 | $232,345 | $310,950 | $399,365 | $494,014 |
Wixom | $216,900 | $255,380 | $304,650 | $375,445 | $438,140 |
Wolverine Lake | $163,318 | $200,705 | $248,360 | $417,465 | $637,466 |
Source: Ownwell
Property Tax Bills Across Oakland County, Michigan
Property tax bills in Oakland County, Michigan are determined by a combination of the property's assessed value and the local tax rate. The assessed value is typically a percentage of the property's market value, which is determined by the county assessor. Homeowners can expect a wide range of tax bills depending on their property's value and location. For instance, the median home price in Oakland County is $273,320, which can result in varying tax bills. At the lower end, the 25th percentile tax bill is around $2,499, while those in the 75th percentile pay about $5,740. Homeowners at the 90th percentile face tax bills as high as $8,246. Notably, Bloomfield Village has the highest median tax bill at $28,989, whereas Canton boasts the lowest at $927. These property tax bills significantly impact homeowners, as they are a recurring expense that must be budgeted for annually. Compared to the national median property tax rate of 0.99%, Oakland County's rates can vary widely, reflecting the diversity in property values and local tax policies.
Average Oakland County Tax Bill
$3,833
Average Michigan Tax Bill
$1,795
Average United States Tax Bill
$2,690
Property Tax Bills Across Oakland County, Michigan
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Auburn Hills | $1,404 | $1,887 | $2,645 | $3,922 | $5,777 |
Berkley | $2,361 | $2,745 | $3,565 | $4,578 | $6,013 |
Beverly Hills | $3,706 | $4,665 | $6,008 | $7,841 | $9,887 |
Bingham Farms | $4,246 | $5,200 | $6,701 | $10,527 | $17,471 |
Birmingham | $3,217 | $4,892 | $8,372 | $13,623 | $21,793 |
Bloomfield Hills | $2,868 | $4,830 | $7,256 | $11,780 | $20,188 |
Bloomfield Township | $3,300 | $5,111 | $6,940 | $9,405 | $14,053 |
Bloomfield Village | $24,023 | $25,885 | $28,989 | $32,092 | $33,955 |
Canton | $927 | $927 | $927 | $927 | $927 |
Clarkston | $1,926 | $2,616 | $3,866 | $5,619 | $7,608 |
Clawson | $2,288 | $2,767 | $3,429 | $4,460 | $5,486 |
Clinton Township | $1,905 | $1,905 | $1,905 | $1,905 | $1,905 |
Commerce Township | $1,981 | $2,639 | $3,825 | $5,419 | $7,303 |
Davisburg | $1,919 | $2,615 | $3,667 | $5,114 | $6,603 |
Dryden | $4,125 | $5,143 | $5,544 | $6,048 | $30,951 |
Farmington | $1,438 | $3,061 | $4,195 | $5,348 | $6,745 |
Farmington Hills | $2,022 | $3,257 | $4,564 | $6,059 | $7,564 |
Fenton | $1,549 | $2,055 | $2,677 | $3,698 | $5,141 |
Ferndale | $1,768 | $2,294 | $3,342 | $4,897 | $6,628 |
Franklin | $4,347 | $6,178 | $8,747 | $13,268 | $20,354 |
Goodrich | $3,649 | $3,649 | $3,649 | $3,649 | $3,649 |
Grand Blanc | $1,947 | $2,138 | $2,668 | $3,164 | $3,866 |
Hazel Park | $1,432 | $1,648 | $2,003 | $2,694 | $3,472 |
Highland | $1,845 | $2,467 | $3,544 | $5,135 | $7,000 |
Holly | $1,457 | $1,928 | $2,647 | $3,661 | $4,990 |
Huntington Woods | $4,810 | $5,627 | $7,235 | $9,158 | $12,317 |
Keego Harbor | $1,263 | $1,828 | $2,624 | $4,115 | $6,574 |
Lake Angelus | $3,298 | $9,312 | $15,447 | $22,023 | $29,379 |
Lake Orion | $1,874 | $2,640 | $3,974 | $5,967 | $8,009 |
Lathrup Village | $2,801 | $3,291 | $3,945 | $5,225 | $6,729 |
Leonard | $2,097 | $3,185 | $4,391 | $6,153 | $8,441 |
Madison Heights | $1,206 | $1,672 | $2,470 | $3,356 | $4,628 |
Metamora | $5,358 | $6,786 | $7,717 | $8,176 | $10,848 |
Milford | $2,339 | $3,364 | $4,713 | $6,707 | $9,213 |
New Hudson | $2,434 | $2,919 | $4,091 | $5,504 | $6,349 |
Northville | $2,278 | $3,786 | $5,548 | $7,944 | $12,036 |
Novi | $2,206 | $3,431 | $5,246 | $7,609 | $9,884 |
Oakland | $2,499 | $3,674 | $5,550 | $7,904 | $9,851 |
Oakland Township | $3,682 | $4,210 | $5,372 | $7,299 | $11,792 |
Oak Park | $1,467 | $1,816 | $2,238 | $3,099 | $4,329 |
Orchard Lake | $3,547 | $5,223 | $8,690 | $21,989 | $40,596 |
Orion | $3,778 | $4,070 | $4,516 | $5,655 | $6,397 |
Ortonville | $2,222 | $3,039 | $3,995 | $5,271 | $6,728 |
Oxford | $2,256 | $3,071 | $4,272 | $5,789 | $7,800 |
Pleasant Ridge | $3,690 | $4,759 | $6,531 | $9,088 | $12,097 |
Pontiac | $557 | $711 | $993 | $1,484 | $2,086 |
Rochester | $2,114 | $3,182 | $5,007 | $7,244 | $9,716 |
Rochester Hills | $1,987 | $2,905 | $3,893 | $5,237 | $6,718 |
Royal Oak | $2,289 | $2,953 | $3,903 | $5,178 | $7,045 |
Southfield | $1,553 | $2,217 | $3,158 | $4,276 | $5,845 |
South Lyon | $2,206 | $3,305 | $4,980 | $6,803 | $8,398 |
Sylvan Lake | $2,288 | $2,770 | $3,818 | $5,634 | $8,582 |
Troy | $2,571 | $3,394 | $4,486 | $6,152 | $8,311 |
Walled Lake | $1,263 | $2,001 | $2,821 | $3,935 | $5,710 |
Waterford | $1,381 | $1,835 | $2,497 | $3,596 | $5,230 |
W Bloomfld Tw | $1,145 | $5,237 | $8,697 | $10,870 | $16,671 |
West Bloomfield | $2,388 | $3,321 | $4,663 | $6,723 | $9,268 |
White Lake | $1,864 | $2,625 | $3,885 | $5,356 | $6,792 |
Wixom | $2,387 | $2,936 | $3,933 | $5,059 | $6,430 |
Wolverine Lake | $2,084 | $2,506 | $3,235 | $5,346 | $8,355 |
Source: Ownwell
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