Muskegon County Property Taxes
The median property tax rate in Muskegon is 0.47%, 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 Muskegon, the typical annual property tax bill reaches $841, which is well below the national median of $2,690. Property taxes in Muskegon are calculated based on the tax assessed value, which typically falls below the actual market value due to various property tax exemptions, such as the primary residence and agricultural exemptions. Understanding Muskegon's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Muskegon or another part of the county, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Muskegon County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.47%
Estimate Property Tax Bill
$766
$711
Ownwell’s Muskegon Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Muskegon with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Muskegon 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 Muskegon County, Michigan
Property taxes in Muskegon play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Muskegon is 0.47%, which is lower than both the Michigan state median of 1.62% and the U.S. national median of 0.99%. Local government entities within Muskegon set these rates annually, and they can vary significantly between different areas within the county. Each year, Muskegon 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. For comparison, the city of Montague has one of the higher property tax rates in Michigan at 1.20%, while the city of Nunica boasts one of the lowest at 0.40%. Analyzing how Muskegon's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Muskegon County Tax Rate
0.47%
Average Michigan Tax Rate
1.07%
Average United States Tax Rate
0.99%
Property Tax Rates Across Muskegon County, Michigan
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Bailey | 0.27% | 0.32% | 0.38% | 0.50% | 0.59% |
Casnovia | 0.42% | 0.59% | 0.71% | 0.94% | 1.27% |
Conklin | 0.30% | 0.31% | 0.38% | 0.40% | 0.46% |
Coopersville | 0.31% | 0.35% | 0.39% | 0.43% | 0.52% |
Fremont | 0.30% | 0.32% | 0.40% | 0.51% | 0.52% |
Fruitport | 0.33% | 0.61% | 0.84% | 0.98% | 1.17% |
Grant | 0.33% | 0.34% | 0.44% | 0.52% | 0.58% |
Holton | 0.31% | 0.35% | 0.39% | 0.47% | 0.53% |
Kent City | 0.52% | 0.59% | 0.66% | 0.77% | 1.05% |
Montague | 0.36% | 0.51% | 1.20% | 1.69% | 2.31% |
Muskegon | 0.28% | 0.33% | 0.40% | 0.59% | 1.43% |
North Muskegon | 0.37% | 0.39% | 0.49% | 0.55% | 0.62% |
Norton Shores | 0.85% | 0.94% | 1.07% | 1.27% | 1.48% |
Nunica | 0.30% | 0.33% | 0.40% | 0.62% | 0.97% |
Ravenna | 0.30% | 0.34% | 0.43% | 0.58% | 0.77% |
Rothbury | 0.40% | 0.42% | 0.45% | 0.48% | 0.49% |
Spring Lake | 0.66% | 0.77% | 0.84% | 0.97% | 1.14% |
Twin Lake | 0.31% | 0.35% | 0.40% | 0.50% | 0.59% |
Whitehall | 0.33% | 0.37% | 0.45% | 0.86% | 1.14% |
Source: Ownwell
Property Tax Assessment Values Across Muskegon County, Michigan
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Muskegon. 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 Muskegon 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 Muskegon 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 Muskegon will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Muskegon, the highest median tax bill is in Norton Shores at $2,215, while the lowest is in Holton at $566.
Property Tax Assessment Values Across Muskegon County, Michigan
Source: Ownwell
$62,400
$178,450
$294,500
Average Muskegon County Assessed Value
$163,000
Average Michigan Assessed Value
$177,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Muskegon County, Michigan
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Bailey | $118,980 | $155,650 | $214,100 | $298,550 | $370,660 |
Casnovia | $111,240 | $143,900 | $201,800 | $274,000 | $373,900 |
Conklin | $150,600 | $166,600 | $188,300 | $252,650 | $318,600 |
Coopersville | $133,380 | $170,450 | $209,800 | $255,750 | $367,680 |
Fremont | $51,000 | $109,200 | $185,400 | $194,600 | $218,880 |
Fruitport | $139,800 | $183,500 | $243,000 | $300,000 | $388,800 |
Grant | $65,920 | $223,600 | $294,500 | $326,050 | $352,600 |
Holton | $59,000 | $95,000 | $142,800 | $210,000 | $294,100 |
Kent City | $206,920 | $244,000 | $258,500 | $293,900 | $440,720 |
Montague | $38,400 | $128,150 | $184,400 | $275,100 | $471,520 |
Muskegon | $36,000 | $76,200 | $134,200 | $204,600 | $291,600 |
North Muskegon | $128,800 | $151,800 | $179,600 | $227,200 | $247,400 |
Norton Shores | $109,560 | $150,800 | $201,200 | $294,000 | $430,120 |
Nunica | $154,640 | $195,700 | $246,800 | $355,100 | $455,400 |
Ravenna | $105,940 | $146,200 | $199,200 | $260,050 | $342,400 |
Rothbury | $33,680 | $84,200 | $87,800 | $244,600 | $301,480 |
Spring Lake | $149,100 | $187,250 | $228,300 | $318,700 | $668,040 |
Twin Lake | $40,200 | $108,200 | $176,400 | $255,000 | $336,800 |
Whitehall | $113,200 | $155,800 | $225,000 | $334,500 | $498,500 |
Source: Ownwell
Property Tax Bills Across Muskegon County, Michigan
In Muskegon County, MI, property tax bills are calculated based on the assessed value of a home, which is typically 50% of its market value. For instance, a home with a median price of $163,000 would have an assessed value of approximately $81,500. The local tax rate is then applied to this assessed value to determine the tax bill. Several factors influence the final tax bill, including the specific tax rates set by local municipalities and any applicable exemptions or deductions. Homeowners in Muskegon County experience a range of property tax bills, with the 25th percentile at $457 and the 75th percentile at $1,619. The top 10% of property tax bills can reach up to $2,769. Comparatively, the national median property tax rate is 0.99%, which can help homeowners gauge how their local rates measure up. For example, Norton Shores has the highest median tax bill in the county at $2,215, while Holton has the lowest at $566. These variations significantly impact homeowners' financial planning and the affordability of maintaining their properties.
Average Muskegon County Tax Bill
$841
Average Michigan Tax Bill
$1,795
Average United States Tax Bill
$2,690
Property Tax Bills Across Muskegon County, Michigan
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Bailey | $412 | $607 | $858 | $1,260 | $1,783 |
Casnovia | $689 | $1,086 | $1,464 | $2,175 | $2,820 |
Conklin | $512 | $560 | $650 | $1,022 | $1,199 |
Coopersville | $488 | $615 | $845 | $1,020 | $1,633 |
Fremont | $217 | $547 | $587 | $848 | $949 |
Fruitport | $719 | $1,217 | $1,916 | $2,707 | $3,498 |
Grant | $324 | $859 | $1,000 | $1,403 | $1,623 |
Holton | $225 | $362 | $566 | $865 | $1,253 |
Kent City | $1,460 | $1,651 | $1,803 | $2,345 | $2,884 |
Montague | $399 | $755 | $1,839 | $3,062 | $5,869 |
Muskegon | $214 | $354 | $604 | $995 | $1,609 |
North Muskegon | $586 | $654 | $767 | $995 | $1,398 |
Norton Shores | $1,111 | $1,597 | $2,215 | $3,386 | $5,130 |
Nunica | $587 | $786 | $1,078 | $1,672 | $3,021 |
Ravenna | $416 | $595 | $877 | $1,302 | $1,864 |
Rothbury | $383 | $392 | $670 | $1,132 | $1,470 |
Spring Lake | $1,230 | $1,527 | $2,042 | $2,889 | $5,226 |
Twin Lake | $231 | $473 | $791 | $1,151 | $1,580 |
Whitehall | $528 | $805 | $1,228 | $1,879 | $2,910 |
Source: Ownwell