Gregory, Livingston County, Michigan Property Taxes
Median Gregory, MI effective property tax rate: 0.87%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Gregory, MI home value: $245,400
Median annual Gregory, MI tax bill: $2,193, $207 lower than the national median property tax bill of $2,400.
How are property taxes in Livingston calculated?
Property taxes in Gregory, 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 Gregory’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Gregory, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Gregory, Livingston County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.87%
Estimate Property Tax Bill
$2,135
$1,981
Property Tax Rates Across Gregory, Livingston County, Michigan
Local government entities set tax rates, which can vary widely within a state. The reason for this variation is that 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. Although there are votes and laws involved in setting tax rates and budgets, this is essentially the annual process.
In Gregory, located in Livingston County, Michigan, the effective property tax rate is 0.87%. This rate is consistent with the highest and lowest rates in the state, highlighting a uniformity within this region of Michigan. When compared to the national median property tax rate of 1.02%, Gregory's rate is notably lower, offering potential savings for property owners. Additionally, the national median property tax bill is $2,400, which suggests that Gregory residents could benefit from lower property tax bills compared to the national average. This comparison underscores the potential advantages for homeowners in Gregory and Livingston County, making it an appealing location for those looking to manage property tax expenses effectively.
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 Gregory Tax Rate
0.87%
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 Livingston County Tax Rate
0.91%
Median Effective Michigan Tax Rate
1.07%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Gregory, Livingston County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48137 | 0.69% | 0.79% | 0.87% | 1.10% | 1.37% |
Source: Ownwell
Property Tax Assessment Values Across Gregory, Livingston County, Michigan
When examining property taxes in Gregory, 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 Livingston 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 Livingston 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 Gregory.
For example, the median home price in Gregory is $245,400, with tax bills ranging significantly across the county. Zip code 48137 has the highest median home price at $245,400.
Property Tax Assessment Values Across Gregory, Livingston County, Michigan
Source: Ownwell
$181,400
$324,900
$468,400
Median Gregory Market Value
$245,400
Median Livingston County Market Value
$315,781
Median Michigan Market Value
$177,800
Median United States Market Value
$235,294
Property Tax Assessment Values Across Gregory, Livingston County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48137 | $112,840 | $170,000 | $245,400 | $320,200 | $389,060 |
Source: Ownwell
Property Tax Bills Across Gregory, Livingston County, Michigan
In Gregory, located in Livingston County, MI, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The median home price in this area is $245,400, and local tax rates are applied to determine the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value, impacting the final tax bill. Homeowners in Gregory face a median property tax bill of $2,193, which is slightly below the national median of $2,400. However, tax bills can vary significantly, with the 25th percentile at $1,579 and the 90th percentile reaching $3,684.
For homeowners looking to reduce their property tax burden, Ownwell offers expert property tax appeal services. By analyzing your property's assessed value and comparing it to similar properties, Ownwell can identify discrepancies and potential savings. This targeted approach ensures homeowners pay only their fair share, potentially saving hundreds or even thousands on their annual property tax bills.
Median Gregory Tax Bill
$2,193
Median Livingston County Tax Bill
$2,949
Median Michigan Tax Bill
$1,795
Median United States Tax Bill
$2,400
Property Tax Bills Across Gregory, Livingston County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48137 | $995 | $1,579 | $2,193 | $2,868 | $3,684 |
Source: Ownwell