The State of Michigan Department of Treasury Millage Rate database and Property Tax Estimator allows individual and business taxpayers to estimate their current property taxes as well as compare their property taxes and millage rates with other local units throughout Michigan.
You will need the following information about your property:
When a property (or interest in a property) is transferred, your taxable value the following year will be the same as the assessed value. The taxable value will then be 'capped' again in the second year following the transfer of ownership. Michigan law prohibits assessors from basing values on one sale price. We are required to value your property based on the methods used to value other properties in your area. The purchase price may or may not be the same as the Market Value.
A millage rate is the tax rate used to calculate local property taxes. The millage rate represents the amount per every $1,000 of a property's taxable value. Assigned millage rates are multiplied by the total taxable value of the property in order to arrive at the property taxes.
Summer Millage | Winter Millage (est) | Total Millage | |
East GR PRE | 44.5069 | 3.0507 | 47.5576 |
East GR NON PRE | 62.5069 | 3.0507 | 65.5576 |
Taxable value x Millage Rate /1,000=Taxes
PRE (Homestead) 300,000 x 47.5576/1,000 = $14,267
Non-PRE (Non-Homestead) 300,000 x 65.5576/1,000= $19,667
*Reminder* According to Michigan Law, the year following a transfer of ownership, the taxable value becomes equal to the assessed value. Further information can be obtained on the Michigan Department of Treasury page.