Union City, Michigan Property Taxes
The median property tax rate in Union City, MI is 0.32%, significantly lower than both the national median of 0.99% and the Michigan state median of 1.07%. With the median home value in Union City at $111,700, the typical annual property tax bill is $332, well below the national median of $2,690. Property taxes in Union City are calculated based on the tax assessed value, which is often less than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Union City's property tax system, exploring available exemptions, and identifying opportunities for reductions can result in substantial annual savings. Whether you're in the heart of Union City or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Union City, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.32%
Estimate Property Tax Bill
$357
$332
Ownwell’s Union City Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Union City with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Union City 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 Branch County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Union City, Michigan
Property taxes in Union City, Michigan, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Union City is 0.32%, significantly lower than both the Michigan state median and the U.S. national median of 0.99%. Local government entities within Union City set these rates annually, and they can vary significantly across different neighborhoods. Each year, Union City 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 Union City's effective property tax rate to other counties in Michigan and the national median. For comparison, the highest median property tax rate in Michigan is 1.71%, while the lowest median tax rate is 0.32%. Understanding how these cities compare with Union City provides valuable insights into the varying tax landscape across Branch County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Union City Tax Rate
0.32%
Average Branch County Tax Rate
0.40%
Average Michigan Tax Rate
1.07%
Average United States Tax Rate
0.99%
Property Tax Rates Across Union City, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49094 | 0.21% | 0.25% | 0.32% | 0.40% | 0.46% |
Source: Ownwell
Property Tax Assessment Values Across Union City, Michigan
In Union City, 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 Branch 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 Union City, 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. Union City’s median home price stands at $111,700, with property tax bills ranging significantly. The 25th percentile tax bill is around $200, while the 75th percentile reaches $534, and the 90th percentile hits $839. The zip code 49094 has the highest and lowest median tax bill at $332. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Union City Assessed Value
$111,700
Average Branch County Assessed Value
$130,544
Average Michigan Assessed Value
$177,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Union City, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49094 | $32,104 | $69,600 | $111,700 | $168,260 | $252,240 |
Source: Ownwell
Property Tax Bills Across Union City, Michigan
In Union City, located in Branch County, MI, property tax bills are calculated based on the assessed value of the property, which is determined by the local tax assessor. The assessed value is a percentage of the market value of the home. Homeowners in Union City pay a median property tax bill of $332, which is significantly lower than the national median property tax rate of 0.99%. The tax bill can vary widely, with the 25th percentile at $200 and the 75th percentile reaching $534. Factors influencing the tax bill include the property's assessed value, local tax rates, and any applicable exemptions or deductions. For instance, homeowners in the 90th percentile could see tax bills as high as $839. These property taxes fund essential services such as public schools, infrastructure, and emergency services, impacting the quality of life and property values in the community. Understanding these factors can help homeowners better anticipate their annual property tax obligations.
Average Union City Tax Bill
$332
Average Branch County Tax Bill
$638
Average Michigan Tax Bill
$1,795
Average United States Tax Bill
$2,690
Property Tax Bills Across Union City, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49094 | $112 | $200 | $332 | $534 | $839 |
Source: Ownwell