Rochester Hills, Oakland County, Michigan Property Taxes
Median Rochester Hills, MI effective property tax rate: 1.20%, significantly higher than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Rochester Hills, MI home value: $330,320
Median annual Rochester Hills, MI tax bill: $3,893, $1,493 higher than the national median property tax bill of $2,400.
How are property taxes in Oakland calculated?
Property taxes in Rochester Hills, 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 Rochester Hills’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Rochester Hills, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Rochester Hills, Oakland County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.2%
Estimate Property Tax Bill
$3,964
$3,678
Property Tax Rates Across Rochester Hills, Oakland County, Michigan
Local government entities in Michigan, such as those in Oakland County, establish property tax rates that can differ significantly across the state. This is due to each county's annual assessment of its budgetary needs to fund essential services, which is then divided by the total assessed value of all taxable property within the jurisdiction. This calculation determines the property tax rate. While votes and legal frameworks play a role in setting these rates and budgets, this is the core of the annual process.
In Rochester Hills, located in Oakland County, the effective property tax rate can be compared to other cities within Michigan, as well as the median property tax rates in Michigan and the U.S. The median property tax rate in Michigan is slightly higher than the national median, reflecting the state's unique budgetary requirements and property values. Rochester Hills' tax rate is representative of the variations seen across different regions in the state, with some areas having higher rates and others lower. This local variation underscores the importance of understanding the specific tax dynamics of each area.
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 Rochester Hills Tax Rate
1.20%
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 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 Rochester Hills, Oakland County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48306 | 0.96% | 1.05% | 1.20% | 1.43% | 1.51% |
| 48307 | 0.87% | 0.99% | 1.15% | 1.43% | 1.59% |
| 48309 | 1.00% | 1.07% | 1.22% | 1.49% | 1.73% |
Source: Ownwell
Property Tax Assessment Values Across Rochester Hills, Oakland County, Michigan
When examining property taxes in Rochester Hills, 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 Rochester Hills. For example, the median home price in Rochester Hills is $330,320, with tax bills ranging significantly across the county. Zip code 48306 has the highest median home price at $405,840.
Property Tax Assessment Values Across Rochester Hills, Oakland County, Michigan
Source: Ownwell
$64,640
$675,030
$1,285,420
Median Rochester Hills Market Value
$330,320
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 Rochester Hills, Oakland County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48306 | $221,602 | $335,035 | $405,840 | $476,525 | $633,390 |
| 48307 | $159,562 | $202,435 | $279,850 | $356,300 | $431,628 |
| 48309 | $167,360 | $234,980 | $338,340 | $393,880 | $471,308 |
Source: Ownwell
Property Tax Bills Across Rochester Hills, Oakland County, Michigan
In Rochester Hills, Oakland County, MI, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. The assessed value is typically a percentage of the market value. Homeowners in Rochester Hills face a median property tax bill that varies significantly across the city, with the 25th percentile at $2,905 and the 75th percentile reaching $5,237. Notably, the highest median tax bill in the area is $4,907 in the 48306 zip code, while the lowest is $3,319 in the 48307 zip code. These figures are above the national median property tax bill of $2,400, indicating a higher tax burden for local homeowners.
Ownwell offers services to help homeowners reduce their property tax bills by appealing their assessments and ensuring they receive any applicable exemptions. By leveraging expert knowledge and experience, Ownwell can identify discrepancies in property assessments and guide homeowners through the appeal process, potentially leading to significant savings on their annual tax bills.
Median Rochester Hills Tax Bill
$3,893
Median Oakland County Tax Bill
$3,833
Median Michigan Tax Bill
$1,795
Median United States Tax Bill
$2,400
Property Tax Bills Across Rochester Hills, Oakland County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48306 | $2,902 | $3,712 | $4,907 | $6,311 | $8,499 |
| 48307 | $1,669 | $2,454 | $3,319 | $4,598 | $5,786 |
| 48309 | $2,241 | $3,101 | $4,020 | $5,237 | $6,677 |
Source: Ownwell