Michigan Property Tax Calculator
Calculate Michigan property tax by county. MI avg ~1.54% — Proposal A caps annual taxable value increases.
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How to use this calculator
- 1
Michigan assesses property at 50% of market value (state equalized value = SEV).
- 2
Taxable value is capped by Proposal A — increases limited to 5% or inflation annually until sold.
- 3
When you buy, taxable value uncaps (pops up) to full SEV — plan for a tax increase in year 2.
- 4
Principal Residence Exemption (PRE): owner-occupied homes get an 18-mill school operating tax exemption.
Frequently asked questions
What is Michigan's Proposal A property tax cap?
Proposal A limits annual taxable value increases to the lesser of 5% or inflation. Long-term owners benefit greatly, but buyers face a pop-up: taxable value resets to 50% of market value in the first full tax year after purchase — potentially doubling taxes vs the prior owner.
How is MI property tax calculated?
Michigan Proposal A (1994) caps annual taxable value increases at 5% or inflation (whichever is less). When property sells, taxable value resets to assessed value (50% of market value) — the "pop-up" effect.
Michigan Property Tax Calculator 2024
How to use the michigan property tax calculator
Use this michigan property tax calculator to estimate your annual property tax bill by county. Michigan property tax rates vary by county — enter your home value and select your county to get an accurate estimate.
Michigan property tax rates by county
Enter your property's assessed value (usually close to market value, set by your county assessor). Select your county to apply its effective rate. The calculator shows your estimated annual tax, monthly escrow amount, and effective rate. Rates shown reflect 2026 estimates from the Tax Foundation and state DOR data.
Michigan property tax exemptions and deductions
Property taxes in Michigan fund local schools, roads, emergency services, and county government. Homestead exemptions can reduce your taxable value — many Michigan counties offer exemptions for primary residences, seniors, and veterans. Contact your local county assessor to apply. Tax bills are typically due in two installments per year.
MI property tax overview
Michigan Proposal A (1994) caps annual taxable value increases at 5% or inflation (whichever is less). When property sells, taxable value resets to assessed value (50% of market value) — the "pop-up" effect.
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Results are estimates for informational purposes only and do not constitute professional financial, medical, legal, or technical advice. Read full disclaimer →