Orion, Oakland County, Michigan Property Taxes
Median Orion, MI effective property tax rate: 1.10%, significantly higher than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Orion, MI home value: $394,260
Median annual Orion, MI tax bill: $4,516, $2,116 higher than the national median property tax bill of $2,400.
How are property taxes in Oakland calculated?
Property taxes in Orion, 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 Orion’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Orion, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Orion, Oakland County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.76%
Estimate Property Tax Bill
$3,338
$3,097
Ownwell’s Orion Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Orion with just two data points.
By entering your property's estimated assessed value, our calculator applies Orion’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.
This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Oakland County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Orion, Oakland County, Michigan
Local government entities in Michigan, like those in other states, determine tax rates, which can significantly differ across regions. This variation arises because each county calculates its necessary budget for public services annually and divides it by the total assessed value of all taxable properties within its boundaries. This process establishes the property tax rate. Although setting these rates involves votes and legislation, this is the fundamental annual procedure.
In Orion, located in Oakland County, the effective property tax rate is noteworthy when compared to other cities in Michigan, as well as the state and national medians. Michigan's median property tax rate stands at 1.10%, slightly above the national median of 1.02%. This means that property owners in Orion might find their tax rates slightly higher than the national average, yet in line with the state's median. Understanding these rates helps property owners anticipate their tax obligations and explore potential savings through appeals or exemptions.
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 Orion Tax Rate
0.76%
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 Orion, Oakland County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
48359 | 0.67% | 0.69% | 0.76% | 0.97% | 1.09% |
Source: Ownwell
Property Tax Assessment Values Across Orion, Oakland County, Michigan
When examining property taxes in Orion, Michigan, 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 Assessor's Office 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 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 Orion. For example, the median home price in Orion is $394,260, with tax bills ranging significantly across the county. Zip code 48359 has the highest median home price at $394,260.
Property Tax Assessment Values Across Orion, Oakland County, Michigan
Source: Ownwell
$3,200
$684,440
$1,365,680
Median Orion Market Value
$439,200
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 Orion, Oakland County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
48359 | $398,272 | $422,740 | $439,200 | $475,240 | $502,784 |
Source: Ownwell
Property Tax Bills Across Orion, Oakland County, Michigan
In Orion, located in Oakland County, MI, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. This value is typically a percentage of the home's market value. Homeowners in Orion face a median property tax bill of $4,516, significantly higher than the national median of $2,400. The tax bill can vary, with the 25th percentile at $4,070 and the 75th percentile at $5,655, reflecting differences in property values and assessment practices. Factors such as changes in the housing market and local government budgets can influence these assessments, impacting homeowners' tax obligations.
For homeowners seeking to reduce their property tax bills, Ownwell offers expert property tax appeal services. By analyzing property assessments and identifying potential discrepancies, Ownwell helps homeowners challenge over-assessments, potentially leading to significant tax savings. This service is invaluable for those in Orion, where property tax bills are notably above the national average, offering a path to financial relief.
Median Orion Tax Bill
$3,519
Median Oakland County Tax Bill
$3,235
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Orion, Oakland County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
48359 | $2,799 | $3,025 | $3,519 | $4,531 | $5,067 |
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 |