Moline, Michigan Property Taxes
The median property tax rate in Moline, MI is 0.89%, slightly below the national median of 0.99% and the Michigan state median of 1.07%. With a median home value of $208,600 in Moline, the typical annual property tax bill is $1,942, which is less than the national median of $2,690. Property taxes in Moline are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Moline'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 Moline or another part of Allegan County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Moline, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.89%
Estimate Property Tax Bill
$1,857
$1,723
Ownwell’s Moline Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Moline with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Moline 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 Moline, Michigan
Property taxes in Moline, Michigan, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Moline is 0.89%, which is lower than both the Michigan state median and the U.S. national median of 0.99%. Local government entities within Moline set these rates annually, and they can vary significantly across different neighborhoods. Each year, Moline 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 Moline's effective property tax rate to other counties in Michigan and the national median. For comparison, the 49335 zip code has the highest median property tax rate of 0.89%, while the same zip code also has the lowest median tax rate of 0.89%. Understanding how these cities compare with Moline provides valuable insights into the varying tax landscape across Allegan County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Moline Tax Rate
0.89%
Average Allegan County Tax Rate
1.09%
Average Michigan Tax Rate
1.07%
Average United States Tax Rate
0.99%
Property Tax Rates Across Moline, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49335 | 0.69% | 0.80% | 0.89% | 1.13% | 1.36% |
Source: Ownwell
Property Tax Assessment Values Across Moline, Michigan
In Moline, 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 Allegan 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 Moline, 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. The median home price in Moline is $208,600, with annual tax bills ranging from $1,679 at the 25th percentile to $3,134 at the 90th percentile. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Moline Assessed Value
$208,600
Average Allegan County Assessed Value
$229,000
Average Michigan Assessed Value
$177,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Moline, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49335 | $129,600 | $177,100 | $208,600 | $260,800 | $270,000 |
Source: Ownwell
Property Tax Bills Across Moline, Michigan
In Moline, MI, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is a percentage of the market value, reflecting the property's worth in the current real estate market. For example, with a median home price of $208,600, homeowners can expect their property tax bill to vary. The tax bill is influenced by several factors, including the local tax rate and any applicable exemptions. In Moline, the tax rates can lead to significant variations in annual tax bills. Homeowners in the 25th percentile pay around $1,679, while those in the 75th percentile see bills closer to $2,266. At the higher end, the 90th percentile tax bill reaches approximately $3,134. These property taxes impact homeowners by contributing to local services such as schools, infrastructure, and emergency services. Comparing these figures to the national median property tax rate of 0.99%, Moline's tax rates can be seen as relatively moderate, affecting how much residents ultimately pay each year.
Average Moline Tax Bill
$1,942
Average Allegan County Tax Bill
$2,370
Average Michigan Tax Bill
$1,795
Average United States Tax Bill
$2,690
Property Tax Bills Across Moline, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49335 | $1,173 | $1,679 | $1,942 | $2,266 | $3,134 |
Source: Ownwell