Rogers City, Michigan Property Taxes
The median property tax rate in Rogers City, MI, is 0.92%, which is lower than both the national median of 0.99% and the Michigan state median of 1.07%. With a median home value of $96,800 in Rogers City, the typical annual property tax bill amounts to $836, significantly below the national median of $2,690. Property taxes in Rogers City are determined based on the tax assessed value, which is often lower than the market value due to various exemptions, such as primary residence and agricultural exemptions. By understanding Rogers City's property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners and real estate investors can achieve substantial annual savings. Whether you're in the heart of Rogers City or another part of Presque Isle County, having a grasp of the local property tax system is essential for maximizing financial benefits.
Last Updated June 14, 2024
Rogers City, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.92%
Estimate Property Tax Bill
$891
Ownwell’s Rogers City Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Rogers City with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Rogers City to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Rogers City, Michigan
Property taxes in Rogers City, Michigan, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Rogers City is 0.92%, slightly below the U.S. national median of 0.99%. Local government entities within Rogers City set these rates annually, and they can vary significantly across different neighborhoods. Each year, Rogers City estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Rogers City's effective property tax rate to other counties in Michigan and the national median. For comparison, the 49779 zip code has both the highest and lowest median property tax rate of 0.92%. Understanding how these cities compare with Rogers City provides valuable insights into the varying tax landscape across Presque Isle County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Rogers City Tax Rate
0.92%
Average Presque Isle County Tax Rate
0.48%
Average Michigan Tax Rate
1.07%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rogers City, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49779 | 0.39% | 0.44% | 0.92% | 1.19% | 1.47% |
Source: Ownwell
Property Tax Assessment Values Across Rogers City, Michigan
In Rogers City, Michigan, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Presque Isle County Appraisal District for tax purposes. In contrast, the assessed value 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. In Rogers City, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Rogers City helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 49779 has both the highest and lowest median tax bill, standing at $836.
Average Rogers City Assessed Value
$96,800
Average Presque Isle County Assessed Value
$112,200
Average Michigan Assessed Value
$177,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Rogers City, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49779 | $51,600 | $69,800 | $96,800 | $141,450 | $220,800 |
Source: Ownwell
Property Tax Bills Across Rogers City, Michigan
In Rogers City, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The median home price in the area stands at $96,800. Property taxes are then derived by applying the local tax rate to this assessed value. For homeowners in Rogers City, the tax bill can vary significantly. At the 25th percentile, the tax bill is approximately $518, while at the 75th percentile, it rises to $1,167. The 90th percentile tax bill can reach up to $1,586. These tax bills impact homeowners by influencing their overall housing costs. Compared to the national median property tax rate of 0.99%, Rogers City's property tax rate provides a reference point for understanding local tax burdens. Homeowners must consider these taxes as part of their annual budget, affecting both affordability and long-term financial planning. The highest and lowest median tax bills in the area are both $836, indicating a relatively consistent tax landscape within the 49779 zip code in Presque Isle County.
Average Rogers City Tax Bill
$836
Average Presque Isle County Tax Bill
$633
Average Michigan Tax Bill
$1,795
Average United States Tax Bill
$2,690
Property Tax Bills Across Rogers City, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49779 | $292 | $518 | $836 | $1,167 | $1,586 |
Source: Ownwell