Wayne, Wayne County, Michigan Property Taxes

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

Median Wayne, MI effective property tax rate: 1.44%, significantly higher than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Wayne, MI home value: $123,200
Median annual Wayne, MI tax bill: $1,967, $433 lower than the national median property tax bill of $2,400.

How are property taxes in Wayne County calculated?

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

Last Updated March 1, 2025

Wayne, Wayne County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.44%

Estimate Property Tax Bill

$1,774

$1,646

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

Local government entities are responsible for setting tax rates, and these can differ significantly across a state. Each year, counties calculate the necessary budget to provide public services and then divide this by the total assessed value of all taxable properties within their area. This determines the property tax rate. Although the process involves votes and legislation, this is essentially how it works annually. In Wayne, Michigan, the effective property tax rate is 1.44%, which is notably higher than the national median of 1.02%. This means property owners in Wayne may find themselves paying more compared to the national average. It's important to note that while Wayne's rate is consistent across the board, it still stands out when compared to both state and national figures. Understanding these differences can be crucial for homeowners and potential buyers when making informed decisions about property investments in the area.

Property Tax Rates Across Wayne, 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 Wayne Tax Rate

1.44%

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 Wayne, Wayne County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
48184	1.21%	1.32%	1.44%	1.97%	2.32%

Source: Ownwell

Property Tax Assessment Values Across Wayne, Wayne County, Michigan

When examining property taxes in Wayne, 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 Wayne.

For example, the median home price in Wayne is $123,200, with tax bills ranging significantly across the county. Zip code 48184 has the highest median home price at $123,200.

Property Tax Assessment Values Across Wayne, Wayne County, Michigan

Source: Ownwell

$26,200

$320,700

$615,200

Median Wayne Market Value

$123,200

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 Wayne, Wayne County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
48184	$85,200	$100,200	$123,200	$155,800	$209,600

Source: Ownwell

Property Tax Bills Across Wayne, Wayne County, Michigan

In Wayne, MI, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the market value, which is influenced by factors such as location, size, and condition of the property. The median home price in Wayne is $123,200, and the tax bill varies significantly across different percentiles. Homeowners in the 25th percentile pay around $1,557, while those in the 75th percentile face bills of approximately $2,612. The 90th percentile sees tax bills reaching up to $3,422. Compared to the national median property tax bill of $2,400, Wayne's tax bills can be higher or lower depending on the property's assessed value.

Ownwell assists homeowners in Wayne by offering property tax appeal services. By reviewing individual property assessments and identifying potential discrepancies, Ownwell can help reduce tax liabilities, ensuring homeowners do not overpay. This service not only provides financial relief but also ensures fair taxation based on accurate property assessments.

Property Tax Bills Across Wayne, Wayne County, Michigan

Source: Ownwell

$632

$6,198

$11,764

Median Wayne Tax Bill

$1,967

Median Wayne County Tax Bill

$1,625

Median Michigan Tax Bill

$1,795

Median United States Tax Bill

$2,400

Property Tax Bills Across Wayne, Wayne County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
48184	$1,328	$1,557	$1,967	$2,612	$3,422

Source: Ownwell