West Bloomfield, Oakland County, Michigan Property Taxes

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

Median West Bloomfield, MI effective property tax rate: 1.39%, significantly higher than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median West Bloomfield, MI home value: $328,260
Median annual West Bloomfield, MI tax bill: $4,663, $2,263 higher than the national median property tax bill of $2,400.

How are property taxes in Oakland County calculated?

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

Last Updated March 1, 2025

West Bloomfield, Oakland County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.39%

Estimate Property Tax Bill

$4,563

$4,234

Ownwell’s West Bloomfield Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in West Bloomfield with just two data points. By entering your property's estimated assessed value, our calculator applies West Bloomfield’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 West Bloomfield, Oakland County, Michigan

Local government entities determine tax rates, which can vary significantly within a state. This variation arises because each county annually calculates its necessary budget to fund services and divides it by the total assessed value of all taxable properties within its jurisdiction. This calculation establishes the property tax rate. While the process involves votes and laws, this is the basic annual procedure.

In West Bloomfield, located in Oakland County, the effective property tax rate reflects these local decisions. Comparing West Bloomfield’s rate to other cities in Michigan and the median property tax rates in both Michigan and the U.S. offers valuable insights. Michigan's median property tax rate stands at 1.39%, higher than the national median of 1.02%. Within West Bloomfield, property tax rates can vary, with the highest median tax rate reaching 1.41% and the lowest at 1.36%. Understanding these nuances helps property owners make informed decisions about their investments and financial planning.

Property Tax Rates Across West Bloomfield, 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 West Bloomfield Tax Rate

1.39%

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 West Bloomfield, Oakland County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
48322	1.05%	1.18%	1.40%	1.63%	1.82%
48323	1.06%	1.20%	1.41%	1.63%	1.83%
48324	1.00%	1.15%	1.36%	1.63%	1.81%
48325	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across West Bloomfield, Oakland County, Michigan

When examining property taxes in West Bloomfield, 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 March. 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 West Bloomfield. For example, the median home price in West Bloomfield is $328,260, with tax bills ranging significantly across the county. Zip code 48323 has the highest median home price at $370,400.

Property Tax Assessment Values Across West Bloomfield, Oakland County, Michigan

Source: Ownwell

$64,640

$675,030

$1,285,420

Median West Bloomfield Market Value

$328,260

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 West Bloomfield, Oakland County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
48322	$191,950	$248,900	$309,980	$421,620	$575,330
48323	$206,924	$293,360	$370,400	$486,270	$657,160
48324	$177,844	$234,060	$321,960	$425,440	$651,668
48325	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across West Bloomfield, Oakland County, Michigan

In West Bloomfield, Michigan, property tax bills are calculated based on the assessed value of a home, which is typically around 50% of the market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. With a median home price of $328,260, homeowners in West Bloomfield can expect property tax bills that range significantly. For instance, the 25th percentile tax bill is approximately $3,321, while the 75th percentile reaches $6,723, and the 90th percentile climbs to $9,268. Comparatively, the national median property tax bill is $2,400. High property taxes can significantly impact homeowners, increasing living expenses and affecting the overall affordability of homeownership. Ownwell offers valuable assistance by providing property tax appeal and exemption services, potentially lowering these burdens. By analyzing property assessments and identifying discrepancies, Ownwell helps homeowners challenge excessive valuations, ensuring they pay only their fair share and potentially saving them thousands of dollars annually.

Property Tax Bills Across West Bloomfield, Oakland County, Michigan

Source: Ownwell

$936

$8,192

$15,447

Median West Bloomfield Tax Bill

$4,663

Median Oakland County Tax Bill

$3,833

Median Michigan Tax Bill

$1,795

Median United States Tax Bill

$2,400

Property Tax Bills Across West Bloomfield, Oakland County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
48322	$2,426	$3,247	$4,346	$6,439	$8,831
48323	$2,604	$3,770	$5,355	$7,399	$10,113
48324	$2,189	$3,051	$4,456	$6,281	$9,337
48325	N/A	N/A	N/A	N/A	N/A

Source: Ownwell