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Compare Novi's Tax Rate

The City of Novi maintains one of the lowest local property tax rates in Oakland County of any municipality while preserving its high level of services.

2012 Novi Property Tax Base Primer Presented to City Council, December 19, 2011
2010 Oakland County Equalization Comparison of Tax Rates
2010 Ad Valorem Administrative Fee (AR) Rates
Distribution of Novi Residential Tax Dollars

2012 Novi Property Tax Base Primer

Tax Base Primer Presentation graphicThe 2012 Novi Property Tax Base Primer presentation provides series of city-wide trends and updates on valuations, including break-out of commercial and industrial class properties. For the upcoming 2011 tax year (for property taxes payable in 2012), declines in commercial and industrial values continue but are projected to moderate and continue to hold value higher than county-wide. The City of Novi’s tax base continues to be diversified at about 60% residential. That residential value is increasing slightly, overall.

 2012 Novi Property Tax Base Primer Presentation  (presented to City Council, December 19, 2011)

 

 2010 Oakland County Equalization Comparison of Tax Rates 

 2010 Oakland County Equalization Comparison of Tax Rates

Line graph showing Novi's tax rate compared to surrounding Oakland County cities

 

Tax Rates for Novi compared with other Oakland County cities

 

The following cities in Oakland County levy an additional Administration Fee on top of their taxes. The City of Novi does not levy an administrative fee. While having a relatively low property tax rate, the City of Novi provides excellent services to the business and residential community. The 2010 National Citizen Survey results (a statistically-valid survey of residents) showed that 93% of citizens believe they get a high value of services for the tax dollars paid which is 20% above the national benchmark comparisons.

 

2010 Ad Valorem Administrative Fee (AR) Rates

 2010 Ad Valorem Administrative Fee (AR) Rates

Distribution of Novi Residential Tax Dollars

 Distribution of Novi Residential Tax Dollars

Pie chart showing distribution of residential tax dollars