Lapeer County, Michigan Property Taxes
The median property tax rate in Lapeer is 0.37%, which is significantly lower than both the national median of 0.99% and the Michigan state median of 1.07%. With the median home value in Lapeer at $215,800, the typical annual property tax bill is $858, well below the national median of $2,690. Property taxes in Lapeer 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 Lapeer's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Lapeer or another part of the county, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Lapeer County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.37%
Estimate Property Tax Bill
$798
$741
Ownwell’s Lapeer County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Lapeer County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Lapeer 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’s 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 Lapeer County, Michigan
Property taxes in Lapeer County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Lapeer County is 0.37%, which is significantly lower than both the Michigan state median and the U.S. national median of 0.99%. Local government entities within Lapeer County set these rates annually, and they can vary significantly between different areas within the county. Each year, Lapeer 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. For comparison, the city of Imlay City has one of the higher property tax rates in Michigan at 0.60%, while the city of Attica boasts one of the lowest at 0.40%. Analyzing how Lapeer County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Lapeer County Tax Rate
0.37%
Average Michigan Tax Rate
1.07%
Average United States Tax Rate
0.99%
Property Tax Rates Across Lapeer County, Michigan
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Almont | 0.28% | 0.32% | 0.45% | 0.97% | 1.23% |
| Attica | 0.25% | 0.28% | 0.40% | 0.50% | 0.75% |
| Brown City | 0.24% | 0.29% | 0.31% | 0.38% | 0.46% |
| Capac | 0.28% | 0.35% | 0.47% | 0.68% | 0.76% |
| Clifford | 0.22% | 0.28% | 0.32% | 0.39% | 0.48% |
| Columbiaville | 0.26% | 0.29% | 0.32% | 0.39% | 0.46% |
| Davison | 0.26% | 0.30% | 0.32% | 0.34% | 0.43% |
| Dryden | 0.28% | 0.30% | 0.36% | 0.45% | 0.60% |
| Fostoria | 0.25% | 0.27% | 0.30% | 0.39% | 0.45% |
| Goodrich | 0.30% | 0.32% | 0.36% | 0.44% | 0.66% |
| Hadley | 0.27% | 0.29% | 0.32% | 0.35% | 0.40% |
| Imlay City | 0.38% | 0.43% | 0.60% | 1.09% | 1.58% |
| Lapeer | 0.25% | 0.29% | 0.35% | 0.49% | 0.83% |
| Marlette | 0.23% | 0.28% | 0.33% | 0.40% | 0.43% |
| Mayville | 0.27% | 0.29% | 0.33% | 0.41% | 0.47% |
| Metamora | 0.29% | 0.32% | 0.36% | 0.44% | 0.52% |
| North Branch | 0.25% | 0.28% | 0.33% | 0.42% | 0.80% |
| Ortonville | 0.32% | 0.35% | 0.60% | 0.76% | 0.95% |
| Otisville | N/A | N/A | N/A | N/A | N/A |
| Otter Lake | 0.25% | 0.28% | 0.32% | 0.38% | 0.47% |
| Oxford | 0.27% | 0.32% | 0.36% | 0.43% | 0.48% |
| Silverwood | 0.23% | 0.26% | 0.31% | 0.38% | 0.49% |
Source: Ownwell
Property Tax Assessment Values Across Lapeer County, Michigan
In Lapeer County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. 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 Lapeer 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 Lapeer 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 instance, Ortonville has the highest median tax bill at $1,598, while Clifford has the lowest at $372. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Lapeer County, Michigan
Source: Ownwell
$124,600
$223,600
$322,600
Average Lapeer County Assessed Value
$215,800
Average Michigan Assessed Value
$177,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Lapeer County, Michigan
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Almont | $94,440 | $172,400 | $263,200 | $351,600 | $453,280 |
| Attica | $93,120 | $163,200 | $241,400 | $325,400 | $421,200 |
| Brown City | $50,960 | $135,200 | $197,600 | $256,800 | $319,440 |
| Capac | $57,580 | $184,200 | $242,400 | $294,950 | $332,620 |
| Clifford | $51,080 | $75,300 | $124,600 | $180,100 | $262,240 |
| Columbiaville | $87,400 | $131,700 | $188,800 | $255,700 | $348,400 |
| Davison | $157,720 | $190,500 | $262,200 | $335,100 | $439,720 |
| Dryden | $143,180 | $203,000 | $292,800 | $391,750 | $538,660 |
| Fostoria | $73,560 | $120,200 | $176,000 | $238,800 | $319,600 |
| Goodrich | $172,800 | $233,600 | $303,400 | $391,200 | $514,800 |
| Hadley | $136,900 | $151,250 | $186,400 | $270,300 | $380,800 |
| Imlay City | $92,680 | $149,000 | $215,800 | $294,200 | $380,520 |
| Lapeer | $48,600 | $132,800 | $190,400 | $276,600 | $377,600 |
| Marlette | $54,120 | $117,300 | $160,600 | $215,900 | $303,320 |
| Mayville | $49,020 | $118,250 | $181,000 | $244,950 | $296,060 |
| Metamora | $60,440 | $188,000 | $295,200 | $430,400 | $615,960 |
| North Branch | $87,240 | $133,800 | $194,600 | $263,200 | $346,560 |
| Ortonville | $152,400 | $202,600 | $273,400 | $373,600 | $510,560 |
| Otisville | N/A | N/A | N/A | N/A | N/A |
| Otter Lake | $89,840 | $118,800 | $171,800 | $234,200 | $297,920 |
| Oxford | $55,560 | $186,600 | $322,800 | $530,800 | $738,120 |
| Silverwood | $66,000 | $101,900 | $146,800 | $205,500 | $289,200 |
Source: Ownwell
Property Tax Bills Across Lapeer County, Michigan
In Lapeer County, MI, property tax bills are calculated based on the assessed value of a home, which is typically set at 50% of the market value. The median home price in this region stands at $215,800. Property tax rates are applied to the assessed value to determine the annual tax bill. Factors influencing the tax bill include the property's location, with Ortonville having the highest median tax bill at $1,598, while Clifford residents enjoy the lowest median tax bill at $372. Homeowners in Lapeer County can expect their tax bills to vary significantly. For example, the tax bill at the 25th percentile is $533, whereas at the 75th percentile, it reaches $1,349, and at the 90th percentile, it climbs to $2,016. These variations impact homeowners' budgets, making it crucial to understand how local property taxes compare to the national median property tax rate of 0.99%. This knowledge helps homeowners plan and manage their financial responsibilities effectively.
Average Lapeer County Tax Bill
$858
Average Michigan Tax Bill
$1,795
Average United States Tax Bill
$2,690
Property Tax Bills Across Lapeer County, Michigan
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Almont | $521 | $909 | $1,378 | $1,987 | $2,780 |
| Attica | $350 | $591 | $899 | $1,324 | $1,889 |
| Brown City | $182 | $429 | $618 | $828 | $1,120 |
| Capac | $270 | $649 | $1,133 | $1,583 | $1,703 |
| Clifford | $156 | $249 | $372 | $596 | $962 |
| Columbiaville | $285 | $426 | $606 | $865 | $1,261 |
| Davison | $457 | $580 | $848 | $1,119 | $1,312 |
| Dryden | $532 | $802 | $1,101 | $1,555 | $2,274 |
| Fostoria | $245 | $373 | $532 | $785 | $1,063 |
| Goodrich | $621 | $847 | $1,105 | $1,738 | $2,406 |
| Hadley | $406 | $485 | $633 | $904 | $1,170 |
| Imlay City | $531 | $964 | $1,425 | $2,092 | $3,019 |
| Lapeer | $199 | $478 | $735 | $1,093 | $1,547 |
| Marlette | $173 | $403 | $539 | $677 | $955 |
| Mayville | $194 | $392 | $598 | $830 | $1,016 |
| Metamora | $437 | $769 | $1,176 | $1,714 | $2,509 |
| North Branch | $304 | $483 | $713 | $993 | $1,373 |
| Ortonville | $780 | $995 | $1,598 | $2,279 | $2,970 |
| Otisville | N/A | N/A | N/A | N/A | N/A |
| Otter Lake | $288 | $395 | $550 | $756 | $1,030 |
| Oxford | $232 | $643 | $1,195 | $1,933 | $2,808 |
| Silverwood | $182 | $301 | $468 | $684 | $958 |
Source: Ownwell