Grand Traverse County, Michigan Property Taxes
Property Taxes in Grand Traverse County, Michigan
Median Grand Traverse County effective property tax rate: 0.85%, significantly lower than the national median of 1.02%.
Median Grand Traverse County home value: $367,223
Median annual Grand Traverse County tax bill: $3,281, higher than the national median property tax bill of $2,400.
How are property taxes in Grand Traverse County calculated?
Property taxes in Grand Traverse County 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.
Why do property taxes vary in Grand Traverse County? They depend on the assessed value, local tax rates, and whether a property qualifies for exemptions that reduce the taxable amount.
How does Grand Traverse County compare with Michigan? The county’s effective property tax rate is 0.85%, lower than the state median of 1.05%, while the median annual tax bill is $3,281.
Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Grand Traverse County or another part of the county, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Grand Traverse County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.85%
Estimate Property Tax Bill
$3,121
$2,897
How Does the Grand Traverse County Property Tax Calculator Work?
Use this Grand Traverse County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Grand Traverse County's median effective tax rate of 0.85% to generate your estimate.
Enter your property's estimated assessed value — the figure the assessment authority assigns for tax purposes, which is typically lower than market value after applicable exemptions. Our calculator uses the median effective rate for a more accurate estimate than the statutory millage rate alone.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property. Grand Traverse County’s median tax rate is lower than the national median property tax rate of 1.02% and lower than Michigan’s state median tax rate of 1.05%.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Grand Traverse County.
Property Tax Rates Across Grand Traverse County, Michigan
What Are Effective Property Tax Rates Across Grand Traverse County?
Local government entities set tax rates, which vary widely across Grand Traverse County. Each year, the county estimates its budget for public services and divides that total by the assessed value of all taxable property within its jurisdiction.
Below, compare Grand Traverse County's effective property tax rate to other counties in Michigan or the U.S. median of 1.02%.
Grand Traverse County's median effective rate stands at 0.85%, which is lower than the national median of 1.02%. Within Grand Traverse County, the highest rate is found in Traverse City at 0.89%, while Kingsley has the lowest at 0.70%.
These variations reflect differences in local school district levies, Tax increment finance districts assessments, and special district bonds — which compound the base county rate.
Our median effective property tax rate (tax bill Ă· 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 Grand Traverse County Tax Rate
0.85%
Our median effective property tax rate (tax bill Ă· 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 Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Grand Traverse County, Michigan
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Buckley | 0.51% | 0.65% | 0.79% | 1.08% | 1.41% |
| Fife Lake | 0.47% | 0.59% | 0.76% | 1.00% | 1.30% |
| Grawn | 0.54% | 0.62% | 0.76% | 1.04% | 1.30% |
| Interlochen | 0.58% | 0.64% | 0.76% | 1.01% | 1.27% |
| Kingsley | 0.51% | 0.61% | 0.70% | 0.88% | 1.12% |
| Thompsonville | 0.52% | 0.64% | 0.78% | 1.03% | 1.30% |
| Traverse City | 0.59% | 0.71% | 0.89% | 1.20% | 1.69% |
| Williamsburg | 0.50% | 0.61% | 0.78% | 1.06% | 1.38% |
| Lake Ann | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Grand Traverse County, Michigan
When examining property taxes in Grand Traverse County, 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 Grand Traverse County equalization process 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.
Assessment notices:
In Grand Traverse 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 Grand Traverse County.
For example, the median tax bill in Grand Traverse County is $3,281, compared with the national median property tax bill of $2,400. Tax bills range significantly across the county, with Traverse City at $3,660 and Fife Lake at $1,846.
Property Tax Assessment Values Across Grand Traverse County, Michigan
Source: Ownwell
$240,804
$337,478
$434,152
Median Grand Traverse County Market Value
$367,223
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Grand Traverse County, Michigan
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Buckley | $79,618 | $154,440 | $263,532 | $379,454 | $517,115 |
| Fife Lake | $89,136 | $149,037 | $240,804 | $398,573 | $595,752 |
| Grawn | $118,111 | $203,274 | $287,854 | $418,159 | $706,356 |
| Interlochen | $140,088 | $221,334 | $311,268 | $455,330 | $690,885 |
| Kingsley | $137,032 | $201,052 | $281,058 | $368,047 | $498,524 |
| Thompsonville | $59,803 | $141,224 | $287,009 | $424,273 | $715,576 |
| Traverse City | $163,818 | $279,750 | $386,246 | $577,724 | $920,845 |
| Williamsburg | $227,997 | $296,674 | $434,152 | $719,304 | $1,308,928 |
| Lake Ann | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Grand Traverse County, Michigan
Property tax bills in Grand Traverse County are based on a home’s assessed value, which is then multiplied by the local tax rate. That means the market value of a property, along with local millage rates, helps determine what a homeowner owes each year. For a county with a median home price of $367,223, even small changes in assessed value can have a noticeable impact on the final bill.
Bills vary widely across the county. The 25th percentile tax bill is $2,059, while the 75th percentile is $5,353 and the 90th percentile reaches $8,763. That spread shows how much location, property characteristics, and local taxing jurisdictions can affect costs. Traverse City has the highest median tax bill at $3,660, while Fife Lake has the lowest at $1,846.
For homeowners, this means property taxes can be a major part of housing costs and may rise when assessed values or local rates increase.
Median Grand Traverse County Tax Bill
$3,281
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Grand Traverse County, Michigan
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Buckley | $719 | $1,281 | $2,045 | $3,116 | $4,172 |
| Fife Lake | $657 | $1,109 | $1,846 | $3,110 | $5,092 |
| Grawn | $963 | $1,445 | $2,238 | $3,726 | $6,127 |
| Interlochen | $1,065 | $1,633 | $2,387 | $3,749 | $6,566 |
| Kingsley | $925 | $1,353 | $2,023 | $2,873 | $3,954 |
| Thompsonville | $609 | $1,159 | $2,095 | $3,214 | $4,445 |
| Traverse City | $1,455 | $2,338 | $3,660 | $5,804 | $9,363 |
| Williamsburg | $1,616 | $2,321 | $3,577 | $5,859 | $11,151 |
| Lake Ann | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 9 |
Links | |
|---|---|
| Grand Traverse Tax Assessor | |
| Website | bsaonline.com |