Marquette County, Michigan Property Taxes
The median property tax rate in Marquette County is 0.46%, 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 Marquette County at $155,200, the typical annual property tax bill is around $725, well below the national median of $2,690. Property taxes in Marquette County are calculated based on the assessed value, which often falls below the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding Marquette County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can lead to substantial annual savings. Whether you live in Marquette or another part of Marquette County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Marquette County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.46%
Estimate Property Tax Bill
$714
$662
Ownwell’s Marquette Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Marquette with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Marquette 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 Marquette County, Michigan
Property taxes in Marquette play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Marquette is 0.46%, which is lower than the U.S. national median of 0.99%. Local government entities within Marquette set these rates annually, and they can vary significantly between different areas within the county. Each year, Marquette 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 Marquette's effective property tax rate with other regions in Michigan and the national median. For comparison, the city of Negaunee has one of the higher property tax rates in Michigan at 0.76%, while the city of Deerton boasts one of the lowest at 0.41%. Analyzing how Marquette's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Marquette County Tax Rate
0.46%
Average Michigan Tax Rate
1.07%
Average United States Tax Rate
0.99%
Property Tax Rates Across Marquette County, Michigan
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arnold | 0.21% | 0.27% | 0.34% | 0.43% | 0.48% |
| Big Bay | 0.21% | 0.27% | 0.36% | 0.45% | 0.49% |
| Champion | 0.22% | 0.29% | 0.38% | 0.44% | 0.50% |
| Cornell | 0.17% | 0.25% | 0.36% | 0.44% | 0.50% |
| Deerton | N/A | N/A | N/A | N/A | N/A |
| Felch | 0.20% | 0.27% | 0.37% | 0.43% | 0.48% |
| Gwinn | 0.36% | 0.46% | 0.56% | 0.66% | 0.75% |
| Ishpeming | 0.23% | 0.31% | 0.38% | 0.45% | 0.50% |
| Little Lake | 0.34% | 0.45% | 0.56% | 0.66% | 0.75% |
| Marquette | 0.27% | 0.38% | 0.57% | 1.47% | 1.83% |
| Michigamme | 0.21% | 0.25% | 0.42% | 0.49% | 0.50% |
| National Mine | N/A | N/A | N/A | N/A | N/A |
| Negaunee | 0.38% | 0.54% | 0.76% | 0.91% | 1.20% |
| Palmer | 0.34% | 0.38% | 0.41% | 0.42% | 0.48% |
| Republic | 0.21% | 0.31% | 0.39% | 0.44% | 0.50% |
| Rock | 0.19% | 0.25% | 0.35% | 0.43% | 0.50% |
| Skandia | 0.25% | 0.30% | 0.38% | 0.47% | 0.50% |
| Utica | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Marquette County, Michigan
In Marquette 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 Marquette 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 Marquette 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 Marquette County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. Notably, Marquette has the highest median tax bill at $1,642, while Felch has the lowest at $202.
Property Tax Assessment Values Across Marquette County, Michigan
Source: Ownwell
$61,500
$138,250
$215,000
Average Marquette County Assessed Value
$155,200
Average Michigan Assessed Value
$177,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Marquette County, Michigan
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arnold | $38,720 | $50,850 | $79,350 | $111,250 | $167,370 |
| Big Bay | $64,580 | $105,350 | $201,800 | $314,300 | $505,020 |
| Champion | $31,260 | $56,200 | $101,600 | $162,050 | $252,020 |
| Cornell | $24,600 | $43,300 | $70,150 | $106,125 | $168,600 |
| Deerton | N/A | N/A | N/A | N/A | N/A |
| Felch | $16,600 | $34,050 | $65,100 | $91,650 | $127,060 |
| Gwinn | $38,400 | $65,600 | $107,600 | $179,850 | $264,180 |
| Ishpeming | $50,420 | $76,300 | $109,800 | $164,600 | $234,760 |
| Little Lake | $13,360 | $37,200 | $80,400 | $153,300 | $230,200 |
| Marquette | $74,140 | $153,000 | $215,000 | $294,200 | $434,720 |
| Michigamme | $28,200 | $61,700 | $129,500 | $233,500 | $349,000 |
| National Mine | N/A | N/A | N/A | N/A | N/A |
| Negaunee | $69,080 | $111,600 | $161,100 | $231,000 | $331,120 |
| Palmer | $41,580 | $51,600 | $61,500 | $70,550 | $81,680 |
| Republic | $27,800 | $46,000 | $84,600 | $141,750 | $221,700 |
| Rock | $27,740 | $47,575 | $78,700 | $126,800 | $188,750 |
| Skandia | $42,460 | $83,600 | $143,600 | $210,100 | $279,220 |
| Utica | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Marquette County, Michigan
In Marquette County, MI, property tax bills are calculated based on the assessed value of the property, which is typically 50% of its market value. For instance, with a median home price of $155,200, the assessed value would be approximately $77,600. The property tax rate is then applied to this assessed value to determine the tax bill. Factors influencing the tax bill include the property's location within the county, as different cities may have varying tax rates. For example, Marquette city has the highest median tax bill at $1,642, while Felch has the lowest at $202. Homeowners in Marquette County experience a range of tax bills, with the 25th percentile at $331 and the 75th percentile at $1,658, indicating significant variability based on property value and location. The 90th percentile tax bill reaches up to $3,369, reflecting higher-value properties. These property taxes contribute to essential local services such as schools, infrastructure, and emergency services, directly impacting the quality of life for residents.
Average Marquette County Tax Bill
$725
Average Michigan Tax Bill
$1,795
Average United States Tax Bill
$2,690
Property Tax Bills Across Marquette County, Michigan
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arnold | $80 | $151 | $245 | $458 | $667 |
| Big Bay | $176 | $326 | $735 | $1,210 | $2,006 |
| Champion | $90 | $188 | $358 | $588 | $936 |
| Cornell | $62 | $120 | $245 | $377 | $672 |
| Deerton | N/A | N/A | N/A | N/A | N/A |
| Felch | $45 | $114 | $202 | $349 | $508 |
| Gwinn | $166 | $319 | $590 | $1,008 | $1,524 |
| Ishpeming | $150 | $257 | $403 | $613 | $906 |
| Little Lake | $61 | $167 | $403 | $794 | $1,409 |
| Marquette | $264 | $718 | $1,642 | $3,231 | $4,948 |
| Michigamme | $109 | $225 | $433 | $881 | $1,450 |
| National Mine | N/A | N/A | N/A | N/A | N/A |
| Negaunee | $383 | $732 | $1,158 | $1,832 | $2,736 |
| Palmer | $162 | $204 | $248 | $292 | $338 |
| Republic | $95 | $155 | $289 | $516 | $911 |
| Rock | $68 | $143 | $247 | $442 | $664 |
| Skandia | $138 | $286 | $520 | $801 | $1,141 |
| Utica | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell