Marcellus, St. Joseph County, Michigan Property Taxes
The median property tax rate in Marcellus, MI is 0.38%, significantly lower than both the national median of 0.99% and the Michigan state median of 1.07%. With the median home value in Marcellus at $190,600, the typical annual property tax bill amounts to $701, considerably less than the national median of $2,690. Property taxes in Marcellus are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Marcellus's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Marcellus or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Marcellus, St. Joseph County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.38%
Estimate Property Tax Bill
$724
$672
Ownwell’s Marcellus Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Marcellus with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Marcellus 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 Marcellus, St. Joseph County, Michigan
Property taxes in Marcellus, Michigan, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Marcellus stands at 0.38%, which is notably lower than both the Michigan state median of 1.54% and the U.S. national median of 0.99%. Local government entities within Marcellus set these rates annually, and they can vary significantly across different neighborhoods. Each year, Marcellus 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 Marcellus's effective property tax rate to other counties in Michigan and the national median. For comparison, the highest median property tax rate in Michigan is found in Washtenaw County, with a rate of 2.06%, while the lowest median tax rate is in Luce County at 0.83%. Understanding how these counties compare with Marcellus provides valuable insights into the varying tax landscape across St. Joseph County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Marcellus Tax Rate
0.38%
Average St. Joseph County Tax Rate
0.41%
Average Michigan Tax Rate
1.07%
Average United States Tax Rate
0.99%
Property Tax Rates Across Marcellus, St. Joseph County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49067 | 0.23% | 0.31% | 0.38% | 0.46% | 0.51% |
Source: Ownwell
Property Tax Assessment Values Across Marcellus, St. Joseph County, Michigan
In Marcellus, 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 St. Joseph 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. Assessment notices in Marcellus 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. Being aware of these valuation processes in Marcellus helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 49067, at $701, which is also the lowest median tax bill in the area.
Property Tax Assessment Values Across Marcellus, St. Joseph County, Michigan
Source: Ownwell
$114,900
$158,150
$201,400
Average Marcellus Assessed Value
$190,600
Average St. Joseph County Assessed Value
$142,400
Average Michigan Assessed Value
$177,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Marcellus, St. Joseph County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49067 | $78,600 | $128,000 | $190,600 | $259,400 | $351,200 |
Source: Ownwell
Property Tax Bills Across Marcellus, St. Joseph County, Michigan
In Marcellus, located in St. Joseph County, MI, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the market value. The median home price in Marcellus is $190,600. Homeowners can expect their tax bills to vary, with the 25th percentile tax bill around $460 and the 75th percentile tax bill reaching approximately $947. At the 90th percentile, the tax bill can climb to $1,288. Several factors influence the property tax bill, including the assessed value of the property, the local tax rate, and any applicable exemptions or deductions. These factors combine to determine the final tax amount due. For homeowners, these taxes fund essential services such as schools, infrastructure, and emergency services, directly impacting the quality of life in the community. By understanding how these elements interact, homeowners can better anticipate their annual tax obligations and budget accordingly.
Average Marcellus Tax Bill
$701
Average St. Joseph County Tax Bill
$772
Average Michigan Tax Bill
$1,795
Average United States Tax Bill
$2,690
Property Tax Bills Across Marcellus, St. Joseph County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49067 | $264 | $460 | $701 | $947 | $1,288 |
Source: Ownwell