Saint Helen, Michigan Property Taxes
The median property tax rate in Saint Helen, MI is 0.32%, significantly lower than both the national median of 0.99% and the Michigan state median of 1.07%. With the median home value in Saint Helen at $75,600, the typical annual property tax bill is $252, well below the national median of $2,690. Property taxes in Saint Helen are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Saint Helen'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 Saint Helen 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
Saint Helen, 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 Saint Helen Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Saint Helen with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saint Helen 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 Saint Helen, Michigan
Property taxes in Saint Helen, Michigan, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Saint Helen is 0.32%, significantly lower than both the Michigan state median and the U.S. national median of 0.99%. Local government entities within Saint Helen set these rates annually, resulting in variations across different neighborhoods. Each year, Saint Helen estimates its required budget to maintain services for the upcoming fiscal year. This budget is then divided 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 Saint Helen's effective property tax rate to other counties in Michigan and the national median. For comparison, the highest median property tax rate in Michigan is notably higher, while some areas have rates that are significantly lower. Understanding how these cities compare with Saint Helen provides valuable insights into the varying tax landscape across Roscommon County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Saint Helen Tax Rate
0.32%
Average Roscommon County Tax Rate
0.50%
Average Michigan Tax Rate
1.07%
Average United States Tax Rate
0.99%
Property Tax Rates Across Saint Helen, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48656 | 0.27% | 0.29% | 0.32% | 0.38% | 0.48% |
Source: Ownwell
Property Tax Assessment Values Across Saint Helen, Michigan
In Saint Helen, 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 Roscommon 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. 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 Saint Helen helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Saint Helen's median home price is $75,600, with tax bills ranging from $169 at the 25th percentile to $771 at the 90th percentile. The highest and lowest median tax bill in the area is $252, both in the 48656 zip code.
Average Saint Helen Assessed Value
$75,600
Average Roscommon County Assessed Value
$114,800
Average Michigan Assessed Value
$177,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Saint Helen, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48656 | $31,400 | $50,150 | $75,600 | $119,000 | $198,800 |
Source: Ownwell
Property Tax Bills Across Saint Helen, Michigan
In Saint Helen, located in Roscommon County, MI, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value. For homeowners in Saint Helen, the median home price is $75,600. The property tax rate in this area significantly influences the overall tax bill. Factors such as the home's location, size, and condition, as well as local government budgets and school district funding needs, play crucial roles in determining the assessed value. For instance, the 25th percentile tax bill in Saint Helen is $169, while the 75th percentile is $429, and the 90th percentile reaches $771. This variation shows how different factors can affect the final tax amount. Compared to the national median property tax rate of 0.99%, Saint Helen's property taxes can be considered relatively moderate. These tax bills directly impact homeowners by influencing their annual housing costs and potentially affecting their financial planning and budgeting.
Average Saint Helen Tax Bill
$252
Average Roscommon County Tax Bill
$649
Average Michigan Tax Bill
$1,795
Average United States Tax Bill
$2,690
Property Tax Bills Across Saint Helen, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48656 | $110 | $169 | $252 | $429 | $771 |
Source: Ownwell