Paw Paw, Van Buren County, Michigan Property Taxes

Name: Property Tax Bills Across Paw Paw, Van Buren County, Michigan
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Paw Paw, MI effective property tax rate: 0.39%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Paw Paw, MI home value: $197,600
Median annual Paw Paw, MI tax bill: $890, $1,510 lower than the national median property tax bill of $2,400.

How are property taxes in Van Buren calculated?

Property taxes in Paw Paw, 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 Paw Paw’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Paw Paw, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Paw Paw, Van Buren County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.39%

Estimate Property Tax Bill

$771

$715

Ownwell’s Paw Paw Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Paw Paw with just two data points. By entering your property's estimated assessed value, our calculator applies Paw Paw’s 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 Van Buren County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Paw Paw, Van Buren County, Michigan

Local government entities determine tax rates, which can differ significantly across a state. This variation arises because each county annually calculates its necessary budget to fund services and then divides this amount by the total value of all taxable property within its jurisdiction. This process establishes the property tax rate. While votes and legislation play roles in setting these rates and budgets, this is essentially how the annual process unfolds.

In Paw Paw, located in Van Buren County, Michigan, the effective property tax rate stands out when compared to other cities within the state and the national median. Michigan's median tax rate is notably lower than the national median of 1.02%, and Paw Paw's rate is even more competitive. This can result in significant savings for property owners in Paw Paw compared to the national average property tax bill of $2400. For those seeking to minimize their property tax liabilities, Paw Paw offers an appealing opportunity due to its advantageous tax rate.

Property Tax Rates Across Paw Paw, Van Buren County, Michigan

Source: Ownwell

0.32%

0.73%

1.14%

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 Paw Paw Tax Rate

0.39%

Median Effective Van Buren County Tax Rate

0.43%

Median Effective Michigan Tax Rate

1.07%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Paw Paw, Van Buren County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
49079	0.28%	0.34%	0.39%	0.51%	1.00%

Source: Ownwell

Property Tax Assessment Values Across Paw Paw, Van Buren County, Michigan

When examining property taxes in Paw Paw, 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 Van Buren 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 Van Buren 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 Paw Paw. For example, the median home price in Paw Paw is $197,600, with tax bills ranging significantly across the county. Zip code 49079 has the highest median home price at $197,600.

Property Tax Assessment Values Across Paw Paw, Van Buren County, Michigan

Source: Ownwell

$48,600

$148,650

$248,700

Median Paw Paw Market Value

$197,600

Median Van Buren County Market Value

$178,200

Median Michigan Market Value

$177,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across Paw Paw, Van Buren County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
49079	$94,200	$141,400	$197,600	$271,200	$362,800

Source: Ownwell

Property Tax Bills Across Paw Paw, Van Buren County, Michigan

In Paw Paw, MI, property tax bills are calculated based on the assessed value of a home, which is determined by the Van Buren County assessor. The assessed value typically represents 50% of the property's market value. For instance, with a median home price of $197,600, the assessed value would be approximately $98,800. This figure is then multiplied by the local tax rate to determine the tax bill. In Paw Paw, property tax bills range from $616 at the 25th percentile to $1,773 at the 90th percentile. The median tax bill is $890, significantly lower than the national median of $2,400. High property taxes can strain homeowners, making it crucial to ensure assessments are accurate. Here, Ownwell steps in to assist homeowners in Paw Paw by reviewing property assessments and filing appeals if necessary. By leveraging expert knowledge and local data, Ownwell helps homeowners potentially reduce their tax bills, ensuring they pay only their fair share.

Property Tax Bills Across Paw Paw, Van Buren County, Michigan

Source: Ownwell

$254

$1,082

$1,909

Median Paw Paw Tax Bill

$890

Median Van Buren County Tax Bill

$842

Median Michigan Tax Bill

$1,795

Median United States Tax Bill

$2,400

Property Tax Bills Across Paw Paw, Van Buren County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
49079	$365	$616	$890	$1,256	$1,773

Source: Ownwell