Quote Originally Posted by Bham1982 View Post
In Bloomfield Hills/Twp., I don't understand how a residential property would have that tax rate. Those are both relatively high tax jurisdictions and a 300k property would probably run around 8k-9k in taxes. Is there something ridiculous with the assessed value?
Bloomfield hill/twp tax rate isn't that high. Higher than royal oak but pretty typical for Oakland county. In Bloomfield hills, It's 40 mills for the Birmingham school district and 36.74 for the Bloomfield school District. The township is 3 mills higher. That would put a home with a taxable value of $150k [[$300K market value) at around $5000-$6000 if bought today. If they've owned the home awhile their taxable value would be clamped at the rate of inflation.