Saint Johns, Michigan Property Taxes
The median property tax rate in Saint Johns, MI is 0.37%, significantly lower 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 $119,900, the typical annual property tax bill amounts to $466, well below the national median of $2,690. Property taxes in Saint Johns are calculated based on the tax assessed value, which is often less than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Saint Johns' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial 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
0.37%
Estimate Property Tax Bill
$444
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 0.95%, which is lower than both the Michigan state median of 1.62% 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, Gratiot County has a median property tax rate of 1.70%, while the lowest median tax rate in the region is 0.37%. 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
0.37%
Average Gratiot County Tax Rate
0.33%
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 | 0.15% | 0.23% | 0.37% | 0.45% | 0.52% |
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 Gratiot 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 in Saint Johns helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Saint Johns is $119,900, with tax bills ranging from $296 at the 25th percentile to $880 at the 90th percentile. The zip code 48879 has the highest and lowest median tax bill, both at $466, highlighting the variability within the area.
Average Saint Johns Assessed Value
$119,900
Average Gratiot County Assessed Value
$112,300
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 | $59,500 | $94,600 | $119,900 | $155,500 | $232,460 |
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 its market value. For instance, if the median home price is $119,900, the assessed value would be determined by local assessment practices. The tax rate is applied to this assessed value to calculate the tax bill. Several factors influence this calculation, including property location, improvements, and local tax rates. Homeowners in Saint Johns can expect their property tax bills to vary. For example, the tax bill at the 25th percentile is $296, while at the 75th percentile, it rises to $631. At the higher end, the 90th percentile tax bill reaches $880. The highest and lowest median tax bills in the area are both $466, highlighting a relatively narrow range of variation. These property taxes fund essential local services, such as schools, infrastructure, and emergency services, directly impacting the community's quality of life.
Average Saint Johns Tax Bill
$466
Average Gratiot County Tax Bill
$380
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 | $215 | $296 | $466 | $631 | $880 |
Source: Ownwell