Lincoln Institute of Land Policy2

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Detroit property taxesNick Allen Lincoln Institute of Land Policy

Plan to lower Detroit's high property taxes gains steam (ft. Nick Allen)

Long time listeners might remember the words split property taxes. The idea being - the city of Detroit's tax burden is only second only to New York City. But, I don't know if you've looked around. We don't have the household incomes, the commerce, or the number of people to support that. We were closer to that many decades ago. But no more. So the idea is to change the code to make it so land speculators and others would get punished, and those who are taking care of and improving their lan...

DetroitLincoln Institute of Land Policy Minnesota Center for Fiscal Excellence

Detroit Has The Second Highest Residential Property Taxes In The Nation, Says Study

If you’re a Detroit homeowner, you might get the feeling that you’re paying through your nose for your property taxes. That feeling has been validated (more or less) in a report released by The Lincoln Institute of Land Policy. The 50-State Property Tax Comparison Study, produced in partnership with the Minnesota Center for Fiscal Excellence, tracks the effective tax rate, the tax payment as a percentage of market value, for residential, commercial, industrial, and apartment properties in more...