How much are property taxes in Milford Charter Township, MI?
Homeowners in Milford Charter Township, MI pay a median of $5,685 (±$273) a year in real estate taxes (2020–2024 American Community Survey, table B25103).
Homes with a mortgage pay a median of $6,005.
Homes without a mortgage pay a median of $4,755.
That is about 1.3% of the median home value of $425,400.
In Milford Charter Township, the median real estate tax went from $4,194 in 2015–2019 to $5,685 in 2020–2024 (+35.6%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median real estate taxes
- $5,685 (±$273)
- With a mortgage
- $6,005
- Without a mortgage
- $4,755
- Share of median value
- 1.3%
Real estate taxes in Milford Charter Township against Oakland County, its state and the nation
| Milford Charter Township | Oakland County | Michigan | United States | |
|---|---|---|---|---|
| Median real estate taxes | $5,685 (±$273) | $4,371 (±$39) | $2,904 (±$9) | $3,119 |
| Homes with a mortgage | $6,005 (±$291) | $4,597 (±$47) | $3,152 (±$13) | $3,489 |
| Homes without a mortgage | $4,755 (±$324) | $3,961 (±$54) | $2,593 (±$13) | $2,576 |
| Median home value | $425,400 (±$15,365) | $343,600 (±$2,730) | $231,600 (±$642) | $332,700 |
In Milford Charter Township, the median real estate tax is higher than in Oakland County ($4,371).
It is also higher than in Michigan ($2,904).
It is higher than the national figure ($3,119).
In Oakland County, Milford Charter Township ranks 12 of 50 places with a published estimate, from highest to lowest median real estate taxes.
Statewide, it ranks 41 of 1,520.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Taxes as a share of home value in Milford Charter Township
The median tax ($5,685) is 1.3% of the median home value ($425,400).
Across Oakland County the same ratio is 1.3%.
Across Michigan it is 1.3%.
This is a ratio of two medians, a rough effective rate: not the tax rate or mill rate the town, county or school district sets, and not any one home’s bill.
Owners report what they paid and what they think their home is worth; the assessor’s office publishes the actual rates and assessments.
How property taxes in Milford Charter Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median real estate taxes | $4,194 (±$238) | $5,685 (±$273) | +35.6% | Up after inflation |
| Median home value | $308,500 (±$14,314) | $425,400 (±$15,365) | +37.9% | Up after inflation |
| Median owner cost with a mortgage | $1,762 (±$109) | $2,497 (±$129) | +41.7% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median real estate taxes in places near Milford Charter Township
| Place | Distance | Median real estate taxes | Compared with this place |
|---|---|---|---|
| Milford Charter Township | — | $5,685 (±$273) | — |
| Wixom | 5.1 mi | $4,673 (±$312) | Lower |
| Lyon Charter Township | 5.8 mi | $5,381 (±$379) | Not measurably different |
| Commerce Charter Township | 5.9 mi | $3,951 (±$150) | Lower |
| Brighton Township | 6.0 mi | $3,803 (±$126) | Lower |
| Highland Charter Township | 6.1 mi | $3,823 (±$192) | Lower |
| Wolverine Lake | 6.4 mi | $3,855 (±$370) | Lower |
| Walled Lake | 7.3 mi | $2,990 (±$416) | Lower |
| South Lyon | 7.7 mi | $4,044 (±$364) | Lower |
Nearby places with a measurably lower figure: Wixom, MI ($4,673), Commerce Charter Township, MI ($3,951), Brighton Township, MI ($3,803).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median real estate taxes across Oakland County, place by place
| Rank | Place | Median real estate taxes |
|---|---|---|
| 6 | Huntington Woods | $7,862 (±$604) |
| 7 | Southfield Township | $7,088 (±$231) |
| 8 | Pleasant Ridge | $6,804 (±$457) |
| 9 | Rochester | $6,047 (±$557) |
| 10 | Novi Township | $5,800 (±$468) |
| 11 | Novi | $5,770 (±$277) |
| 12 | Milford Charter Township | $5,685 (±$273) |
| 13 | Oakland Charter Township | $5,567 (±$359) |
| 14 | West Bloomfield Charter Township | $5,467 (±$183) |
| 15 | Farmington Hills | $5,396 (±$159) |
| 16 | Lyon Charter Township | $5,381 (±$379) |
| 17 | Village of Clarkston | $5,349 (±$808) |
| 18 | Troy | $5,267 (±$172) |
Showing 13 of 50 places in Oakland County, ranked from highest to lowest.
The figures for Milford Charter Township include the places inside it that have pages of their own: Milford.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Milford Charter Township
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Milford Charter Township beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Milford Charter Township, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Milford Charter Township, and send estimates and invoices from your phone.
Questions about Milford Charter Township
How much are property taxes in Milford Charter Township?
The median real estate tax paid by homeowners in Milford Charter Township, MI is $5,685 (±$273) a year (2020–2024 American Community Survey).
What is the property tax rate in Milford Charter Township?
The Census Bureau does not publish tax rates; as a rough guide, the median tax paid is 1.3% of the median home value in Milford Charter Township, and the actual rate is set by the town, county and school district.
Have property taxes in Milford Charter Township gone up?
In Milford Charter Township, the median real estate tax went from $4,194 in 2015–2019 to $5,685 in 2020–2024 (+35.6%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Are property taxes in Milford Charter Township higher than in Oakland County?
In Milford Charter Township, the median real estate tax is higher than in Oakland County ($4,371).
It is also higher than in Michigan ($2,904).
It is higher than the national figure ($3,119).
Sources
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Milford charter township, Oakland County, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Milford charter township, Oakland County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Milford charter township, Oakland County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Milford charter township, Oakland County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Milford charter township, Oakland County, Michigan
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Milford charter township, Oakland County, Michigan (county subdivision:53980, in state:26 county:125).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25103_001E, B25103_001M, B25077_001E, B25077_001M, B25088_002E, B25088_002M from the 2019 release.
The API needs a free key.
B25103_001E, B25103_001M, B25103_002E, B25103_002M, B25103_003E, B25103_003M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Milford Charter Township at a glance
- Median rent in Milford Charter Township
- Rent by bedrooms in Milford Charter Township
- Rent burden in Milford Charter Township
- Renters and owners in Milford Charter Township
- Income and affordability in Milford Charter Township
- Home values in Milford Charter Township
- Homeowner costs in Milford Charter Township
- Types of homes in Milford Charter Township
- Bedrooms in Milford Charter Township
- Age of homes in Milford Charter Township
- Vacancy rate in Milford Charter Township
- Heating fuel in Milford Charter Township
- Commute and cars in Milford Charter Township
- Population growth in Milford Charter Township
- How long people stay in Milford Charter Township
- Crowding and facilities in Milford Charter Township
- Fair Market Rent in Milford Charter Township
- Michigan landlord and tenant rules
- Housing across Oakland County
- Michigan places ranked by property taxes
- Housing data for every place in Michigan