Flint, Iron County, Michigan Property Taxes

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

Median Flint, MI effective property tax rate: 1.48%, significantly higher than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Flint, MI home value: $19,800
Median annual Flint, MI tax bill: $292, $2,108 lower than the national median property tax bill of $2,400.

How are property taxes in Iron County calculated?

Property taxes in Flint, MI 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 Flint’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Flint, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Flint, Iron County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.48%

Estimate Property Tax Bill

$293

$272

Ownwell's Flint Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Flint with just two data points. By entering your property's estimated assessed value, our calculator applies Flint’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 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 Genesee County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Flint, Iron County, Michigan

Local government entities determine tax rates, which can vary significantly within a state. Each year, counties estimate their required budget to provide services and divide that by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

In Flint, located in Genesee County, Michigan, the effective property tax rate is a key consideration for homeowners. The median property tax rate in Michigan is 1.48%, which is higher than the national median of 1.02%. This means that homeowners in Flint may find themselves paying more in property taxes compared to the average American household. However, understanding how these rates are determined and how they compare to both state and national averages can help homeowners make informed decisions about their property investments. By appealing or seeking exemptions, residents of Flint have the opportunity to potentially reduce their property tax burden, aligning closer to the national median property tax bill of $2400.

Property Tax Rates Across Flint, Iron County, Michigan

Source: Ownwell

0.33%

0.99%

1.66%

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 Flint Tax Rate

1.48%

Median Effective Iron County Tax Rate

0.75%

Median Effective Michigan Tax Rate

1.07%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Flint, Iron County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
48506	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Flint, Iron County, Michigan

When examining property taxes in Flint, MI, 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 Iron County appraisal district 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 Iron 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 Flint.

For example, the median home price in Flint is $19,800, with tax bills ranging significantly across the county. The national median property tax bill is $2,400, highlighting the variations in property tax obligations.

Property Tax Assessment Values Across Flint, Iron County, Michigan

Source: Ownwell

$37,000

$103,400

$169,800

Median Flint Market Value

$19,800

Median Iron County Market Value

$75,910

Median Michigan Market Value

$177,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across Flint, Iron County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
48506	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Flint, Iron County, Michigan

In Flint, Iron County, MI, property tax bills are calculated based on the assessed value of a home, which is determined as a percentage of its market value. With a median home price of $19,800, homeowners in Flint face property tax bills that are typically around $292, which is significantly lower than the national median property tax bill of $2,400. This lower tax bill is reflective of the local market conditions and the assessed values of properties in the area. However, even with lower tax bills, homeowners can still benefit from ensuring their property is not over-assessed. Over-assessment can lead to paying more in property taxes than necessary. This is where Ownwell can assist homeowners by providing expert property tax appeal services. By analyzing the assessed value of a property and comparing it to similar properties in the area, Ownwell can help identify potential savings and guide homeowners through the appeal process to reduce their property tax burden.

Property Tax Bills Across Flint, Iron County, Michigan

Source: Ownwell

$148

$679

$1,209

Median Flint Tax Bill

$292

Median Iron County Tax Bill

$661

Median Michigan Tax Bill

$1,795

Median United States Tax Bill

$2,400

Property Tax Bills Across Flint, Iron County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
48506	N/A	N/A	N/A	N/A	N/A

Source: Ownwell