Pelkie, Baraga County, Michigan Property Taxes
Median Pelkie, MI effective property tax rate: 0.50%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Pelkie, MI home value: $78,002
Median annual Pelkie, MI tax bill: $321, $2,079 lower than the national median property tax bill of $2,400.
How are property taxes in Baraga County calculated?
Property taxes in Pelkie, 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 Pelkie’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Pelkie, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Pelkie, Baraga County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.02%
Estimate Property Tax Bill
$947
$878
Property Tax Rates Across Pelkie, Baraga County, Michigan
Local government entities in Pelkie, located in Baraga County, Michigan, set the property tax rates, which can vary significantly within the state. Each year, Baraga County estimates its required budget to provide essential services and divides this by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the core of the annual process.
In Pelkie, the effective property tax rate is 0.50%, which is notably lower than the national median property tax rate of 1.02%. This lower rate can be beneficial for property owners in Pelkie, as they pay less in property taxes compared to the national average. When comparing Pelkie's property tax rate to other cities in Michigan, it stands out as a more favorable rate, providing an attractive proposition for potential property buyers or investors. Understanding these rates is crucial for property owners looking to manage their expenses 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 Pelkie Tax Rate
1.02%
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 Baraga County Tax Rate
1.09%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Pelkie, Baraga County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49958 | 0.44% | 0.70% | 1.02% | 1.47% | 1.97% |
Source: Ownwell
Property Tax Assessment Values Across Pelkie, Baraga County, Michigan
When examining property taxes in Pelkie, 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 Pelkie. For example, the median home price in Pelkie is $78,002, with tax bills ranging significantly across the county. Zip code 49958 has the highest median home price at $78,002.
Property Tax Assessment Values Across Pelkie, Baraga County, Michigan
Source: Ownwell
$58,524
$120,357
$182,189
Median Pelkie Market Value
$92,811
Median Baraga County Market Value
$96,000
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Pelkie, Baraga County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49958 | $20,036 | $39,968 | $92,811 | $166,762 | $255,331 |
Source: Ownwell
Property Tax Bills Across Pelkie, Baraga County, Michigan
Median Pelkie Tax Bill
$896
Median Baraga County Tax Bill
$1,144
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Pelkie, Baraga County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49958 | $150 | $358 | $896 | $1,650 | $2,650 |
Source: Ownwell