Frontier, Michigan Property Taxes
The median property tax rate in Frontier, MI is 0.42%, considerably lower than both the national median of 0.99% and the Michigan state median of 1.07%. With the median home value in Frontier at $60,908, the typical annual property tax bill reaches $291, significantly below the national median of $2,690. Property taxes in Frontier 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 Frontier'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 Frontier 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
Frontier, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.42%
Estimate Property Tax Bill
$256
Ownwell’s Frontier Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Frontier with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Frontier 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 Frontier, Michigan
Property taxes in Frontier, Michigan, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Frontier is 0.42%, significantly lower than both the Michigan state median and the U.S. national median of 0.99%. Local government entities within Frontier set these rates annually, and they can vary significantly across different neighborhoods. Each year, Frontier 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 Frontier's effective property tax rate to other counties in Michigan and the national median. For comparison, the 49239 zip code has both the highest and lowest median property tax rate of 0.42%. Understanding how these cities compare with Frontier provides valuable insights into the varying tax landscape across Hillsdale County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Frontier Tax Rate
0.42%
Average Hillsdale County Tax Rate
0.41%
Average Michigan Tax Rate
1.07%
Average United States Tax Rate
0.99%
Property Tax Rates Across Frontier, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49239 | 0.31% | 0.39% | 0.42% | 0.54% | 0.57% |
Source: Ownwell
Property Tax Assessment Values Across Frontier, Michigan
In Frontier, 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 Hillsdale 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 Frontier, 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. The median home price in Frontier is $60,908, with tax bills varying significantly. For instance, the highest median tax bill is $291 in the 49239 zip code, while the lowest is also $291 in the same zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Frontier Assessed Value
$60,908
Average Hillsdale County Assessed Value
$141,139
Average Michigan Assessed Value
$177,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Frontier, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49239 | $43,315 | $55,095 | $60,908 | $74,054 | $85,233 |
Source: Ownwell
Property Tax Bills Across Frontier, Michigan
In Frontier, located in Hillsdale County, MI, property tax bills are determined 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 $60,908, homeowners can expect their tax bill to reflect this value. The tax rate in Frontier is influenced by local government budgets and the needs of public services such as schools and infrastructure. Several factors are considered when calculating the property tax bill, including the property's assessed value and applicable tax rates set by local authorities. Homeowners in Frontier experience a range of tax bills, with the 25th percentile at $223 and the 75th percentile at $347. The highest median tax bill reported in the area is $291, which is significantly below the national median property tax rate of 0.99%. These property taxes impact homeowners by contributing to the funding of essential community services while also representing a recurring financial obligation based on property value.
Average Frontier Tax Bill
$291
Average Hillsdale County Tax Bill
$685
Average Michigan Tax Bill
$1,795
Average United States Tax Bill
$2,690
Property Tax Bills Across Frontier, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49239 | $187 | $223 | $291 | $347 | $392 |
Source: Ownwell