Sturgis, Michigan Property Taxes
The median property tax rate in Sturgis, MI is 0.53%, considerably lower than both the national median of 0.99% and the Michigan state median of 1.07%. With the median home value in Sturgis, the typical annual property tax bill reaches $1,163, well below the national median of $2,690. Property taxes in Sturgis are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Sturgis's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Sturgis or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Sturgis, Michigan Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.07%
Estimate Property Tax Bill
$2,140
Ownwell’s Sturgis Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Sturgis with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Sturgis 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 Sturgis, Michigan
Property taxes in Sturgis, Michigan, are essential in funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Sturgis is 0.53%, which is lower than both the Michigan state median and the U.S. national median of 0.99%. Local government entities within Sturgis set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sturgis 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 Sturgis's effective property tax rate to other areas in Michigan and the national median. For comparison, the 49091 zip code has both the highest and lowest median property tax rate of 0.53%. Understanding how these cities compare with Sturgis provides valuable insights into the varying tax landscape across St. Joseph County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Sturgis Tax Rate
0.53%
Average St. Joseph County Tax Rate
0.41%
Average Michigan Tax Rate
1.07%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sturgis, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49091 | 0.31% | 0.37% | 0.53% | 1.33% | 1.73% |
Source: Ownwell
Property Tax Assessment Values Across Sturgis, Michigan
In Sturgis, 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 St. Joseph 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 Sturgis, 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 Sturgis helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Sturgis is $145,000, with the highest and lowest median tax bills both recorded at $1,163 in zip code 49091.
Average Sturgis Assessed Value
$145,000
Average St. Joseph County Assessed Value
$142,400
Average Michigan Assessed Value
$177,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sturgis, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49091 | $71,400 | $99,600 | $145,000 | $232,350 | $374,860 |
Source: Ownwell
Property Tax Bills Across Sturgis, Michigan
In Sturgis, MI, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. The assessed value typically reflects a percentage of the home's market value. For instance, with a median home price of $145,000, the tax bill can vary significantly. Homeowners in the 25th percentile might see a tax bill around $641, while those in the 75th percentile could face a bill closer to $1,785. For the top 10% of homeowners, the tax bill can reach up to $2,548. Several factors influence the final tax bill, including the property's location within St. Joseph County, local tax rates, and any applicable exemptions. These tax bills directly impact homeowners by contributing to local services such as schools, infrastructure, and emergency services. Compared to the national median property tax rate of 0.99%, the property tax rates in Sturgis can vary, affecting the overall financial planning for homeowners in this region.
Average Sturgis Tax Bill
$1,163
Average St. Joseph County Tax Bill
$772
Average Michigan Tax Bill
$1,795
Average United States Tax Bill
$2,690
Property Tax Bills Across Sturgis, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49091 | $374 | $641 | $1,163 | $1,785 | $2,548 |
Source: Ownwell