Property taxes are one of the biggest expenses for Michigan homeowners and landlords. Understanding how assessments, millage rates, exemptions, and local changes work helps you plan ahead — and avoid unexpected bills.

Rising Assessments Across Michigan

Most counties in Michigan are experiencing rising taxable values due to:
• Increased home sales
• Growing market demand
• New construction
• Inflationary adjustments

Even if your property value hasn’t changed, your assessment might.

Inflation Caps Still Apply

Michigan limits taxable value increases to the rate of inflation unless ownership transfers.
For 2025, expect an inflation multiplier in the 3–4% range.

Local Millage Adjustments

Different Michigan municipalities are adjusting millage rates for:
• School funding
• Roads and infrastructure
• Public safety
• Parks and recreation

Your city, township, or county may have approved millage proposals that increase your tax bill.

Homestead Exemption Reminder

Your primary residence qualifies for a significant tax reduction through the Homestead Exemption.
Investors do not get this exemption.

Rental Property Taxation

Non-homestead properties (rentals, second homes) typically pay 18 mills more than primary residences.
Investors must budget accordingly.

Appealing Your Assessment

You can appeal if you believe your assessed value is too high.
You’ll need:
• Comparable sales
• Appraisals
• Property condition details
• Documentation of inaccuracies

Most appeals must be filed in February or March depending on your county.

If you want help analyzing whether your taxes are accurate or appeal-worthy, we offer property tax review support to help landlords protect profitability.