Walled Lake property taxes & housing data
Walled Lake is taxed at 40.9991 mills across 1 school district. That is 6.62 mills above the Oakland County median and 8.39 mills above the Southeast Michigan median — the 41st lowest of 52 municipalities in the county, and 169 of 236 region-wide.
Rates by school district
| School district | Homestead | Non-homestead | $250,000 | $350,000 | $500,000 |
|---|---|---|---|---|---|
| Walled Lake Consolidated Schools | 40.9991 | 58.6571 | $5,125 | $7,175 | $10,250 |
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.
How Walled Lake compares in Oakland County
| Municipality | Lowest millage | Annual tax on $350,000 |
|---|---|---|
| Pontiac | 38.3748 | $6,716 |
| Farmington Hills | 39.4568 | $6,905 |
| Northville | 39.9709 | $6,995 |
| Keego Harbor | 40.2912 | $7,051 |
| Walled Lake | 40.9991 | $7,175 |
| South Lyon | 42.1483 | $7,376 |
| Huntington Woods | 43.6735 | $7,643 |
| Farmington | 44.5448 | $7,795 |
| Pleasant Ridge | 46.0062 | $8,051 |
← Keego Harbor (lower) · South Lyon (higher) →
For sale in Walled Lake right now
28 active listings in Walled Lake — 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.
$210,000
1426 Dover Hill · Walled Lake
2 bd · 1 ba · 980 sqft
Listing courtesy of Real Estate One-Troy
$175,000
389 Neptune Drive, Unit 208 · Walled Lake
2 bd · 1 ba · 962 sqft
Listing courtesy of 3DX Real Estate LLC
$169,900
273 Inlet Court · Walled Lake
2 bd · 1 ba · 962 sqft
Listing courtesy of Max Broock, REALTORS®-Birmingham
$289,000
27204 Chantel Drive · Walled Lake
2 bd · 2 ba · 1,923 sqft
Listing courtesy of Real Estate One-Northville
$300,000
414 Old Pine Way, Unit 136 · Walled Lake
3 bd · 2 ba · 1,639 sqft
Listing courtesy of National Realty Centers, Inc
$240,000
488 Village Drive · Walled Lake
2 bd · 2 ba · 1,034 sqft
Listing courtesy of NextHome Edge
IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and 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.
Waterfront in Walled Lake: Walled Lake — recorded sale prices and all-sports status for the lake.
Compare Walled Lake with another community
Walled Lake has 11 side-by-side comparisons, 7 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 Walled Lake.
| Comparison | Their lowest millage | Annual tax on $350,000 | vs Walled Lake |
|---|---|---|---|
| Walled Lake vs Commerce Township · same schools | 24.5296 | $4,293 | −$2,882 |
| Walled Lake vs Novi · same schools | 27.1551 | $4,752 | −$2,423 |
| Walled Lake vs White Lake Township · same schools | 28.7703 | $5,035 | −$2,140 |
| Walled Lake vs Orchard Lake · same schools | 29.8531 | $5,224 | −$1,951 |
| Walled Lake vs West Bloomfield Township · same schools | 31.4531 | $5,504 | −$1,671 |
| Walled Lake vs Wixom · same schools | 35.8219 | $6,269 | −$906 |
| Walled Lake vs Huntington Woods | 43.6735 | $7,643 | +$468 |
| Walled Lake vs Farmington Hills · same schools | 39.4568 | $6,905 | −$270 |
| Walled Lake vs South Lyon | 42.1483 | $7,376 | +$201 |
| Walled Lake vs Northville | 39.9709 | $6,995 | −$180 |
| Walled Lake vs Keego Harbor | 40.2912 | $7,051 | −$124 |
What it's like to own in Walled Lake
Beyond the tax rate, three things shape what owning in Walled Lake actually costs: the age of the homes, what the water utility reports at the tap, and what local air testing has turned up. Each figure below carries the date of the survey it came from.
Housing stock
1964
average year built · 1,516 sqft average across 1,254 single-family homes
SEMCOG Buildings_2024
Lead in drinking water
0 ppb
90th percentile for Walled Lake, City Of · below Michigan's 12 ppb action level. Standard sampling — not comparable to systems that sample at the fifth liter.
EGLE / MDHHS water-system monitoring, periods ending 2025-12-31
Radon
3.85 pCi/L
average across 362 home tests · 39% above the EPA 4 pCi/L action level — elevated. ZIP 48390.
MDHHS indoor radon test results by ZIP
Lead is measured at the water system, not the house — it cannot tell you whether a specific property has a lead service line. Radon is a ZIP-level test distribution, not a prediction for any one home; the EPA recommends testing every home regardless. Screening information only.
Common questions
What is the property tax rate in Walled Lake, Michigan?
Walled Lake is taxed at 40.9991 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 $7,175 a year.
Does the tax rate change by address within Walled Lake?
No. All of Walled Lake sits in Walled Lake Consolidated Schools, so the millage is 40.9991 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 Walled Lake?
About $7,175 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 Walled Lake 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 Walled Lake compare with the rest of Oakland County?
It is the 41 lowest of 52 municipalities in Oakland County and 169 of 236 across the eight-county region — 6.62 mills above the county median.
Is down payment assistance available for homes in Walled Lake?
Likely, but verify per program: 100% of the 117 Walled Lake 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.
What your Walled Lake 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 Walled Lake — enter a price and the seller's current taxable value.
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.
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.