Three Rivers, St. Joseph County, Michigan Property Taxes

Name: Property Tax Bills Across Three Rivers, St. Joseph County, Michigan
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Three Rivers, MI effective property tax rate: 0.43%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Three Rivers, MI home value: $146,800
Median annual Three Rivers, MI tax bill: $822, $1,578 lower than the national median property tax bill of $2,400.

How are property taxes in St. Joseph calculated?

Property taxes in Three Rivers, MI are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Three Rivers’ property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Three Rivers, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Three Rivers, St. Joseph County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.43%

Estimate Property Tax Bill

$631

$586

Ownwell’s Three Rivers Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Three Rivers with just two data points. By entering your property's estimated assessed value, our calculator applies Three Rivers’ median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in St. Joseph County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Three Rivers, St. Joseph County, Michigan

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Three Rivers’ effective property tax rate to other cities in Michigan and the median property tax rates in Michigan and the U.S.

Three Rivers, located in St. Joseph County, Michigan, has a property tax rate that stands out when compared to both state and national figures. The median property tax rate in Michigan is significantly lower than the national median, making it an attractive location for homeowners seeking lower property tax burdens. Despite the variances across different regions, Three Rivers maintains a consistent tax rate, reflecting the county's efficient budgeting and resource allocation. This consistency provides a stable financial environment for property owners, ensuring predictable tax obligations year after year.

Property Tax Rates Across Three Rivers, St. Joseph County, Michigan

Source: Ownwell

0.33%

0.43%

0.53%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Three Rivers Tax Rate

0.43%

Median Effective St. Joseph County Tax Rate

0.41%

Median Effective Michigan Tax Rate

1.07%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Three Rivers, St. Joseph County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
49093	0.29%	0.35%	0.43%	0.95%	1.28%

Source: Ownwell

Property Tax Assessment Values Across Three Rivers, St. Joseph County, Michigan

When examining property taxes in Three Rivers, MI, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The St. Joseph County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In St. Joseph County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of the season. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Three Rivers.

For example, the median home price in Three Rivers is $146,800, with tax bills ranging significantly across the county. Zip code 49093 has the highest median home price at $146,800.

Property Tax Assessment Values Across Three Rivers, St. Joseph County, Michigan

Source: Ownwell

$114,900

$158,150

$201,400

Median Three Rivers Market Value

$146,800

Median St. Joseph County Market Value

$142,400

Median Michigan Market Value

$177,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across Three Rivers, St. Joseph County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
49093	$53,200	$91,600	$146,800	$235,000	$370,000

Source: Ownwell

Property Tax Bills Across Three Rivers, St. Joseph County, Michigan

In Three Rivers, St. Joseph County, MI, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. This value is typically a percentage of the market value. The median home price in Three Rivers is $146,800, and the property tax rate is applied to this assessed value to determine the tax bill. Homeowners in Three Rivers can expect a tax bill that ranges from $522 to $1,767, depending on the assessed value of their property. The highest and lowest median tax bills in the area are both $822, indicating a consistent tax rate across different properties. This is substantially lower than the national median tax bill of $2,400, offering some relief to homeowners. However, there is still potential for savings. Ownwell assists homeowners in reducing their property tax bills by appealing incorrect assessments and securing exemptions. By leveraging their expertise, homeowners can ensure they are not overpaying and are only charged for what is fair and accurate.

Property Tax Bills Across Three Rivers, St. Joseph County, Michigan

Source: Ownwell

$382

$773

$1,163

Median Three Rivers Tax Bill

$822

Median St. Joseph County Tax Bill

$772

Median Michigan Tax Bill

$1,795

Median United States Tax Bill

$2,400

Property Tax Bills Across Three Rivers, St. Joseph County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
49093	$251	$522	$822	$1,224	$1,767

Source: Ownwell