Tax Rates

MILLAGE RATE                                  Printable Version                                                    


 City of Detroit 33.4984 
 Wayne County  7.9220
 Wayne County Community College  2.4769
 Huron Clinton Metropolitan Authority  0.2146
 Wayne County Intermediate School District  3.4643
 Detroit Board of Education  30.9323
 State of Michigan  6.000
 NET MILLAGE RATE  84.5085
 

PROPERTY TAX

Real estate is assessed at 50% of market value, on an annual basis.

What is a mill?  A mill is $1 per $1,000 of the taxable value of property.  

Example:  If the taxable value of a house is $20,000 and your rate is 35 mills, then your tax is $700.  If the taxable value is $10,000 and your tax rate is 35 mills, then your tax is $350. 

PERSONAL INCOME TAX

City of Detroit

  • Resident:         2.50%
  • Non-resident:   1.25%

State of Michigan:      4.35%

STATE SALES TAX:      6.00%

(Michigan's sales tax equals the U.S. average.)

 

UTILITY USER TAX

  • DTE  (gas):                 5.00%
  • DTE  (electric):            5.00%
  • Water Department:      5.00%

CORPORATE TAXES 

  • The new structure taxes C-Corporations at 6% on federal taxable income apportioned to Michigan. Other entities - individuals, partnerships, LLCs, etc. - have income flow to their personal income tax. The personal income tax rate will remain 4.35%, dropping to 4.25% in 2013.
  • City of Detroit Corporate Income Tax 2.00%