Michigan municipal links


Counties
Municipalities


Do you Pay too Much Property Tax?



 

Top 10 Metropolitan
Areas with Home
Price Depreciation

First Quarter 07-First Quarter 08

Metro Area
Loss
Miami
25.9%
Las Vegas
24.6%
Phoenix
23.0%
Los Angeles
21.7%
San Diego
20.5%
San Francisco
20.2%
Tampa
19.6%
Detroit
17.9%
Wash. D.C.
15.3%
Minneapolis
14.4%
Source: Standard & Poor’s/Case-Shiller


Tax Rates

Property owners can calculate their tax bill by multiplying that taxable value by the tax rate.
In Michigan, the property tax rate is called a millage, and it is figured in mills. A mill equals $1 in taxation for every $1,000 in taxable value.

A parcel may have several millages in its tax rate. There is likely to be a millage to operate local government, and another for the county. Part of the millage rate may include mills for libraries, police and fire or schools.