Wayne County, Michigan · 2025 published rates

What happens to property taxes when you buy a home in Grosse Pointe Woods, MI

The tax figure on the listing is the seller's bill, computed under a cap that ends the day you close. The January after the sale, the Grosse Pointe Woods assessor resets the taxable value to about half of what you paid, and your bill is built from that new number at the rates below.

55.2398Homestead mills, Grosse Pointe Public
69.7175Non-homestead mills, same district
$150,000Taxable value after a $300,000 purchase
$8,286Annual homestead tax on a $300,000 purchase — arithmetic illustration
Proposal A

The seller's bill is not your bill.

Michigan's Proposal A freezes how fast a home's taxable value can grow while one owner holds it, often far below what the home is now worth. A sale uncaps it. The assessor resets the taxable value to the state equalized value, which is about half the market value, and every bill after that is computed from the reset figure. Buyers who budget from the listing's tax line usually meet the real number in year two.

Two things set the size of the reset bill in Grosse Pointe Woods: the price you pay, and whether you live in the home. Living there qualifies you for the Principal Residence Exemption, and the exact rate depends on the school district the house sits in.

The published rates

Grosse Pointe Woods's 2025 rates, by exemption status

One mill is one dollar of tax per $1,000 of taxable value. These are the totals the state publishes, not an estimate.

School districtHomestead (PRE), millsNon-homestead, mills
Grosse Pointe Public55.239869.7175

Source: Michigan Department of Treasury, Total Property Tax Rates in Michigan, 2025 — the official statewide table, as published.

The arithmetic

What the reset does to the bill.

A $300,000 purchase in Grosse Pointe Woods, worked line by line.

LineFigure
Purchase price$300,000
Taxable value after the uncap (state equalized value, about half the price)$150,000
Homestead rate55.2398 mills
Annual tax once the reset lands$8,286

$300,000 × 50% = $150,000 taxable value. $150,000 × 55.2398 ÷ 1,000 = $8,286 a year. Rounded to the nearest dollar.

If you will not live in the home, the same purchase computes at the non-homestead rate of 69.7175 mills: $10,458 a year, a difference of $2,172 against the homestead figure above.

The reset uses exactly half the price here, where the assessor's figure will be approximately half. Your actual bill depends on the assessor's next determination of state equalized value and on any millage voters approve between now and then.

Three price points

The same arithmetic at three round numbers.

These are arithmetic illustrations of the published rates. They are not statistics about Grosse Pointe Woods home prices.

Purchase priceTaxable value after the uncapAnnual tax, homesteadAnnual tax, non-homestead
$200,000$100,000$5,524$6,972
$300,000$150,000$8,286$10,458
$400,000$200,000$11,048$13,944

Computed at 55.2398 / 69.7175 mills, Grosse Pointe Public. Rounded to the nearest dollar.

Deadlines

The paperwork that sets your rate.

Two filings decide which column above your bill is computed from, and one of them carries a penalty.

Principal Residence Exemption — Form 2368

If you will live in the home, this filing is what puts you on the homestead column instead of the non-homestead one. File it with the Grosse Pointe Woods assessor.

Summer levyJune 1
Winter levyNovember 1

Property Transfer Affidavit — Form 2766

Due to the assessor after the transfer. It is the filing that tells the assessor the sale happened, and missing it is the one deadline here that costs money.

Due45 days from transfer
Penalty, residence$5 per day, $200 max
Questions

What buyers in Grosse Pointe Woods ask.

What is the 2025 property tax rate in Grosse Pointe Woods, Michigan?

The 2025 rate published by the Michigan Department of Treasury for Grosse Pointe Woods (Grosse Pointe Public district) is 55.2398 mills with a Principal Residence Exemption and 69.7175 mills non-homestead.

Why will my property taxes in Grosse Pointe Woods be higher than the seller's?

Michigan's Proposal A caps how fast a home's taxable value can rise while one person owns it. A sale removes the cap: the January after you close, the taxable value resets to the state equalized value — about half the market value — and your bill is computed from that reset number, not from the seller's capped one. The figure on the listing is the seller's bill under the old cap.

How much would property taxes be on a $300,000 home in Grosse Pointe Woods?

As an arithmetic illustration, not a statistic about local prices: taxable value resets to about half the price — the illustration uses exactly $150,000 — and at the published homestead rate of 55.2398 mills the annual bill computes to $8,286.

What is the Principal Residence Exemption worth in Grosse Pointe Woods?

In Grosse Pointe Woods, the gap between the published non-homestead and homestead rates is 14.4777 mills. On a $300,000 purchase — $150,000 of taxable value after the reset — that computes to $2,172 a year. You claim it by filing Form 2368 with the assessor: June 1 for the summer levy, November 1 for the winter levy.

What do I have to file after buying a home in Grosse Pointe Woods?

Two forms. The Property Transfer Affidavit (Form 2766) goes to the assessor within 45 days of the transfer; the penalty for missing it runs $5 a day up to $200 for a residence. The Principal Residence Exemption (Form 2368) is due June 1 for the summer levy and November 1 for the winter levy if you will live in the home.

Your address, not a round number

Run the reset on the house you are actually looking at.

The property tax check runs this arithmetic on your purchase price, your exemption status, and your school district. The direction and rough size of the change appear straight away; the full breakdown is sent once you enter an email.

The tax reset is one number out of roughly forty in the full financial inspection: every published value estimate, true monthly cost, ten years of equity math, the big-ticket replacements coming, the city's records on the house, and a verdict of Proceed, Conditional, or Walk Away. Delivered within 3 hours of payment, with 30 days to get your money back. We take no lender money.