Shelby, Oceana County, Michigan Property Taxes

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

Median Shelby, MI effective property tax rate: 0.97%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Shelby, MI home value: $154,400
Median annual Shelby, MI tax bill: $1,445, $955 lower than the national median property tax bill of $2,400.

How are property taxes in Oceana calculated?

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

Last Updated March 1, 2025

Shelby, Oceana County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.97%

Estimate Property Tax Bill

$1,498

$1,390

Ownwell’s Shelby Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Shelby with just two data points. By entering your property's estimated assessed value, our calculator applies Shelby’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 Oceana County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Shelby, Oceana County, Michigan

Local government entities determine tax rates, which can differ significantly across a state. Each year, counties calculate their necessary budgets to deliver services and then divide this amount by the total value of all taxable properties within their boundaries. This process establishes the property tax rate. Although votes and legislation play roles in determining tax rates and budgets, this is essentially the yearly procedure. Shelby in Oceana County, MI, has an effective property tax rate that can be compared to other cities in Michigan, the state’s median property tax rate, and the U.S. national median.

Property Tax Rates Across Shelby, Oceana County, Michigan

Source: Ownwell

0.94%

1.35%

1.77%

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 Shelby Taxx Rate

0.97%

Median Effective Oceana County Taxx Rate

1.08%

Median Effective Michigan Tax Rate

1.07%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Shelby, Oceana County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
49455	0.66%	0.78%	0.97%	1.27%	1.70%

Source: Ownwell

Property Tax Assessment Values Across Shelby, Oceana County, Michigan

When examining property taxes in Shelby, Michigan, 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 Oceana 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 Oceana County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Shelby. For example, the median home price in Shelby is $154,400, with tax bills ranging significantly across the county. Zip code 49455 has the highest median home price at $154,400.

Property Tax Assessment Values Across Shelby, Oceana County, Michigan

Source: Ownwell

$69,400

$169,700

$270,000

Median Shelby Market Value

$154,400

Median Oceana County Market Value

$154,800

Median Michigan Market Value

$177,800

Median United States Market Value

$244,900

Property Tax Assessment Values Across Shelby, Oceana County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
49455	$58,600	$93,000	$154,400	$271,400	$518,560

Source: Ownwell

Property Tax Bills Across Shelby, Oceana County, Michigan

In Shelby, located in Oceana County, MI, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. With a median home price of $154,400, the property tax bill can vary significantly. The 25th percentile tax bill is $864, while the 75th percentile reaches $2,683, and the 90th percentile goes up to $5,882. These figures highlight the variability in tax bills depending on property value assessments. Compared to the national median property tax rate of 1.02% and a median tax bill of $2,400, Shelby's property tax bills can be both lower and higher, depending on the percentile. Homeowners in Shelby can face substantial financial impacts from these taxes, making it crucial to ensure their property is accurately assessed. Ownwell assists homeowners by identifying potential savings through appealing inaccurate assessments and securing exemptions. By leveraging expertise in property tax laws and local market conditions, Ownwell can help homeowners reduce their tax liabilities and achieve significant savings.

Property Tax Bills Across Shelby, Oceana County, Michigan

Source: Ownwell

$1,142

$2,056

$2,969

Median Shelby Tax Bill

$1,445

Median Oceana County Tax Bill

$1,632

Median Michigan Tax Bill

$1,795

Median United States Tax Bill

$2,690

Property Tax Bills Across Shelby, Oceana County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
49455	$566	$864	$1,445	$2,683	$5,882

Source: Ownwell