Martin, Allegan County, Michigan Property Taxes

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

Median Martin, MI effective property tax rate: 0.99%, slightly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Martin, MI home value: $199,600
Median annual Martin, MI tax bill: $1,975, $425 lower than the national median property tax bill of $2,400.

How are property taxes in Allegan calculated?

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

Last Updated March 1, 2025

Martin, Allegan County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.99%

Estimate Property Tax Bill

$1,976

$1,834

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

Property Tax Rates Across Martin, Allegan County, Michigan

Local government entities set tax rates, which can vary widely within a state. 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 Martin’s effective property tax rate to other cities in Michigan and the median property tax rates in Michigan and the U.S. Martin, located in Allegan County, has a property tax rate that aligns closely with the state median. This positions Martin favorably when comparing property tax rates within Michigan. The state's median tax rate is slightly below the national median, offering a modest advantage to property owners in Martin. This competitive tax environment can be an attractive aspect for potential homeowners or investors evaluating property in the area. Understanding these rates and how they compare nationally can provide significant insights for property owners and those considering investing in the Martin area.

Property Tax Rates Across Martin, Allegan County, Michigan

Source: Ownwell

0.84%

1.24%

1.63%

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 Martin Tax Rate

0.99%

Median Effective Allegan County Tax Rate

1.09%

Median Effective Michigan Tax Rate

1.07%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Martin, Allegan County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
49070	0.78%	0.89%	0.99%	1.22%	1.49%

Source: Ownwell

Property Tax Assessment Values Across Martin, Allegan County, Michigan

When examining property taxes in Martin, 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 Allegan 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 Allegan 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 Martin.

For example, the median home price in Martin is $199,600, with tax bills ranging significantly across the county. Zip code 49070 has the highest median home price at $199,600.

Property Tax Assessment Values Across Martin, Allegan County, Michigan

Source: Ownwell

$95,600

$381,600

$667,600

Median Martin Market Value

$199,600

Median Allegan County Market Value

$229,000

Median Michigan Market Value

$177,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across Martin, Allegan County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
49070	$27,760	$137,400	$199,600	$255,600	$331,000

Source: Ownwell

Property Tax Bills Across Martin, Allegan County, Michigan

In Martin, MI, property tax bills are determined by assessing the property's value and applying the local tax rate. Homeowners in Allegan County typically face tax bills ranging from $1,366 at the 25th percentile to $3,439 at the 90th percentile, with a median tax bill of $1,975. This is below the national median property tax bill of $2,400. The assessed value of a property is crucial in calculating the tax bill, and it can fluctuate based on market conditions and improvements made to the property. Homeowners should be aware that even small changes in assessed value or tax rates can significantly impact their annual tax obligations.

Ownwell offers a valuable service by assisting homeowners in appealing their property assessments, potentially reducing their tax bills. Through careful analysis and expert guidance, Ownwell identifies opportunities for savings, ensuring homeowners pay no more than their fair share. By leveraging Ownwell's expertise, homeowners in Martin can achieve substantial savings on their property taxes and alleviate the financial burden of rising property costs.

Property Tax Bills Across Martin, Allegan County, Michigan

Source: Ownwell

$921

$5,509

$10,097

Median Martin Tax Bill

$1,975

Median Allegan County Tax Bill

$2,370

Median Michigan Tax Bill

$1,795

Median United States Tax Bill

$2,400

Property Tax Bills Across Martin, Allegan County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
49070	$307	$1,366	$1,975	$2,616	$3,439

Source: Ownwell