Oceana County, Michigan Property Taxes
The median property tax rate in Oceana County is 1.08%, which is slightly higher than both the national median of 0.99% and the Michigan state median of 1.07%. With the median home value in Oceana County at $154,800, the typical annual property tax bill reaches $1,632, which is below the national median of $2,690. Property taxes in Oceana 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 Oceana 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 Hart or another part of Oceana County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Oceana County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.08%
Estimate Property Tax Bill
$1,672
$1,551
Ownwell’s Oceana Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Oceana with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Oceana 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 Oceana County, Michigan
Property taxes in Oceana County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Oceana County is 1.08%, which is higher than both the Michigan state median and the U.S. national median of 0.99%. Local government entities within Oceana County set these rates annually, and they can vary significantly between different areas within the county. Each year, Oceana 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 Oceana County's effective property tax rate with other regions in Michigan and the national median. For comparison, the city of Branch has one of the higher property tax rates in Michigan at 1.77%, while the city of Bitely boasts one of the lowest at 0.83%. Analyzing how Oceana County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Oceana County Tax Rate
1.08%
Average Michigan Tax Rate
1.07%
Average United States Tax Rate
0.99%
Property Tax Rates Across Oceana County, Michigan
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bitely | N/A | N/A | N/A | N/A | N/A |
| Branch | 1.08% | 1.31% | 1.77% | 2.20% | 2.89% |
| Fremont | 0.91% | 1.09% | 1.26% | 1.41% | 1.47% |
| Hart | 0.68% | 0.87% | 1.12% | 1.45% | 1.82% |
| Hesperia | 0.73% | 0.89% | 1.10% | 1.43% | 1.81% |
| Holton | 0.76% | 0.95% | 1.18% | 1.46% | 1.90% |
| Mears | 0.59% | 0.80% | 1.12% | 1.59% | 1.90% |
| Montague | 0.69% | 0.89% | 1.08% | 1.32% | 1.72% |
| New Era | 0.68% | 0.80% | 0.94% | 1.21% | 1.61% |
| Pentwater | 0.67% | 0.83% | 1.10% | 1.49% | 1.82% |
| Rothbury | 0.74% | 0.89% | 1.09% | 1.34% | 1.83% |
| Shelby | 0.66% | 0.78% | 0.97% | 1.27% | 1.70% |
| Walkerville | 0.71% | 0.92% | 1.18% | 1.55% | 1.99% |
Source: Ownwell
Property Tax Assessment Values Across Oceana County, Michigan
In Oceana 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 Oceana 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 Oceana 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. Cities like Bitely and Branch have the highest and lowest median tax bills, at $5,059 and $1,142 respectively. Being aware of these valuation processes in Oceana County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Oceana County Assessed Value
$154,800
Average Michigan Assessed Value
$177,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Oceana County, Michigan
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bitely | N/A | N/A | N/A | N/A | N/A |
| Branch | $24,340 | $40,000 | $69,400 | $128,150 | $178,560 |
| Fremont | $52,520 | $65,900 | $121,800 | $229,100 | $322,720 |
| Hart | $51,940 | $88,000 | $128,300 | $207,850 | $305,000 |
| Hesperia | $43,320 | $76,000 | $117,600 | $177,400 | $257,240 |
| Holton | $47,200 | $83,800 | $131,600 | $234,600 | $329,680 |
| Mears | $75,920 | $120,600 | $218,800 | $340,500 | $504,680 |
| Montague | $45,560 | $85,600 | $170,000 | $288,400 | $542,680 |
| New Era | $44,080 | $96,200 | $160,600 | $260,100 | $436,320 |
| Pentwater | $95,440 | $180,400 | $270,000 | $427,500 | $694,280 |
| Rothbury | $37,000 | $68,750 | $120,400 | $180,450 | $262,000 |
| Shelby | $58,600 | $93,000 | $154,400 | $271,400 | $518,560 |
| Walkerville | $27,200 | $55,800 | $99,400 | $174,200 | $264,000 |
Source: Ownwell
Property Tax Bills Across Oceana County, Michigan
In Oceana County, MI, property tax bills are calculated based on the assessed value of the home, which is typically half of the market value. For example, with a median home price of $154,800, the assessed value would be approximately $77,400. The local tax rate is then applied to this assessed value to determine the annual tax bill. Various factors influence the tax bill, including the specific tax rate set by local authorities and any applicable exemptions or deductions. Homeowners in Oceana County can expect a wide range of tax bills. For instance, the 25th percentile tax bill is around $970, while the 75th percentile tax bill can reach up to $2,835. At the higher end, the 90th percentile tax bill climbs to $4,875. These property taxes significantly impact homeowners by contributing to local services such as schools, infrastructure, and emergency services. Compared to the national median property tax rate of 0.99%, Oceana County offers a diverse range of tax obligations depending on the property's assessed value and location within the county.
Average Oceana County Tax Bill
$1,632
Average Michigan Tax Bill
$1,795
Average United States Tax Bill
$2,690
Property Tax Bills Across Oceana County, Michigan
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bitely | N/A | N/A | N/A | N/A | N/A |
| Branch | $500 | $776 | $1,142 | $1,662 | $2,425 |
| Fremont | $664 | $805 | $1,555 | $2,644 | $4,047 |
| Hart | $635 | $994 | $1,478 | $2,188 | $3,323 |
| Hesperia | $522 | $820 | $1,307 | $1,956 | $2,830 |
| Holton | $549 | $998 | $1,694 | $2,527 | $3,546 |
| Mears | $748 | $1,291 | $2,250 | $3,853 | $6,287 |
| Montague | $519 | $971 | $1,759 | $3,124 | $6,096 |
| New Era | $463 | $930 | $1,510 | $2,481 | $4,650 |
| Pentwater | $999 | $1,797 | $2,969 | $4,657 | $7,489 |
| Rothbury | $498 | $785 | $1,239 | $1,900 | $2,746 |
| Shelby | $566 | $864 | $1,445 | $2,683 | $5,882 |
| Walkerville | $386 | $690 | $1,191 | $1,933 | $3,049 |
Source: Ownwell