Brownstown, Michigan Property Taxes
The median property tax rate in Brownstown, MI is 0.95%, slightly below the national median of 0.99% and the Michigan state median of 1.07%. With the median home value in Brownstown at $197,200, the typical annual property tax bill reaches $1,928, which is lower than the national median of $2,690. Property taxes in Brownstown are determined based on the tax assessed value, which is often less than the market value due to exemptions like those for primary residences and agricultural properties. Navigating Brownstown'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 Brownstown or another part of Wayne County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Brownstown, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.95%
Estimate Property Tax Bill
$1,873
Ownwell’s Brownstown Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Brownstown with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Brownstown 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 Brownstown, Michigan
Property taxes in Brownstown, Michigan, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Brownstown is 1.88%, significantly higher than the Michigan state median of 1.54% and the U.S. national median of 0.99%. Local government entities within Brownstown set these rates annually, and they can vary significantly across different neighborhoods. Each year, Brownstown 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 Brownstown's effective property tax rate to other counties in Michigan and the national median. For comparison, the 48174 zip code has the highest median property tax rate of 2.21%, while the 48193 zip code has the lowest median tax rate of 0.94%. Understanding how these cities compare with Brownstown provides valuable insights into the varying tax landscape across Wayne County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Brownstown Tax Rate
0.95%
Average Wayne County Tax Rate
1.44%
Average Michigan Tax Rate
1.07%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brownstown, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48134 | 1.75% | 1.75% | 1.75% | 1.75% | 1.75% |
| 48174 | 1.44% | 1.73% | 2.21% | 2.69% | 2.98% |
| 48183 | 1.39% | 1.47% | 1.61% | 1.75% | 1.83% |
| 48193 | 0.67% | 0.82% | 0.94% | 1.19% | 1.26% |
Source: Ownwell
Property Tax Assessment Values Across Brownstown, Michigan
In Brownstown, 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 Wayne 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 Brownstown, 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. The median home price in Brownstown is $197,200, with the 25th percentile tax bill at $1,530 and the 75th percentile tax bill at $2,653. The highest median tax bill is $3,105 in zip code 48174, while the lowest median tax bill is $1,923 in zip code 48193. 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 Brownstown helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Brownstown Assessed Value
$197,200
Average Wayne County Assessed Value
$126,800
Average Michigan Assessed Value
$177,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Brownstown, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48134 | $119,600 | $119,600 | $119,600 | $119,600 | $119,600 |
| 48174 | $50,460 | $124,050 | $246,700 | $369,350 | $442,940 |
| 48183 | $113,340 | $118,650 | $127,500 | $136,350 | $141,660 |
| 48193 | $148,800 | $166,900 | $197,300 | $245,650 | $316,180 |
Source: Ownwell
Property Tax Bills Across Brownstown, Michigan
Property tax bills in Brownstown, Wayne County, MI, are calculated based on the assessed value of a property, which is a percentage of its market value. The local tax rate, applied to this assessed value, determines the annual tax bill. For instance, with a median home price of $197,200, homeowners can expect varying tax bills depending on their specific property assessments and applicable exemptions. In Brownstown, the tax bill at the 25th percentile is approximately $1,530, while at the 75th percentile, it rises to around $2,653, and at the 90th percentile, it can reach up to $3,883. The highest median tax bill in the area is $3,105, found in the 48174 zip code, whereas the lowest is $1,923 in the 48193 zip code. These figures indicate that property taxes can significantly impact homeowners, influencing their overall housing costs and financial planning. Compared to the national median property tax rate of 0.99%, Brownstown's property tax rates reflect the local economic conditions and property values.
Average Brownstown Tax Bill
$1,928
Average Wayne County Tax Bill
$1,625
Average Michigan Tax Bill
$1,795
Average United States Tax Bill
$2,690
Property Tax Bills Across Brownstown, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48134 | $2,088 | $2,088 | $2,088 | $2,088 | $2,088 |
| 48174 | $656 | $1,575 | $3,105 | $4,635 | $5,553 |
| 48183 | $1,955 | $1,974 | $2,006 | $2,038 | $2,057 |
| 48193 | $1,064 | $1,530 | $1,923 | $2,654 | $3,881 |
Source: Ownwell