How much are property taxes in Platte Township, MI?

Homeowners in Platte Township, MI pay a median of $2,389 (±$175) a year in real estate taxes (2020–2024 American Community Survey, table B25103).

Homes with a mortgage pay a median of $2,139.

Homes without a mortgage pay a median of $2,489.

That is about 1.0% of the median home value of $242,200.

In Platte Township, the median real estate tax went from $1,654 in 2015–2019 to $2,389 in 2020–2024 (+44.4%).

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
$2,389 (±$175)
With a mortgage
$2,139
Without a mortgage
$2,489
Share of median value
1.0%

Real estate taxes in Platte Township against Benzie County, its state and the nation

Median real estate taxes paid a year, estimate (90% margin of error)
Platte TownshipBenzie CountyMichiganUnited States
Median real estate taxes$2,389 (±$175)$2,262 (±$101)$2,904 (±$9)$3,119
Homes with a mortgage$2,139 (±$547)$2,200 (±$146)$3,152 (±$13)$3,489
Homes without a mortgage$2,489 (±$151)$2,363 (±$169)$2,593 (±$13)$2,576
Median home value$242,200 (±$73,724)$285,700 (±$12,025)$231,600 (±$642)$332,700

In Platte Township, the median real estate tax is not measurably different from Benzie County ($2,262).

It is also lower than in Michigan ($2,904).

It is lower than the national figure ($3,119).

In Benzie County, Platte Township ranks 6 of 13 places with a published estimate, from highest to lowest median real estate taxes.

Statewide, it ranks 594 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 Platte Township

The median tax ($2,389) is 1.0% of the median home value ($242,200).

Across Benzie County the same ratio is 0.8%.

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 Platte Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median real estate taxes$1,654 (±$170)$2,389 (±$175)+44.4%Up after inflation
Median home value$177,800 (±$45,199)$242,200 (±$73,724)+36.2%No measurable change after inflation
Median owner cost with a mortgage$1,197 (±$175)$1,359 (±$418)+13.5%No measurable change 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 Platte Township

Nearest places with a published estimate, compared with Platte Township
PlaceDistanceMedian real estate taxesCompared with this place
Platte Township—$2,389 (±$175)—
Honor5.1 mi$1,250 (±$686)Lower
Almira Township5.1 mi$2,204 (±$237)Not measurably different
Empire Township5.6 mi$3,150 (±$480)Higher
Empire6.1 mi$2,966 (±$735)Not measurably different
Homestead Township6.4 mi$1,609 (±$204)Lower
Lake Ann7.2 mi$2,625 (±$633)Not measurably different
Lake Township (Benzie County)7.7 mi$4,357 (±$554)Higher
Benzonia Township8.3 mi$2,341 (±$262)Not measurably different

Nearby places with a measurably lower figure: Honor, MI ($1,250), Homestead Township, MI ($1,609).

Nearby places with a measurably higher figure: Empire Township, MI ($3,150), Lake Township (Benzie County), MI ($4,357).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median real estate taxes across Benzie County, place by place

RankPlaceMedian real estate taxes
1Lake Township (Benzie County)$4,357 (±$554)
2Frankfort$2,995 (±$578)
3Crystal Lake Township$2,786 (±$564)
4Gilmore Township (Benzie County)$2,696 (±$377)
5Blaine Township$2,557 (±$427)
6Platte Township$2,389 (±$175)
7Benzonia Township$2,341 (±$262)
8Almira Township$2,204 (±$237)
9Inland Township$2,192 (±$213)
10Weldon Township$2,143 (±$535)
11Homestead Township$1,609 (±$204)
12Joyfield Township$1,456 (±$218)

Showing 12 of 13 places in Benzie County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Platte Township

How much are property taxes in Platte Township?

The median real estate tax paid by homeowners in Platte Township, MI is $2,389 (±$175) a year (2020–2024 American Community Survey).

What is the property tax rate in Platte Township?

The Census Bureau does not publish tax rates; as a rough guide, the median tax paid is 1.0% of the median home value in Platte Township, and the actual rate is set by the town, county and school district.

Have property taxes in Platte Township gone up?

In Platte Township, the median real estate tax went from $1,654 in 2015–2019 to $2,389 in 2020–2024 (+44.4%).

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 Platte Township higher than in Benzie County?

In Platte Township, the median real estate tax is not measurably different from Benzie County ($2,262).

It is also lower than in Michigan ($2,904).

It is lower than the national figure ($3,119).

Sources

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 Platte township, Benzie County, Michigan (county subdivision:64760, in state:26 county:019).

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.

Request a Census API 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 .

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