Midland County, Michigan Property Taxes
The median property tax rate in Midland County is 0.54%, 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 Midland County at $158,800, the typical annual property tax bill reaches $1,273, considerably below the national median of $2,690. Property taxes in Midland County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Midland 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 Midland or another part of Midland County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Midland County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.54%
Estimate Property Tax Bill
$858
$796
Ownwell’s Midland Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Midland with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Midland 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 Midland County, Michigan
Property taxes in Midland County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Midland County is 0.54%, which is lower than both the Michigan state median and the U.S. national median of 0.99%. Local government entities within Midland County set these rates annually, and they can vary significantly between different areas within the county. Each year, Midland 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 Midland County's effective property tax rate with other counties in Michigan and the national median. For comparison, the city of Midland has one of the higher property tax rates in Michigan at 1.24%, while the city of Edenville boasts one of the lowest at 0.41%. Analyzing how Midland County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Midland County Tax Rate
0.54%
Average Michigan Tax Rate
1.07%
Average United States Tax Rate
0.99%
Property Tax Rates Across Midland County, Michigan
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Beaverton | 0.29% | 0.33% | 0.39% | 0.47% | 0.55% |
| Breckenridge | 0.28% | 0.31% | 0.35% | 0.41% | 0.50% |
| Coleman | 0.31% | 0.37% | 0.43% | 0.55% | 1.11% |
| Edenville | 0.34% | 0.38% | 0.41% | 0.48% | 0.53% |
| Freeland | 0.35% | 0.39% | 0.42% | 0.46% | 0.54% |
| Hemlock | 0.32% | 0.38% | 0.42% | 0.45% | 0.50% |
| Hope | 0.33% | 0.36% | 0.43% | 0.51% | 0.54% |
| Merrill | 0.30% | 0.38% | 0.45% | 0.48% | 0.50% |
| Midland | 0.42% | 0.48% | 1.24% | 1.42% | 1.58% |
| Mount Pleasant | 0.33% | 0.40% | 0.46% | 0.52% | 0.55% |
| Rhodes | 0.31% | 0.39% | 0.42% | 0.45% | 0.50% |
| Saint Louis | 0.29% | 0.34% | 0.38% | 0.43% | 0.51% |
| Sanford | 0.37% | 0.43% | 0.47% | 0.53% | 0.55% |
| Shepherd | 0.32% | 0.39% | 0.44% | 0.51% | 0.54% |
| Wheeler | 0.25% | 0.29% | 0.33% | 0.38% | 0.45% |
Source: Ownwell
Property Tax Assessment Values Across Midland County, Michigan
In Midland 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 Midland 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 Midland 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 Midland County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Midland, the city with the highest median tax bill is Midland at $1,724, while Mount Pleasant has the lowest at $328.
Property Tax Assessment Values Across Midland County, Michigan
Source: Ownwell
$77,200
$126,100
$175,000
Average Midland County Assessed Value
$158,800
Average Michigan Assessed Value
$177,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Midland County, Michigan
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Beaverton | $51,080 | $80,600 | $152,200 | $245,700 | $316,260 |
| Breckenridge | $46,060 | $85,400 | $140,000 | $216,350 | $322,580 |
| Coleman | $48,740 | $82,100 | $124,000 | $186,800 | $261,840 |
| Edenville | $73,800 | $104,100 | $156,300 | $212,750 | $320,960 |
| Freeland | $77,200 | $118,400 | $157,000 | $214,200 | $337,600 |
| Hemlock | $89,760 | $133,600 | $174,200 | $235,600 | $377,280 |
| Hope | $53,660 | $91,250 | $144,200 | $221,000 | $312,980 |
| Merrill | $82,400 | $119,300 | $170,500 | $257,650 | $396,220 |
| Midland | $89,800 | $118,800 | $168,000 | $248,400 | $373,600 |
| Mount Pleasant | $25,960 | $49,700 | $77,200 | $122,400 | $202,200 |
| Rhodes | $60,480 | $97,600 | $174,200 | $248,150 | $305,120 |
| Saint Louis | $45,080 | $70,500 | $113,000 | $202,700 | $329,840 |
| Sanford | $22,260 | $74,800 | $136,300 | $214,650 | $303,340 |
| Shepherd | $33,280 | $56,700 | $97,800 | $180,300 | $260,600 |
| Wheeler | $54,780 | $91,150 | $136,400 | $215,050 | $416,040 |
Source: Ownwell
Property Tax Bills Across Midland County, Michigan
In Midland 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 local tax rate is applied to this assessed value to determine the tax bill. Various factors, such as property location and any applicable exemptions, also influence the final tax amount. For example, the median home price in Midland County is $158,800. Homeowners here can expect a range of tax bills, with the 25th percentile at $620 and the 75th percentile at $2311. The 90th percentile tax bill reaches up to $3707, reflecting higher-valued properties or fewer exemptions. Comparatively, Midland city has the highest median tax bill at $1724, while Mount Pleasant has the lowest at $328. These variations significantly impact homeowners, influencing their financial planning and the overall affordability of their properties. Understanding these factors can help homeowners better anticipate and manage their property tax obligations.
Average Midland County Tax Bill
$1,273
Average Michigan Tax Bill
$1,795
Average United States Tax Bill
$2,690
Property Tax Bills Across Midland County, Michigan
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Beaverton | $181 | $300 | $568 | $996 | $1,476 |
| Breckenridge | $185 | $306 | $531 | $790 | $1,156 |
| Coleman | $222 | $397 | $648 | $977 | $1,370 |
| Edenville | $342 | $448 | $741 | $973 | $1,245 |
| Freeland | $303 | $490 | $689 | $972 | $1,492 |
| Hemlock | $300 | $512 | $741 | $987 | $1,389 |
| Hope | $232 | $399 | $616 | $933 | $1,388 |
| Merrill | $351 | $481 | $742 | $1,099 | $1,624 |
| Midland | $507 | $938 | $1,724 | $2,789 | $4,253 |
| Mount Pleasant | $119 | $213 | $328 | $532 | $1,002 |
| Rhodes | $219 | $411 | $696 | $1,033 | $1,350 |
| Saint Louis | $180 | $270 | $428 | $755 | $1,207 |
| Sanford | $103 | $328 | $631 | $1,006 | $1,512 |
| Shepherd | $157 | $254 | $444 | $743 | $1,152 |
| Wheeler | $195 | $271 | $517 | $757 | $1,421 |
Source: Ownwell