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Property Tax on $400,000 Home in Michigan — 2026 Estimate

$5,520/year | $460/month | Rate: 1.38%

Property Tax: $400K Home in Michigan

Here's a complete breakdown of property tax on a $400,000 home in Michigan for 2026.

DetailAmount
Home Value$400,000
Michigan Effective Tax Rate1.38%
Annual Property Tax$5,520
Monthly Escrow Amount$460
National Average (1.07%)$4,280
Difference vs National Avg+$1,240/year

How Michigan Compares

StateTax RateAnnual TaxMonthlyvs Michigan
Michigan (You)1.38%$5,520$460
Ohio1.59%$6,360$530+$840/yr
Indiana0.81%$3,240$270$-2,280/yr
Wisconsin1.61%$6,440$537+$920/yr

Property Tax at Different Home Values in Michigan

Home ValueAnnual TaxMonthly
$200K$2,760$230
$250K$3,450$288
$300K$4,140$345
$350K$4,830$403
$400K ← You$5,520$460
$450K$6,210$518
$500K$6,900$575
$600K$8,280$690
$750K$10,350$863
$1M$13,800$1,150

Available Exemptions in Michigan

Principal Residence Exemption (18 mills on school taxes), Hardship Exemption, Veterans' Exemption, Poverty Exemption

How to Appeal Your Property Tax Assessment

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Frequently Asked Questions

How much is property tax on a $400K home in Michigan?

Property tax on a $400,000 home in Michigan is approximately $5,520 per year, or $460 per month. Michigan's effective property tax rate is 1.38%, which is above the national average of 1.07%.

How can I lower my property tax in Michigan?

To lower property tax in Michigan: 1) Apply for all available exemptions (homestead, senior, veteran), 2) Appeal your assessment if your home is overvalued — success rates are 30-50%, 3) Check for errors in your property record (square footage, lot size, features), 4) Compare your assessment with similar nearby properties.

When are property taxes due in Michigan?

Property tax due dates vary by county in Michigan, but most jurisdictions bill semi-annually or annually. If you have a mortgage, property taxes are typically paid through your monthly escrow payment ($460/month for a $400K home). Contact your county assessor's office for exact deadlines.