Brownstown Twp, Michigan Property Taxes
The median property tax rate in Brownstown Twp, MI is 0.87%, which is lower than both the national median of 0.99% and the Michigan state median of 1.07%. With a median home value of $202,200 in Brownstown Twp, the typical annual property tax bill amounts to $1,769, falling below the national median of $2,690. Property taxes in Brownstown Twp are calculated based on the tax assessed value, which is often less than the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Brownstown Twp's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Brownstown Twp or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Brownstown Twp, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.87%
Estimate Property Tax Bill
$1,759
$1,632
Ownwell’s Brownstown Twp Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Brownstown Twp with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Brownstown Twp to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Brownstown Twp, Michigan
Property taxes in Brownstown Twp, Michigan, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Brownstown Twp is 0.87%, lower than the U.S. national median of 0.99%. Local government entities within Brownstown Twp set these rates annually, and they can vary significantly across different neighborhoods. Each year, Brownstown Twp estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Brownstown Twp's effective property tax rate to other counties in Michigan and the national median. For comparison, the 48183 zip code has the highest median property tax rate of 0.87%, while the same 48183 zip code also has the lowest median tax rate of 0.87%. Understanding how these cities compare with Brownstown Twp provides valuable insights into the varying tax landscape across Wayne County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Brownstown Twp Tax Rate
0.87%
Average Wayne County Tax Rate
1.44%
Average Michigan Tax Rate
1.07%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brownstown Twp, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48183 | 0.70% | 0.76% | 0.87% | 1.11% | 1.26% |
Source: Ownwell
Property Tax Assessment Values Across Brownstown Twp, Michigan
In Brownstown Twp, Michigan, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Wayne County Appraisal District for tax purposes. In contrast, the assessed value 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. In Brownstown Twp, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Brownstown Twp helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price here is $202,200, with the highest and lowest median tax bills both recorded at $1,769 in the 48183 zip code.
Average Brownstown Twp Assessed Value
$202,200
Average Wayne County Assessed Value
$126,800
Average Michigan Assessed Value
$177,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Brownstown Twp, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48183 | $78,800 | $161,050 | $202,200 | $234,750 | $319,520 |
Source: Ownwell
Property Tax Bills Across Brownstown Twp, Michigan
In Brownstown Township, Wayne County, MI, property tax bills are calculated based on the assessed value of a home, which is typically 50% of the market value. For instance, with a median home price of $202,200, the assessed value would be around $101,100. The local tax rate is then applied to this assessed value to determine the tax bill. Various factors such as local government budgets, school district funding, and public services influence the tax rate. Homeowners in Brownstown Township can expect their tax bills to vary significantly. For example, the tax bill at the 25th percentile is approximately $1,403, while at the 75th percentile, it rises to about $2,335. At the 90th percentile, homeowners might see tax bills as high as $3,292. These figures illustrate how property taxes can impact household budgets, with higher-valued homes typically facing steeper tax bills. Compared to the national median property tax rate of 0.99%, Brownstown Township's rates reflect the local economic and budgetary needs.
Average Brownstown Twp Tax Bill
$1,769
Average Wayne County Tax Bill
$1,625
Average Michigan Tax Bill
$1,795
Average United States Tax Bill
$2,690
Property Tax Bills Across Brownstown Twp, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48183 | $929 | $1,403 | $1,769 | $2,335 | $3,292 |
Source: Ownwell