Waterford Township property taxes & housing data
Waterford Township is taxed at 30.4079–34.6099 mills across 3 school districts. That is 3.97 mills below the Oakland County median and 2.20 mills below the Southeast Michigan median — the 14th lowest of 52 municipalities in the county, and 99 of 236 region-wide.
Rates by school district
| School district | Homestead | Non-homestead | $250,000 | $350,000 | $500,000 |
|---|---|---|---|---|---|
| Pontiac City School District | 30.4079 | 48.4079 | $3,801 | $5,321 | $7,602 |
| Waterford School District | 34.3599 | 52.0348 | $4,295 | $6,013 | $8,590 |
| Clarkston Community School District | 34.6099 | 52.6099 | $4,326 | $6,057 | $8,652 |
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 Waterford Township compares in Oakland County
| Municipality | Lowest millage | Annual tax on $350,000 |
|---|---|---|
| White Lake Township | 28.7703 | $5,035 |
| Orion Township | 29.0657 | $5,086 |
| Orchard Lake | 29.8531 | $5,224 |
| Lake Angelus | 30.3952 | $5,319 |
| Waterford Township | 30.4079 | $5,321 |
| Troy | 30.6309 | $5,360 |
| Rochester Hills | 30.8553 | $5,400 |
| Brandon Township | 30.9213 | $5,411 |
| West Bloomfield Township | 31.4531 | $5,504 |
← Lake Angelus (lower) · Troy (higher) →
For sale in Waterford Township right now
162 active listings in Waterford Township — 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.
$375,000
2772 Moosewood Drive · Waterford Township
4 bd · 3 ba · 1,849 sqft
Listing courtesy of DOBI Real Estate
$289,000
4282 Elden Place · Waterford Township
4 bd · 3 ba · 2,813 sqft
Listing courtesy of Berkshire Hathaway HomeServices Michigan Real Est
$425,000
204 Pleasant Manor Drive · Waterford Township
3 bd · 4 ba · 2,836 sqft
Listing courtesy of Keller Williams Premier
$159,900
5060 Harbor Oak Drive, Unit 49 · Waterford Township
2 bd · 2 ba · 1,332 sqft
Listing courtesy of KW Domain
$194,900
3260 Wanamaker Road · Waterford Township
2 bd · 1 ba · 816 sqft
Listing courtesy of Berkshire Hathaway Michigan
$292,000
5508 Clinton River Drive · Waterford Township
3 bd · 2 ba · 1,314 sqft
Listing courtesy of 3DX Real Estate-Brighton
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 Waterford Township: Cass Lake · Lake Oakland · Clinton River · Williams Lake · Watkins Lake · Elizabeth Lake · Sylvan Lake · Loon Lake · Eagle Lake — recorded sale prices and all-sports status for each.
Compare Waterford Township with another community
Waterford Township has 14 side-by-side comparisons, 11 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 Waterford Township.
| Comparison | Their lowest millage | Annual tax on $350,000 | vs Waterford Township |
|---|---|---|---|
| Waterford Township vs Pontiac · same schools | 38.3748 | $6,716 | +$1,394 |
| Waterford Township vs Clarkston · same schools | 36.2619 | $6,346 | +$1,024 |
| Waterford Township vs Sylvan Lake · same schools | 36.0418 | $6,307 | +$986 |
| Waterford Township vs Auburn Hills · same schools | 32.4857 | $5,685 | +$364 |
| Waterford Township vs Independence Township · same schools | 32.4766 | $5,683 | +$362 |
| Waterford Township vs White Lake Township · same schools | 28.7703 | $5,035 | −$287 |
| Waterford Township vs Orion Township · same schools | 29.0657 | $5,086 | −$235 |
| Waterford Township vs Springfield Township · same schools | 31.6460 | $5,538 | +$217 |
| Waterford Township vs Bloomfield Township · same schools | 31.5648 | $5,524 | +$202 |
| Waterford Township vs West Bloomfield Township · same schools | 31.4531 | $5,504 | +$183 |
| Waterford Township vs Orchard Lake | 29.8531 | $5,224 | −$97 |
| Waterford Township vs Rochester Hills | 30.8553 | $5,400 | +$78 |
| Waterford Township vs Troy | 30.6309 | $5,360 | +$39 |
| Waterford Township vs Lake Angelus · same schools | 30.3952 | $5,319 | −$2 |
What it's like to own in Waterford Twp
Beyond the tax rate, three things shape what owning in Waterford Twp 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
1966
average year built · 1,492 sqft average across 24,010 single-family homes
SEMCOG Buildings_2024
Lead in drinking water
1 ppb
90th percentile for Waterford Township · 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
3.49 pCi/L
average across 1,980 home tests · 30% above the EPA 4 pCi/L action level — elevated. ZIPs 48329, 48328, 48327, 48346, 48324, 48326.
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 Waterford Township, Michigan?
Waterford Township is taxed at 30.4079–34.6099 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 $5,321 a year.
Does the tax rate change by address within Waterford Township?
Yes. Waterford Township spans 3 school districts and the rate runs from 30.4079 to 34.6099 mills depending on the district your address falls in — a difference of $735 a year on a $350,000 home. The district table above lists every rate.
How much are property taxes on a $350,000 home in Waterford Township?
About $5,321 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 Waterford Township 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 Waterford Township compare with the rest of Oakland County?
It is the 14 lowest of 52 municipalities in Oakland County and 99 of 236 across the eight-county region — 3.97 mills below the county median.
Is down payment assistance available for homes in Waterford Township?
Likely, but verify per program: 98% of the 798 Waterford Township 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 Waterford Township 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 Waterford Township — 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.