River Rouge, Wayne County, Michigan Property Taxes

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

Median River Rouge, MI effective property tax rate: 2.40%, significantly higher than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median River Rouge, MI home value: $39,400
Median annual River Rouge, MI tax bill: $993, $1,407 lower than the national median property tax bill of $2,400.

How are property taxes in Wayne County calculated?

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

Last Updated March 1, 2025

River Rouge, Wayne County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.4%

Estimate Property Tax Bill

$946

$877

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

Local government entities set tax rates, which can vary widely within a state. Why? Because 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 River Rouge’s effective property tax rate to other cities in Michigan and the median property tax rates in Michigan and the U.S.

River Rouge, located in Wayne County, stands out with a median property tax rate of 2.40%, significantly higher than the national median of 1.02%. This high rate reflects the local government's budgetary needs and the total value of taxable property in the area. Homeowners in River Rouge face a substantial property tax bill, contrasting sharply with the national median of $2,400. Such a disparity underscores the importance of understanding local tax dynamics and exploring potential appeal and exemption opportunities to alleviate the financial burden.

Property Tax Rates Across River Rouge, 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 River Rouge Tax Rate

2.40%

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 River Rouge, Wayne County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
48218	1.81%	1.91%	2.40%	3.47%	4.60%

Source: Ownwell

Property Tax Assessment Values Across River Rouge, Wayne County, Michigan

When examining property taxes in River Rouge, 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 Equalization Department 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 March. 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 River Rouge. For example, the median home price in River Rouge is $39,400, with tax bills ranging significantly across the county. Zip code 48218 has the highest median home price at $39,400.

Property Tax Assessment Values Across River Rouge, Wayne County, Michigan

Source: Ownwell

$26,200

$320,700

$615,200

Median River Rouge Market Value

$39,400

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 River Rouge, Wayne County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
48218	$24,800	$33,000	$39,400	$49,200	$60,400

Source: Ownwell

Property Tax Bills Across River Rouge, Wayne County, Michigan

In River Rouge, located in Wayne County, MI, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is a percentage of the home's market value, and the tax rate is applied to this assessed value to calculate the tax bill. Factors such as local government budgets and public service funding needs influence these rates. The city's median home price is $39,400, and residents face property tax bills that can vary significantly. For instance, the 25th percentile tax bill is $757, while the 75th percentile is $1,445, and the 90th percentile reaches $2,039. Compared to the national median property tax bill of $2,400, River Rouge homeowners may experience lower tax bills, but they can still benefit from savings. Ownwell assists homeowners by reviewing their property assessments for inaccuracies and filing appeals if necessary, ensuring they pay only their fair share, potentially saving hundreds on their annual property tax bills.

Property Tax Bills Across River Rouge, Wayne County, Michigan

Source: Ownwell

$632

$6,198

$11,764

Median River Rouge Tax Bill

$993

Median Wayne County Tax Bill

$1,625

Median Michigan Tax Bill

$1,795

Median United States Tax Bill

$2,400

Property Tax Bills Across River Rouge, Wayne County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
48218	$604	$757	$993	$1,445	$2,039

Source: Ownwell