48195 Property Tax Rate

Property owners in ZIP code 48195 (Southgate, Michigan) pay a median of $3,163/year in property taxes on homes valued at $165,400. This translates to an effective tax rate of 1.91%, which is 57% above the Michigan state average of 1.22%.

The monthly property tax burden for a median-valued home in 48195 is approximately $264, which factors into escrow payments on mortgages. This ZIP code is located within Wayne County. This is $737 more than the Michigan average of $2,426/year.

Compared to similar ZIP codes in Michigan, 48195 has higher property taxes. ZIP codes with similar effective rates include 48021 (1.91%) and 48912 (1.92%).

In Southgate, property taxes represent approximately 4.9% of the median household income of $64,635, providing context for the relative tax burden on homeowners in this area.

Under Michigan's Proposal A, your property will be "uncapped" and reassessed to market value at purchase, resetting your tax base upward and eliminating the prior owner's capped assessment benefit. Wayne County offers the Principle Residence Exemption (PRE), which exempts your primary home from school operating millage tax if you file; apply through the county assessor. File your PRE application with the Wayne County Assessor within 30 days of closing to secure the exemption and avoid retroactive school operating tax liability.