Manistee County, Michigan Property Taxes
The median property tax rate in Manistee County is 1.18%, which is higher than both the national median of 0.99% and the Michigan state median of 1.07%. With the median home value in Manistee County at $141,200, the typical annual property tax bill reaches $1,612, which is lower than the national median of $2,690. Property taxes in Manistee County are calculated based on the tax assessed value, which is often lower than the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Manistee County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Manistee or another part of Manistee County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Manistee County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.18%
Estimate Property Tax Bill
$1,666
$1,546
Ownwell’s Manistee Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Manistee with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Manistee 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 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 Manistee County, Michigan
Property taxes in Manistee County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Manistee County is 1.18%, which is higher than the U.S. national median of 0.99%. Local government entities within Manistee County set these rates annually, and they can vary significantly between different areas within the county. Each year, Manistee 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. The following data compares Manistee County's effective property tax rate with other counties in Michigan and the national median. For comparison, the city of Harrietta has one of the higher property tax rates in Michigan at 1.41%, while the city of Benzonia boasts one of the lowest at 0.57%. Analyzing how Manistee County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Manistee County Tax Rate
1.18%
Average Michigan Tax Rate
1.07%
Average United States Tax Rate
0.99%
Property Tax Rates Across Manistee County, Michigan
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arcadia | 0.68% | 0.84% | 1.12% | 1.53% | 1.93% |
| Bear Lake | 0.62% | 0.77% | 0.97% | 1.33% | 1.69% |
| Benzonia | N/A | N/A | N/A | N/A | N/A |
| Brethren | 0.79% | 0.95% | 1.22% | 1.64% | 2.05% |
| Copemish | 0.52% | 0.64% | 0.88% | 1.28% | 1.62% |
| Eastlake | 0.97% | 1.16% | 1.27% | 1.49% | 1.93% |
| Filer City | 0.75% | 0.81% | 0.91% | 1.12% | 1.20% |
| Free Soil | 0.81% | 0.88% | 1.05% | 1.22% | 1.68% |
| Harrietta | 0.98% | 1.09% | 1.41% | 1.71% | 1.93% |
| Irons | 0.92% | 1.10% | 1.33% | 1.74% | 2.06% |
| Kaleva | 0.59% | 0.78% | 1.01% | 1.36% | 1.70% |
| Manistee | 0.82% | 0.99% | 1.27% | 1.69% | 2.17% |
| Mesick | 0.47% | 0.55% | 0.80% | 1.10% | 1.27% |
| Onekama | 0.78% | 0.96% | 1.30% | 1.80% | 2.30% |
| Thompsonville | 0.48% | 0.61% | 0.83% | 1.22% | 1.52% |
| Wellston | 0.88% | 1.04% | 1.34% | 1.70% | 2.04% |
Source: Ownwell
Property Tax Assessment Values Across Manistee County, Michigan
In Manistee 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 Manistee 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 Manistee 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. Being aware of these valuation processes in Manistee County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Manistee County, Arcadia has the highest median tax bill at $2,446, while Filer City has the lowest at $708.
Property Tax Assessment Values Across Manistee County, Michigan
Source: Ownwell
$75,800
$148,800
$221,800
Average Manistee County Assessed Value
$141,200
Average Michigan Assessed Value
$177,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Manistee County, Michigan
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arcadia | $100,100 | $135,350 | $221,800 | $447,450 | $650,920 |
| Bear Lake | $52,000 | $95,800 | $177,800 | $282,800 | $420,000 |
| Benzonia | N/A | N/A | N/A | N/A | N/A |
| Brethren | $35,400 | $59,150 | $105,300 | $177,250 | $252,400 |
| Copemish | $46,200 | $74,500 | $131,000 | $212,600 | $301,920 |
| Eastlake | $49,000 | $81,200 | $100,400 | $127,900 | $159,000 |
| Filer City | $48,840 | $68,200 | $75,800 | $82,500 | $93,280 |
| Free Soil | $71,860 | $90,100 | $175,600 | $302,700 | $394,580 |
| Harrietta | $27,240 | $49,600 | $88,000 | $134,800 | $213,440 |
| Irons | $34,900 | $54,350 | $79,800 | $157,450 | $208,600 |
| Kaleva | $51,280 | $80,700 | $120,600 | $186,100 | $258,160 |
| Manistee | $69,200 | $101,600 | $148,000 | $224,950 | $336,600 |
| Mesick | $34,760 | $81,350 | $170,600 | $236,450 | $360,400 |
| Onekama | $41,600 | $115,400 | $209,000 | $345,000 | $596,480 |
| Thompsonville | $51,880 | $99,500 | $177,000 | $288,800 | $401,200 |
| Wellston | $27,400 | $45,600 | $76,200 | $120,850 | $180,320 |
Source: Ownwell
Property Tax Bills Across Manistee County, Michigan
In Manistee County, MI, property tax bills are calculated based on the assessed value of a property, which is typically determined as a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Homeowners in Manistee County experience a range of property tax bills, with the median home price at $141,200. The 25th percentile of tax bills stands at $991, while the 75th percentile reaches $2,635, and the 90th percentile soars to $4,484. Factors influencing these tax bills include the property's location, size, and market conditions. For instance, Arcadia has the highest median tax bill at $2,446, whereas Filer City has the lowest at $708. Compared to the national median property tax rate of 0.99%, Manistee County's tax bills can vary significantly, impacting homeowners' financial planning and property affordability. Understanding these factors helps homeowners anticipate their tax obligations and manage their budgets effectively.
Average Manistee County Tax Bill
$1,612
Average Michigan Tax Bill
$1,795
Average United States Tax Bill
$2,690
Property Tax Bills Across Manistee County, Michigan
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arcadia | $1,052 | $1,551 | $2,446 | $4,833 | $8,176 |
| Bear Lake | $539 | $953 | $1,653 | $2,754 | $4,601 |
| Benzonia | N/A | N/A | N/A | N/A | N/A |
| Brethren | $492 | $799 | $1,262 | $1,914 | $2,806 |
| Copemish | $471 | $703 | $1,138 | $1,719 | $2,385 |
| Eastlake | $650 | $974 | $1,322 | $1,761 | $2,321 |
| Filer City | $388 | $574 | $708 | $840 | $1,006 |
| Free Soil | $763 | $1,010 | $1,685 | $3,977 | $4,916 |
| Harrietta | $334 | $702 | $1,034 | $1,718 | $2,210 |
| Irons | $557 | $694 | $1,024 | $1,959 | $3,261 |
| Kaleva | $538 | $802 | $1,179 | $1,768 | $2,776 |
| Manistee | $849 | $1,264 | $1,845 | $2,918 | $4,812 |
| Mesick | $424 | $669 | $1,192 | $1,849 | $2,493 |
| Onekama | $508 | $1,296 | $2,439 | $4,561 | $7,859 |
| Thompsonville | $397 | $727 | $1,433 | $2,564 | $4,033 |
| Wellston | $379 | $605 | $994 | $1,574 | $2,346 |
Source: Ownwell