08/24/2026
🏡 MARKET MONDAY | Same Home. Very Different Tax Impact.
Two homes can have the same purchase price and still have very different monthly payments.
Why? Property taxes.
For this week's Market Monday, I compared the 2024 owner-occupied property tax rates for the primary school districts in five Macomb County communities, using a newly purchased $400,000 home with an estimated taxable value of $200,000:
📍 Clinton Township — about $552/month
📍 Sterling Heights — about $634/month
📍 Warren — about $836/month
📍 Utica — about $679/month
📍 Shelby Township — about $513/month
That's a difference of more than $300 per month between the highest and lowest examples—or nearly $3,900 per year.
That's real money that could affect how much home you can comfortably afford.
Purchase price matters, but smart buyers look at the total monthly payment—mortgage, property taxes and insurance—before deciding what "affordable" really means.
Were you surprised by the difference between these communities?
Estimates are for comparison purposes. Actual property taxes vary based on taxable value, exemptions and other assessments.