Exeter Township vs London Township: property taxes compared
Exeter Township is the cheaper of the two. Its lowest homestead rate is 26.0501 mills against London Township's 28.0563 — about $351 a year less on a $350,000 home at the uncapped taxable value.
Side by side
| Municipality | Homestead mills | County rank | $250,000 | $350,000 | $500,000 |
|---|---|---|---|---|---|
| Exeter Township | 26.0501–36.2801 | 10 of 19 | $3,256 | $4,559 | $6,513 |
| London Township | 28.0563–34.2878 | 12 of 19 | $3,507 | $4,910 | $7,014 |
Dollar columns are the annual homestead bill at the uncapped taxable value — roughly half the purchase price. Multi-district cities show their full rate range; the rank and dollar figures use each city's lowest district.
Same schools, different bill
These two municipalities share 2 school districts. A school district is not a taxing unit — the city millage stacks on top — so the same classrooms can cost a different amount per year depending on which side of the municipal line the house sits.
| Shared district | Exeter Township | London Township | Gap on $350k |
|---|---|---|---|
| Dundee Community School District | 29.2801 | 28.0563 | $214/yr |
| Milan Area Schools | 35.5116 | 34.2878 | $214/yr |
What the difference costs over time
Held for 10 years, that gap compounds to $3,511 at today's rates on a $350,000 home — before any millage change. At $250,000 the annual difference is $251; at $500,000 it is $502. The gap scales with price, so it matters more at the top of each city's market than at the bottom.
Choosing the district can matter more than choosing the city. Inside Exeter Township alone the homestead rate runs 26.0501 to 36.2801 mills — a $1,790 annual swing on a $350,000 home, wider than the $351 gap between the two cities. Two houses on the same street can sit either side of that line.
All figures use each city's lowest homestead rate at the uncapped taxable value — roughly half the purchase price — from the Michigan Department of Treasury's 2025 Total Rates report. A non-homestead property adds about 18 mills on top in either city.
Common questions
Is Exeter Township or London Township cheaper for property taxes?
Exeter Township is the cheaper of the two. Its lowest homestead rate is 26.0501 mills against London Township's 28.0563 — about $351 a year less on a $350,000 home at the uncapped taxable value.
How much more are property taxes in London Township than Exeter Township?
About $351 a year on a $350,000 home — 28.0563 mills versus 26.0501 at each city's lowest homestead rate, using the official 2025 Michigan Treasury millage report.
Do Exeter Township and London Township share any school districts?
Yes — Dundee Community School District, Milan Area Schools. The rate still differs across the municipal line because city millage stacks on top of the school levy, so the same district can cost more in one city than the other.
Will my bill match what the listing shows?
Usually not, in either city. Michigan taxable value uncaps the year after a sale and resets to roughly half the purchase price, so the seller's capped bill on the listing is almost always lower than what you will pay.