Augusta, Calhoun County, Michigan Property Taxes
The median property tax rate in Augusta, MI is 1.18%, notably higher than both the national median of 0.99% and the Michigan state median of 1.07%. With the median home value in Augusta at $216,700, the typical annual property tax bill reaches $2,463, slightly below the national median of $2,690. Property taxes in Augusta 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 Augusta'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 Augusta 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
Augusta, Calhoun County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.18%
Estimate Property Tax Bill
$2,557
$2,373
Ownwell’s Augusta Property Tax Bill Calculator allows homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Augusta with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Augusta to provide an estimate of your property tax bill. This valuable tool offers insight into potential tax liabilities. For those interested in neighborhood-level trends, scroll down for more localized information. Your property’s assessed value is the value assigned by Calhoun County for property tax calculations, considering any applicable exemptions.
Property Tax Rates Across Augusta, Calhoun County, Michigan
Property taxes in Augusta, Michigan, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Augusta is 1.18%, higher than both the Michigan state median and the U.S. national median of 0.99%. Local government entities within Augusta set these rates annually, and they can vary significantly across different neighborhoods. Each year, Augusta 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 Augusta's effective property tax rate to other areas in Michigan and the national median. For comparison, the 49012 zip code has the highest median property tax rate of 1.18%, while the same zip code also has the lowest median tax rate of 1.18%. Understanding how these cities compare with Augusta provides valuable insights into the varying tax landscape across Calhoun County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Augusta Tax Rate
1.18%
Average Calhoun County Tax Rate
1.36%
Average Michigan Tax Rate
1.07%
Average United States Tax Rate
0.99%
Property Tax Rates Across Augusta, Calhoun County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49012 | 0.89% | 1.02% | 1.18% | 1.33% | 1.46% |
Source: Ownwell
Property Tax Assessment Values Across Augusta, Calhoun County, Michigan
In Augusta, 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 Calhoun 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 Augusta, 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. For instance, the median home price in Augusta is $216,700, with tax bills ranging from $1,919 to $4,938. The zip code with both the highest and lowest median tax bill is 49012, at $2,463. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Augusta, Calhoun County, Michigan
Source: Ownwell
$76,686
$154,643
$232,600
Average Augusta Assessed Value
$216,700
Average Calhoun County Assessed Value
$125,045
Average Michigan Assessed Value
$177,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Augusta, Calhoun County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49012 | $130,600 | $171,200 | $216,700 | $294,200 | $394,200 |
Source: Ownwell
Property Tax Bills Across Augusta, Calhoun County, Michigan
In Augusta, Calhoun County, MI, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. The assessed value is typically a percentage of the market value of the property. For instance, with a median home price of $216,700, the tax bill can vary significantly. Homeowners in the 25th percentile can expect to pay around $1,919, while those in the 75th percentile might see bills as high as $3,405. The 90th percentile tax bill can reach up to $4,938. Several factors influence these tax bills, including property size, location, and any applicable exemptions. The local tax rate in Augusta is compared to the national median property tax rate of 0.99%, indicating how local policies impact homeowners differently. Understanding these elements helps homeowners anticipate their tax obligations and plan their finances accordingly, ensuring they are prepared for the annual property tax cycle.
Average Augusta Tax Bill
$2,463
Average Calhoun County Tax Bill
$1,916
Average Michigan Tax Bill
$1,795
Average United States Tax Bill
$2,690
Property Tax Bills Across Augusta, Calhoun County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49012 | $1,509 | $1,919 | $2,463 | $3,405 | $4,938 |
Source: Ownwell