Property tax in Wolverine Lake Village
Estimated property tax a year
$6,442
After a sale, on half the price, at the 2025 rate. An estimate, not a bill.
- Taxable value after the sale, half the price
- $175,000
- Rate
- 36.8119 mills
- Property tax a year
- $6,442
- About a month, for escrow
- $537
Wolverine Lake Village's 2025 rates
| School district | Principal residence | Other homes | Tax on $300,000 |
|---|---|---|---|
| Walled Lake Consolidated Schools, in Commerce Township | 36.81 | 54.47 | $5,522 |
The tax is half the price times the mills, divided by 1,000. How each part works, and where the rates come from, is on the Michigan property tax calculator.
Questions
How much are property taxes in Wolverine Lake Village, MI?
On a $300,000 home the year after a sale, about $5,522 a year as a principal residence, and $8,170 as a second home or rental, at the 2025 rates. A sale resets the taxable value to about half of market value, so the seller's taxes can be lower.
What is the property tax rate in Wolverine Lake Village?
36.81 mills on a principal residence and 54.47 mills on other homes in 2025, from Michigan Treasury's total rates. A mill is $1 for each $1,000 of taxable value; with the taxable value at half the price, that is about 1.84% of the price a year on a home you live in.
Why can my taxes be higher than the seller's?
Michigan caps how fast a home's taxable value rises while one owner has it. A sale lifts the cap, and the year after you buy the taxable value resets to the state equalized value, about half of market value (MCL 211.27a).
More on Wolverine Lake Village
Rates nearby
- Addison Township
- Auburn Hills
- Berkley
- Beverly Hills Village
- Bingham Farms Village
- Birmingham
- Bloomfield Hills
- Bloomfield Township
- Brandon Township
- Clarkston
- Clawson
- Commerce Township
- Farmington
- Farmington Hills
- Fenton
- Ferndale
- Franklin Village
- Groveland Township
- Hazel Park
- Highland Township
- Holly Township
- Holly Village
- Huntington Woods
- Independence Township
- Keego Harbor
- Lake Angelus
- Lake Orion Village
- Lathrup Village
- Leonard Village
- Lyon Township
- Madison Heights
- Milford Township
- Milford Village
- Northville
- Novi
- Novi Township
- Oak Park
- Oakland Township
- Orchard Lake Village
- Orion Township
- Ortonville Village
- Oxford Township
- Oxford Village
- Pleasant Ridge
- Pontiac
- Rochester
- Rochester Hills
- Rose Township
- Royal Oak
- Royal Oak Township
- South Lyon
- Southfield
- Southfield Township
- Springfield Township
- Sylvan Lake
- Troy
- Walled Lake
- Waterford Township
- West Bloomfield Township
- White Lake Township
- Wixom
Have an agent check these numbers
A Raven agent will go over the taxes on a home you are looking at in Wolverine Lake Village, and what to ask the city or township.
Sources
- Michigan Treasury, 2025 Total Property Tax Rates, 2025 rates
- MCL 211.27a, taxable value and uncapping
- MCL 211.7cc, the principal residence exemption
Checked October 31, 2026. Estimate only, from Treasury's 2025 total rates on half the price. Not a tax bill or an assessment; your assessor and treasurer have the real figures. General information, not legal or tax advice.
