Port Huron, Michigan Property Taxes
The median property tax rate in Port Huron, MI is 1.30%, considerably higher than both the national median of 0.99% and the Michigan state median of 1.07%. With the median home value in Port Huron, the typical annual property tax bill reaches $1,542, exceeding the national median of $2,690. Property taxes in Port Huron 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 Port Huron'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 Port Huron 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
Port Huron, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.3%
Estimate Property Tax Bill
$1,591
Ownwell’s PORT HURON Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in PORT HURON with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in PORT HURON 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 Port Huron, Michigan
Property taxes in Port Huron, Michigan, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Port Huron is 1.30%, significantly higher than both the Michigan state median and the U.S. national median of 0.99%. Local government entities within Port Huron set these rates annually, and they can vary significantly across different neighborhoods. Each year, Port Huron 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 Port Huron's effective property tax rate to other counties in Michigan and the national median. For comparison, the 48060 zip code has the highest median property tax rate of 1.30%, while the same zip code also has the lowest median tax rate of 1.30%. Understanding how these cities compare with Port Huron provides valuable insights into the varying tax landscape across St. Clair County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Port Huron Tax Rate
1.30%
Average St. Clair County Tax Rate
0.78%
Average Michigan Tax Rate
1.07%
Average United States Tax Rate
0.99%
Property Tax Rates Across Port Huron, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48060 | 0.63% | 1.05% | 1.30% | 1.72% | 2.01% |
Source: Ownwell
Property Tax Assessment Values Across Port Huron, Michigan
In Port Huron, 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. Clair 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 Port Huron, 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 Port Huron helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Port Huron is $122,400, with tax bills ranging from $1,126 at the 25th percentile to $3,222 at the 90th percentile. The zip code 48060 has the highest and lowest median tax bill, both at $1,542.
Average Port Huron Assessed Value
$122,400
Average St. Clair County Assessed Value
$181,600
Average Michigan Assessed Value
$177,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Port Huron, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48060 | $70,000 | $90,600 | $122,400 | $172,400 | $247,480 |
Source: Ownwell
Property Tax Bills Across Port Huron, Michigan
In Port Huron, located in St. Clair County, MI, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. For instance, with a median home price of $122,400, the tax bill can vary significantly. Homeowners in the 25th percentile see tax bills around $1,126, while those in the 75th percentile face bills closer to $2,207. At the 90th percentile, tax bills can reach as high as $3,222. Several factors influence these calculations, including the property's location, any applicable exemptions, and the local tax rate. In Port Huron, the highest and lowest median tax bills both stand at $1,542, reflecting the uniformity within the 48060 zip code. Comparatively, the national median property tax rate is 0.99%, making Port Huron's rates relatively moderate. This variability in tax bills can significantly impact homeowners, affecting their annual financial planning and long-term investment in their property.
Average Port Huron Tax Bill
$1,542
Average St. Clair County Tax Bill
$1,504
Average Michigan Tax Bill
$1,795
Average United States Tax Bill
$2,690
Property Tax Bills Across Port Huron, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48060 | $869 | $1,126 | $1,542 | $2,207 | $3,222 |
Source: Ownwell