For current info please visit detroitmi.gov
Estimator FAQs
The estimate provided is for the sum of your summer and winter taxes and does not include any other fees (such as solid waste fee or penalties). So it won’t match your summer tax bill, but instead the sum of your summer and winter tax bills. Additionally, the estimate is based on the assessment data as of June 30th, 2023, including the taxable value and any abatements or exemptions you may have had at that time. Your tax bill may vary if there have been any adjustments or changes since then, such as change in ownership or approval of a HOPE exemption.
The NEZ Homestead saves homeowners about 20% whereas the LVT saves homeowners 17% on average. Until the NEZ expires, the homeowner will receive whichever is the larger savings. Most homeowners will see a slight increase after the NEZ expires, but will see savings versus if there was no NEZ or LVT. Some homeowners will see an immediate savings under LVT based on the value of land. NEZ Rehabs and NEZ News often see a large tax increase once the abatement expires, but the LVT will result in a smaller increase.
Homeowners with a 100% HOPE exemption or veteran exemption will continue to pay $0 in property taxes. Homeowners with a partial exemption may have a further decrease or no change.
Personal property is not impacted by the proposed LVT plan. Only real property will see a change in the way their tax bills are calculated.
The lookup tool only shows estimated tax bill changes for residential homes. If you are a homeowner with side lot(s), the average increase per side lot is $25-30. Nearly all homeowners with side lots will have net savings due to a larger tax decrease on their home. However, the LVT plan guarantees that no homeowner with four side lots or fewer will see a net increase.
This estimator only shows estimated tax bill changes for residential homes. If you own commercial/ industrial property, personal property, and/or vacant land (such as side lots), the website does not have the capability to calculate your estimated tax bill change. If you just purchased your home from the Detroit Land Bank Authority, recently changed homeowner status, or recently received an exemption or abatement, the change may not be reflected in the data yet, which is current as of June 30, 2023. If you cannot find your address or parcel number you can search for it on Detroit Parcel Viewer.
While an estimated 97% of homeowners would see a decrease in their tax bill under the LVT plan, some homeowners will see no change, particularly if they own parcels with a significant amount of land. If you own your home and see an increase, then you may not have a Principal Residence Exemption on your property and should contact the Office of the Assessor or email [email protected].
Please send an email with your inquiry to [email protected].