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Millage Rates
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Home / Site Selectors / Taxation / Millage Rates
Millage Rates
The 2004 millage rates for Washtenaw County are detailed in the table below. Millages are property taxes assessed on residents and businesses for operating expenses of communities, schools, and community colleges. In Michigan, millages are based on 50% of the True Cash Value, called the State Equalized Value, or "SEV" of a property. This includes real and personal property. A "mill" is equal to $1.00 per $1,000 SEV.
Based on an average millage rate of 54 mills, taxes would be calculated as follows:
- $500,000÷2=$250,000 (SEV of property)
- $250,000÷1,000=250 X 54 mils=$13,500 (millage rate for one year)
Click here to view the 2004 millage rates for Washtenaw County.
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