Property Tax in Lake County, Michigan
In Lake County, Michigan, the median property tax is $1,456/year — an effective tax rate of 1.09%. The median home value is $133,900.
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How Lake County Compares
| Metric | Lake County | Michigan Avg | U.S. Avg |
|---|---|---|---|
| Effective Tax Rate | 1.09% | 1.12% | 0.92% |
| Median Tax / Year | $1,456 | $2,182 | $1,630 |
| Median Home Value | $133,900 | $197,292 | $227,706 |
Market Analysis
Lake County's effective property tax rate of 1.09% is 2.6% below the Michigan state average and 19.0% above the U.S. national average. This is a moderately-priced tax jurisdiction relative to national norms.
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What is the property tax rate in Lake County?
The effective property tax rate in Lake County is 1.09%, based on the median property tax paid ($1,456) divided by the median home value ($133,900).
How does Lake County compare to the rest of Michigan?
Lake County's rate is 2.6% below the Michigan state average of 1.12%. See the full Michigan breakdown.
Can I appeal my property tax assessment in Lake County?
Yes. Most U.S. counties allow property owners to appeal their assessed value. See our Appeal Guide for the process and deadlines.
What exemptions are available in Michigan?
Michigan offers various exemptions, including homestead, senior citizen, veteran, and disability exemptions. See our Exemptions Guide.
Data Source: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates. Variables: B25103 (Median Real Estate Taxes Paid), B25077 (Median Home Value). Public domain. Effective rate = median tax ÷ median home value × 100. This page is for informational purposes only and does not constitute tax or legal advice.