Hale, Ogemaw County, Michigan Property Taxes
The median property tax rate in Hale, MI is 1.70%, considerably higher than both the national median of 0.99% and the Michigan state median of 1.07%. With the median home value in Hale at $64,000, the typical annual property tax bill reaches $893, which is lower than the national median of $2,690. Property taxes in Hale 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 Hale'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 Hale 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
Hale, Ogemaw County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.7%
Estimate Property Tax Bill
$1,088
$1,010
Ownwell’s Hale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hale 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 Hale, Ogemaw County, Michigan
Property taxes in Hale, Michigan, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Hale is 1.70%, significantly higher than both the Michigan state median and the U.S. national median of 0.99%. Local government entities within Hale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hale 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 Hale's effective property tax rate to other counties in Michigan and the national median. For comparison, the 48739 zip code has the highest median property tax rate of 1.70%, while the same zip code also has the lowest median tax rate of 1.70%. Understanding how these cities compare with Hale provides valuable insights into the varying tax landscape across Ogemaw County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Hale Tax Rate
1.70%
Average Ogemaw County Tax Rate
0.91%
Average Michigan Tax Rate
1.07%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hale, Ogemaw County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48739 | 0.75% | 0.89% | 1.70% | 2.20% | 2.53% |
Source: Ownwell
Property Tax Assessment Values Across Hale, Ogemaw County, Michigan
In Hale, 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 Ogemaw 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 Hale, 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. In Hale, the median home price is $64,000. The 25th percentile tax bill is $522, while the 75th percentile tax bill is $1,554, and the 90th percentile tax bill is $2,507. The zip code with both the highest and lowest median tax bill is 48739, with a median tax bill of $893. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Hale, Ogemaw County, Michigan
Source: Ownwell
$25,000
$44,500
$64,000
Average Hale Assessed Value
$64,000
Average Ogemaw County Assessed Value
$47,400
Average Michigan Assessed Value
$177,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hale, Ogemaw County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48739 | $21,940 | $40,000 | $64,000 | $100,150 | $146,780 |
Source: Ownwell
Property Tax Bills Across Hale, Ogemaw County, Michigan
In Hale, located in Ogemaw County, MI, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. For instance, the median home price in Hale is $64,000. The local tax rate is applied to this assessed value to determine the annual tax bill. Factors such as property location, improvements, and exemptions can influence the final amount. Homeowners in Hale experience a range of tax bills. At the 25th percentile, the tax bill is $522, while at the 75th percentile, it rises to $1,554. The 90th percentile sees tax bills as high as $2,507. These variations reflect differences in property values and applicable exemptions. Compared to the national median property tax rate of 0.99%, Hale's property tax rates can be considered moderate. However, the impact on homeowners varies, with those owning higher-valued properties experiencing more significant tax burdens. Understanding these factors helps homeowners anticipate their annual financial obligations.
Average Hale Tax Bill
$893
Average Ogemaw County Tax Bill
$466
Average Michigan Tax Bill
$1,795
Average United States Tax Bill
$2,690
Property Tax Bills Across Hale, Ogemaw County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48739 | $288 | $522 | $893 | $1,554 | $2,507 |
Source: Ownwell