Grosse Pointe, Wayne County, Michigan Property Taxes

Name: Property Tax Bills Across Grosse Pointe, Wayne County, Michigan
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Grosse Pointe, MI effective property tax rate: 1.35%, significantly higher than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Grosse Pointe, MI home value: $320,200
Median annual Grosse Pointe, MI tax bill: $3,806, $1,406 higher than the national median property tax bill of $2,400.

How are property taxes in Wayne County calculated?

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

Last Updated March 1, 2025

Grosse Pointe, Wayne County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.35%

Estimate Property Tax Bill

$4,323

$4,011

Ownwell’s Grosse Pointe Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Grosse Pointe with just two data points. By entering your property's estimated assessed value, our calculator applies Grosse Pointe’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 Wayne County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Grosse Pointe, Wayne County, Michigan

Local government entities in Michigan, including Wayne County, determine property tax rates, which can differ significantly across the state. Each year, counties estimate the budget needed to provide public services and divide this by the total value of all taxable properties within their area, resulting in the property tax rate. While the process involves votes and legislation, this is essentially how annual property tax rates are set. In Grosse Pointe, located in Wayne County, the effective property tax rate can be compared to other cities in Michigan, as well as the median property tax rates in the state and the U.S. Michigan's median property tax rate stands at 1.35%, which is above the national median of 1.02%. Within Wayne County, Grosse Pointe shows variability in its tax rates, with the highest median tax rate reaching 1.97% in the 48236 zip code, while the lowest is 1.20% in the 48230 zip code. This variation highlights the importance of understanding local tax rates and their impact on property owners.

Property Tax Rates Across Grosse Pointe, Wayne County, Michigan

Source: Ownwell

0.36%

1.48%

2.59%

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 Grosse Pointe Tax Rate

1.35%

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 Grosse Pointe, Wayne County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
48230	0.89%	1.03%	1.20%	1.50%	1.69%
48236	1.26%	1.64%	1.97%	2.54%	3.07%

Source: Ownwell

Property Tax Assessment Values Across Grosse Pointe, Wayne County, Michigan

When examining property taxes in Grosse Pointe, 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. Assessment notices: 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 Grosse Pointe. For example, the median home price in Grosse Pointe is $320,200, with tax bills ranging significantly across the county. Zip code 48230 has the highest median home price at $388,000.

Property Tax Assessment Values Across Grosse Pointe, Wayne County, Michigan

Source: Ownwell

$26,200

$320,700

$615,200

Median Grosse Pointe Market Value

$320,200

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 Grosse Pointe, Wayne County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
48230	$209,000	$290,800	$388,000	$531,800	$722,880
48236	$1,800	$44,800	$64,000	$76,000	$144,551

Source: Ownwell

Property Tax Bills Across Grosse Pointe, Wayne County, Michigan

In Grosse Pointe, MI, property tax bills are determined based on the assessed value of a home, which is typically a percentage of its market value. The local tax rate is then applied to this assessed value to calculate the annual tax bill. Several factors influence this assessment, including the property's location, size, and improvements. Homeowners in Grosse Pointe experience varying tax bills, with the 25th percentile at $1,508 and the 75th percentile reaching $5,891. The highest median tax bill in the area is $4,787, notably higher than the national median of $2,400, while the lowest is $1,205. This significant range can impact homeowners' finances considerably. Ownwell offers a solution by providing expert property tax appeal services, potentially reducing these burdensome costs. By analyzing local market trends and leveraging their expertise, Ownwell can help homeowners in Grosse Pointe ensure their property is fairly assessed, potentially saving them substantial amounts on their property tax bills.

Property Tax Bills Across Grosse Pointe, Wayne County, Michigan

Source: Ownwell

$632

$6,198

$11,764

Median Grosse Pointe Tax Bill

$3,806

Median Wayne County Tax Bill

$1,625

Median Michigan Tax Bill

$1,795

Median United States Tax Bill

$2,400

Property Tax Bills Across Grosse Pointe, Wayne County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
48230	$2,002	$3,407	$4,787	$6,963	$10,177
48236	$53	$885	$1,205	$1,609	$2,665

Source: Ownwell