Roscommon County, Michigan Property Taxes
The median property tax rate in Roscommon County is 0.50%, which is significantly lower than both the national median of 0.99% and the Michigan state median of 1.07%. With the median home value in Roscommon County, the typical annual property tax bill is $649, far below the national median of $2,690. Property taxes in Roscommon 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 Roscommon 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 Houghton Lake or another part of Roscommon County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Roscommon County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.5%
Estimate Property Tax Bill
$574
$533
Ownwell’s Roscommon Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Roscommon with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Roscommon 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 Roscommon County, Michigan
Property taxes in Roscommon County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Roscommon County is 0.50%, 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 Roscommon County set these rates annually, and they can vary significantly between different areas within the county. Each year, Roscommon 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 Roscommon County's effective property tax rate with other counties in Michigan and the national median. For comparison, the city of Auburn has one of the higher property tax rates in Michigan at 1.08%, while the city of Gladwin boasts one of the lowest at 0.53%. Analyzing how Roscommon County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Roscommon County Tax Rate
0.50%
Average Michigan Tax Rate
1.07%
Average United States Tax Rate
0.99%
Property Tax Rates Across Roscommon County, Michigan
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alma | N/A | N/A | N/A | N/A | N/A |
| Ann Arbor | N/A | N/A | N/A | N/A | N/A |
| Auburn | N/A | N/A | N/A | N/A | N/A |
| Bay City | N/A | N/A | N/A | N/A | N/A |
| Bloomfield Hills | N/A | N/A | N/A | N/A | N/A |
| Caro | N/A | N/A | N/A | N/A | N/A |
| Columbiaville | N/A | N/A | N/A | N/A | N/A |
| Freeland | N/A | N/A | N/A | N/A | N/A |
| Gladwin | 0.25% | 0.29% | 0.53% | 0.73% | 0.95% |
| Higgins Lake | N/A | N/A | N/A | N/A | N/A |
| Houghton Lake | 0.30% | 0.35% | 0.75% | 1.00% | 1.20% |
| Houghton Lake Heights | 0.31% | 0.41% | 0.91% | 1.16% | 1.25% |
| Ortonville | N/A | N/A | N/A | N/A | N/A |
| Prudenville | 0.32% | 0.36% | 0.81% | 1.02% | 1.23% |
| Roscommon | 0.33% | 0.40% | 0.78% | 1.04% | 1.25% |
| Saint Helen | 0.27% | 0.29% | 0.32% | 0.38% | 0.48% |
Source: Ownwell
Property Tax Assessment Values Across Roscommon County, Michigan
In Roscommon 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 Roscommon 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 Roscommon 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. For instance, Higgins Lake has the highest median tax bill at $2,655, while Saint Helen has the lowest at $252. Being aware of these valuation processes in Roscommon County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Roscommon County, Michigan
Source: Ownwell
$75,600
$117,750
$159,900
Average Roscommon County Assessed Value
$114,800
Average Michigan Assessed Value
$177,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Roscommon County, Michigan
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alma | N/A | N/A | N/A | N/A | N/A |
| Ann Arbor | N/A | N/A | N/A | N/A | N/A |
| Auburn | N/A | N/A | N/A | N/A | N/A |
| Bay City | N/A | N/A | N/A | N/A | N/A |
| Bloomfield Hills | N/A | N/A | N/A | N/A | N/A |
| Caro | N/A | N/A | N/A | N/A | N/A |
| Columbiaville | N/A | N/A | N/A | N/A | N/A |
| Freeland | N/A | N/A | N/A | N/A | N/A |
| Gladwin | $45,540 | $85,650 | $159,900 | $261,550 | $429,700 |
| Higgins Lake | N/A | N/A | N/A | N/A | N/A |
| Houghton Lake | $34,000 | $70,300 | $129,000 | $234,000 | $369,200 |
| Houghton Lake Heights | $37,280 | $55,200 | $90,000 | $198,800 | $394,800 |
| Ortonville | N/A | N/A | N/A | N/A | N/A |
| Prudenville | $37,200 | $65,000 | $121,800 | $205,400 | $301,840 |
| Roscommon | $46,200 | $77,600 | $127,000 | $211,050 | $515,840 |
| Saint Helen | $31,400 | $50,150 | $75,600 | $119,000 | $198,800 |
Source: Ownwell
Property Tax Bills Across Roscommon County, Michigan
In Roscommon County, MI, property tax bills are calculated based on the assessed value of a property, which is typically 50% of its market value. For instance, with a median home price of $114,800, the assessed value would be approximately $57,400. The tax rate is then applied to this assessed value to determine the tax bill. Several factors influence the final tax amount, including local tax rates, exemptions, and any applicable deductions. Homeowners in Roscommon County experience a range of property tax bills. The 25th percentile tax bill is around $338, while the 75th percentile reaches $1,268. The 90th percentile tax bill can be as high as $2,555. Comparatively, the highest median tax bill in the county is in Higgins Lake at $2,655, whereas Saint Helen has the lowest at $252. These variations significantly affect homeowners, influencing their overall cost of living and financial planning. Understanding these factors helps homeowners anticipate and manage their property tax obligations effectively.
Average Roscommon County Tax Bill
$649
Average Michigan Tax Bill
$1,795
Average United States Tax Bill
$2,690
Property Tax Bills Across Roscommon County, Michigan
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alma | N/A | N/A | N/A | N/A | N/A |
| Ann Arbor | N/A | N/A | N/A | N/A | N/A |
| Auburn | N/A | N/A | N/A | N/A | N/A |
| Bay City | N/A | N/A | N/A | N/A | N/A |
| Bloomfield Hills | N/A | N/A | N/A | N/A | N/A |
| Caro | N/A | N/A | N/A | N/A | N/A |
| Columbiaville | N/A | N/A | N/A | N/A | N/A |
| Freeland | N/A | N/A | N/A | N/A | N/A |
| Gladwin | $190 | $431 | $766 | $1,639 | $2,437 |
| Higgins Lake | N/A | N/A | N/A | N/A | N/A |
| Houghton Lake | $230 | $406 | $725 | $1,440 | $2,842 |
| Houghton Lake Heights | $326 | $424 | $695 | $1,190 | $1,973 |
| Ortonville | N/A | N/A | N/A | N/A | N/A |
| Prudenville | $236 | $419 | $712 | $1,354 | $2,469 |
| Roscommon | $279 | $489 | $847 | $1,509 | $3,429 |
| Saint Helen | $110 | $169 | $252 | $429 | $771 |
Source: Ownwell