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The market value and the taxable value of your property are two very different numbers.

Perhaps the most significant factor determining your property taxes is the taxable value of your home and land. School District: Within these areas, you may reside in the East Lansing, Lansing, Bath, Dewitt, Okemos, Haslett or Williamston school district. East Lansing residents may reside in either Ingham County or Clinton County. Township or City: You may reside in the City of East Lansing, Meridian Township, Bath Township, or DeWitt Township.Ĭounty: All Meridian Township residents reside in Ingham County. Or, you may be in the same state, county and school district, but in different townships or cities.ĭepending on your location within these areas, your taxes can vary in the following ways: This means, though you may live in the same state, county and township as your neighbor, you may have different property tax rates if you are in different school districts. These may be levied at the county level, municipal level (including townships or cities), or school district level. For example, all Michigan residents pay the same property tax millage rate to the State Education Tax, 6 mills, or. Some millage rates are set and every taxpayer in a given area will pay the same rate. That means it takes ten mills to make a one cent tax on every dollar, which is 1%. For example, Ingham County, which includes central, east and south portions of Greater Lansing, has approved and renewed millages to fund library programs since 2000. Millage increases, which are often used for extra funding for schools, roads, public safety, libraries, or other needs, are sometimes proposed by local governments and approved or rejected through a majority vote. Your property taxes are calculated through mills. Property Tax Rates in Greater Lansing: Okemos vs East Lansing Mills and Millage Rates

In this blog post, we’ll use East Lansing and Okemos (Meridian Township) property taxes as examples as we compare property tax rates and how they are calculated. Property taxes vary depending on location, as well as the property value. Though you will eventually pay off a mortgage, property taxes are due twice annually for as long as you own the property. Property taxes are an important consideration when buying a home.