Clare County, Michigan Property Taxes
The median property tax rate in Clare County is 0.40%, significantly lower than both the national median of 0.99% and Michigan's state median of 1.07%. With a median home value of $85,200, the typical annual property tax bill in Clare County is $399, which is notably less than the national median of $2,690. Property taxes in Clare County are calculated based on the tax assessed value, which is often lower than the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Clare 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 Harrison or another part of Clare County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Clare County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.4%
Estimate Property Tax Bill
$341
$316
Ownwell’s Clare County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Clare County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Clare 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 Clare County, Michigan
Property taxes in Clare play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Clare is 0.40%, which is lower than the U.S. national median of 0.99%. Local government entities within Clare set these rates annually, and they can vary significantly between different areas within the county. Each year, Clare 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 Clare's effective property tax rate with other counties in Michigan and the national median. For comparison, the city of Gladwin has one of the higher property tax rates in Michigan at 0.82%, while the city of Harrison boasts one of the lowest at 0.41%. Analyzing how Clare's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Clare County Tax Rate
0.40%
Average Michigan Tax Rate
1.07%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clare County, Michigan
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Beaverton | 0.23% | 0.31% | 0.35% | 0.42% | 0.82% |
| Clare | 0.29% | 0.37% | 0.46% | 1.29% | 1.43% |
| Farwell | 0.32% | 0.36% | 0.39% | 0.43% | 0.75% |
| Gladwin | 0.32% | 0.38% | 0.82% | 1.43% | 1.81% |
| Harrison | 0.29% | 0.35% | 0.41% | 0.90% | 1.39% |
| Lake | 0.24% | 0.29% | 0.35% | 0.40% | 0.44% |
| Marion | 0.20% | 0.26% | 0.30% | 0.40% | 0.48% |
| Sears | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Clare County, Michigan
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Clare County, MI. 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 Clare 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 Clare 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. Clare has the highest median tax bill at $841, while Lake has the lowest at $278. 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 Clare County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Clare County Assessed Value
$85,200
Average Michigan Assessed Value
$177,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Clare County, Michigan
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Beaverton | $63,208 | $109,159 | $181,200 | $253,889 | $346,590 |
| Clare | $55,432 | $85,000 | $130,332 | $190,040 | $278,280 |
| Farwell | $34,622 | $73,580 | $119,984 | $177,200 | $238,932 |
| Gladwin | $28,360 | $58,600 | $102,940 | $163,000 | $241,117 |
| Harrison | $26,000 | $41,600 | $69,200 | $119,200 | $191,600 |
| Lake | $22,200 | $41,546 | $84,600 | $155,322 | $241,880 |
| Marion | $37,400 | $57,650 | $97,000 | $164,950 | $229,800 |
| Sears | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Clare County, Michigan
In Clare County, MI, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The median home price in Clare County is $85,200. Property taxes are determined by multiplying the assessed value by the local tax rate, which varies across different municipalities. For instance, Clare city has the highest median tax bill at $841, while Lake city has the lowest at $278. Several factors influence the tax bill, including property size, location, and any applicable exemptions or deductions. Homeowners in Clare County may see significant variations in their tax bills. For example, those in the 25th percentile pay around $185, while those in the 75th percentile pay about $783, and the 90th percentile can reach up to $1,389. These variations can impact homeowners' financial planning, making it essential to understand how local tax rates and assessments work. Compared to the national median property tax rate of 0.99%, Clare County's rates can be relatively modest, offering some relief to homeowners.
Average Clare County Tax Bill
$399
Average Michigan Tax Bill
$1,795
Average United States Tax Bill
$2,690