Sawyer, Michigan Property Taxes
The median property tax rate in Sawyer, MI is 0.71%, which is lower than both the national median of 0.99% and the Michigan state median of 1.07%. With the median home value in Sawyer being $260,200, the typical annual property tax bill amounts to $2,003, which is below the national median of $2,690. Property taxes in Sawyer are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Sawyer'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 Sawyer or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Sawyer, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.71%
Estimate Property Tax Bill
$1,847
$1,714
Ownwell’s Sawyer Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Sawyer with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Sawyer to estimate your property tax bill, providing a clear picture of potential tax liabilities. For those interested in neighborhood-level trends, more localized information is available below. Your property’s assessed value, determined by Berrien County, is used for property tax calculations and accounts for any applicable exemptions.
Property Tax Rates Across Sawyer, Michigan
Property taxes in Sawyer, Michigan, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sawyer is 0.71%, which is lower than both the Michigan state median and the U.S. national median of 0.99%. Local government entities within Sawyer set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sawyer 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 Sawyer's effective property tax rate to other counties in Michigan and the national median. For comparison, the 49125 zip code has the highest median property tax rate of 0.71%, while the same zip code also has the lowest median tax rate of 0.71%. Understanding how these cities compare with Sawyer provides valuable insights into the varying tax landscape across Berrien County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Sawyer Tax Rate
0.71%
Average Berrien County Tax Rate
0.85%
Average Michigan Tax Rate
1.07%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sawyer, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49125 | 0.33% | 0.44% | 0.71% | 1.37% | 1.54% |
Source: Ownwell
Property Tax Assessment Values Across Sawyer, Michigan
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Sawyer, Michigan. 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 local 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 Sawyer, 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. The median home price in Sawyer is $260,200, with tax bills ranging widely: from $1,002 at the 25th percentile to $8,176 at the 90th percentile. The highest and lowest median tax bills are both $2,003, found in zip code 49125. By understanding these valuation concepts, property owners can better navigate their tax responsibilities, identify opportunities for protesting assessments, or apply for exemptions to effectively manage their tax burden.
Average Sawyer Assessed Value
$260,200
Average Berrien County Assessed Value
$183,200
Average Michigan Assessed Value
$177,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sawyer, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49125 | $80,680 | $150,650 | $260,200 | $489,100 | $956,060 |
Source: Ownwell
Property Tax Bills Across Sawyer, Michigan
In Sawyer, MI, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. For instance, with a median home price of $260,200, the tax bill can vary significantly. Various factors influence the final tax bill, including the home's assessed value, local tax rates, and applicable exemptions. Homeowners in Sawyer face a range of tax bills; the 25th percentile tax bill is around $1,002, while the 75th percentile tax bill climbs to approximately $4,585. For those at the higher end, the 90th percentile tax bill can reach up to $8,176. The highest and lowest median tax bills in the area are both $2,003, specific to the zip code 49125. These property taxes are crucial for funding local services such as schools, public safety, and infrastructure. As a result, homeowners must carefully consider these costs when budgeting for homeownership in Sawyer, MI, especially when compared to the national median property tax rate of 0.99%.
Average Sawyer Tax Bill
$2,003
Average Berrien County Tax Bill
$1,463
Average Michigan Tax Bill
$1,795
Average United States Tax Bill
$2,690
Property Tax Bills Across Sawyer, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49125 | $523 | $1,002 | $2,003 | $4,585 | $8,176 |
Source: Ownwell