Ingham County Property Taxes
The median property tax rate in Ingham County is 2.06%, significantly higher than both the national median of 0.99% and Michigan's state median of 1.07%. With the median home value in Ingham County at $152,200, the typical annual property tax bill reaches $3,019, exceeding the national median of $2,690. Property taxes in Ingham County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Ingham County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Lansing or another part of Ingham County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Ingham County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.06%
Estimate Property Tax Bill
$3,135
$2,909
Ownwell’s Ingham County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Ingham County with just 2 data points. Enter your property's estimated assessed value, our calculator applies the median tax rate in Ingham County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Ingham County, Michigan
Property taxes in Ingham County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Ingham County is 2.06%, which is higher than the U.S. national median of 0.99%. Local government entities within Ingham County set these rates annually, and they can vary significantly between different areas within the county. Each year, Ingham County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Ingham County's effective property tax rate with other benchmarks. For comparison, the city of Lansing has one of the higher property tax rates in Michigan at 2.26%, while the city of Stockbridge boasts one of the lowest at 1.13%. Analyzing how Ingham County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Ingham County Tax Rate
2.06%
Average Michigan Tax Rate
1.07%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ingham County, Michigan
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Dansville | 0.81% | 1.12% | 1.43% | 1.66% | 1.99% |
Dimondale | 1.32% | 1.53% | 1.73% | 1.91% | 2.12% |
East Lansing | 1.72% | 1.88% | 2.08% | 2.36% | 2.73% |
Eaton Rapids | 1.14% | 1.29% | 1.83% | 2.15% | 2.56% |
Haslett | 1.68% | 1.84% | 2.00% | 2.23% | 2.49% |
Holt | 1.57% | 1.73% | 1.91% | 2.16% | 2.62% |
Lansing | 1.79% | 2.00% | 2.26% | 2.62% | 3.01% |
Leslie | 1.05% | 1.18% | 1.40% | 1.80% | 2.24% |
Mason | 1.22% | 1.39% | 1.61% | 2.02% | 2.39% |
Okemos | 1.67% | 1.82% | 2.00% | 2.24% | 2.47% |
Onondaga | 1.42% | 1.82% | 2.19% | 2.62% | 3.14% |
Perry | 0.71% | 0.99% | 1.15% | 1.30% | 1.67% |
Stockbridge | 0.76% | 0.90% | 1.13% | 1.54% | 2.00% |
Webberville | 0.88% | 1.23% | 1.51% | 1.87% | 2.16% |
Williamston | 1.26% | 1.45% | 1.71% | 2.00% | 2.43% |
Source: Ownwell
Property Tax Assessment Values Across Ingham County, Michigan
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Ingham County. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Ingham County Appraisal District. The assessed value, however, 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. Assessment notices in Ingham County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For example, Okemos has the highest median tax bill at $6,034, whereas Lansing has the lowest at $2,319. Being aware of these valuation processes in Ingham County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Ingham County Assessed Value
$152,200
Average Michigan Assessed Value
$177,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ingham County, Michigan
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Dansville | $113,500 | $168,525 | $220,400 | $284,950 | $383,800 |
Dimondale | $192,520 | $227,000 | $269,000 | $335,400 | $411,520 |
East Lansing | $121,200 | $176,400 | $238,000 | $307,350 | $416,560 |
Eaton Rapids | $100,300 | $166,200 | $224,800 | $290,900 | $381,300 |
Haslett | $101,800 | $142,700 | $219,000 | $311,400 | $436,400 |
Holt | $6,600 | $133,200 | $190,600 | $251,200 | $309,200 |
Lansing | $56,600 | $74,400 | $100,200 | $135,000 | $182,200 |
Leslie | $65,090 | $118,100 | $172,984 | $249,142 | $344,207 |
Mason | $83,040 | $148,800 | $208,800 | $287,600 | $398,664 |
Okemos | $180,000 | $232,450 | $310,000 | $423,000 | $553,640 |
Onondaga | $65,080 | $113,650 | $185,700 | $249,600 | $357,780 |
Perry | $143,000 | $203,900 | $274,600 | $369,900 | $507,000 |
Stockbridge | $73,700 | $148,000 | $213,900 | $298,200 | $400,000 |
Webberville | $105,400 | $140,900 | $192,600 | $271,250 | $381,400 |
Williamston | $125,360 | $178,300 | $250,200 | $359,700 | $498,240 |
Source: Ownwell
Property Tax Bills Across Ingham County, Michigan
In Ingham County, MI, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value typically represents 50% of the property's market value. For instance, with a median home price of $152,200, the assessed value would be around $76,100. The property tax rate is then applied to this assessed value to calculate the annual tax bill. Several factors influence the final tax bill, including local tax rates and any applicable exemptions or deductions. Homeowners in Ingham County face varying tax bills; for example, the 25th percentile tax bill is $2,094, while the 75th percentile tax bill reaches $4,598. High-value properties can see tax bills as steep as $6,676 at the 90th percentile. Ingham County's property tax rates can significantly impact homeowners, with the highest median tax bill in Okemos at $6,034, compared to the lowest median tax bill of $2,319 in Lansing. Understanding these factors can help homeowners anticipate and manage their property tax obligations effectively.
Average Ingham County Tax Bill
$3,019
Average Michigan Tax Bill
$1,795
Average United States Tax Bill
$2,690
Property Tax Bills Across Ingham County, Michigan
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Dansville | $1,422 | $2,135 | $3,062 | $4,031 | $4,998 |
Dimondale | $3,063 | $3,855 | $4,717 | $5,665 | $7,319 |
East Lansing | $2,680 | $3,638 | $5,029 | $6,693 | $8,943 |
Eaton Rapids | $1,685 | $2,524 | $3,656 | $5,342 | $6,756 |
Haslett | $2,048 | $2,896 | $4,375 | $6,299 | $8,645 |
Holt | $145 | $2,484 | $3,653 | $4,778 | $6,031 |
Lansing | $1,342 | $1,770 | $2,319 | $3,020 | $3,932 |
Leslie | $1,417 | $1,908 | $2,520 | $3,384 | $4,617 |
Mason | $1,457 | $2,559 | $3,540 | $4,756 | $6,305 |
Okemos | $3,359 | $4,515 | $6,034 | $8,753 | $12,037 |
Onondaga | $1,480 | $2,449 | $3,994 | $5,564 | $6,942 |
Perry | $1,726 | $2,328 | $3,019 | $4,307 | $5,671 |
Stockbridge | $1,224 | $1,821 | $2,495 | $3,448 | $4,640 |
Webberville | $1,657 | $2,307 | $2,953 | $3,778 | $4,953 |
Williamston | $2,364 | $3,196 | $4,296 | $5,987 | $8,179 |
Source: Ownwell