Dearborn, Wayne County, Michigan Property Taxes

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

Median Dearborn, MI effective property tax rate: 1.51%, significantly higher than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Dearborn, MI home value: $179,600
Median annual Dearborn, MI tax bill: $2,833, $433 higher than the national median property tax bill of $2,400.

How are property taxes in Wayne County calculated?

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

Last Updated March 1, 2025

Dearborn, Wayne County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.51%

Estimate Property Tax Bill

$2,712

$2,517

Ownwell’s Dearborn Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Dearborn with just two data points. By entering your property's estimated assessed value, our calculator applies Dearborn’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 Wayne County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Dearborn, Wayne County, Michigan

Local government entities set tax rates, which can vary widely within a state. Annually, 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. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Dearborn’s effective property tax rate to other cities in Michigan and the median property tax rates in Michigan and the U.S. In Wayne County, where Dearborn is located, the median property tax rate is 1.51%, which is significantly higher than the national median of 1.02%. Within Dearborn, the property tax rates also show variation. The highest median tax rate in zip code 48120 is 1.67%, while the lowest in zip code 48126 is 1.47%. By understanding these rates, property owners in Dearborn can make informed decisions about their property tax appeals and exemptions.

Property Tax Rates Across Dearborn, Wayne County, Michigan

Source: Ownwell

0.36%

1.48%

2.59%

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 Dearborn Tax Rate

1.51%

Median Effective Wayne County Tax Rate

1.44%

Median Effective Michigan Tax Rate

1.07%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Dearborn, Wayne County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
48120	1.17%	1.35%	1.67%	2.02%	2.29%
48124	1.18%	1.31%	1.54%	1.93%	2.18%
48126	1.06%	1.21%	1.47%	1.88%	2.20%
48128	1.14%	1.29%	1.48%	1.90%	2.18%

Source: Ownwell

Property Tax Assessment Values Across Dearborn, Wayne County, Michigan

When examining property taxes in Dearborn, 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 Wayne 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 Wayne 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 Dearborn.

For example, the median home price in Dearborn is $179,600, with tax bills ranging significantly across the county. Zip code 48128 has the highest median home price at $218,700.

Property Tax Assessment Values Across Dearborn, Wayne County, Michigan

Source: Ownwell

$26,200

$320,700

$615,200

Median Dearborn Market Value

$179,600

Median Wayne County Market Value

$126,800

Median Michigan Market Value

$177,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across Dearborn, Wayne County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
48120	$100,380	$121,950	$188,700	$251,900	$329,500
48124	$120,600	$141,800	$172,000	$239,400	$337,700
48126	$125,200	$146,300	$170,400	$203,400	$280,600
48128	$181,800	$196,600	$218,700	$258,600	$348,600

Source: Ownwell

Property Tax Bills Across Dearborn, Wayne County, Michigan

In Dearborn, Michigan, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. The median home price in Dearborn is $179,600, and tax bills can vary significantly. For example, the tax bill at the 25th percentile is $2,165, while at the 75th percentile, it rises to $3,851. The highest median tax bill in Dearborn's 48128 zip code is $3,515, which is above the national median tax bill of $2,400. These figures illustrate the potential financial burden on homeowners, especially those in higher tax brackets. Ownwell can assist homeowners by reviewing their property assessments and identifying opportunities for appeals or exemptions, potentially lowering their tax bills. By leveraging expert knowledge and local insights, Ownwell can help homeowners in Dearborn save money and ensure they are not overpaying on their property taxes.

Property Tax Bills Across Dearborn, Wayne County, Michigan

Source: Ownwell

$632

$6,198

$11,764

Median Dearborn Tax Bill

$2,833

Median Wayne County Tax Bill

$1,625

Median Michigan Tax Bill

$1,795

Median United States Tax Bill

$2,400

Property Tax Bills Across Dearborn, Wayne County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
48120	$1,618	$2,108	$2,965	$4,092	$5,638
48124	$1,754	$2,157	$2,842	$3,984	$5,707
48126	$1,659	$2,010	$2,538	$3,379	$4,616
48128	$2,561	$2,875	$3,515	$4,381	$5,484

Source: Ownwell