Maybee, Monroe County, Michigan Property Taxes

Name: Property Tax Bills Across Maybee, Monroe County, Michigan
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Maybee, MI effective property tax rate: 1.11%, significantly higher than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Maybee, MI home value: $181,600
Median annual Maybee, MI tax bill: $2,119, $281 lower than the national median property tax bill of $2,400.

How are property taxes in Monroe County calculated?

Property taxes in Maybee, 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 Maybee’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Maybee, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Maybee, Monroe County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.11%

Estimate Property Tax Bill

$2,016

$1,871

Ownwell’s Maybee Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Maybee with just two data points. By entering your property's estimated assessed value, our calculator applies Maybee’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Monroe County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Maybee, Monroe County, Michigan

Local government entities determine tax rates, which can vary significantly within a state. Annually, each county 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. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Maybee’s effective property tax rate to other cities in Michigan and the median property tax rates in Michigan and the U.S.

The effective property tax rate in Maybee, located in Monroe County, is 1.11%. This is slightly above the national median property tax rate of 1.02%. For residents, this means that the property tax bill could be higher than the national median property tax bill of $2,400, depending on the assessed value of their property. Understanding these rates can help property owners in Maybee make informed decisions about their property taxes and explore potential savings through appeals or exemptions.

Property Tax Rates Across Maybee, Monroe County, Michigan

Source: Ownwell

0.90%

1.25%

1.60%

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 Maybee Tax Rate

1.11%

Median Effective Monroe County Tax Rate

1.21%

Median Effective Michigan Tax Rate

1.07%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Maybee, Monroe County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
48159	0.82%	0.95%	1.11%	1.36%	1.68%

Source: Ownwell

Property Tax Assessment Values Across Maybee, Monroe County, Michigan

When examining property taxes in Maybee, 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 Monroe 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 Monroe County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Maybee.

For example, the median home price in Maybee is $181,600, with tax bills ranging significantly across the county. Zip code 48159 has the highest median home price at $181,600.

Property Tax Assessment Values Across Maybee, Monroe County, Michigan

Source: Ownwell

$112,800

$175,400

$238,000

Median Maybee Market Value

$181,600

Median Monroe County Market Value

$165,800

Median Michigan Market Value

$177,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across Maybee, Monroe County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
48159	$87,370	$128,350	$181,600	$250,300	$329,020

Source: Ownwell

Property Tax Bills Across Maybee, Monroe County, Michigan

In Maybee, located in Monroe County, MI, property tax bills are determined based on the assessed value of a property, which is typically a percentage of the market value. The local tax rate is then applied to this assessed value to calculate the tax bill. With a median home price of $181,600, property owners in Maybee can expect a tax bill around the national median of $2,400, with actual bills ranging from $1,495 at the 25th percentile to $3,821 at the 90th percentile. This variability means that homeowners might pay more or less than the national median, depending on their property's assessed value and specific tax rate. High property taxes can significantly impact homeowners, making it crucial to ensure accuracy in assessments. Ownwell assists homeowners by reviewing property assessments and identifying potential discrepancies. By appealing incorrect assessments, Ownwell can help reduce tax bills, ensuring homeowners only pay their fair share. This service is particularly beneficial in areas like Maybee, where tax bills can vary widely.

Property Tax Bills Across Maybee, Monroe County, Michigan

Source: Ownwell

$1,658

$2,415

$3,172

Median Maybee Tax Bill

$2,119

Median Monroe County Tax Bill

$2,179

Median Michigan Tax Bill

$1,795

Median United States Tax Bill

$2,400

Property Tax Bills Across Maybee, Monroe County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
48159	$991	$1,495	$2,119	$2,885	$3,821

Source: Ownwell