Clifford, Michigan Property Taxes
The median property tax rate in Clifford, MI is 0.24%, significantly lower than both the national median of 0.99% and Michigan's state median of 1.07%. With the median home value in Clifford at $183,600, the typical annual property tax bill is $469, well below the national median of $2,690. Property taxes in Clifford 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 Clifford'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 Clifford or another part of Tuscola County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Clifford, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.24%
Estimate Property Tax Bill
$441
Ownwell’s Clifford Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Clifford with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Clifford 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 Clifford, Michigan
Property taxes in Clifford, Michigan, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Clifford is 1.39%, significantly higher than both the Michigan state median of 1.54% and the U.S. national median of 0.99%. Local government entities within Clifford set these rates annually, and they can vary significantly across different neighborhoods. Each year, Clifford 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 Clifford's effective property tax rate to other counties in Michigan and the national median. For comparison, the 48453 zip code has the highest median property tax rate of 2.18%, while the 48760 zip code has the lowest median tax rate of 1.13%. Understanding how these cities compare with Clifford provides valuable insights into the varying tax landscape across Tuscola County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Clifford Tax Rate
0.24%
Average Tuscola County Tax Rate
0.36%
Average Michigan Tax Rate
1.07%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clifford, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48727 | 0.21% | 0.22% | 0.24% | 0.40% | 0.48% |
Source: Ownwell
Property Tax Assessment Values Across Clifford, Michigan
In Clifford, 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 Tuscola 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 Clifford, 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 Clifford helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 48727, with a median bill of $469, while the lowest is also 48727, with the same median bill of $469.
Average Clifford Assessed Value
$183,600
Average Tuscola County Assessed Value
$128,800
Average Michigan Assessed Value
$177,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Clifford, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48727 | $81,560 | $134,200 | $183,600 | $243,200 | $307,880 |
Source: Ownwell
Property Tax Bills Across Clifford, Michigan
In Clifford, located in Tuscola County, MI, property tax bills are calculated based on the assessed value of a home, which is typically 50% of its market value. For a median home price of $183,600, the assessed value would be around $91,800. The property tax rate in Clifford is determined by local government budgets and voter-approved measures, and it directly influences the final tax bill homeowners receive. Factors such as local school district funding, public services, and infrastructure projects all play a role in determining the tax rate. In Clifford, the median property tax bill is around $469, which is below the national median property tax rate of 0.99%. For homeowners, this means that while their tax bills are relatively modest, they still contribute significantly to essential community services. The tax bills can range from $339 at the 25th percentile to $1,075 at the 90th percentile, reflecting variations in home values and specific levies in different parts of the city.
Average Clifford Tax Bill
$469
Average Tuscola County Tax Bill
$531
Average Michigan Tax Bill
$1,795
Average United States Tax Bill
$2,690
Property Tax Bills Across Clifford, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48727 | $240 | $339 | $469 | $700 | $1,075 |
Source: Ownwell