Vicksburg, St. Joseph County, Michigan Property Taxes
Median Vicksburg, MI effective property tax rate: 0.36%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Vicksburg, MI home value: $201,400
Median annual Vicksburg, MI tax bill: $627, $1,773 lower than the national median property tax bill of $2,400.
How are property taxes in St. Joseph calculated?
Property taxes in Vicksburg, 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 Vicksburg’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Vicksburg, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Vicksburg, St. Joseph County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.36%
Estimate Property Tax Bill
$725
$673
Property Tax Rates Across Vicksburg, St. Joseph County, Michigan
Local government entities within Michigan, such as those in Vicksburg, determine tax rates, which can differ significantly across the state. Each year, counties like St. Joseph calculate their necessary budget to fund public services and divide this by the total assessed value of all taxable properties in the area. This process establishes the property tax rate. Although votes and legislation play a role in setting these rates and budgets, this is essentially how it works annually.
In Vicksburg, located in St. Joseph County, homeowners experience an effective property tax rate that can be compared to other cities in Michigan. The state's median property tax rate is lower than the national median of 1.02%, which translates to a lower annual tax bill compared to the national median of $2,400. This makes Vicksburg an attractive location for homeowners seeking lower property tax rates. By understanding and comparing these rates, homeowners can make informed decisions about their property investments and potential savings.
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 Vicksburg Tax Rate
0.36%
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 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 Vicksburg, St. Joseph County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49097 | 0.21% | 0.32% | 0.36% | 0.45% | 0.49% |
Source: Ownwell
Property Tax Assessment Values Across Vicksburg, St. Joseph County, Michigan
When examining property taxes in Vicksburg, 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 Equalization Department 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 March. 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 Vicksburg.
For example, the median home price in Vicksburg is $201,400, with tax bills ranging significantly across the county. Zip code 49097 has the highest median home price at $201,400.
Property Tax Assessment Values Across Vicksburg, St. Joseph County, Michigan
Source: Ownwell
$114,900
$158,150
$201,400
Median Vicksburg Market Value
$201,400
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 Vicksburg, St. Joseph County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49097 | $98,200 | $129,400 | $201,400 | $258,000 | $360,000 |
Source: Ownwell
Property Tax Bills Across Vicksburg, St. Joseph County, Michigan
Median Vicksburg Tax Bill
$627
Median St. Joseph County Tax Bill
$772
Median Michigan Tax Bill
$1,795
Median United States Tax Bill
$2,400
Property Tax Bills Across Vicksburg, St. Joseph County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49097 | $377 | $474 | $627 | $844 | $1,232 |
Source: Ownwell