Hazel Park, Oakland County, Michigan Property Taxes

Name: Property Tax Bills Across Hazel Park, Oakland County, Michigan
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Hazel Park, MI effective property tax rate: 2.28%, significantly higher than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Hazel Park, MI home value: $87,000
Median annual Hazel Park, MI tax bill: $2,003, $397 lower than the national median property tax bill of $2,400.

How are property taxes in Oakland calculated?

Property taxes in Hazel Park, MI are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Hazel Park’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hazel Park, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Hazel Park, Oakland County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.28%

Estimate Property Tax Bill

$1,984

$1,841

Ownwell’s Hazel Park Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Hazel Park with just two data points.

By entering your property's estimated assessed value, our calculator applies Hazel Park’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Oakland County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Hazel Park, Oakland County, Michigan

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. Although votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.

In Hazel Park, located in Oakland County, Michigan, the effective property tax rate is notably higher than the national median. This rate reflects the county's need to fund local services, which may include schools, infrastructure, and emergency services. The property tax rate in Hazel Park is the highest in the state, making it a significant consideration for homeowners and potential buyers.

When compared to the national median property tax rate, Hazel Park's rate stands out, highlighting the importance of understanding local tax obligations. Homeowners in Hazel Park should be aware of these rates and consider property tax appeal services if they believe their assessed value does not accurately reflect their property's market value.

Property Tax Rates Across Hazel Park, Oakland County, Michigan

Source: Ownwell

0.91%

1.60%

2.28%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Hazel Park Tax Rate

2.28%

Median Effective Oakland County Tax Rate

1.37%

Median Effective Michigan Tax Rate

1.07%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Hazel Park, Oakland County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
48030	1.77%	1.92%	2.28%	2.93%	3.45%

Source: Ownwell

Property Tax Assessment Values Across Hazel Park, Oakland County, Michigan

When examining property taxes in Hazel Park, MI, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Oakland County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Oakland County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Hazel Park.

For example, the median home price in Hazel Park is $87,000, with tax bills ranging significantly across the county. Zip code 48030 has the highest median home price at $87,000.

Property Tax Assessment Values Across Hazel Park, Oakland County, Michigan

Source: Ownwell

$64,640

$675,030

$1,285,420

Median Hazel Park Market Value

$87,000

Median Oakland County Market Value

$273,320

Median Michigan Market Value

$177,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across Hazel Park, Oakland County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
48030	$64,720	$74,960	$87,000	$103,720	$133,000

Source: Ownwell

Property Tax Bills Across Hazel Park, Oakland County, Michigan

In Hazel Park, property tax bills are determined by the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value. With a median home price of $87,000, homeowners in Hazel Park face a median property tax bill of $2,003, slightly below the national median of $2,400. Factors influencing tax bills include changes in property value and local tax rates. Homeowners may find themselves paying anywhere from $1,648 at the 25th percentile to $3,472 at the 90th percentile, depending on their property's assessed value and applicable exemptions. This variability can affect homeowners' financial planning and budgeting. Ownwell offers expertise in property tax appeals and exemptions, helping homeowners potentially lower their tax bills. By analyzing property assessments and identifying discrepancies or overlooked exemptions, Ownwell can assist homeowners in reducing their financial burden and ensuring they only pay their fair share.

Property Tax Bills Across Hazel Park, Oakland County, Michigan

Source: Ownwell

$936

$8,192

$15,447

Median Hazel Park Tax Bill

$2,003

Median Oakland County Tax Bill

$3,833

Median Michigan Tax Bill

$1,795

Median United States Tax Bill

$2,400

Property Tax Bills Across Hazel Park, Oakland County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
48030	$1,432	$1,648	$2,003	$2,694	$3,472

Source: Ownwell