East Grand Rapids, Kent County, Michigan Property Taxes
Median East Grand Rapids, MI effective property tax rate: 1.33%, significantly higher than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median East Grand Rapids, MI home value: $260,200
Median annual East Grand Rapids, MI tax bill: $3,444, $1,044 higher than the national median property tax bill of $2,400.
How are property taxes in Kent calculated?
Property taxes in East Grand Rapids, 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 East Grand Rapids’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in East Grand Rapids, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
East Grand Rapids, Kent County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.33%
Estimate Property Tax Bill
$3,461
$3,211
Property Tax Rates Across East Grand Rapids, Kent County, Michigan
Local government entities set tax rates, which can vary significantly within Michigan. Each year, Kent County estimates its budget for public services and divides that by the total value of all taxable property within its jurisdiction, determining the property tax rate. This calculation is the crux of why tax rates differ so much across the state. Although votes and laws play a role in setting these rates and budgets, this annual process remains central.
In East Grand Rapids, the effective property tax rate is a key figure for homeowners. When comparing this rate to other cities in Michigan, it's essential to consider both state and national averages. The median property tax rate in Michigan is notably higher than the national median of 1.02%. This means that property owners in East Grand Rapids may experience higher tax bills compared to the national median property tax bill of $2400. Understanding these differences can help homeowners make informed decisions about property investments and tax appeals.
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 East Grand Rapids Tax Rate
1.33%
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 Kent County Tax Rate
0.89%
Median Effective Michigan Tax Rate
1.07%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across East Grand Rapids, Kent County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49506 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across East Grand Rapids, Kent County, Michigan
When examining property taxes in East Grand Rapids, 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 Kent 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 Kent 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 East Grand Rapids.
For example, the median home price in East Grand Rapids is $260,200, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across East Grand Rapids, Kent County, Michigan
Source: Ownwell
$165,400
$316,600
$467,800
Median East Grand Rapids Market Value
$260,200
Median Kent County Market Value
$248,400
Median Michigan Market Value
$177,800
Median United States Market Value
$235,294
Property Tax Assessment Values Across East Grand Rapids, Kent County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49506 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across East Grand Rapids, Kent County, Michigan
In East Grand Rapids, MI, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the market value. The median home price in this area is $260,200. Property taxes are influenced by several factors, including local tax rates and any applicable exemptions or deductions. Homeowners in East Grand Rapids face a median property tax bill that is significantly higher than the national median of $2,400, with the 25th percentile tax bill at $3,014 and the 75th percentile reaching $5,076. This can place a substantial financial burden on homeowners, impacting their overall cost of living.
Ownwell offers a solution by providing property tax appeal and exemption services to help homeowners reduce their tax bills. By analyzing property assessments and market values, Ownwell identifies opportunities for savings and guides homeowners through the appeal process. This can result in significant reductions in property tax liabilities, allowing homeowners to allocate their resources more effectively and ease their financial strain.
Median East Grand Rapids Tax Bill
$3,444
Median Kent County Tax Bill
$2,321
Median Michigan Tax Bill
$1,795
Median United States Tax Bill
$2,400
Property Tax Bills Across East Grand Rapids, Kent County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49506 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell