Oakland Township, Oakland County, Michigan Property Taxes
Property Taxes in Oakland Township, Michigan
Median Oakland Township, Michigan effective property tax rate: 0.71%, significantly lower than the national median of 1.02%, and lower than the Michigan state median of 1.05%.
Median Oakland Township, Michigan home value: $556,640
Median annual Oakland Township, Michigan tax bill: $3,801, higher than the national median property tax bill of $2,400.
How are property taxes in Oakland County calculated?
Property taxes in Oakland Township, Michigan 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 Oakland Township's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Oakland Township, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Oakland Township, Oakland County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.71%
Estimate Property Tax Bill
$3,952
$3,667
$774
Average Annual Tax Savings
How Does the Oakland Township Property Tax Calculator Work?
Use this Oakland Township property tax calculator to estimate your annual tax bill. Enter your property's assessed value and our calculator applies Oakland Township's median effective tax rate of 0.71% — based on actual property records in Oakland County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessor uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Oakland Township's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Oakland Township: rates are 3801.00% in 48306, primarily due to differences in school district levies and local assessment districts.
Oakland Township's median property tax rate is lower than the Michigan median of 1.05%, and the median tax bill is $3,801, which is $1,401 higher than the state median bill. If your estimate is higher than expected, Ownwell can appeal your Oakland Township assessment — you only pay if we save you money.
About Oakland Township Property Taxes
About Property Taxes in Oakland Township, Oakland, Michigan
Oakland Township's median effective property tax rate of 0.71% is lower than the Michigan state median of 1.05% and lower than the national median of 1.02%. This rate reflects the Oakland County base levy combined with local school district levies and Tax increment finance districts that vary by subdivision throughout the township.
Property tax rates are not uniform across Oakland Township. Homeowners in the 48306 ZIP code carry a median effective rate of 0.71%, while those in 48306 pay 0.71%. This spread — 0.00 percentage points across the same township — reflects how school district boundaries and local assessment districts are drawn across Oakland County. Understanding which part of Oakland Township you live in can make a meaningful difference to your annual tax bill.
Oakland Township homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the March 9, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Oakland Township, Oakland County, Michigan
As noted earlier, 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 Oakland Township's effective property tax rate to other cities in Michigan and the median property tax rates in Michigan and the U.S.
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 Oakland Township Tax Rate
0.71%
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 Oakland County Tax Rate
1.04%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Oakland Township, Oakland County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48306 | 0.54% | 0.57% | 0.71% | 0.76% | 0.80% |
Source: Ownwell
$774
Average Annual Tax Savings
Save on Your Property Taxes and More With Ownwell
Property Tax Assessment Values Across Oakland Township, Oakland County, Michigan
When examining property taxes in Oakland Township, Michigan, 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 Oakland County assessment office 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 Oakland County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month.
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 understanding how assessed and market values are determined, property owners can better navigate their tax responsibilities in Oakland Township.
For example, the median home price in Oakland Township is $556,640, with tax bills ranging significantly across the county. 48306 has the highest median home price at $556,640.
Property Tax Assessment Values Across Oakland Township, Oakland County, Michigan
Source: Ownwell
$3,200
$684,440
$1,365,680
Median Oakland Township Market Value
$556,640
Median Oakland County Market Value
$301,920
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Oakland Township, Oakland County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48306 | $398,060 | $483,780 | $556,640 | $719,670 | $1,068,036 |
Source: Ownwell
$774
Average Annual Tax Savings
Save on Your Property Taxes and More With Ownwell
Property Tax Bills Across Oakland Township, Oakland County, Michigan
Property tax bills in Oakland Township are based on the assessed value of a home and the local tax rate, so a higher market value can lead to a higher bill. For homeowners, that means the amount owed can vary widely depending on the property and where it is located within Oakland County. With a median home price of $556,640, the tax burden can be significant, especially when compared with the national median property tax rate of 1.02% and the national median property tax bill of $2,400.
In Oakland Township, the 25th percentile tax bill is $2,982, the 75th percentile is $5,047, and the 90th percentile reaches $8,253. That range shows how much property taxes can affect monthly budgets and long-term housing costs.
Ownwell helps homeowners lower their property tax bills by reviewing assessed values, identifying potential overassessment, and filing appeals when appropriate. By challenging unfair assessments, Ownwell can help homeowners save money and reduce the amount they pay each year.
Median Oakland Township Tax Bill
$3,801
Median Oakland County Tax Bill
$3,235
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Oakland Township, Oakland County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48306 | $2,572 | $2,982 | $3,801 | $5,047 | $8,253 |
Source: Ownwell
$774
Average Annual Tax Savings
Save on Your Property Taxes and More With Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 9 |
Links | |
|---|---|
| Oakland Tax Assessor | |
| Website | app.regrid.com |