Cheboygan County, Michigan Property Taxes
The median property tax rate in Cheboygan County is 0.50%, which is significantly lower than both the national median of 0.99% and the Michigan state median of 1.07%. With the median home value in Cheboygan County at $151,800, the typical annual property tax bill reaches $843, far below the national median of $2,690. Property taxes in Cheboygan County are calculated based on the assessed value, which often falls below the actual market value due to various property tax exemptions such as the primary residence and agricultural exemptions. Understanding Cheboygan 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 Cheboygan or another part of Cheboygan County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Cheboygan County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.5%
Estimate Property Tax Bill
$759
$704
Ownwell’s Cheboygan County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Cheboygan County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Cheboygan 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 Cheboygan County, Michigan
Property taxes in Cheboygan County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Cheboygan County is 0.50%, which is lower than the U.S. national median of 0.99%. Local government entities within Cheboygan County set these rates annually, and they can vary significantly between different areas within the county. Each year, Cheboygan 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. The following data compares Cheboygan County's effective property tax rate with other areas and the national median. For comparison, the city of Mackinaw City has one of the higher property tax rates in the region at 1.18%, while the city of Indian River boasts one of the lowest at 0.40%. Analyzing how Cheboygan County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Cheboygan County Tax Rate
0.50%
Average Michigan Tax Rate
1.07%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cheboygan County, Michigan
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Afton | 0.32% | 0.38% | 0.43% | 0.49% | 0.55% |
| Alanson | 0.22% | 0.30% | 0.37% | 0.44% | 0.51% |
| Brutus | 0.36% | 0.44% | 0.83% | 1.10% | 1.29% |
| Burt Lake | 0.25% | 0.35% | 0.40% | 0.45% | 0.51% |
| Carp Lake | 0.42% | 0.57% | 0.84% | 1.45% | 1.57% |
| Cheboygan | 0.39% | 0.48% | 0.74% | 1.25% | 1.63% |
| Indian River | 0.28% | 0.34% | 0.40% | 0.48% | 0.59% |
| Levering | 0.35% | 0.46% | 0.72% | 1.20% | 1.46% |
| Mackinaw City | 0.50% | 0.83% | 1.18% | 1.47% | 2.02% |
| Mullett Lake | 0.48% | 0.61% | 0.94% | 1.13% | 1.38% |
| Onaway | 0.29% | 0.34% | 0.40% | 0.46% | 0.58% |
| Pellston | 0.36% | 0.48% | 0.94% | 1.30% | 1.44% |
| Petoskey | N/A | N/A | N/A | N/A | N/A |
| Topinabee | 0.27% | 0.32% | 0.39% | 0.48% | 0.59% |
| Tower | N/A | N/A | N/A | N/A | N/A |
| Vanderbilt | 0.38% | 0.46% | 0.51% | 0.55% | 0.59% |
| Wolverine | 0.32% | 0.36% | 0.42% | 0.51% | 0.59% |
Source: Ownwell
Property Tax Assessment Values Across Cheboygan County, Michigan
In Cheboygan 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 Cheboygan 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 Cheboygan 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. Being aware of these valuation processes in Cheboygan County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. Notably, Mullett Lake has the highest median tax bill at $4,238, while Tower has the lowest at $113.
Property Tax Assessment Values Across Cheboygan County, Michigan
Source: Ownwell
$100,600
$350,500
$600,400
Average Cheboygan County Assessed Value
$151,800
Average Michigan Assessed Value
$177,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Cheboygan County, Michigan
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Afton | $30,900 | $55,250 | $100,600 | $160,900 | $226,600 |
| Alanson | $74,000 | $145,000 | $230,700 | $391,150 | $739,340 |
| Brutus | $79,320 | $218,750 | $600,400 | $881,050 | $1,254,180 |
| Burt Lake | $115,880 | $256,600 | $599,200 | $969,100 | $1,240,240 |
| Carp Lake | $7,600 | $68,300 | $129,800 | $193,550 | $306,980 |
| Cheboygan | $34,200 | $82,000 | $139,400 | $238,400 | $404,700 |
| Indian River | $49,200 | $113,800 | $200,800 | $373,500 | $620,240 |
| Levering | $53,280 | $146,200 | $242,400 | $331,600 | $468,520 |
| Mackinaw City | $69,100 | $129,050 | $181,400 | $254,200 | $338,900 |
| Mullett Lake | $246,380 | $303,400 | $575,800 | $848,250 | $1,074,240 |
| Onaway | $30,680 | $65,900 | $118,000 | $183,200 | $280,680 |
| Pellston | $49,600 | $119,200 | $238,000 | $344,600 | $491,800 |
| Petoskey | N/A | N/A | N/A | N/A | N/A |
| Topinabee | $32,920 | $92,950 | $163,900 | $287,900 | $558,320 |
| Tower | N/A | N/A | N/A | N/A | N/A |
| Vanderbilt | $28,740 | $58,500 | $107,700 | $155,250 | $218,080 |
| Wolverine | $31,740 | $61,150 | $116,800 | $184,300 | $265,120 |
Source: Ownwell
Property Tax Bills Across Cheboygan County, Michigan
In Cheboygan County, MI, property tax bills are calculated based on the assessed value of a home, which typically represents 50% of its market value. For a median home priced at $151,800, this means the assessed value would be approximately $75,900. The local tax rate is then applied to this assessed value to determine the annual tax bill. Various factors influence this calculation, including local government budgets, school district funding needs, and public services requirements. Homeowners in Cheboygan County experience a range of tax bills. For instance, tax bills at the 25th percentile are around $456, while those at the 75th percentile reach about $1,617. At the higher end, the 90th percentile tax bill can be as much as $3,156. The highest median tax bill in the county is found in Mullett Lake at $4,238, whereas Tower has the lowest at $113. These variations can significantly impact homeowners, influencing their overall housing affordability and financial planning.
Average Cheboygan County Tax Bill
$843
Average Michigan Tax Bill
$1,795
Average United States Tax Bill
$2,690
Property Tax Bills Across Cheboygan County, Michigan
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Afton | $115 | $223 | $410 | $687 | $1,013 |
| Alanson | $239 | $426 | $795 | $1,538 | $2,804 |
| Brutus | $543 | $1,354 | $3,785 | $7,415 | $10,602 |
| Burt Lake | $323 | $1,157 | $2,716 | $4,126 | $5,195 |
| Carp Lake | $120 | $463 | $906 | $1,630 | $2,777 |
| Cheboygan | $291 | $594 | $1,006 | $1,767 | $3,329 |
| Indian River | $208 | $429 | $770 | $1,561 | $2,757 |
| Levering | $430 | $811 | $1,525 | $2,782 | $4,513 |
| Mackinaw City | $650 | $1,209 | $1,822 | $2,887 | $4,142 |
| Mullett Lake | $1,164 | $2,950 | $4,238 | $6,924 | $10,293 |
| Onaway | $113 | $241 | $478 | $791 | $1,331 |
| Pellston | $439 | $800 | $1,608 | $3,359 | $4,880 |
| Petoskey | N/A | N/A | N/A | N/A | N/A |
| Topinabee | $144 | $345 | $586 | $1,142 | $2,369 |
| Tower | N/A | N/A | N/A | N/A | N/A |
| Vanderbilt | $146 | $249 | $536 | $805 | $1,126 |
| Wolverine | $138 | $251 | $501 | $817 | $1,186 |
Source: Ownwell