Zeeland, Michigan Property Taxes
The median property tax rate in Zeeland, MI is 0.81%, which is lower than both the national median of 0.99% and the Michigan state median of 1.07%. With the median home value in Zeeland at $277,400, the typical annual property tax bill amounts to $2,361, falling below the national median of $2,690. Property taxes in Zeeland are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Zeeland'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 Zeeland 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
Zeeland, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.81%
Estimate Property Tax Bill
$2,247
$2,085
Ownwell’s Zeeland Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Zeeland with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Zeeland 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 Zeeland, Michigan
Property taxes in Zeeland, Michigan, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Zeeland is 0.81%, which is lower than both the Michigan state median and the U.S. national median of 0.99%. Local government entities within Zeeland set these rates annually, and they can vary significantly across different neighborhoods. Each year, Zeeland 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 Zeeland's effective property tax rate to other counties in Michigan and the national median. For comparison, the 49464 zip code has the highest median property tax rate of 0.81%, while the same zip code also has the lowest median tax rate of 0.81%. Understanding how these cities compare with Zeeland provides valuable insights into the varying tax landscape across Ottawa County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Zeeland Tax Rate
0.81%
Average Ottawa County Tax Rate
0.90%
Average Michigan Tax Rate
1.07%
Average United States Tax Rate
0.99%
Property Tax Rates Across Zeeland, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49464 | 0.60% | 0.67% | 0.81% | 1.03% | 1.39% |
Source: Ownwell
Property Tax Assessment Values Across Zeeland, Michigan
In Zeeland, 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 Ottawa 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 Zeeland, 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. For instance, the median home price in Zeeland is $277,400, with tax bills ranging from $1,802 at the 25th percentile to $4,033 at the 90th percentile. The zip code 49464 has both the highest and lowest median tax bills at $2,361. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Zeeland Assessed Value
$277,400
Average Ottawa County Assessed Value
$276,000
Average Michigan Assessed Value
$177,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Zeeland, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49464 | $177,400 | $226,550 | $277,400 | $357,450 | $445,140 |
Source: Ownwell
Property Tax Bills Across Zeeland, Michigan
In Zeeland, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. Local tax authorities determine this assessed value, and it is then multiplied by the local tax rate to compute the annual tax bill. In Zeeland, located in Ottawa County, the median home price is $277,400. Homeowners in this region can expect their tax bills to vary significantly, with the 25th percentile tax bill at $1,802 and the 75th percentile reaching $3,103. For those in the 90th percentile, tax bills can soar to $4,033. These tax bills are influenced by factors such as property size, location, and any applicable exemptions or abatements. Compared to the national median property tax rate of 0.99%, Zeeland's rates reflect the local government's budgetary needs and the services provided to residents. Understanding these factors can help homeowners anticipate their annual expenses and plan accordingly. The highest and lowest median tax bills in the area are both $2,361, indicating a relatively uniform tax rate within the 49464 zip code.
Average Zeeland Tax Bill
$2,361
Average Ottawa County Tax Bill
$2,533
Average Michigan Tax Bill
$1,795
Average United States Tax Bill
$2,690
Property Tax Bills Across Zeeland, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49464 | $1,442 | $1,802 | $2,361 | $3,103 | $4,033 |
Source: Ownwell