Grand Traverse County Property Taxes
Grand Traverse County, Michigan
Effective Tax Rate
0.00%
38% above state avgMedian Annual Tax
$0
$242/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.98%
At a Glance
Median Home Value
$296,200
State avg ▲ $182,224
Tax w/ Mortgage/yr
$2,926
$244/mo escrow
Tax w/o Mortgage/yr
$2,845
$237/mo
State Tax Rate Rank
#17
of 83 counties (1 = lowest)
Data Story
About Property Taxes in Grand Traverse County, Michigan
Grand Traverse has the lowest rate
Grand Traverse County's effective tax rate of 0.979% ranks among the lowest in the nation, sitting in the 31st percentile and well below the national median of 1.098%. This northern Michigan resort county provides substantial tax relief despite median home values of $296,200—the highest in this group.
Michigan's most tax-friendly county
At 0.979%, Grand Traverse has the lowest effective tax rate among all eight profiled counties and runs 16% below Michigan's state average of 1.166%. Its median property tax of $2,900 reflects high property values rather than high rates.
Far more affordable than peers
Grand Traverse's 0.979% rate dramatically undercuts nearby Genesee (1.398%) and Gratiot (1.271%), offering significantly better tax value for upscale properties. Only Hillsdale County approaches its affordability at 0.964%.
What a typical home costs
On a median home valued at $296,200, Grand Traverse homeowners pay approximately $2,900 per year in property taxes—the highest nominal bill in this group, but the lowest rate. Mortgaged homes cost about $2,926 annually; mortgage-free homes, roughly $2,845.
Even low rates warrant review
Grand Traverse's attractive tax rate doesn't eliminate the possibility of overassessment, especially in a hot real estate market. Every homeowner should verify their assessed value against recent comparable sales—even modest savings add up on higher-value properties.
How Grand Traverse County Compares
Median Annual Property Tax
Grand Traverse County
0.98%
Effective rate
Michigan Avg
1.15%
Effective rate
National Avg
0.91%
Effective rate
Frequently Asked Questions
What is the property tax rate in Grand Traverse County, Michigan?
How much are property taxes in Grand Traverse County?
How does Grand Traverse County compare to the Michigan average?
What is the median home value in Grand Traverse County, Michigan?
Is Grand Traverse County a low property tax area in Michigan?
How does Grand Traverse County rank for property taxes in Michigan?
Counties with Similar Tax Rates
Nearby Counties
Other Counties in Michigan
Data updated: March 2026
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.