Ontonagon County, Michigan Property Taxes
The median property tax rate in Ontonagon County is 0.86%, which is lower than both the national median of 0.99% and the Michigan state median of 1.07%. Despite this lower rate, the median home value in Ontonagon County means the typical annual property tax bill is $577, significantly below the national median of $2,690. Property taxes in Ontonagon County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Ontonagon 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 Ontonagon or another part of Ontonagon County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Ontonagon County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.86%
Estimate Property Tax Bill
$587
$545
Ownwell’s Ontonagon Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Ontonagon with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Ontonagon 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 Ontonagon County, Michigan
Property taxes in Ontonagon play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Ontonagon is 0.86%, which is lower than both the Michigan state median of 1.54% and the U.S. national median of 0.99%. Local government entities within Ontonagon set these rates annually, and they can vary significantly between different areas within the county. Each year, Ontonagon 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 Ontonagon's effective property tax rate with other counties in Michigan and the national median. For comparison, the city of Bergland has one of the higher property tax rates in Michigan at 1.14%, while the city of Greenland boasts one of the lowest at 0.48%. Analyzing how Ontonagon's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Ontonagon County Tax Rate
0.86%
Average Michigan Tax Rate
1.07%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ontonagon County, Michigan
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bergland | 0.53% | 0.69% | 1.14% | 1.52% | 1.67% |
| Bruce Crossing | 0.38% | 0.46% | 0.63% | 1.22% | 1.47% |
| Ewen | 0.39% | 0.47% | 0.67% | 1.19% | 1.41% |
| Greenland | 0.32% | 0.44% | 0.48% | 0.56% | 0.63% |
| Marenisco | 0.39% | 0.52% | 0.66% | 0.72% | 1.18% |
| Mass City | 0.32% | 0.43% | 0.50% | 0.57% | 0.63% |
| Ontonagon | 0.62% | 0.75% | 1.10% | 1.59% | 1.82% |
| Rockland | 0.50% | 0.56% | 0.89% | 1.28% | 1.56% |
| Toivola | 0.50% | 0.67% | 1.09% | 1.69% | 2.06% |
| Trout Creek | 0.38% | 0.49% | 0.85% | 1.29% | 1.50% |
| White Pine | 0.48% | 0.51% | 0.93% | 1.06% | 1.36% |
Source: Ownwell
Property Tax Assessment Values Across Ontonagon County, Michigan
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Ontonagon. 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 Ontonagon 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 Ontonagon 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 Ontonagon will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Ontonagon, the highest median tax bill is found in Marenisco at $1,007, while Greenland has the lowest at $238. By understanding these figures, homeowners can gain insights into their potential tax obligations and explore ways to minimize their property tax bills.
Property Tax Assessment Values Across Ontonagon County, Michigan
Source: Ownwell
$44,260
$104,230
$164,200
Average Ontonagon County Assessed Value
$68,300
Average Michigan Assessed Value
$177,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ontonagon County, Michigan
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bergland | $24,000 | $50,525 | $91,750 | $177,050 | $293,700 |
| Bruce Crossing | $26,536 | $46,440 | $77,500 | $118,220 | $162,532 |
| Ewen | $21,920 | $41,840 | $68,620 | $111,920 | $155,476 |
| Greenland | $10,160 | $31,025 | $51,150 | $68,775 | $99,120 |
| Marenisco | $60,350 | $99,275 | $164,200 | $242,350 | $323,500 |
| Mass City | $20,736 | $39,700 | $64,720 | $102,000 | $138,720 |
| Ontonagon | $27,300 | $50,300 | $78,100 | $123,900 | $200,200 |
| Rockland | $10,282 | $22,010 | $44,260 | $65,835 | $100,724 |
| Toivola | $26,478 | $41,605 | $72,680 | $164,710 | $301,818 |
| Trout Creek | $11,538 | $35,520 | $61,790 | $103,805 | $142,024 |
| White Pine | $29,780 | $36,620 | $51,580 | $68,520 | $84,788 |
Source: Ownwell
Property Tax Bills Across Ontonagon County, Michigan
In Ontonagon County, MI, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. Homeowners in the county see a range of property tax bills, with the 25th percentile at $311 and the 75th percentile at $1003. The tax bill can go as high as $1743 for the 90th percentile. This variation is influenced by factors such as property location, home size, and local tax rates. For instance, MARENISCO has the highest median tax bill at $1007, while GREENLAND has the lowest at $238. These figures are significantly lower than the national median property tax rate of 0.99%. Homeowners must consider these factors as they directly impact their annual financial obligations. Understanding how these elements contribute to the overall tax bill can help homeowners plan better and potentially seek exemptions or appeals to lower their tax burden.
Average Ontonagon County Tax Bill
$577
Average Michigan Tax Bill
$1,795
Average United States Tax Bill
$2,690
Property Tax Bills Across Ontonagon County, Michigan
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bergland | $212 | $429 | $863 | $1,912 | $3,360 |
| Bruce Crossing | $177 | $318 | $528 | $847 | $1,279 |
| Ewen | $159 | $285 | $471 | $747 | $1,150 |
| Greenland | $56 | $136 | $238 | $351 | $465 |
| Marenisco | $401 | $568 | $1,007 | $1,585 | $2,537 |
| Mass City | $105 | $191 | $304 | $537 | $708 |
| Ontonagon | $319 | $547 | $840 | $1,279 | $2,134 |
| Rockland | $93 | $208 | $338 | $623 | $905 |
| Toivola | $290 | $428 | $817 | $1,385 | $2,713 |
| Trout Creek | $129 | $228 | $463 | $767 | $1,306 |
| White Pine | $184 | $277 | $368 | $518 | $821 |
Source: Ownwell