Property Tax in Grand Traverse County
via TaxByCounty
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.