Arenac County, Michigan Property Taxes
The median property tax rate in Arenac County is 1.29%, which is significantly higher than both the national median of 0.99% and the Michigan state median of 1.07%. With the median home value in Arenac County, the typical annual property tax bill reaches $1,273, which is below the national median of $2,690. Property taxes in Arenac County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Arenac County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Standish or another part of Arenac County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Arenac County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.29%
Estimate Property Tax Bill
$1,290
$1,197
Ownwell’s Arenac County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Arenac County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Arenac County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Arenac County, Michigan
Property taxes in Arenac County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Arenac County is 1.29%, which is higher than the U.S. national median of 0.99%. Local government entities within Arenac County set these rates annually, and they can vary significantly between different areas within the county. Each year, Arenac County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Millington has one of the higher property tax rates in Michigan at 2.15%, while the city of Whittemore boasts one of the lowest at 0.69%. Analyzing how Arenac County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Arenac County Tax Rate
1.29%
Average Michigan Tax Rate
1.07%
Average United States Tax Rate
0.99%
Property Tax Rates Across Arenac County, Michigan
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alger | 0.89% | 1.03% | 1.31% | 1.69% | 2.10% |
| Au Gres | 0.94% | 1.13% | 1.41% | 1.74% | 2.04% |
| Bentley | N/A | N/A | N/A | N/A | N/A |
| Macomb | N/A | N/A | N/A | N/A | N/A |
| Millington | N/A | N/A | N/A | N/A | N/A |
| Omer | 0.92% | 1.05% | 1.37% | 1.74% | 2.26% |
| Pinconning | 0.86% | 1.14% | 1.27% | 1.53% | 1.93% |
| Prescott | N/A | N/A | N/A | N/A | N/A |
| Standish | 0.91% | 1.11% | 1.37% | 1.81% | 2.24% |
| Sterling | 0.82% | 0.91% | 1.13% | 1.45% | 1.89% |
| Tawas City | 0.82% | 0.91% | 1.34% | 1.59% | 1.71% |
| Turner | 0.43% | 0.60% | 0.75% | 0.84% | 1.17% |
| Twining | 0.59% | 0.77% | 0.91% | 1.27% | 1.63% |
| Whittemore | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Arenac County, Michigan
In Arenac County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Arenac County Appraisal District. The assessed value, however, 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. Assessment notices in Arenac County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Homeowners in Bentley face the highest median tax bill at $3,502, while those in Millington enjoy the lowest at $473. Being aware of these valuation processes in Arenac County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Arenac County Assessed Value
$100,000
Average Michigan Assessed Value
$177,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Arenac County, Michigan
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alger | $19,940 | $42,200 | $97,000 | $134,600 | $187,260 |
| Au Gres | $27,660 | $66,400 | $117,700 | $213,450 | $338,000 |
| Bentley | N/A | N/A | N/A | N/A | N/A |
| Macomb | N/A | N/A | N/A | N/A | N/A |
| Millington | N/A | N/A | N/A | N/A | N/A |
| Omer | $27,360 | $52,800 | $90,200 | $146,200 | $211,440 |
| Pinconning | $34,800 | $69,750 | $99,600 | $148,600 | $240,280 |
| Prescott | N/A | N/A | N/A | N/A | N/A |
| Standish | $25,400 | $55,700 | $87,200 | $130,600 | $194,720 |
| Sterling | $28,000 | $55,700 | $93,000 | $156,800 | $227,680 |
| Tawas City | $38,600 | $81,300 | $206,900 | $335,100 | $491,100 |
| Turner | $40,800 | $72,300 | $109,600 | $155,500 | $210,480 |
| Twining | $31,580 | $58,250 | $96,900 | $145,650 | $210,380 |
| Whittemore | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Arenac County, Michigan
In Arenac County, MI, property tax bills are calculated based on the assessed value of a property, which is determined by the local assessor. The assessed value is typically a percentage of the property's market value. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property size, location, and market conditions play a significant role in determining the assessed value. Homeowners in Arenac County experience a range of property tax bills. For instance, the 25th percentile tax bill is $766, while the 75th percentile reaches $1979. At the higher end, the 90th percentile tax bill is $3336. These figures illustrate the variability in tax burdens across different properties. The highest median tax bill in the county is $3502 in Bentley, whereas Millington has the lowest at $473. With the national median property tax rate at 0.99%, homeowners in Arenac County may find their tax obligations vary significantly based on their property's assessed value and location.
Average Arenac County Tax Bill
$1,273
Average Michigan Tax Bill
$1,795
Average United States Tax Bill
$2,690
Property Tax Bills Across Arenac County, Michigan
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alger | $291 | $669 | $1,177 | $1,697 | $2,343 |
| Au Gres | $429 | $904 | $1,558 | $2,859 | $4,815 |
| Bentley | N/A | N/A | N/A | N/A | N/A |
| Macomb | N/A | N/A | N/A | N/A | N/A |
| Millington | N/A | N/A | N/A | N/A | N/A |
| Omer | $469 | $795 | $1,237 | $1,725 | $2,456 |
| Pinconning | $525 | $912 | $1,313 | $1,914 | $2,505 |
| Prescott | N/A | N/A | N/A | N/A | N/A |
| Standish | $516 | $844 | $1,249 | $1,761 | $2,416 |
| Sterling | $390 | $668 | $1,031 | $1,641 | $2,372 |
| Tawas City | $531 | $980 | $2,378 | $4,433 | $6,154 |
| Turner | $253 | $487 | $808 | $1,293 | $1,886 |
| Twining | $277 | $526 | $896 | $1,387 | $2,039 |
| Whittemore | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell