Hamtramck, Wayne County, Michigan Property Taxes

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

Median HAMTRAMCK, MI effective property tax rate: 1.58%, significantly higher than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median HAMTRAMCK, MI home value: $102,000
Median annual HAMTRAMCK, MI tax bill: $1,188, $1,212 lower than the national median property tax bill of $2,400.

How are property taxes in Wayne County calculated?

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

Last Updated March 1, 2025

Hamtramck, Wayne County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.58%

Estimate Property Tax Bill

$1,612

$1,496

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

Local government entities are responsible for setting tax rates, and these can vary significantly within a state. The reason for this variation is that each county annually estimates its necessary budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This process determines the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially the annual procedure.

In Hamtramck, located in Wayne County, Michigan, the effective property tax rate is notably higher than the national median of 1.02%. This rate is among the highest in the state. When compared to other cities in Michigan, Hamtramck's rate reflects the broader trend within the county, where tax rates are generally elevated. The median property tax rate in Michigan also surpasses the national median, highlighting the state's higher tax burden. Understanding these differences is crucial for property owners who are considering appealing their property taxes or seeking exemptions.

Property Tax Rates Across Hamtramck, 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 Hamtramck Tax Rate

1.58%

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 Hamtramck, Wayne County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
48211	0.74%	0.83%	1.02%	1.91%	3.19%
48212	0.82%	1.04%	1.59%	2.67%	3.77%

Source: Ownwell

Property Tax Assessment Values Across Hamtramck, Wayne County, Michigan

When examining property taxes in Hamtramck, 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 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 Hamtramck. For example, the median home price in Hamtramck is $102,000, with tax bills ranging significantly across the county. Zip code 48211 has the highest median home price at $125,800.

Property Tax Assessment Values Across Hamtramck, Wayne County, Michigan

Source: Ownwell

$26,200

$320,700

$615,200

Median Hamtramck Market Value

$102,000

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 Hamtramck, Wayne County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
48211	$24,800	$85,200	$125,800	$136,600	$151,600
48212	$14,060	$32,400	$101,600	$142,000	$176,360

Source: Ownwell

Property Tax Bills Across Hamtramck, Wayne County, Michigan

In Hamtramck, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. This assessed value is a percentage of the market value, and it is used to calculate the property tax bill. The median property tax bill in Wayne County is $1,190, which is below the national median of $2,400. However, homeowners in Hamtramck can still face significant tax burdens, particularly if their property value is closer to the higher end of the spectrum, with bills reaching up to $2,725 for the 90th percentile. Various factors, such as changes in property value and local tax rates, influence the final tax bill. Homeowners can benefit from appealing their property taxes, potentially lowering their bills. Ownwell specializes in helping homeowners navigate the complex property tax system, offering services to appeal and secure exemptions. By leveraging their expertise, homeowners can ensure they are not overpaying and can save significantly on their property tax bills.

Property Tax Bills Across Hamtramck, Wayne County, Michigan

Source: Ownwell

$632

$6,198

$11,764

Median Hamtramck Tax Bill

$1,188

Median Wayne County Tax Bill

$1,625

Median Michigan Tax Bill

$1,795

Median United States Tax Bill

$2,400

Property Tax Bills Across Hamtramck, Wayne County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
48211	$698	$905	$1,090	$1,401	$1,716
48212	$604	$823	$1,190	$1,780	$2,731

Source: Ownwell