Assessing

Oakland County’s Equalization Division determines Assessed and Taxable Values on properties to generate taxes for the municipalities of the County. The Oakland County Equalization Division is contracted to provide assessing services to The Charter Township of Royal Oak. 

2017 Parcel Counts – Royal Oak Township

Real Residential Parcels – 775
Real Commercial Parcels – 76
Real Industrial Parcels – 9
Personal Property Parcels – 118

Average Residential Property Values

2017 Average Selling Price - $50,125
2017 Average Residential Assessed Value - $12,830*
*includes improved and vacant parcels in the residential classification

Value Changes

2018 Commercial Assessed Values = 2.62%
2018 Industrial Assessed Values = 5.25%
2018 Residential Assessed Values = 4.52%
2018 Real Property Taxable Values = 3.26%

For more information on Oakland County’s Equalization Division, click here.