StateRates

Benzie County, Michigan property tax

The median homeowner in Benzie County, Michigan pays $2,119 a year in property tax on a home worth $254,400, an effective rate of 0.83%. The national effective rate is 0.98%.

Effective rate 0.83% #81 of 82 in Michigan
Median tax bill $2,119 per year
Median home value $254,400 owner-occupied
Median income $72,603 household

What the rate means here

At 0.83%, Benzie County taxes property more lightly than the national 0.98%. The bill works out at $2,119 a year. Low-rate counties usually have another revenue source doing the work, whether that is a state funding formula, sales tax or severance revenue from extraction.

Inside Michigan it is among the lightest, ranking #81 of 82, against a statewide 1.28%. Ingham County, in the same state, charges 1.86%. Comparing states on property tax hides differences like that, which is why this site publishes counties.

The median home costs 3.5 times the median household income of $72,603, close to the national 3.86. This is a small rural county of 18,177 people. Five-year survey estimates for places this size carry wide margins of error, so treat the figures as approximate.

The rate is derived rather than quoted. How and why.

What that costs at different home values

$250,000 home $2,075 per year at 0.83%
$400,000 home $3,320 per year at 0.83%
$600,000 home $4,980 per year at 0.83%

Arithmetic at the county effective rate, before any exemption or assessment cap.

Housing and income

Benzie County, Michigan against Michigan and the country
Benzie County Michigan United States
Effective property tax 0.83% 1.28% 0.98%
Median tax bill $2,119 $2,795 $2,969
Median home value $254,400 $217,600 $303,400
Median gross rent $974 $1,084 $1,348
Median household income $72,603 $71,149 $78,538
Home price to income 3.5× 3.06× 3.86×
Rent as share of income 16.1% 18.28% 20.6%
Owner-occupied 87.82% 72.92% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 18,177.

Nearby counties of similar size

Other Michigan counties
County Rate Median bill Home value
Kalkaska County 0.89% $1,545 $174,300
Ogemaw County 1.02% $1,417 $138,600
Missaukee County 0.98% $1,600 $163,700
Arenac County 1.30% $1,676 $129,000
Gogebic County 1.49% $1,488 $99,700

Benzie County property tax: common questions

What is the property tax rate in Benzie County, Michigan?

The effective rate is 0.83% of home value, from a median tax bill of $2,119 against a median home value of $254,400. That is 0.15 points below the national 0.98%.

How much is property tax on a $400,000 home in Benzie County?

Roughly $3,320 a year at the county effective rate of 0.83%.

Is Benzie County expensive compared with the rest of Michigan?

It ranks #81 of 82 Michigan counties by effective property tax rate, and #1391 of 2,826 nationally. That is 0.45 points below the Michigan average of 1.28%.

What does housing cost in Benzie County?

The median home is worth $254,400 and median gross rent is $974 a month. Median household income is $72,603, which puts the home at 3.5 times annual income and rent at 16.1% of it.