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Michigan Tax Bracket Calculator β€” Updated 2026

State abbreviation: MI

In Michigan, your federal tax bracket is supplemented by a state income tax rate of 4.25%. Understanding your marginal tax rateβ€”federal plus stateβ€”helps you optimize deductions, retirement contributions, and investment decisions. The combined tax burden varies significantly by state.

Michigan Financial Data (2026)

State Tax Rate
4.25%
Property Tax Rate
1.56%
Median Home Price
$305,000
Avg Insurance Cost
$1,440/year
Cost of Living Index
95
State Abbreviation
MI