Alger, Arenac County, Michigan Property Taxes

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

Median Alger, MI effective property tax rate: 1.31%, significantly higher than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Alger, MI home value: $97,000
Median annual Alger, MI tax bill: $1,177, $1,223 lower than the national median property tax bill of $2,400.

How are property taxes in Arenac calculated?

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

Last Updated March 1, 2025

Alger, Arenac County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.31%

Estimate Property Tax Bill

$1,271

$1,179

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

Property Tax Rates Across Alger, Arenac County, Michigan

As noted earlier, local government entities set tax rates, which can vary widely within a state. Why? Because 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 Alger’s effective property tax rate to other cities in Michigan and the median property tax rates in Michigan and the U.S. The effective property tax rate in Alger, located in Arenac County, stands at 1.31%, which is higher than the national median property tax rate of 1.02%. This suggests that residents in Alger may experience higher property tax bills compared to the national average. However, it is essential to consider that the property tax rate is just one factor influencing overall tax bills. Other elements, such as property values and exemptions, also play a significant role. Understanding these dynamics can help property owners make informed decisions and potentially explore opportunities for appealing their property assessments to reduce their tax burden.

Property Tax Rates Across Alger, Arenac County, Michigan

Source: Ownwell

0.75%

1.08%

1.41%

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 Alger Tax Rate

1.31%

Median Effective Arenac County Tax Rate

1.29%

Median Effective Michigan Tax Rate

1.07%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Alger, Arenac County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
48610	0.89%	1.03%	1.31%	1.69%	2.10%

Source: Ownwell

Property Tax Assessment Values Across Alger, Arenac County, Michigan

When examining property taxes in Alger, 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 Arenac 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 Arenac 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 Alger. For example, the median home price in Alger is $97,000, with tax bills ranging significantly across the county. Zip code 48610 has the highest median home price at $97,000.

Property Tax Assessment Values Across Alger, Arenac County, Michigan

Source: Ownwell

$87,200

$147,050

$206,900

Median Alger Market Value

$97,000

Median Arenac County Market Value

$100,000

Median Michigan Market Value

$177,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across Alger, Arenac County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
48610	$19,940	$42,200	$97,000	$134,600	$187,260

Source: Ownwell

Property Tax Bills Across Alger, Arenac County, Michigan

Property tax bills in Alger, Arenac County, MI, are determined based on the assessed value of a property, which is a percentage of the market value. Local tax rates are then applied to this assessed value. The median property tax bill in Alger is $1,177, which is below the national median of $2,400. Factors influencing this bill include the property's assessed value, local tax rates, and any applicable exemptions or deductions. Homeowners in Alger can face varying tax bills, with the 25th percentile at $669 and the 75th percentile reaching $1,697.

For homeowners, these tax bills can significantly impact their finances, especially if property values rise or if tax rates increase. This is where Ownwell can assist. By providing professional property tax appeal services, Ownwell helps homeowners ensure their property is assessed fairly, potentially leading to significant savings. Our expertise in navigating local tax regulations and identifying applicable exemptions can result in lower tax bills, providing financial relief and peace of mind to property owners.

Property Tax Bills Across Alger, Arenac County, Michigan

Source: Ownwell

$808

$1,593

$2,378

Median Alger Tax Bill

$1,177

Median Arenac County Tax Bill

$1,273

Median Michigan Tax Bill

$1,795

Median United States Tax Bill

$2,400

Property Tax Bills Across Alger, Arenac County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
48610	$291	$669	$1,177	$1,697	$2,343

Source: Ownwell