Whitehall, Michigan Property Taxes
The median property tax rate in Whitehall, MI is 0.45%, considerably lower than both the national median of 0.99% and the Michigan state median of 1.07%. With the median home value in Whitehall, the typical annual property tax bill reaches $1,228, well below the national median of $2,690. Property taxes in Whitehall are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Whitehall's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Whitehall or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Whitehall, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.45%
Estimate Property Tax Bill
$1,013
Ownwell’s Whitehall Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Whitehall with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Whitehall 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 Whitehall, Michigan
Property taxes in Whitehall, Michigan, are critical for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Whitehall is 0.45%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within Whitehall set these rates annually, and they can vary across different neighborhoods. Each year, Whitehall 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 Whitehall's effective property tax rate to other counties in Michigan and the national median. For comparison, the zip code 49461 has both the highest and lowest median property tax rate of 0.45%. Understanding how these cities compare with Whitehall provides valuable insights into the varying tax landscape across Muskegon County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Whitehall Tax Rate
0.45%
Average Muskegon County Tax Rate
0.47%
Average Michigan Tax Rate
1.07%
Average United States Tax Rate
0.99%
Property Tax Rates Across Whitehall, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49461 | 0.33% | 0.37% | 0.45% | 0.86% | 1.14% |
Source: Ownwell
Property Tax Assessment Values Across Whitehall, Michigan
In Whitehall, 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 Muskegon 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 Whitehall, 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. Being aware of these valuation processes in Whitehall helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 49461 has both the highest and lowest median tax bills, each standing at $1,228.
Average Whitehall Assessed Value
$225,000
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 Whitehall, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49461 | $113,200 | $155,800 | $225,000 | $334,500 | $498,500 |
Source: Ownwell
Property Tax Bills Across Whitehall, Michigan
In Whitehall, MI, property tax bills are calculated based on the assessed value of a home, which is typically set at approximately 50% of its market value. For example, with a median home price of $225,000, the assessed value would be around $112,500. The property tax rate in Muskegon County, where Whitehall is located, then applies to this assessed value to determine the annual tax bill. Homeowners in Whitehall can expect their tax bills to vary significantly. The 25th percentile tax bill is around $805, while the 75th percentile tax bill reaches $1,879, and the 90th percentile can go up to $2,910. These variations are influenced by factors such as property location, home improvements, and local tax levies. The highest and lowest median tax bills in the area are both $1,228, highlighting a relatively consistent tax rate across different properties. Compared to the national median property tax rate of 0.99%, Whitehall's property taxes are reflective of both its local economy and real estate market, impacting homeowners differently based on their property's assessed value.
Average Whitehall Tax Bill
$1,228
Average Muskegon County Tax Bill
$841
Average Michigan Tax Bill
$1,795
Average United States Tax Bill
$2,690
Property Tax Bills Across Whitehall, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49461 | $528 | $805 | $1,228 | $1,879 | $2,910 |
Source: Ownwell