Grosse Pointe Shores, Wayne County, Michigan Property Taxes

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

Median Grosse Pointe Shores, MI effective property tax rate: 1.82%, significantly higher than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Grosse Pointe Shores, MI home value: $615,200
Median annual Grosse Pointe Shores, MI tax bill: $11,764, $9,364 higher than the national median property tax bill of $2,400.

How are property taxes in Wayne County calculated?

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

Last Updated March 1, 2025

Grosse Pointe Shores, Wayne County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.82%

Estimate Property Tax Bill

$11,197

$10,390

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

Grosse Pointe Shores in Wayne County, MI, stands out with a property tax rate of 1.82%. This figure is significantly higher than the national median property tax rate of 1.02%. When compared to other cities in Michigan, Grosse Pointe Shores maintains one of the highest rates in the state. The local tax rate reflects the community's commitment to funding essential services and maintaining high living standards. However, this also means residents face higher tax bills compared to the national median property tax bill of $2,400. Understanding these rates can help homeowners make informed decisions about property ownership and financial planning.

Property Tax Rates Across Grosse Pointe Shores, 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 Shores Tax Rate

1.82%

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 Shores, Wayne County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
48236	1.35%	1.57%	1.82%	2.11%	2.38%

Source: Ownwell

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

When examining property taxes in Grosse Pointe Shores, 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 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 Grosse Pointe Shores.

For example, the median home price in Grosse Pointe Shores is $615,200, with tax bills ranging significantly across the county. Zip code 48236 has the highest median home price at $615,200.

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

Source: Ownwell

$26,200

$320,700

$615,200

Median Grosse Pointe Shores Market Value

$615,200

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 Shores, Wayne County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
48236	$427,480	$506,200	$615,200	$794,200	$1,148,000

Source: Ownwell

Property Tax Bills Across Grosse Pointe Shores, Wayne County, Michigan

In Grosse Pointe Shores, Wayne County, MI, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. The tax rate is then applied to this assessed value to calculate the annual property tax bill. Homeowners in Grosse Pointe Shores face a median property tax bill of $11,764, significantly higher than the national median of $2,400. Factors influencing this include market conditions and local tax rates. The tax burden can be substantial, with the 25th percentile at $8,976 and the 75th percentile reaching $14,806. This financial strain highlights the importance of ensuring accurate assessments. Ownwell assists homeowners by analyzing property assessments and identifying potential discrepancies that could lead to overpayment. By filing appeals and securing exemptions, Ownwell helps reduce tax liabilities, ensuring homeowners pay only what is fair. This service is crucial in areas like Grosse Pointe Shores, where property taxes are considerably above average.

Property Tax Bills Across Grosse Pointe Shores, Wayne County, Michigan

Source: Ownwell

$632

$6,198

$11,764

Median Grosse Pointe Shores Tax Bill

$11,764

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 Shores, Wayne County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
48236	$6,850	$8,976	$11,764	$14,806	$21,706

Source: Ownwell