Look past the headlines and the numbers start talking. The Census puts the property taxes as a share of home value in ZIP 48073 (Royal Oak area) at 1.26%.
That is about the same as the Oakland County figure of 1.27%.
Where ZIP 48073 (Royal Oak area) stands
Among 68 ZIP codes in Oakland County, ZIP 48073 (Royal Oak area) has the 34th highest figure, above 51% of them. The range runs from 0.87% in ZIP 48341 (Pontiac area) to 1.78% in ZIP 48033 (Southfield area).
The highest figures in the group belong to ZIP 48033 (Southfield area) (1.78%), ZIP 48070 (Huntington Woods area) (1.66%), and ZIP 48075 (Southfield area) (1.58%). Across all 226 Metro Detroit ZIP codes, ZIP 48073 (Royal Oak area) ranks 123rd.
Next door
ZIP 48017 (Clawson area) nearby comes in at 1.42%, 12% higher. ZIP 48072 (Berkley area) nearby comes in at 1.24%, about the same.
ZIP 48067 (Pleasant Ridge area) nearby comes in at 1.31%, 4% higher. ZIP 48070 (Huntington Woods area) nearby comes in at 1.66%, 31% higher.
Related numbers
For median property tax bill, ZIP 48073 (Royal Oak area) comes in at $4,091 a year. For median monthly housing costs, ZIP 48073 (Royal Oak area) comes in at $1,333 a month.
For monthly owner costs without a mortgage, ZIP 48073 (Royal Oak area) comes in at $639 a month.
What it means for you
So what does that mean for you?
The effective rate puts every community on the same scale: what a year of taxes costs for each dollar of home value.
How we read the numbers
The figure is the U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates. Ranks compare ZIP 48073 (Royal Oak area) with the 68 ZIP codes in Oakland County that have the same figure on file, highest first.
Next door, compared
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This page
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ZIP 48017 (Clawson area) 1.42%
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ZIP 48072 (Berkley area) 1.24%
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ZIP 48084 (Clawson area) 1.15%
Sources
Editor In Chief, Detroit Ledger
Victoria Jackson is a lifelong student and sharp-eyed documentarian of all things Detroit, from its rich musical roots and cultural icons to its shifting neighborhoods, storied architecture, and underground legends.