Bloomfield Hills, Roscommon County, Michigan Property Taxes

Name: Property Tax Bills Across Bloomfield Hills, Roscommon County, Michigan
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Bloomfield Hills, MI effective property tax rate: 0.95%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%. Median Bloomfield Hills, MI home value: $133,600. Median annual Bloomfield Hills, MI tax bill: $1,077, $1,323 lower than the national median property tax bill of $2,400.

How are property taxes in Roscommon calculated?

Property taxes in Bloomfield Hills, 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 Bloomfield Hills’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bloomfield Hills, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Bloomfield Hills, Roscommon County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.95%

Estimate Property Tax Bill

$1,269

$1,178

Ownwell’s Bloomfield Hills Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Bloomfield Hills with just two data points. By entering your property's estimated assessed value, our calculator applies Bloomfield Hills’ 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 Bloomfield Hills, Roscommon County, Michigan

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Bloomfield Hills’ effective property tax rate to other cities in Michigan and the median property tax rates in Michigan and the U.S. In Bloomfield Hills, located in Oakland County, the property tax rate is 1.71%, which is notably higher than the national median property tax rate of 1.02%. This means that homeowners in Bloomfield Hills pay a higher percentage of their property's assessed value in taxes compared to the national average. The median property tax bill in Bloomfield Hills is $6,000, significantly surpassing the national median of $2,400. This difference highlights the importance of understanding local tax rates and their impact on property owners.

Property Tax Rates Across Bloomfield Hills, Roscommon County, Michigan

Source: Ownwell

0.32%

0.62%

0.91%

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 Bloomfield Hills Tax Rate

0.95%

Median Effective Roscommon County Tax Rate

0.50%

Median Effective Michigan Tax Rate

1.07%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Bloomfield Hills, Roscommon County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
48301	N/A	N/A	N/A	N/A	N/A
48302	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Bloomfield Hills, Roscommon County, Michigan

When examining property taxes in Bloomfield Hills, 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 Roscommon County appraisal district 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 Roscommon County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Bloomfield Hills. For example, the median home price in Bloomfield Hills is $133,600, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Bloomfield Hills, Roscommon County, Michigan

Source: Ownwell

$75,600

$117,750

$159,900

Median Bloomfield Hills Market Value

$133,600

Median Roscommon County Market Value

$114,800

Median Michigan Market Value

$177,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across Bloomfield Hills, Roscommon County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
48301	N/A	N/A	N/A	N/A	N/A
48302	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Bloomfield Hills, Roscommon County, Michigan

In Bloomfield Hills, MI, property tax bills are determined by assessing the property's market value and applying the local tax rate. The assessed value is typically a percentage of the market value, and this figure is crucial in calculating the total tax bill. The tax rate in Bloomfield Hills is influenced by various local factors, including the funding needs of public services and infrastructure. Homeowners in Bloomfield Hills face a median property tax bill of $1,351, which is significantly below the national median of $2,400. Despite the relatively lower tax bills, property taxes can still be a substantial financial burden for homeowners.

Ownwell offers services to help homeowners potentially reduce their property tax bills. By providing expert property tax appeal services, Ownwell assists homeowners in ensuring their property is assessed fairly. This can lead to significant savings by lowering the assessed value, thereby reducing the overall tax bill. With Ownwell's expertise, homeowners can navigate the complexities of property tax appeals, ensuring they only pay their fair share.

Property Tax Bills Across Bloomfield Hills, Roscommon County, Michigan

Source: Ownwell

$252

$550

$847

Median Bloomfield Hills Tax Bill

$1,077

Median Roscommon County Tax Bill

$649

Median Michigan Tax Bill

$1,795

Median United States Tax Bill

$2,400

Property Tax Bills Across Bloomfield Hills, Roscommon County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
48301	N/A	N/A	N/A	N/A	N/A
48302	N/A	N/A	N/A	N/A	N/A

Source: Ownwell