New Hudson, Oakland County, Michigan Property Taxes
Median New Hudson, MI effective property tax rate: 1.20%, significantly higher than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median New Hudson, MI home value: $357,890
Median annual New Hudson, MI tax bill: $4,091, $1,691 higher than the national median property tax bill of $2,400.
How are property taxes in Oakland calculated?
Property taxes in New Hudson, MI 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.
Understanding New Hudson’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in New Hudson, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
New Hudson, Oakland County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.86%
Estimate Property Tax Bill
$3,439
$3,191
Property Tax Rates Across New Hudson, Oakland County, Michigan
Local government entities determine tax rates, which can vary significantly within a state. Each county, including Oakland, calculates its required budget for services annually and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.
New Hudson in Oakland County, Michigan, has an effective property tax rate that aligns with the highest and lowest median tax rates in the area, both at 1.20%. This rate is higher than the national median property tax rate of 1.02%, indicating a greater tax burden on property owners in New Hudson compared to the national average. However, it's important to note that these rates are subject to change based on local government decisions and budgetary needs. Property owners in New Hudson should stay informed about potential changes in tax rates and consider appealing their property tax assessments if they believe they are over-assessed.
Our median effective property tax rate (tax bill ÷ 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 New Hudson Tax Rate
0.86%
Our median effective property tax rate (tax bill ÷ 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 Oakland County Tax Rate
1.04%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across New Hudson, Oakland County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
48165 | 0.62% | 0.67% | 0.86% | 0.95% | 1.04% |
Source: Ownwell
Property Tax Assessment Values Across New Hudson, Oakland County, Michigan
When examining property taxes in New Hudson, MI, 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 Oakland County Tax Assessor 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.
In Oakland County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 New Hudson. For example, the median home price in New Hudson is $357,890, with tax bills ranging significantly across the county. Zip code 48165 has the highest median home price at $357,890.
Property Tax Assessment Values Across New Hudson, Oakland County, Michigan
Source: Ownwell
$3,200
$684,440
$1,365,680
Median New Hudson Market Value
$399,860
Median Oakland County Market Value
$301,920
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across New Hudson, Oakland County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
48165 | $256,360 | $319,985 | $399,860 | $482,775 | $535,064 |
Source: Ownwell
Property Tax Bills Across New Hudson, Oakland County, Michigan
Median New Hudson Tax Bill
$3,251
Median Oakland County Tax Bill
$3,235
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across New Hudson, Oakland County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
48165 | $1,898 | $2,309 | $3,251 | $4,350 | $5,079 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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Oakland Tax Assessor | |
Website | app.regrid.com |