Alpena County Property Taxes
The median property tax rate in Alpena County is 0.46%, 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 Alpena County at $107,600, the typical annual property tax bill reaches $661, far below the national median of $2,690. Property taxes in Alpena 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 Alpena 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 Alpena or another part of Alpena County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Alpena County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.46%
Estimate Property Tax Bill
$495
Ownwell’s Alpena Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Alpena with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Alpena to estimate your property tax bill. This insight 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 Alpena County, Michigan
Property taxes in Alpena County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Alpena County is 0.46%, which is lower than the U.S. national median of 0.99%. Local government entities within Alpena County set these rates annually, and they can vary significantly between different areas within the county. Each year, Alpena 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. The following data compares Alpena County's effective property tax rate with other regions and the national median. For comparison, the city of Hillman has one of the higher property tax rates in the region at 0.55%, while the city of Hubbard Lake boasts one of the lowest at 0.41%. Analyzing how Alpena County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Alpena County Tax Rate
0.46%
Average Michigan Tax Rate
1.07%
Average United States Tax Rate
0.99%
Property Tax Rates Across Alpena County, Michigan
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Alpena | 0.36% | 0.42% | 0.51% | 1.28% | 1.58% |
Herron | 0.30% | 0.36% | 0.41% | 0.46% | 0.48% |
Hillman | 0.36% | 0.40% | 0.55% | 1.08% | 1.26% |
Hubbard Lake | 0.27% | 0.36% | 0.41% | 0.46% | 0.52% |
Lachine | 0.27% | 0.33% | 0.38% | 0.45% | 0.52% |
Ossineke | 0.35% | 0.38% | 0.42% | 0.47% | 0.51% |
Posen | 0.26% | 0.32% | 0.38% | 0.46% | 0.50% |
Spruce | 0.32% | 0.38% | 0.42% | 0.45% | 0.49% |
Source: Ownwell
Property Tax Assessment Values Across Alpena County, Michigan
In Alpena 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 Alpena County 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 Alpena 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. Alpena has the highest median tax bill in the county at $778, while Hubbard Lake has the lowest at $381. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Alpena County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Alpena County Assessed Value
$107,600
Average Michigan Assessed Value
$177,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Alpena County, Michigan
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Alpena | $40,800 | $72,200 | $104,600 | $156,800 | $237,800 |
Herron | $55,600 | $83,500 | $123,400 | $179,400 | $234,000 |
Hillman | $37,400 | $68,550 | $111,800 | $170,100 | $230,300 |
Hubbard Lake | $17,000 | $50,200 | $91,800 | $148,400 | $216,240 |
Lachine | $36,180 | $71,800 | $119,700 | $179,750 | $246,220 |
Ossineke | $50,200 | $79,900 | $123,200 | $187,800 | $290,000 |
Posen | $60,800 | $81,600 | $117,800 | $169,700 | $274,800 |
Spruce | $28,900 | $62,700 | $113,900 | $172,100 | $222,540 |
Source: Ownwell
Property Tax Bills Across Alpena County, Michigan
In Alpena County, MI, property tax bills are determined based on the assessed value of a home, which is typically a percentage of its market value. The local tax rate is then applied to this assessed value to calculate the annual tax bill. Various factors influence the tax bill, including the property's location, size, and condition. For instance, Alpena city has the highest median tax bill at $778, while Hubbard Lake has the lowest at $381. The tax bill can vary significantly, with the 25th percentile at $368 and the 75th percentile at $1148, indicating a broad range of property values and corresponding tax obligations. Homeowners in Alpena County may find that their tax bills are influenced by local government budgets, school funding needs, and public services, among other factors. Compared to the national median property tax rate of 0.99%, Alpena County offers a varied landscape of tax bills, impacting homeowners differently based on their specific property characteristics.
Average Alpena County Tax Bill
$661
Average Michigan Tax Bill
$1,795
Average United States Tax Bill
$2,690
Property Tax Bills Across Alpena County, Michigan
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Alpena | $181 | $418 | $778 | $1,304 | $1,938 |
Herron | $202 | $337 | $492 | $729 | $1,004 |
Hillman | $283 | $383 | $671 | $1,088 | $1,703 |
Hubbard Lake | $53 | $177 | $381 | $618 | $942 |
Lachine | $137 | $275 | $477 | $707 | $1,010 |
Ossineke | $204 | $342 | $518 | $802 | $1,299 |
Posen | $204 | $296 | $430 | $719 | $1,002 |
Spruce | $99 | $269 | $463 | $725 | $921 |
Source: Ownwell