Shiawassee County, Michigan Property Taxes
The median property tax rate in Shiawassee County is 1.23%, which is significantly higher than both the national median of 0.99% and the Michigan state median of 1.07%. With the median home value in Shiawassee County at $142,800, the typical annual property tax bill reaches $1,816, which is below the national median of $2,690. Property taxes in Shiawassee 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 Shiawassee 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 Owosso or another part of Shiawassee County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Shiawassee County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.23%
Estimate Property Tax Bill
$1,756
$1,630
Ownwell’s Shiawassee County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Shiawassee County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Shiawassee County to estimate your property tax bill. This insightful tool 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 Shiawassee County, Michigan
Property taxes in Shiawassee County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Shiawassee County is 1.23%, which is higher than the U.S. national median of 0.99%. Local government entities within Shiawassee County set these rates annually, and they can vary significantly between different areas within the county. Each year, Shiawassee 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 Shiawassee County's effective property tax rate with other counties in Michigan and the national median. For comparison, the city of Owosso has one of the higher property tax rates in Michigan at 1.49%, while the city of Fowlerville boasts one of the lowest at 0.79%. Analyzing how Shiawassee County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Shiawassee County Tax Rate
1.23%
Average Michigan Tax Rate
1.07%
Average United States Tax Rate
0.99%
Property Tax Rates Across Shiawassee County, Michigan
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bancroft | 0.75% | 0.84% | 0.98% | 1.23% | 1.77% |
| Byron | 0.69% | 0.75% | 0.82% | 1.00% | 1.23% |
| Chesaning | 0.93% | 0.96% | 0.99% | 1.03% | 1.12% |
| Corunna | 0.78% | 0.87% | 1.19% | 1.59% | 1.90% |
| Durand | 0.93% | 1.16% | 1.41% | 1.93% | 2.20% |
| Elsie | 0.73% | 0.84% | 0.92% | 0.98% | 1.42% |
| Flushing | 0.80% | 0.84% | 1.03% | 1.12% | 1.21% |
| Fowlerville | N/A | N/A | N/A | N/A | N/A |
| Gaines | 0.67% | 0.89% | 1.18% | 1.26% | 1.38% |
| Haslett | 0.94% | 1.02% | 1.14% | 1.31% | 1.52% |
| Henderson | 0.88% | 1.00% | 1.14% | 1.27% | 1.57% |
| Laingsburg | 0.94% | 1.06% | 1.23% | 1.66% | 2.10% |
| Lennon | N/A | N/A | N/A | N/A | N/A |
| Morrice | 0.77% | 0.84% | 0.96% | 1.12% | 1.31% |
| New Lothrop | 0.87% | 1.01% | 1.10% | 1.28% | 1.51% |
| Oakley | 1.00% | 1.14% | 1.21% | 1.24% | 1.27% |
| Ovid | 0.81% | 0.98% | 1.08% | 1.25% | 1.49% |
| Owosso | 0.89% | 1.02% | 1.49% | 1.70% | 2.20% |
| Perry | 0.83% | 0.95% | 1.14% | 1.54% | 1.93% |
| Shaftsburg | 0.84% | 0.95% | 1.04% | 1.25% | 1.64% |
| Vernon | 0.84% | 0.95% | 1.01% | 1.15% | 1.56% |
Source: Ownwell
Property Tax Assessment Values Across Shiawassee County, Michigan
In Shiawassee 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 Shiawassee 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 Shiawassee 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, Haslett has the highest median tax bill at $2,773, while Elsie has the lowest at $1,300. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Shiawassee County, Michigan
Source: Ownwell
$120,400
$173,850
$227,300
Average Shiawassee County Assessed Value
$142,800
Average Michigan Assessed Value
$177,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Shiawassee County, Michigan
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bancroft | $23,400 | $99,400 | $156,400 | $214,400 | $272,000 |
| Byron | $101,920 | $144,800 | $198,800 | $249,200 | $310,560 |
| Chesaning | $99,800 | $128,800 | $182,600 | $232,600 | $256,200 |
| Corunna | $59,800 | $98,800 | $138,800 | $189,200 | $251,360 |
| Durand | $5,600 | $59,650 | $123,550 | $172,320 | $230,080 |
| Elsie | $68,200 | $104,000 | $142,700 | $185,850 | $240,500 |
| Flushing | $93,560 | $120,000 | $211,200 | $268,800 | $304,080 |
| Fowlerville | N/A | N/A | N/A | N/A | N/A |
| Gaines | $36,240 | $152,900 | $184,600 | $235,200 | $276,280 |
| Haslett | $151,800 | $183,050 | $227,300 | $302,950 | $386,140 |
| Henderson | $70,480 | $91,800 | $125,000 | $177,600 | $213,920 |
| Laingsburg | $108,220 | $149,600 | $198,800 | $255,400 | $337,920 |
| Lennon | N/A | N/A | N/A | N/A | N/A |
| Morrice | $90,460 | $128,150 | $178,400 | $229,250 | $285,480 |
| New Lothrop | $92,400 | $123,600 | $167,800 | $230,800 | $298,000 |
| Oakley | $94,760 | $102,000 | $120,400 | $176,800 | $183,040 |
| Ovid | $41,400 | $114,000 | $162,200 | $220,600 | $322,800 |
| Owosso | $65,400 | $89,400 | $123,200 | $184,600 | $263,800 |
| Perry | $99,600 | $136,400 | $192,000 | $256,400 | $335,680 |
| Shaftsburg | $80,100 | $105,650 | $174,700 | $220,450 | $275,500 |
| Vernon | $15,280 | $94,000 | $124,400 | $147,550 | $174,460 |
Source: Ownwell
Property Tax Bills Across Shiawassee County, Michigan
In Shiawassee County, MI, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is typically a percentage of the property's market value, and the local tax rate can vary depending on the specific area within the county. Factors such as property improvements, market conditions, and local government budgets influence the assessed value. For homeowners in Shiawassee County, the median home price is $142,800. Property tax bills can range significantly, with the 25th percentile bill at $1,305 and the 75th percentile bill at $2,457. At the higher end, the 90th percentile tax bill reaches $3,307. The highest median tax bill in the county is found in Haslett at $2,773, while the lowest is in Elsie at $1,300. These taxes fund essential services like schools, infrastructure, and public safety, directly impacting the quality of life for residents. Homeowners must budget for these annual expenses, which can vary based on property values and local tax rates.
Average Shiawassee County Tax Bill
$1,816
Average Michigan Tax Bill
$1,795
Average United States Tax Bill
$2,690
Property Tax Bills Across Shiawassee County, Michigan
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bancroft | $415 | $918 | $1,533 | $2,083 | $2,721 |
| Byron | $841 | $1,216 | $1,654 | $2,150 | $2,873 |
| Chesaning | $1,029 | $1,379 | $1,754 | $2,268 | $2,482 |
| Corunna | $921 | $1,258 | $1,673 | $2,273 | $3,030 |
| Durand | $137 | $1,053 | $1,706 | $2,234 | $2,891 |
| Elsie | $634 | $997 | $1,300 | $1,751 | $2,312 |
| Flushing | $759 | $1,254 | $2,104 | $2,940 | $3,387 |
| Fowlerville | N/A | N/A | N/A | N/A | N/A |
| Gaines | $674 | $1,407 | $2,038 | $2,707 | $3,528 |
| Haslett | $1,479 | $2,089 | $2,773 | $3,596 | $4,495 |
| Henderson | $713 | $995 | $1,451 | $2,007 | $2,620 |
| Laingsburg | $1,396 | $1,977 | $2,507 | $3,439 | $4,504 |
| Lennon | N/A | N/A | N/A | N/A | N/A |
| Morrice | $853 | $1,210 | $1,687 | $2,242 | $2,886 |
| New Lothrop | $1,010 | $1,420 | $1,883 | $2,611 | $3,326 |
| Oakley | $1,064 | $1,154 | $1,446 | $1,660 | $2,287 |
| Ovid | $808 | $1,305 | $1,802 | $2,390 | $3,270 |
| Owosso | $998 | $1,368 | $1,811 | $2,422 | $3,245 |
| Perry | $1,291 | $1,749 | $2,293 | $2,982 | $3,934 |
| Shaftsburg | $747 | $1,287 | $1,753 | $2,634 | $3,474 |
| Vernon | $585 | $1,038 | $1,340 | $1,594 | $1,940 |
Source: Ownwell