Saginaw property tax: where it goes
A Saginaw house pays 7.382% of its taxable value before the exemption (5.582% with it) in property tax. For a house at $23,300 of taxable value with the homestead exemption, that's about $1,301 a year.
Tax is levied on taxable value; assessed value is set at 50 percent of market value, and taxable value is the lowest of assessed value, the prior year's taxable value times the CPI increase or 5% (whichever is less), or the multiplier value.
The State of Michigan says rates for 2026 will be posted in spring 2027, so the 2025 totals are used.
Who taxes this house
| Taxing agency | Rate | On $23,300 |
|---|---|---|
| All levies for a principal residence in Saginaw City with Saginaw City School District, including the city's police and fire millage (city, Saginaw County, schools, ISD, college, State Education Tax), 2025 | 5.5822% | $1,301 |
| Saginaw City School District local operating millage (charged only on property without a Principal Residence Exemption), 2025 (schools) | 1.8% | $0 |
| Total | 7.382% | $1,301 |
2025 tax year, Saginaw City with Saginaw City School District. Exemptions applied: Principal Residence Exemption (exempts an owner's principal residence from the local school operating millage, up to 18 mills) ($23,300).
Ways to pay less
- Principal Residence Exemption. A principal residence exemption exempts an owner's principal residence from the local school operating millage, up to 18 mills. How: File a Principal Residence Exemption Affidavit (Form 2368) with the assessor for the city where the property is located.
- Seniors 62+ with income under $40,000: summer tax interest deferral. Senior citizens who are 62 or older, make less than $40,000 annually and occupy the home as their Principal Residence may file the Senior Deferment Application; it defers interest on the summer tax bill until February 14. How: File the application with the City cashier before September 15; late applications are not accepted.
- Lower incomes: Michigan Homestead Property Tax Credit. Tax year 2025 limits: maximum taxable value $165,400, total household resources limit $71,500, phase-out above $62,500, credit limit $1,900. How: See the Michigan Department of Treasury's Homestead Property Tax Credit information.
Dates
| When | What |
|---|---|
| Nov 1 (in 9 days) | Deadline to file a Principal Residence Exemption Affidavit (Form 2368) for the winter tax levy |
| Feb 14 | The winter (County) property tax bill is mailed December 1 and is due on or before February 14 (the next business day if the 14th falls on a Saturday or Sunday); a flat 3% penalty is added on February 15 |
| Jun 1 | File a Principal Residence Exemption Affidavit by June 1 to lower that year's taxes starting with the summer levy |
| Jul 31, 2027 | The summer (City) property tax bill is due on or before July 31, or the next business day if the 31st falls on a weekend; penalty and interest are added on August 1 |
Pay or manage it
Sources
- City of Saginaw property taxes
- Michigan Treasury 2025 total property tax rates
- Michigan Treasury: Principal Residence Exemption
- Michigan Treasury tax year 2025 guidance
Checked October 22, 2026. Every number here comes from the public sources listed, matched by our checker.
Rates change every year; this page shows when it was last checked. Nothing here is legal, tax or insurance advice.