Watton, Baraga County, Michigan Property Taxes

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

Median Watton, MI effective property tax rate: 0.73%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Watton, MI home value: $65,442
Median annual Watton, MI tax bill: $495, $1,905 lower than the national median property tax bill of $2,400.

How are property taxes in Baraga County calculated?

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

Last Updated March 1, 2025

Watton, Baraga County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.73%

Estimate Property Tax Bill

$478

$443

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

Property Tax Rates Across Watton, Baraga 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 Watton’s effective property tax rate to other cities in Michigan and the median property tax rates in Michigan and the U.S. In Watton, located in Baraga County, the property tax rate is notably below the national median. This means homeowners in Watton enjoy a relatively lower tax burden compared to other parts of the country. Such a favorable tax rate can be a significant advantage for property owners, making it an attractive location for both current residents and potential buyers. Comparing Watton's rate to the national median highlights its affordability, offering homeowners a clear benefit. This can be particularly appealing for those looking to maximize their investment in real estate while minimizing expenses.

Property Tax Rates Across Watton, Baraga County, Michigan

Source: Ownwell

0.50%

0.69%

0.89%

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 Watton Tax Rate

0.73%

Median Effective Baraga County Tax Rate

0.24%

Median Effective Michigan Tax Rate

1.07%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Watton, Baraga County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
49970	0.27%	0.52%	0.73%	1.00%	1.41%

Source: Ownwell

Property Tax Assessment Values Across Watton, Baraga County, Michigan

When examining property taxes in Watton, Michigan, 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 Baraga 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 Baraga County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Watton.

For example, the median home price in Watton is $65,442, with tax bills ranging significantly across the county. Zip code 49970 has the highest median home price at $65,442.

Property Tax Assessment Values Across Watton, Baraga County, Michigan

Source: Ownwell

$58,575

$73,383

$88,190

Median Watton Market Value

$65,442

Median Baraga County Market Value

$81,751

Median Michigan Market Value

$177,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across Watton, Baraga County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
49970	$17,452	$28,980	$65,442	$115,964	$160,988

Source: Ownwell

Property Tax Bills Across Watton, Baraga County, Michigan

In Watton, Michigan, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. The tax rate is then applied to this assessed value to calculate the annual tax bill. In Baraga County, the median property tax bill is $495, significantly below the national median of $2,400. For homeowners, this lower tax bill can be a financial relief, but it also underscores the importance of ensuring that their property's assessed value is accurate. Factors such as market trends, property improvements, and neighborhood changes can influence assessments, potentially leading to higher tax bills. Ownwell helps homeowners by reviewing their property assessments and identifying discrepancies. Our team of experts provides property tax appeal services, potentially lowering tax bills by ensuring fair assessments. By leveraging our knowledge and experience, homeowners in Watton can benefit from reduced property tax expenses, aligning their bills more closely with the true value of their homes.

Property Tax Bills Across Watton, Baraga County, Michigan

Source: Ownwell

$321

$486

$651

Median Watton Tax Bill

$495

Median Baraga County Tax Bill

$126

Median Michigan Tax Bill

$1,795

Median United States Tax Bill

$2,400

Property Tax Bills Across Watton, Baraga County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
49970	$77	$201	$495	$820	$1,311

Source: Ownwell