Property Tax & Income in Leelanau County, Michigan
Leelanau County has an effective property tax rate of 0.68%. On the median home value of $458,400, that's roughly $3,118 per year. Median household income is $99,422.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Leelanau County | Michigan (state context) |
|---|---|---|
| Effective property tax rate1 | 0.68% | 1.09% |
| Median home value1 | $458,400 | — |
| State income tax3 | top rate 4.25% | top rate 4.25% |
| State sales tax3 | 6.00% combined | 6.00% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Leelanau County, MI
Leelanau County offers a striking combination for buyers: median home values of $458,400 sit well above the national picture, yet the effective property tax rate of 0.680% ranks lowest among all 83 Michigan counties and falls beneath both the statewide 1.087% and the national 0.794% averages. That gap matters at closing and every year after. The median annual real-estate tax bill lands at $3,118, a figure shaped by the low rate offsetting higher valuations. Households here earn a median of $99,422, with per-capita income at $57,553, so the tax load stays proportionate to local earnings. Communities like Glen Arbor, Cedar, and Lake Leelanau anchor this lakeside county, where expensive real estate pairs with unusually gentle taxation. For anyone weighing a purchase, the trade-off is clear: you pay more for the home, but Michigan's lowest county rate keeps the ongoing tax cost contained.