Newaygo County Property Taxes
The median property tax rate in Newaygo County is 0.43%, which is significantly lower than both the national median of 0.99% and the Michigan state median of 1.07%. With the median home value in Newaygo County at $143,600, the typical annual property tax bill is around $667, far below the national median of $2,690. Property taxes in Newaygo County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Newaygo County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Fremont or another part of Newaygo County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Newaygo County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.43%
Estimate Property Tax Bill
$617
Ownwell’s Newaygo Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Newaygo with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Newaygo to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Newaygo County, Michigan
Property taxes in Newaygo County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Newaygo County is 0.43%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within Newaygo County set these rates annually, and they can vary between different areas within the county. Each year, Newaygo County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Big Rapids has one of the higher property tax rates in Michigan at 0.62%, while the city of Hesperia boasts one of the lowest at 0.41%. Analyzing how Newaygo County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Newaygo County Tax Rate
0.43%
Average Michigan Tax Rate
1.07%
Average United States Tax Rate
0.99%
Property Tax Rates Across Newaygo County, Michigan
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bailey | 0.37% | 0.40% | 0.43% | 0.47% | 0.48% |
| Big Rapids | 0.46% | 0.55% | 0.62% | 0.77% | 1.04% |
| Bitely | 0.23% | 0.30% | 0.38% | 0.44% | 0.50% |
| Brohman | 0.25% | 0.31% | 0.36% | 0.43% | 0.48% |
| Fremont | 0.29% | 0.36% | 0.44% | 1.09% | 1.53% |
| Grant | 0.29% | 0.34% | 0.40% | 0.51% | 0.75% |
| Hesperia | 0.24% | 0.30% | 0.41% | 0.52% | 0.61% |
| Holton | 0.29% | 0.33% | 0.37% | 0.45% | 0.50% |
| Howard City | 0.26% | 0.30% | 0.38% | 0.48% | 0.56% |
| Kent City | 0.28% | 0.31% | 0.35% | 0.37% | 0.49% |
| Morley | 0.24% | 0.26% | 0.32% | 0.35% | 0.40% |
| Newaygo | 0.35% | 0.45% | 0.59% | 0.98% | 1.41% |
| Paris | 0.22% | 0.29% | 0.35% | 0.42% | 0.48% |
| Pierson | 0.22% | 0.23% | 0.29% | 0.33% | 0.50% |
| Ravenna | 0.44% | 0.45% | 0.46% | 0.48% | 0.48% |
| Reed City | 0.23% | 0.32% | 0.37% | 0.43% | 0.49% |
| Sand Lake | 0.24% | 0.28% | 0.31% | 0.39% | 0.49% |
| Stanwood | 0.22% | 0.24% | 0.29% | 0.33% | 0.36% |
| Twin Lake | 0.24% | 0.33% | 0.35% | 0.39% | 0.44% |
| Walkerville | 0.23% | 0.27% | 0.36% | 0.43% | 0.57% |
| White Cloud | 0.26% | 0.33% | 0.40% | 0.49% | 0.77% |
Source: Ownwell
Property Tax Assessment Values Across Newaygo County, Michigan
In Newaygo County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Newaygo Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Newaygo County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For example, the highest median tax bill in Newaygo County is found in Big Rapids at $1,066, while the lowest is in Bitely at $290. Being aware of these valuation processes in Newaygo County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Newaygo County, Michigan
Source: Ownwell
$81,400
$150,100
$218,800
Average Newaygo County Assessed Value
$143,600
Average Michigan Assessed Value
$177,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Newaygo County, Michigan
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bailey | $38,300 | $89,250 | $152,600 | $217,850 | $289,920 |
| Big Rapids | $60,000 | $102,500 | $161,700 | $238,400 | $319,400 |
| Bitely | $19,600 | $41,000 | $83,200 | $148,900 | $226,600 |
| Brohman | $24,800 | $45,800 | $81,400 | $138,600 | $203,000 |
| Fremont | $80,400 | $122,000 | $176,600 | $252,000 | $354,200 |
| Grant | $73,600 | $109,600 | $162,400 | $236,200 | $322,200 |
| Hesperia | $13,560 | $47,550 | $97,000 | $153,250 | $238,220 |
| Holton | $83,560 | $120,600 | $166,600 | $259,600 | $325,640 |
| Howard City | $40,800 | $79,200 | $161,800 | $227,600 | $311,760 |
| Kent City | $90,760 | $136,600 | $198,500 | $260,750 | $319,420 |
| Morley | $112,680 | $121,000 | $136,800 | $177,800 | $218,880 |
| Newaygo | $38,820 | $88,400 | $162,500 | $261,400 | $376,580 |
| Paris | $54,820 | $86,400 | $141,100 | $220,750 | $282,140 |
| Pierson | $48,440 | $87,200 | $127,600 | $196,200 | $322,600 |
| Ravenna | $106,580 | $108,050 | $110,500 | $112,950 | $114,420 |
| Reed City | $60,240 | $87,600 | $131,800 | $215,800 | $288,200 |
| Sand Lake | $73,940 | $138,850 | $218,800 | $315,300 | $441,580 |
| Stanwood | $66,400 | $100,300 | $168,100 | $214,050 | $241,140 |
| Twin Lake | $99,960 | $130,050 | $214,600 | $239,300 | $374,900 |
| Walkerville | $40,420 | $62,450 | $112,800 | $158,000 | $212,400 |
| White Cloud | $31,200 | $62,600 | $110,400 | $172,600 | $251,460 |
Source: Ownwell
Property Tax Bills Across Newaygo County, Michigan
In Newaygo County, MI, property tax bills are calculated based on the assessed value of the property, which is typically half of its market value. This assessed value is then multiplied by the local property tax rate to determine the tax bill. Factors such as property improvements, neighborhood changes, and market trends can influence the assessed value. For homeowners in Newaygo County, the median home price is $143,600. Property tax bills can vary significantly, with the 25th percentile tax bill at $347 and the 75th percentile reaching $1,216. At the 90th percentile, homeowners might see tax bills as high as $2,079. Comparatively, Newaygo County's property tax rates can lead to a range of tax bills, with Big Rapids having the highest median tax bill at $1,066, while Bitely has the lowest at $290. These variations can impact homeowners differently, affecting their annual financial planning and the overall affordability of homeownership in the region.
Average Newaygo County Tax Bill
$667
Average Michigan Tax Bill
$1,795
Average United States Tax Bill
$2,690
Property Tax Bills Across Newaygo County, Michigan
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bailey | $154 | $421 | $655 | $986 | $1,244 |
| Big Rapids | $427 | $700 | $1,066 | $1,524 | $2,172 |
| Bitely | $64 | $147 | $290 | $538 | $862 |
| Brohman | $75 | $165 | $300 | $506 | $812 |
| Fremont | $328 | $559 | $972 | $1,739 | $2,733 |
| Grant | $271 | $427 | $676 | $1,077 | $1,670 |
| Hesperia | $71 | $180 | $375 | $680 | $1,080 |
| Holton | $293 | $430 | $635 | $982 | $1,315 |
| Howard City | $130 | $328 | $606 | $881 | $1,206 |
| Kent City | $297 | $441 | $623 | $918 | $1,232 |
| Morley | $270 | $332 | $450 | $624 | $833 |
| Newaygo | $254 | $553 | $1,025 | $1,804 | $2,898 |
| Paris | $186 | $311 | $493 | $781 | $1,091 |
| Pierson | $205 | $228 | $335 | $538 | $793 |
| Ravenna | $506 | $508 | $511 | $514 | $516 |
| Reed City | $218 | $323 | $464 | $788 | $1,136 |
| Sand Lake | $237 | $430 | $705 | $1,080 | $1,517 |
| Stanwood | $190 | $324 | $463 | $569 | $693 |
| Twin Lake | $357 | $479 | $618 | $956 | $1,398 |
| Walkerville | $129 | $202 | $368 | $600 | $926 |
| White Cloud | $138 | $252 | $458 | $762 | $1,198 |
Source: Ownwell