Freeport, Barry County, Michigan Property Taxes

Local government entities set tax rates, which can vary widely within a state. This variation is due to the fact that 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 Freeport’s effective property tax rate to other cities in Michigan and the median property tax rates in Michigan and the U.S.

Freeport, located in Barry County, has a property tax rate of 1.18%, which is above the national median of 1.02%. This rate is reflective of the county's budgetary needs and the total assessed value of property within its borders. Michigan, as a whole, mirrors this rate, indicating a uniformity in property tax assessments within the state. For homeowners, understanding these rates is crucial as they directly impact annual property tax bills, which in Freeport are likely to exceed the national median of $2,400. Engaging with property tax appeal and exemption services can be a beneficial step for those looking to manage or reduce their property tax liabilities.

In Freeport, MI, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value typically reflects a percentage of the property's market value. Homeowners in Barry County, where Freeport is located, experience a range of property tax bills. The 25th percentile tax bill is $1,156, while the 75th percentile reaches $2,689, and the 90th percentile climbs to $3,963. The median tax bill in the area is $1,701, which is below the national median of $2,400, making it relatively affordable compared to other regions.

Factors influencing tax bills include property size, location, and local tax rates. High property taxes can strain homeowners' budgets, but Ownwell offers a solution. By leveraging expertise in property tax appeals and exemptions, Ownwell helps homeowners identify potential savings and reduce their tax burden. This service ensures that homeowners in Freeport pay only their fair share, potentially saving them hundreds of dollars annually.