Saint Johns, Michigan Property Taxes
The median property tax rate in Saint Johns, MI is 1.26%, considerably higher than both the national median of 0.99% and the Michigan state median of 1.07%. With the median home value in Saint Johns at $170,200, the typical annual property tax bill reaches $2,218, slightly below the national median of $2,690. Property taxes in Saint Johns are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Saint Johns' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Saint Johns 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
Saint Johns, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.26%
Estimate Property Tax Bill
$2,145
$1,990
Ownwell’s Saint Johns Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Saint Johns with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saint Johns 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 the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Saint Johns, Michigan
Property taxes in Saint Johns, Michigan, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Saint Johns is 1.26%, higher than both the Michigan state median and the U.S. national median of 0.99%. Local government entities within Saint Johns set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saint Johns 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 Saint Johns' effective property tax rate to other counties in Michigan and the national median. For comparison, the 48879 zip code has both the highest and lowest median property tax rate of 1.26%. Understanding how these cities compare with Saint Johns provides valuable insights into the varying tax landscape across Clinton County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Saint Johns Tax Rate
1.26%
Average Clinton County Tax Rate
1.43%
Average Michigan Tax Rate
1.07%
Average United States Tax Rate
0.99%
Property Tax Rates Across Saint Johns, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
48879 | 0.47% | 0.60% | 1.26% | 1.87% | 2.23% |
Source: Ownwell
Property Tax Assessment Values Across Saint Johns, Michigan
In Saint Johns, 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 Clinton 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 Saint Johns, 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. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are $2,218, both found in the 48879 zip code.
Average Saint Johns Assessed Value
$170,200
Average Clinton County Assessed Value
$186,400
Average Michigan Assessed Value
$177,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Saint Johns, Michigan
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
48879 | $92,600 | $123,200 | $170,200 | $240,400 | $335,200 |
Source: Ownwell
Property Tax Bills Across Saint Johns, Michigan
In Saint Johns, MI, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the market value. For instance, with a median home price of $170,200, the assessed value is a crucial starting point. The tax rate is then applied to the assessed value to determine the overall tax bill. Factors such as local government budgets, school district funding, and public services influence the tax rate, which in turn affects the final amount homeowners owe. Homeowners in Saint Johns can expect varying tax bills depending on their property's assessed value and the specific tax rate applied. The tax bill for the 25th percentile is $1,359, while the 75th percentile is significantly higher at $3,112. The 90th percentile tax bill reaches $4,070. These figures highlight the range of property tax obligations within the city. Compared to the national median property tax rate of 0.99%, Saint Johns homeowners face a diverse array of tax bills, reflecting the unique economic and administrative factors at play in the region.
Average Saint Johns Tax Bill
$2,218
Average Clinton County Tax Bill
$2,460
Average Michigan Tax Bill
$1,795
Average United States Tax Bill
$2,690
Property Tax Bills Across Saint Johns, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
48879 | $844 | $1,359 | $2,218 | $3,112 | $4,070 |
Source: Ownwell