Hopkins, Allegan County, Michigan Property Taxes

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

Median Hopkins, MI effective property tax rate: 1.10%, significantly higher than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Hopkins, MI home value: $212,300
Median annual Hopkins, MI tax bill: $2,337, $63 lower than the national median property tax bill of $2,400.

How are property taxes in Allegan calculated?

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

Last Updated March 1, 2025

Hopkins, Allegan County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.1%

Estimate Property Tax Bill

$2,335

$2,167

Ownwell’s Hopkins Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Hopkins with just two data points. By entering your property's estimated assessed value, our calculator applies Hopkins’ 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 Hopkins, Allegan County, Michigan

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. In Hopkins, located in Allegan County, the effective property tax rate is 1.10%, which is higher than the national median of 1.02%. This rate is reflective of the county's budgetary needs and the total assessed value of properties. When compared to other cities in Michigan, Hopkins' rate is consistent with the state's median property tax rate of 1.10%. This consistency suggests a uniform approach to tax assessment within the area. Residents in Hopkins pay property taxes that are aligned with the state's median, although slightly above the national median. Understanding these rates can help property owners anticipate their annual tax bills and plan accordingly.

Property Tax Rates Across Hopkins, 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 Hopkins Tax Rate

1.10%

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 Hopkins, Allegan County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
49328	0.72%	0.90%	1.10%	1.34%	1.64%

Source: Ownwell

Property Tax Assessment Values Across Hopkins, Allegan County, Michigan

When examining property taxes in Hopkins, 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 appraisal district 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 May. 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 Hopkins. For example, the median home price in Hopkins is $212,300, with tax bills ranging significantly across the county. 49328 has the highest median home price at $212,300.

Property Tax Assessment Values Across Hopkins, Allegan County, Michigan

Source: Ownwell

$95,600

$381,600

$667,600

Median Hopkins Market Value

$212,300

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 Hopkins, Allegan County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
49328	$91,300	$148,150	$212,300	$290,700	$395,000

Source: Ownwell

Property Tax Bills Across Hopkins, Allegan County, Michigan

In Hopkins, Allegan County, MI, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. This assessed value is then multiplied by the local tax rate to calculate the annual property tax bill. For homeowners in Hopkins, the property tax bill can vary significantly, with the 25th percentile at $1,571 and the 75th percentile reaching $3,246. The highest median tax bill in the area is $2,337, which is slightly below the national median of $2,400. These taxes can have a significant impact on homeowners, affecting their monthly budgets and long-term financial planning.

Ownwell can assist homeowners in reducing their property tax bills by providing expert property tax appeal and exemption services. By analyzing the assessed value of a property and comparing it to similar properties, Ownwell can identify discrepancies and help homeowners file successful appeals. This process can lead to significant savings, easing the financial burden on homeowners and ensuring they pay only their fair share in taxes.

Property Tax Bills Across Hopkins, Allegan County, Michigan

Source: Ownwell

$921

$5,509

$10,097

Median Hopkins Tax Bill

$2,337

Median Allegan County Tax Bill

$2,370

Median Michigan Tax Bill

$1,795

Median United States Tax Bill

$2,400

Property Tax Bills Across Hopkins, Allegan County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
49328	$956	$1,571	$2,337	$3,246	$4,359

Source: Ownwell