Grand Traverse County, Michigan Property Taxes
Census Bureau ACS property tax data for Michigan. Population: 30,302.
The median annual property tax in Grand Traverse County is $2,900, which is 38% higher than the Michigan state average and 51% above the national average. The effective tax rate is 0.98% on a median home value of $296,200. Property taxes represent 3.6% of the median household income in this county.
Median Annual Tax
$2,900
+38% vs State
+51% vs US
Median Home Value
$296,200
+63% vs State
+40% vs US
Effective Tax Rate
0.98%
-16% vs State
+3% vs US
With vs Without Mortgage
With Mortgage
$2,926
$244/mo
Without Mortgage
$2,845
$237/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $2,900 +2.6% | 0.98% |
| 2022 | $2,826 +5.8% | 1.03% |
| 2021 | $2,670 +2.4% | 1.13% |
| 2020 | $2,607 +2.4% | 1.16% |
| 2019 | $2,547 | 1.20% |
Tax Burden
Tax-to-Income Ratio
3.6%
of median household income
Median Income
$79,486
per year
Monthly Tax
$242
per month
Other Counties in Michigan
Muskegon County
Tax: $2,280/yr Rate: 1.26%
Alpena County
Tax: $1,556/yr Rate: 1.13%
Clinton County
Tax: $3,048/yr Rate: 1.25%
Kent County
Tax: $3,028/yr Rate: 1.14%
Mackinac County
Tax: $1,719/yr Rate: 1.04%
Clare County
Tax: $1,387/yr Rate: 1.18%
Frequently Asked Questions
What is the average property tax in Grand Traverse County, Michigan? ▼
The median annual property tax in Grand Traverse County is $2,900 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.98% on a median home value of $296,200.
How does Grand Traverse County property tax compare to the national average? ▼
Property taxes in Grand Traverse County are 51% above the national average of $1,923. The effective rate of 0.98% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Grand Traverse County? ▼
In Grand Traverse County, homeowners with a mortgage pay a median of $2,926 in annual property taxes, while homeowners without a mortgage pay $2,845. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Grand Traverse County? ▼
Property taxes in Grand Traverse County represent approximately 3.6% of the median household income of $79,486. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.