Bellaire, Antrim County, Michigan Property Taxes
Median Bellaire, MI effective property tax rate: 0.90%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Bellaire, MI home value: $234,800
Median annual Bellaire, MI tax bill: $1,970, $430 lower than the national median property tax bill of $2,400.
How are property taxes in Antrim calculated?
Property taxes in Bellaire, 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 Bellaire’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bellaire, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Bellaire, Antrim County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.9%
Estimate Property Tax Bill
$2,113
$1,961
Property Tax Rates Across Bellaire, Antrim County, Michigan
Local government entities are responsible for setting property tax rates, which can vary significantly even within the same state. This variation arises because each county annually estimates the budget required to provide essential services and then divides this budget by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate for that area. While votes and legal frameworks play a role in establishing these rates and budgets, this is essentially the annual process followed.
In Bellaire, located in Antrim County, Michigan, the effective property tax rate is 0.90%. This rate is notably lower than the national median property tax rate of 1.02%. When comparing Bellaire’s rate to other cities within Michigan, it aligns with the state's median, as both the highest and lowest median tax rates in Antrim County are also 0.90%. This consistency highlights a stable tax environment within the region. Understanding how these rates compare can be crucial for property owners seeking to manage their tax liabilities effectively.
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 Bellaire Tax Rate
0.90%
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 Antrim County Tax Rate
0.72%
Median Effective Michigan Tax Rate
1.07%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bellaire, Antrim County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49615 | 0.46% | 0.57% | 0.90% | 1.23% | 1.48% |
Source: Ownwell
Property Tax Assessment Values Across Bellaire, Antrim County, Michigan
When examining property taxes in Bellaire, 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 Antrim 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.
Assessment notices:
In Antrim 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 Bellaire. For example, the median home price in Bellaire is $234,800, with tax bills ranging significantly across the county. 49615 has the highest median home price at $234,800.
Property Tax Assessment Values Across Bellaire, Antrim County, Michigan
Source: Ownwell
$77,400
$373,100
$668,800
Median Bellaire Market Value
$234,800
Median Antrim County Market Value
$211,000
Median Michigan Market Value
$177,800
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bellaire, Antrim County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49615 | $72,400 | $141,800 | $234,800 | $404,500 | $703,680 |
Source: Ownwell
Property Tax Bills Across Bellaire, Antrim County, Michigan
Median Bellaire Tax Bill
$1,970
Median Antrim County Tax Bill
$1,488
Median Michigan Tax Bill
$1,795
Median United States Tax Bill
$2,400
Property Tax Bills Across Bellaire, Antrim County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49615 | $630 | $1,112 | $1,970 | $3,550 | $6,489 |
Source: Ownwell