Portage, Kalamazoo County, Michigan Property Taxes

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

Median Portage, MI effective property tax rate: 1.60%, significantly higher than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Portage, MI home value: $218,200
Median annual Portage, MI tax bill: $3,523, $1,123 higher than the national median property tax bill of $2,400.

How are property taxes in Kalamazoo calculated?

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

Last Updated March 1, 2025

Portage, Kalamazoo County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.6%

Estimate Property Tax Bill

$3,491

$3,240

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

Property Tax Rates Across Portage, Kalamazoo County, Michigan

Local government entities play a crucial role in determining property tax rates, which can differ significantly across Michigan. Each year, Kalamazoo County estimates its necessary budget to fund services and divides this by the total assessed value of all taxable property within its boundaries. This calculation determines the property tax rate. While the process involves various votes and regulations, this is essentially how it unfolds annually.

In Portage, located in Kalamazoo County, the effective property tax rate stands at 1.60%, which is slightly higher than the national median of 1.02%. Within the city, the highest median tax rate is recorded at 1.62% in the 49024 ZIP code, while the lowest is 1.57% in the 49002 ZIP code. This range highlights the variability that can occur even within a single city, influenced by local budgetary needs and property values. Comparing Portage's property tax rate to other cities in Michigan and the national average provides valuable insights for property owners. Understanding these differences can help residents make informed decisions about property investments and financial planning.

Property Tax Rates Across Portage, Kalamazoo County, Michigan

Source: Ownwell

0.35%

0.98%

1.62%

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 Portage Tax Rate

1.60%

Median Effective Kalamazoo County Tax Rate

0.87%

Median Effective Michigan Tax Rate

1.07%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Portage, Kalamazoo County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
49002	1.21%	1.40%	1.57%	1.81%	2.00%
49024	1.35%	1.46%	1.62%	1.84%	2.00%

Source: Ownwell

Property Tax Assessment Values Across Portage, Kalamazoo County, Michigan

When examining property taxes in Portage, 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 Kalamazoo 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.

In Kalamazoo County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Portage.

For example, the median home price in Portage is $218,200, with tax bills ranging significantly across the county. Zip code 49024 has the highest median home price at $229,800.

Property Tax Assessment Values Across Portage, Kalamazoo County, Michigan

Source: Ownwell

$78,800

$232,650

$386,500

Median Portage Market Value

$218,200

Median Kalamazoo County Market Value

$197,650

Median Michigan Market Value

$177,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across Portage, Kalamazoo County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
49002	$120,800	$148,800	$195,200	$294,100	$460,200
49024	$145,600	$173,400	$229,800	$297,800	$391,740

Source: Ownwell

Property Tax Bills Across Portage, Kalamazoo County, Michigan

In Portage, located in Kalamazoo County, Michigan, property tax bills are calculated based on the assessed value of a home, which is determined by local tax authorities. This assessed value typically reflects a percentage of the property's market value. To calculate the tax bill, the assessed value is multiplied by the local tax rate. For homeowners in Portage, the tax bill can vary significantly. For example, the 25th percentile tax bill is $2,573, while the 75th percentile reaches $4,953, and the 90th percentile climbs to $6,955. These figures highlight the variability in tax bills depending on property value and location within the city. Compared to the national median property tax bill of $2,400, many Portage homeowners face higher tax burdens. Ownwell can assist homeowners in Portage by identifying potential discrepancies in property assessments and ensuring they benefit from available exemptions. By leveraging expertise in property tax appeals, Ownwell helps homeowners reduce their tax liabilities, potentially saving them hundreds or even thousands of dollars annually.

Property Tax Bills Across Portage, Kalamazoo County, Michigan

Source: Ownwell

$559

$2,134

$3,709

Median Portage Tax Bill

$3,523

Median Kalamazoo County Tax Bill

$1,531

Median Michigan Tax Bill

$1,795

Median United States Tax Bill

$2,400

Property Tax Bills Across Portage, Kalamazoo County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
49002	$1,820	$2,313	$3,168	$4,749	$6,929
49024	$2,206	$2,795	$3,709	$5,066	$6,981

Source: Ownwell