Emmet County, Michigan Property Taxes

Name: Property Tax Bills Across Emmet County, Michigan
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Emmet County effective property tax rate: 0.97%, slightly lower than the national median of 1.02%.
Median Emmet County home value: $259,800
Median annual Emmet County tax bill: $2,560, $160 higher than the national median property tax bill of $2,400.

How are property taxes in Emmet County calculated?

Property taxes in Emmet County are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Petoskey or another part of Emmet County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Emmet County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.97%

Estimate Property Tax Bill

$2,520

$2,339

Ownwell’s Emmet County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Emmet County with just two data points. By entering your property's estimated assessed value, our calculator applies Emmet County’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Emmet County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Emmet County, Michigan

Local government entities set tax rates, which can vary widely within a state. This is because each year, counties estimate their required budget to provide services and divide that by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the essence of the annual process. In Emmet County, the effective property tax rate is 0.97%, slightly below the national median property tax rate of 1.02%. This places Emmet County in a favorable position compared to the national average. However, within the county, there are variations. Mackinaw City has the highest median tax rate at 1.51%, while Boyne Falls boasts the lowest at 0.83%. These differences highlight the diverse nature of property tax rates even within a single county. Understanding these rates is crucial for property owners looking to manage their tax liabilities effectively.

Property Tax Rates Across Emmet County, Michigan

Source: Ownwell

0.83%

1.17%

1.51%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Emmet County Taxx Rate

0.97%

Median Effective Michigan Taxx Rate

1.07%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Emmet County, Michigan

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Alanson	0.64%	0.72%	0.95%	1.39%	1.75%
Boyne Falls	0.70%	0.74%	0.83%	1.02%	1.12%
Brutus	0.68%	0.74%	0.83%	1.06%	1.48%
Carp Lake	0.65%	0.78%	1.14%	1.50%	1.85%
Conway	0.53%	0.75%	1.32%	1.72%	1.93%
Harbor Springs	0.60%	0.75%	0.95%	1.26%	1.55%
Levering	0.58%	0.70%	0.87%	1.27%	1.66%
Mackinaw City	0.91%	1.13%	1.51%	1.90%	2.43%
Oden	N/A	N/A	N/A	N/A	N/A
Pellston	0.58%	0.76%	1.00%	1.28%	1.64%
Petoskey	0.65%	0.77%	0.98%	1.38%	1.85%

Source: Ownwell

Property Tax Assessment Values Across Emmet County, Michigan

When examining property taxes in Emmet County, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Emmet County Equalization Department estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. Assessment notices: In Emmet County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Emmet County. For example, the median tax bill in Emmet County is $2,400, with tax bills ranging significantly across the county. Harbor Springs has the highest median home price at $344,800.

Property Tax Assessment Values Across Emmet County, Michigan

Source: Ownwell

$135,400

$240,100

$344,800

Median Emmet County Market Value

$259,800

Median Michigan Market Value

$177,800

Median United States Market Value

$244,900

Property Tax Assessment Values Across Emmet County, Michigan

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Alanson	$29,760	$91,800	$162,600	$251,400	$408,320
Boyne Falls	$117,260	$194,500	$272,800	$354,700	$493,860
Brutus	$60,540	$113,500	$162,900	$255,850	$362,800
Carp Lake	$45,000	$83,800	$143,800	$233,900	$376,600
Conway	$69,300	$93,900	$144,200	$194,900	$246,400
Harbor Springs	$111,860	$215,200	$344,800	$610,000	$1,210,940
Levering	$44,560	$80,500	$135,400	$205,900	$271,960
Mackinaw City	$60,000	$106,600	$184,800	$302,000	$477,200
Oden	N/A	N/A	N/A	N/A	N/A
Pellston	$56,680	$90,200	$136,600	$205,700	$302,280
Petoskey	$117,060	$191,200	$283,800	$450,000	$824,840

Source: Ownwell

Property Tax Bills Across Emmet County, Michigan

In Emmet County, MI, property tax bills are determined by applying the local tax rate to the assessed value of a property. The assessed value is typically a percentage of the property's market value, which is influenced by factors such as location, property size, and improvements. Homeowners in Emmet County experience a range of tax bills, with the 25th percentile at $1,528 and the 75th percentile reaching $4,671, reflecting the diverse property values in the area. The highest median tax bill is found in Harbor Springs at $3,435, while Levering has the lowest at $1,169. These figures highlight the variation within the county and how location significantly impacts tax obligations. Compared to the national median property tax bill of $2,400, many homeowners in Emmet County pay above the average, especially those in higher-value areas. Understanding these factors can help homeowners anticipate their tax responsibilities and plan accordingly.

Property Tax Bills Across Emmet County, Michigan

Source: Ownwell

$1,169

$2,302

$3,435

Median Emmet County Tax Bill

$2,560

Median Michigan Tax Bill

$1,795

Median United States Tax Bill

$2,690

Property Tax Bills Across Emmet County, Michigan

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Alanson	$436	$921	$1,481	$2,374	$4,488
Boyne Falls	$994	$1,497	$2,259	$3,515	$4,568
Brutus	$705	$972	$1,509	$2,143	$3,509
Carp Lake	$543	$899	$1,512	$2,515	$3,834
Conway	$757	$1,132	$1,650	$2,785	$3,327
Harbor Springs	$1,298	$2,068	$3,435	$6,628	$12,987
Levering	$468	$748	$1,169	$1,755	$2,598
Mackinaw City	$892	$1,591	$2,662	$4,671	$7,388
Oden	N/A	N/A	N/A	N/A	N/A
Pellston	$620	$964	$1,363	$1,930	$2,663
Petoskey	$1,257	$1,861	$2,900	$5,001	$10,365

Source: Ownwell