Oakland County · Official 2025 state millage

Lathrup Village property taxes & housing data

Lathrup Village is taxed at 54.0342 mills across 1 school district. That is 19.65 mills above the Oakland County median and 21.43 mills above the Southeast Michigan median — the 50th lowest of 52 municipalities in the county, and 219 of 236 region-wide.

Rates by school district

School districtHomesteadNon-homestead$250,000$350,000$500,000
Southfield Public School District54.034264.6942$6,754$9,456$13,509

Homestead (PRE) applies to your primary residence. Non-homestead applies to rentals and second homes. Dollar columns are the annual bill at the uncapped taxable value — half the purchase price — at the homestead rate.

One district, one rate. All of Lathrup Village sits in Southfield Public School District, so the rate does not change by address. What still changes is your bill: it is set on the uncapped value the year after you buy, not on the seller's capped amount.

How Lathrup Village compares in Oakland County

Municipality Lowest millageAnnual tax on $350,000
Madison Heights46.2962$8,102
Ferndale47.1564$8,252
Clawson48.6167$8,508
Southfield50.6993$8,872
Lathrup Village54.0342$9,456
Oak Park59.4486$10,404
Hazel Park62.2247$10,889

← Southfield (lower)  ·  Oak Park (higher) →

For sale in Lathrup Village right now

8 active listings in Lathrup Village — the 6 newest below. Remember: every one of them uncaps the year after closing, so the bill you should budget is the uncapped one above, not the seller's.

IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Greater Metropolitan Association of REALTORS, Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-09-04T09:58-04:00; refreshed at least twice daily.

Compare Lathrup Village with another community

Lathrup Village has 5 side-by-side comparisons, 2 of them with a community that shares a school district — same schools, different bill. Dollar columns are the annual homestead bill on a $350,000 home at the uncapped taxable value, and the last column is the difference against Lathrup Village.

Comparison Their lowest millageAnnual tax on $350,000 vs Lathrup Village
Lathrup Village vs Southfield Township · same schools25.6381$4,487−$4,969
Lathrup Village vs Hazel Park62.2247$10,889+$1,433
Lathrup Village vs Clawson48.6167$8,508−$948
Lathrup Village vs Oak Park59.4486$10,404+$948
Lathrup Village vs Southfield · same schools50.6993$8,872−$584

Common questions

What is the property tax rate in Lathrup Village, Michigan?

Lathrup Village is taxed at 54.0342 mills for a homestead (principal residence) under the official 2025 Michigan Department of Treasury millage report. On a $350,000 home at the uncapped taxable value that is about $9,456 a year.

Does the tax rate change by address within Lathrup Village?

No. All of Lathrup Village sits in Southfield Public School District, so the millage is 54.0342 at every address in the municipality. Your bill still changes after you buy, because it is recalculated on the uncapped taxable value rather than the seller's capped one.

How much are property taxes on a $350,000 home in Lathrup Village?

About $9,456 a year at the homestead rate. Michigan taxes the taxable value, not the sale price, and after a sale that value uncaps to roughly half what you paid — so $350,000 is taxed on about $175,000.

Why is the tax bill on a Lathrup Village listing lower than what I would pay?

Because the figure on the listing is the seller's. Michigan caps annual taxable-value growth while an owner keeps the property, and that cap is removed the year after it sells. The longer the seller owned it, the further their bill sits below yours.

How does Lathrup Village compare with the rest of Oakland County?

It is the 50 lowest of 52 municipalities in Oakland County and 219 of 236 across the eight-county region — 19.65 mills above the county median.

Is down payment assistance available for homes in Lathrup Village?

Likely, but verify per program: 100% of the 37 Lathrup Village sales evaluated by Down Payment Resource over the last 12 months were flagged as potentially matching at least one assistance program. The flag is an indicator, not a promise — compare the programs and check your numbers.

Run your own numbers

What your Lathrup Village taxes become after you buy

Michigan taxable value uncaps the year after a sale and resets to roughly half the purchase price. The calculator below is already set to Lathrup Village — enter a price and the seller's current taxable value.

The one nobody else built

Uncapping calculator

When a Michigan home changes hands, its taxable value uncaps the following year and resets to roughly half the sale price. Buyers routinely get blindsided by a bill that's thousands higher than the listing showed. Here's your actual number.

Buyer Tool

What will your tax bill be after closing?

Your taxable value uncaps the year after closing and resets to roughly half the purchase price — so a $350,000 home is taxed on about $175,000, whatever the seller was paying. Enter the price and the current taxable value below.

236 municipalities across the 8-county Southeast Michigan region.
Most cities span several districts, and the rate difference between them can exceed 10 mills. This is the step every other calculator skips.
Auto-filled from the official 2025 state report. Override it with the exact rate from your tax bill if you have it.
Not the same as market value or SEV. This is what's capped today.
Non-homestead adds roughly 18 mills of school operating tax.
Your annual tax increase
Seller pays today
Your new taxable value
You'll pay after uncapping
Added to monthly escrow
Why this matters: the increase hits in the tax year after your closing — so your first year looks fine and year two jumps. Lenders often escrow off the seller's old bill, which creates a shortage and a payment increase you didn't plan for.

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