Holland, Allegan County, Michigan Property Taxes

Name: Property Tax Bills Across Holland, Allegan County, Michigan
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Holland, MI effective property tax rate: 0.99%, slightly lower than the national median of 1.02%, but also lower than the Michigan state median of 1.07%.
Median Holland, MI home value: $274,400
Median annual Holland, MI tax bill: $3,189, $789 higher than the national median property tax bill of $2,400.

How are property taxes in Allegan calculated?

Property taxes in Holland, MI are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Holland’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Holland, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Holland, Allegan County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.99%

Estimate Property Tax Bill

$2,717

$2,521

Ownwell’s Holland Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Holland with just two data points. By entering your property's estimated assessed value, our calculator applies Holland’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Allegan County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Holland, Allegan County, Michigan

Local government entities determine property tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates its required budget for public services and divides that by the total value of all taxable property within its jurisdiction. This process results in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially how it works each year.

In Holland, located in Allegan County, the effective property tax rate is 0.99%. This rate is in line with the highest and lowest median tax rates in the area, both recorded at 0.99% in the 49423 zip code. When compared to the national median property tax rate of 1.02%, Holland’s rate is slightly lower, offering a minor advantage to property owners in terms of tax savings. Additionally, the national median property tax bill stands at $2,400, providing a benchmark for comparison. Understanding these figures can help property owners in Holland make informed decisions about their property taxes and potential savings.

Property Tax Rates Across Holland, Allegan County, Michigan

Source: Ownwell

0.84%

1.24%

1.63%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Holland Tax Rate

0.99%

Median Effective Allegan County Tax Rate

1.09%

Median Effective Michigan Tax Rate

1.07%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Holland, Allegan County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
49423	0.70%	0.83%	0.99%	1.17%	1.47%
49424	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Holland, Allegan County, Michigan

When examining property taxes in Holland, MI, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Allegan County Equalization Department estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Allegan County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Holland.

For example, the median home price in Holland is $274,400, with tax bills ranging significantly across the county. Zip code 49423 has the highest median home price at $274,400.

Property Tax Assessment Values Across Holland, Allegan County, Michigan

Source: Ownwell

$95,600

$381,600

$667,600

Median Holland Market Value

$274,400

Median Allegan County Market Value

$229,000

Median Michigan Market Value

$177,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across Holland, Allegan County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
49423	$145,140	$202,950	$274,400	$393,800	$576,200
49424	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Holland, Allegan County, Michigan

In Holland, located in Allegan County, Michigan, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. With a median home price of $274,400, homeowners in this area face varying tax bills. For instance, the 25th percentile tax bill is $2,219, while the 75th percentile reaches $5,125, and the 90th percentile goes up to $8,417. These figures indicate that property tax bills in Holland can vary significantly, impacting homeowners differently based on their property's assessed value. The median property tax bill in the region, $3,189, is above the national median of $2,400, which can pose a financial burden on homeowners. Ownwell offers a solution by helping homeowners navigate the property tax appeal process, potentially lowering their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell aims to reduce the financial strain on homeowners, ensuring they pay a fair amount.

Property Tax Bills Across Holland, Allegan County, Michigan

Source: Ownwell

$921

$5,509

$10,097

Median Holland Tax Bill

$3,189

Median Allegan County Tax Bill

$2,370

Median Michigan Tax Bill

$1,795

Median United States Tax Bill

$2,400

Property Tax Bills Across Holland, Allegan County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
49423	$1,439	$2,219	$3,189	$5,121	$8,412
49424	N/A	N/A	N/A	N/A	N/A

Source: Ownwell