Allen Park, Wayne County, Michigan Property Taxes
Median Allen Park, MI effective property tax rate: 1.45%, significantly higher than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Allen Park, MI home value: $168,200
Median annual Allen Park, MI tax bill: $2,603, $203 higher than the national median property tax bill of $2,400.
How are property taxes in Wayne County calculated?
Property taxes in Allen Park, 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 Allen Park’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Allen Park, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Allen Park, Wayne County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.45%
Estimate Property Tax Bill
$2,439
$2,263
Property Tax Rates Across Allen Park, Wayne County, Michigan
Local government entities in Michigan, like those in other states, set their own tax rates, which can differ significantly across regions. The process involves each county estimating its annual budget needs to provide essential services and then dividing that by the total assessed value of all taxable properties within the county. This calculation determines the property tax rate. While the process is influenced by votes and legislation, this is the fundamental annual procedure.
In Allen Park, located in Wayne County, the effective property tax rate is 1.45%. This rate is notably higher than the national median property tax rate of 1.02%. When compared to the median property tax rates across Michigan and the U.S., Allen Park's rate stands out as one of the highest in the state. This suggests that property owners in Allen Park face a comparatively higher tax burden than those in many other parts of the country. Understanding these rates can help property owners make informed decisions about appealing their property tax assessments or seeking 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 Allen Park Tax Rate
1.45%
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 Wayne County Tax Rate
1.44%
Median Effective Michigan Tax Rate
1.07%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Allen Park, Wayne County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48101 | 0.93% | 1.33% | 1.45% | 1.83% | 2.25% |
Source: Ownwell
Property Tax Assessment Values Across Allen Park, Wayne County, Michigan
When examining property taxes in Allen Park, 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 Wayne 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 Wayne 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 Allen Park. For example, the median home price in Allen Park is $168,200, with tax bills ranging significantly across the county. 48101 has the highest median home price at $168,200.
Property Tax Assessment Values Across Allen Park, Wayne County, Michigan
Source: Ownwell
$26,200
$320,700
$615,200
Median Allen Park Market Value
$168,200
Median Wayne County Market Value
$126,800
Median Michigan Market Value
$177,800
Median United States Market Value
$235,294
Property Tax Assessment Values Across Allen Park, Wayne County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48101 | $121,800 | $145,600 | $168,200 | $195,200 | $244,600 |
Source: Ownwell
Property Tax Bills Across Allen Park, Wayne County, Michigan
In Allen Park, MI, property tax bills are calculated based on the assessed value of a home, which is determined by the Wayne County assessor's office. The assessed value is typically a percentage of the market value, reflecting local real estate trends. Homeowners in Allen Park face a median property tax bill of $2,603, slightly above the national median of $2,400. Factors influencing these tax bills include property size, location, and any applicable exemptions. For instance, the tax bill for homes in the 25th percentile is $2,081, while those in the 75th percentile pay around $3,382, and the 90th percentile sees bills as high as $4,235. This variation highlights the impact of property characteristics and market conditions on tax liabilities.
Ownwell offers valuable assistance to homeowners by identifying potential savings through property tax appeals and exemptions. By leveraging expert knowledge and local market insights, Ownwell helps ensure homeowners are not overpaying, potentially reducing their tax burden and providing financial relief.
Median Allen Park Tax Bill
$2,603
Median Wayne County Tax Bill
$1,625
Median Michigan Tax Bill
$1,795
Median United States Tax Bill
$2,400
Property Tax Bills Across Allen Park, Wayne County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48101 | $1,309 | $2,081 | $2,603 | $3,382 | $4,235 |
Source: Ownwell