Blissfield, Michigan Property Taxes
The median property tax rate in Blissfield, MI is 0.97%, slightly lower than the national median of 0.99% and the Michigan state median of 1.07%. With the median home value in Blissfield at $177,200, the typical annual property tax bill is $1,729, which falls below the national median of $2,690. Property taxes in Blissfield are determined based on the tax assessed value, which is often less than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Blissfield's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Blissfield or another part of Lenawee County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Blissfield, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.97%
Estimate Property Tax Bill
$1,719
Ownwell’s Blissfield Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Blissfield with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Blissfield to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Blissfield, Michigan
Property taxes in Blissfield, Michigan, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Blissfield is 0.97%, slightly lower than the U.S. national median of 0.99%. Local government entities within Blissfield set these rates annually, and they can vary significantly across different neighborhoods. Each year, Blissfield estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Blissfield's effective property tax rate to other areas in Lenawee County and the national median. For comparison, the 49228 zip code has the highest median property tax rate of 0.97%, while the same zip code also has the lowest median tax rate of 0.97%. Understanding how these areas compare with Blissfield provides valuable insights into the varying tax landscape across Lenawee County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Blissfield Tax Rate
0.97%
Average Lenawee County Tax Rate
1.14%
Average Michigan Tax Rate
1.07%
Average United States Tax Rate
0.99%
Property Tax Rates Across Blissfield, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49228 | 0.73% | 0.85% | 0.97% | 1.09% | 1.38% |
Source: Ownwell
Property Tax Assessment Values Across Blissfield, Michigan
In Blissfield, Michigan, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by Lenawee County for tax purposes. In contrast, the assessed value 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. In Blissfield, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Blissfield helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Blissfield, the median property tax bill is $1,729, which is significantly lower than the national median property tax rate of 0.99%. The zip code 49228 has the highest and lowest median tax bill of $1,729.
Average Blissfield Assessed Value
$177,200
Average Lenawee County Assessed Value
$168,800
Average Michigan Assessed Value
$177,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Blissfield, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49228 | $97,980 | $132,200 | $177,200 | $240,600 | $340,100 |
Source: Ownwell
Property Tax Bills Across Blissfield, Michigan
In Blissfield, property tax bills are calculated based on the assessed value of a home, which is determined by Lenawee County. The assessed value typically represents 50% of the property's market value. For instance, with a median home price of $177,200, the assessed value would be around $88,600. The local tax rate is then applied to this assessed value to determine the annual tax bill. Several factors influence the total tax bill, including the property's location, any applicable exemptions, and local tax levies. Homeowners in Blissfield can expect a wide range of tax bills, from the 25th percentile at $1,322 to the 90th percentile at $3,336. This variation highlights how individual property characteristics and local tax rates can significantly impact the final amount. Compared to the national median property tax rate of 0.99%, Blissfield's property tax rates offer a unique perspective on how local tax policies affect homeowners, making it crucial for residents to understand their specific tax obligations.
Average Blissfield Tax Bill
$1,729
Average Lenawee County Tax Bill
$2,184
Average Michigan Tax Bill
$1,795
Average United States Tax Bill
$2,690
Property Tax Bills Across Blissfield, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49228 | $998 | $1,322 | $1,729 | $2,401 | $3,336 |
Source: Ownwell