Ferndale, Oakland County, Michigan Property Taxes - Ownwell
Ferndale, Oakland County, Michigan Property Taxes
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Property Taxes in Ferndale, Michigan
- Median Ferndale, Michigan effective property tax rate: 1.56%, significantly higher than the national median of 1.02%, and higher than the Michigan state median of 1.05%.
- Median Ferndale, Michigan home value: $218,690
- Median annual Ferndale, Michigan tax bill: $3,678, $1,278 higher than the national median property tax bill of $2,400.
How are property taxes in Oakland calculated?
Property taxes in Ferndale, Michigan are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Ferndale's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Ferndale, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Ferndale, Oakland County, Michigan Property Tax Bill Calculator
| Property Assessed Value | Estimate Property Tax Bill |
|---|---|
| $100,000 | $3,412 |
| $1,500,000 | $3,166 |
| $3,000,000 | SAVE WITH OWNWELL |
Average Annual Tax Savings
$774
How Does the Ferndale Property Tax Calculator Work?
Use this Ferndale property tax calculator to estimate your annual tax bill. Enter your property's assessed value and our calculator applies Ferndale's median effective tax rate of 1.56% — based on actual property records in Oakland County — to generate your estimate.
Enter your property's estimated assessed value — the figure used to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Ferndale's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
About Ferndale Property Taxes
Ferndale’s median effective property tax rate of 1.56% is higher than the Michigan state median of 1.05% and higher than the national median of 1.02%. This rate reflects the Oakland County base levy combined with local school district levies and tax increment finance districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Ferndale. Homeowners in the 48220 ZIP code carry a median effective rate of 1.56%, while those in the same ZIP also pay 1.56%.
Property Tax Rates Across Ferndale, Oakland County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48220 | 0.99% | 1.15% | 1.56% | 2.30% | 2.57% |
Median Effective Tax Rates
- Median Effective Ferndale Tax Rate: 1.56%
- Median Effective Oakland County Tax Rate: 1.04%
- Median Effective Michigan Tax Rate: 1.05%
- Median Effective United States Tax Rate: 1.02%
Property Tax Assessment Values Across Ferndale, Oakland County, Michigan
When examining property taxes in Ferndale, Michigan, understanding the distinction between "market value" and "assessed value" is crucial.
- Market Value: What a willing buyer would pay to a willing seller in an open and competitive market.
- Assessed Value: The market value minus any applicable exemptions or limits determined by local laws and offerings.
Property Tax Bills Across Ferndale, Oakland County, Michigan
Property tax bills in Ferndale are based on the assessed value of a home and the local tax rate. The median home price is $218,690, and the median property tax bill is $3,678.
Median Tax Bills
- Median Ferndale Tax Bill: $3,678
- Median Oakland County Tax Bill: $3,235
- Median Michigan Tax Bill: $2,084
- Median United States Tax Bill: $2,400
Frequently Asked Property Tax Questions in Ferndale, Michigan
How are property taxes calculated?
Property taxes in Ferndale, Michigan are calculated by multiplying your property's assessed value by the applicable tax rate.
How do I appeal my property taxes?
File a formal protest or appeal with your local appraisal district or assessor's office by the stated deadline.
What property tax exemptions are available?
Common property tax exemptions in Ferndale include homestead exemptions, senior citizen exemptions, veteran exemptions, and disability exemptions.
When are property taxes due?
Check with your county assessor's office for specific dates in your area.
How can Ownwell help?
Ownwell provides professional property tax appeal services in Ferndale, Michigan. You only pay a percentage of your savings if we successfully lower your tax bill.