Wyoming, Kent County, Michigan Property Taxes

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

Median WYOMING, MI effective property tax rate: 1.15%, significantly higher than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median WYOMING, MI home value: $202,800
Median annual WYOMING, MI tax bill: $2,355, $45 lower than the national median property tax bill of $2,400.

How are property taxes in Kent calculated?

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

Last Updated March 1, 2025

Wyoming, Kent County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.15%

Estimate Property Tax Bill

$2,332

$2,164

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

Property Tax Rates Across Wyoming, Kent County, Michigan

Local government entities set tax rates, which can vary widely within a state. This variation is because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is the annual process in a nutshell. Below, you can compare Wyoming’s effective property tax rate to other cities in Michigan and the median property tax rates in Michigan and the U.S.

Property Tax Rates Across Wyoming, Kent County, Michigan

Source: Ownwell

0.34%

0.84%

1.35%

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 Wyoming Tax Rate

1.15%

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 Wyoming, Kent County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
49418	1.15%	1.23%	1.35%	1.50%	1.65%
49509	0.84%	0.93%	1.09%	1.40%	1.65%
49519	0.89%	0.97%	1.10%	1.37%	1.56%

Source: Ownwell

Property Tax Assessment Values Across Wyoming, Kent County, Michigan

When examining property taxes in Wyoming, 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.

In Kent County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Wyoming. For example, the median home price in Wyoming is $202,800, with tax bills ranging significantly across the county. Zip code 49418 has the highest median home price at $323,400.

Property Tax Assessment Values Across Wyoming, Kent County, Michigan

Source: Ownwell

$165,400

$316,600

$467,800

Median Wyoming Market Value

$202,800

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 Wyoming, Kent County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
49418	$239,400	$280,700	$323,400	$372,500	$431,720
49509	$139,000	$159,400	$183,000	$208,400	$254,200
49519	$160,400	$188,200	$214,800	$255,600	$323,440

Source: Ownwell

Property Tax Bills Across Wyoming, Kent County, Michigan

In Wyoming, Kent County, MI, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. The median home price in the area is $202,800, and property tax bills can vary significantly. For instance, the 25th percentile tax bill is $1,813, while the 75th percentile reaches $3,300, and the 90th percentile can rise to $4,486. These figures illustrate the range of property tax obligations homeowners might face, with the national median property tax bill being $2,400. The highest median tax bill in the region is $4,397 in the 49418 zip code, while the lowest is $2,010 in the 49509 zip code. Factors such as local tax rates and property assessments play a crucial role in determining these bills. Ownwell assists homeowners by providing property tax appeal and exemption services, potentially reducing their tax burden. By analyzing property assessments and market conditions, Ownwell helps ensure that homeowners pay only what is fair, potentially saving them a significant amount on their annual tax bills.

Property Tax Bills Across Wyoming, Kent County, Michigan

Source: Ownwell

$760

$2,579

$4,397

Median Wyoming Tax Bill

$2,355

Median Kent County Tax Bill

$2,321

Median Michigan Tax Bill

$1,795

Median United States Tax Bill

$2,400

Property Tax Bills Across Wyoming, Kent County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
49418	$3,155	$3,796	$4,397	$5,257	$6,268
49509	$1,415	$1,657	$2,010	$2,691	$3,378
49519	$1,648	$1,944	$2,432	$3,216	$4,179

Source: Ownwell