New Boston, Wayne County, Michigan Property Taxes

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

Median New Boston, MI effective property tax rate: 0.81%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median New Boston, MI home value: $275,500
Median annual New Boston, MI tax bill: $2,301, $99 lower than the national median property tax bill of $2,400.

How are property taxes in Wayne County calculated?

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

Last Updated March 1, 2025

New Boston, Wayne County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.81%

Estimate Property Tax Bill

$2,232

$2,071

Ownwell’s New Boston Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in New Boston with just two data points.

By entering your property's estimated assessed value, our calculator applies New Boston’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 New Boston, Wayne County, Michigan

Local government entities set tax rates, which can vary widely within a state. This is because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the annual process in a nutshell. In Wayne County, where New Boston is located, the effective property tax rate can be compared to other cities in Michigan and the U.S. Interestingly, New Boston's rate aligns with the highest and lowest median tax rates in the state, reflecting a uniformity that is not often seen. When compared to the national median property tax rate of 1.02%, New Boston's rate is notably lower, offering potential savings for property owners. Understanding these rates can help residents make informed decisions about property ownership and financial planning.

Property Tax Rates Across New Boston, 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 New Boston Tax Rate

0.81%

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 New Boston, Wayne County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
48164	0.55%	0.69%	0.81%	0.97%	1.11%

Source: Ownwell

Property Tax Assessment Values Across New Boston, Wayne County, Michigan

When examining property taxes in New Boston, 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 New Boston.

For example, the median home price in New Boston is $275,500, with tax bills ranging significantly across the county. Zip code 48164 has the highest median home price at $275,500.

Property Tax Assessment Values Across New Boston, Wayne County, Michigan

Source: Ownwell

$26,200

$320,700

$615,200

Median New Boston Market Value

$275,500

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 New Boston, Wayne County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
48164	$139,000	$191,600	$275,500	$355,850	$427,980

Source: Ownwell

Property Tax Bills Across New Boston, Wayne County, Michigan

In New Boston, located in Wayne County, MI, property tax bills are determined by the assessed value of a home, which is a percentage of its market value. The tax rate is applied to this assessed value, resulting in the annual property tax bill. For example, with a median home price of $275,500, the tax bill can range significantly, with the 25th percentile at $1,427 and the 90th percentile reaching $3,796. These figures illustrate the variability in tax burdens homeowners face. The median tax bill in New Boston is $2,301, which is slightly below the national median of $2,400. This can be a financial strain for some homeowners, especially when compared to the national median property tax rate of 1.02%. Ownwell assists homeowners in reducing their property tax bills by providing expert property tax appeal and exemption services. By reviewing assessments and identifying potential savings, Ownwell helps ensure homeowners are not overpaying, potentially leading to significant savings on their annual tax obligations.

Property Tax Bills Across New Boston, Wayne County, Michigan

Source: Ownwell

$632

$6,198

$11,764

Median New Boston Tax Bill

$2,301

Median Wayne County Tax Bill

$1,625

Median Michigan Tax Bill

$1,795

Median United States Tax Bill

$2,400

Property Tax Bills Across New Boston, Wayne County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
48164	$936	$1,427	$2,301	$3,051	$3,796

Source: Ownwell