Harris, Michigan Property Taxes
The median property tax rate in Harris, MI is 0.31%, significantly lower than both the national median of 0.99% and the Michigan state median of 1.07%. With a median home value of $91,600 in Harris, the typical annual property tax bill amounts to $241, far below the national median of $2,690. Property taxes in Harris are determined based on the tax assessed value, which is often less than the market value due to various exemptions, such as those for primary residences and agricultural properties. Gaining a thorough understanding of Harris's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're situated in the heart of Harris or another part of Menominee County, comprehending the local property tax framework will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Harris, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.31%
Estimate Property Tax Bill
$284
Ownwell’s Harris Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Harris with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Harris 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 Harris, Michigan
Property taxes in Harris, Michigan, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Harris is 1.83%, significantly higher than both the Michigan state median of 1.54% and the U.S. national median of 0.99%. Local government entities within Harris set these rates annually, and they can vary significantly across different neighborhoods. Each year, Harris 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 Harris's effective property tax rate to other counties in Michigan and the national median. For comparison, the 49858 zip code has the highest median property tax rate of 1.83%, while the 49893 zip code has the lowest median tax rate of 0.31%. Understanding how these cities compare with Harris provides valuable insights into the varying tax landscape across Menominee, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Harris Tax Rate
0.31%
Average Menominee County Tax Rate
0.31%
Average Michigan Tax Rate
1.07%
Average United States Tax Rate
0.99%
Property Tax Rates Across Harris, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49845 | 0.15% | 0.22% | 0.31% | 0.38% | 0.43% |
Source: Ownwell
Property Tax Assessment Values Across Harris, Michigan
In Harris, 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 the Menominee County Appraisal District 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 Harris, 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. For example, the highest median tax bill in Harris is $241 in the zip code 49845. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Harris Assessed Value
$91,600
Average Menominee County Assessed Value
$92,200
Average Michigan Assessed Value
$177,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Harris, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49845 | $43,242 | $56,418 | $91,600 | $122,115 | $201,665 |
Source: Ownwell
Property Tax Bills Across Harris, Michigan
Property tax bills in Harris, Menominee County, Michigan, are calculated based on the assessed value of a property, which is typically a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Factors influencing the tax bill include the property's market value, any applicable exemptions, and the local tax rate. In Harris, the median home price is $91,600, with property tax bills ranging from $131 at the 25th percentile to $568 at the 90th percentile. This range reflects differences in property values and any exemptions homeowners might qualify for. The highest and lowest median tax bills in the area both stand at $241 in the zip code 49845, highlighting some level of uniformity in tax assessments within that region. Homeowners in Harris must budget for these property taxes, which can vary significantly based on the assessed value and local tax rates. Compared to the national median property tax rate of 0.99%, Harris provides a relatively affordable tax environment for its residents.
Average Harris Tax Bill
$241
Average Menominee County Tax Bill
$274
Average Michigan Tax Bill
$1,795
Average United States Tax Bill
$2,690
Property Tax Bills Across Harris, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49845 | $105 | $131 | $241 | $389 | $568 |
Source: Ownwell