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Houghton County adopts 2026 equalized values; total equalized value rises nearly 12%
Summary
The board adopted the County Equalization Report showing an 11.98% increase in total equalized value from 2025 to 2026 and a 6.74% rise in taxable value; top units by equalized value included Houghton City and Portage Township.
Jaikob Djerf, Equalization Director, presented Houghton County’s 2026 Equalization Report and recommended adoption of the equalized and taxable values.
Djerf reported total equalized value increasing from $2,041,879,500 in 2025 to $2,286,418,795 in 2026 (an increase of $244,539,295, or 11.98%). Taxable value rose from $1,334,220,310 in 2025 to $1,424,149,292 in 2026 (an increase of $89,928,982, or 6.74%). The report listed the top five units by equalized value: Houghton City, Portage Township, Calumet Township, Torch Lake Township and Hancock City.
The board adopted the Equalization Report by voice vote. Djerf summarized that roughly 55% of properties had principal residence exemptions in 2026 and noted disabled-veteran exemptions contributed over $21,240,000 in exempt taxable value (transcript lists figure with placeholder formatting).
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