Garden, Michigan Property Taxes
The median property tax rate in Garden, MI is 0.48%, significantly lower than both the national median of 0.99% and the Michigan state median of 1.07%. With the median home value in Garden, the typical annual property tax bill is $445, which is well below the national median of $2,690. Property taxes in Garden 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 Garden'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 Garden 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
Garden, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.48%
Estimate Property Tax Bill
$492
Ownwell’s Garden Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, and potential buyers looking to estimate their annual property taxes in Garden. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Garden to provide an estimate of your property tax bill. This user-friendly tool offers a clear understanding of potential tax liabilities, helping you make informed financial decisions. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property's assessed value is determined by the county and includes any applicable exemptions, ensuring an accurate calculation for tax purposes.
Property Tax Rates Across Garden, Michigan
Property taxes in Garden, Michigan, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Garden is 0.48%, which is notably lower than both the Michigan state median and the U.S. national median of 0.99%. Local government entities within Garden set these rates annually, and they can vary significantly across different neighborhoods. Each year, Garden 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 Garden's effective property tax rate to other counties in Michigan and the national median. For comparison, the 49835 zip code has the highest median property tax rate of 0.48%, while the same zip code also has the lowest median tax rate of 0.48%. Understanding how these cities compare with Garden provides valuable insights into the varying tax landscape across Delta County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Garden Tax Rate
0.48%
Average Delta County Tax Rate
0.51%
Average Michigan Tax Rate
1.07%
Average United States Tax Rate
0.99%
Property Tax Rates Across Garden, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49835 | 0.26% | 0.38% | 0.48% | 0.53% | 0.56% |
Source: Ownwell
Property Tax Assessment Values Across Garden, Michigan
In Garden, 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 Delta 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 Garden, 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. For instance, the median home price in Garden is $102,400, with tax bills ranging from $224 at the 25th percentile to $1,329 at the 90th percentile. The highest and lowest median tax bills, both at $445, are found in zip code 49835. 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 in Garden helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Garden Assessed Value
$102,400
Average Delta County Assessed Value
$107,400
Average Michigan Assessed Value
$177,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Garden, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49835 | $29,800 | $54,800 | $102,400 | $190,300 | $272,520 |
Source: Ownwell
Property Tax Bills Across Garden, Michigan
In Garden, MI, property tax bills are calculated based on the assessed value of your home, which is determined by the local assessor's office. This assessed value is then multiplied by the local property tax rate to determine your annual tax bill. For instance, with a median home price of $102,400, homeowners can expect varying tax bills depending on their property's assessed value and the specific tax rate applied. Several factors influence the final tax bill, including the property's market value, any applicable exemptions, and local tax rates. In Garden, the 25th percentile tax bill is $224, while the 75th percentile tax bill reaches $839. The highest tax bill recorded in the area stands at $1,329, indicating significant variability based on property characteristics and local assessments. This variability in tax bills can significantly impact homeowners, affecting annual budgeting and long-term financial planning. Understanding these factors helps homeowners anticipate their property tax obligations and manage their finances more effectively.
Average Garden Tax Bill
$445
Average Delta County Tax Bill
$702
Average Michigan Tax Bill
$1,795
Average United States Tax Bill
$2,690
Property Tax Bills Across Garden, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49835 | $119 | $224 | $445 | $839 | $1,329 |
Source: Ownwell