Taxes in Taylor, Michigan
Complete tax guide for Taylor, MI. State income tax up to 4.25%, 1.59% property tax, 6.68% sales tax. Calculate your total tax burden.
State Income Tax
4.25%
Michigan
Property Tax
1.59%
Effective rate
Sales Tax
6.68%
Combined rate
Tax Burden
Moderate
Taylor, MI Tax Overview
Population
61,422
Median Income
$55,000
Cost of Living
94.8 (100 = avg)
State Income Tax
4.25%
Local Income Tax
2.04%
Median Home Price
$204,000
Taylor Tax Calculator
Pre-filled with Taylor median: $55,000
Total Tax Burden in Taylor
$12,229
Take-Home: $42,772 · Effective Rate: 22.23%
Federal Tax
$4,562
8.29% eff.
MI State + Local
$3,460
6.29% eff.
FICA
$4,208
7.65% eff.
Take-Home
$42,772
77.77% kept
Tax Breakdown
| Item | Annual | Monthly |
|---|---|---|
| Gross Income | $55,000.00 | $4,583.33 |
| Federal Income Tax | -$4,561.50 | -$380.13 |
| Michigan State Tax | -$2,337.50 | -$194.79 |
| Taylor Local Tax (2.04%) | -$1,122.00 | -$93.50 |
| Social Security (6.2%) | -$3,410.00 | -$284.17 |
| Medicare (1.45%) | -$797.50 | -$66.46 |
| Take-Home Pay | $42,771.50 | $3,564.29 |
Property Tax in Taylor
Median Home
$204,000
Annual Tax
$3,244
Monthly Tax
$270
Effective Rate
1.59%
Sales Tax in Taylor
Combined Rate
6.68%
State Portion
~4.2%
Local Portion
~2.5%
The combined sales tax rate in Taylor is 6.68%, which is below the national average of 7.12%. On a $100 purchase, you would pay $6.68 in sales tax.
Tax Burden Comparison
| Tax Type | Taylor | Michigan Avg | National Avg |
|---|---|---|---|
| Income Tax | 4.25% + 2.04% | 4.25% | 4.6% |
| Property Tax | 1.59% | ~1.59% | 1.1% |
| Sales Tax | 6.68% | ~6.68% | 7.12% |
| Overall Burden | Moderate | — | Moderate |
Tax Saving Tips for Taylor Residents
- Michigan's income tax rate of 4.25% is competitive. You may still benefit from maximizing 401(k) contributions ($23,500 limit) to reduce your taxable income at both state and federal levels.
- Taylor has a local income tax of 2.04%. If you work remotely, verify whether you owe city tax based on where you work or where you live. Some cities only tax people who work within city limits.
- Property tax in Taylor (1.59%) is above the national average. Check if you qualify for homestead exemptions or assessment appeals to reduce your property tax bill.
- Use a Health Savings Account (HSA) if eligible. Contributions are tax-deductible ($4,300 individual, $8,550 family), growth is tax-free, and withdrawals for medical expenses are tax-free.
Other Cities in Michigan
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ModerateAnn Arbor
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Very LowCalculate Your Full Michigan Tax Burden
See detailed state tax brackets, FICA breakdown, and compare to neighboring states.
Frequently Asked Questions
What are the tax rates in Taylor, MI?
Taylor, Michigan has a state income tax rate up to 4.25%, plus a local income tax of 2.04%. The property tax rate is 1.59% and the combined sales tax rate is 6.68%.
How much is property tax in Taylor?
The effective property tax rate in Taylor is 1.59%. On the median home price of $204,000, this equals approximately $3,244 per year or $270 per month. This is above the national average of 1.1%.
What is the sales tax rate in Taylor?
The combined sales tax rate in Taylor is 6.68%, which includes both state and local components. This is below the national average combined rate of approximately 7.12%.
How does Taylor's tax burden compare to other cities?
Taylor has a moderate overall tax burden. The effective total tax rate for a median-income household is approximately 29.4%. The combination of 4.25% state income tax, 1.59% property tax, and 6.68% sales tax determines the total burden. Cost of living index is 94.8 (100 = national average).
Are there any local taxes in Taylor?
Yes. Taylor imposes a local income tax of 2.04% in addition to the state income tax of 4.25%.