Onsted, Lenawee County, Michigan Property Taxes

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

Median Onsted, MI effective property tax rate: 1.25%, significantly higher than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Onsted, MI home value: $203,200
Median annual Onsted, MI tax bill: $2,650, $250 higher than the national median property tax bill of $2,400.

How are property taxes in Lenawee County calculated?

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

Last Updated March 1, 2025

Onsted, Lenawee County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.25%

Estimate Property Tax Bill

$2,540

$2,357

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

Property Tax Rates Across Onsted, Lenawee County, Michigan

Local government entities set tax rates, which can vary widely within a state. Annually, each county 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, in a nutshell, this is the annual process.

In Onsted, Lenawee County, the effective property tax rate is a reflection of these local budgetary needs and property values. Compared to the national median property tax rate of 1.02%, Onsted's rate is notably higher. This suggests that property owners in Onsted might experience a larger financial obligation than the national average. However, the rate aligns with Michigan's median, indicating a consistency within the state. For property owners, understanding these rates is crucial, as they directly impact annual tax bills and overall property costs. By staying informed, residents can better manage their finances and potentially explore opportunities for tax appeals or exemptions.

Property Tax Rates Across Onsted, Lenawee County, Michigan

Source: Ownwell

0.91%

1.93%

2.94%

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 Onsted Tax Rate

1.25%

Median Effective Lenawee County Tax Rate

1.14%

Median Effective Michigan Tax Rate

1.07%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Onsted, Lenawee County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
49265	0.92%	1.11%	1.25%	1.37%	2.13%

Source: Ownwell

Property Tax Assessment Values Across Onsted, Lenawee County, Michigan

When examining property taxes in Onsted, 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 Lenawee 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 Lenawee 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 Onsted. For example, the median home price in Onsted is $203,200, with tax bills ranging significantly across the county. 49265 has the highest median home price at $203,200.

Property Tax Assessment Values Across Onsted, Lenawee County, Michigan

Source: Ownwell

$69,300

$158,150

$247,000

Median Onsted Market Value

$203,200

Median Lenawee County Market Value

$168,800

Median Michigan Market Value

$177,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across Onsted, Lenawee County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
49265	$89,200	$137,200	$203,200	$324,400	$490,600

Source: Ownwell

Property Tax Bills Across Onsted, Lenawee County, Michigan

In Onsted, located in Lenawee County, MI, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value, determining the total tax bill. Factors such as local government budgets, school funding, and public services influence the tax rate and, consequently, the homeowner's bill. In Onsted, the tax bill ranges from the 25th percentile at $1,806 to the 90th percentile at $6,306, with a median tax bill of $2,650, slightly above the national median of $2,400. This can significantly impact homeowners, especially those with fixed incomes or rising home values. Ownwell can assist homeowners by identifying potential savings through property tax appeals. By analyzing property assessments and ensuring they are fair and accurate, Ownwell helps reduce tax liabilities, potentially saving homeowners a considerable amount on their annual property tax bills.

Property Tax Bills Across Onsted, Lenawee County, Michigan

Source: Ownwell

$761

$1,706

$2,650

Median Onsted Tax Bill

$2,650

Median Lenawee County Tax Bill

$2,184

Median Michigan Tax Bill

$1,795

Median United States Tax Bill

$2,400

Property Tax Bills Across Onsted, Lenawee County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
49265	$1,173	$1,806	$2,650	$4,164	$6,306

Source: Ownwell