Boyne City, Charlevoix County, Michigan Property Taxes

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

Median Boyne City, MI effective property tax rate: 0.48%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Boyne City, MI home value: $229,400
Median annual Boyne City, MI tax bill: $1,344, $1,056 lower than the national median property tax bill of $2,400.

How are property taxes in Charlevoix calculated?

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

Last Updated March 1, 2025

Boyne City, Charlevoix County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.48%

Estimate Property Tax Bill

$1,101

$1,022

Ownwell’s Boyne City Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Boyne City with just two data points.

By entering your property's estimated assessed value, our calculator applies Boyne City’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 Charlevoix County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Boyne City, Charlevoix County, Michigan

Local government entities are responsible for setting tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates its required budget to provide essential services and then divides that by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the process that unfolds each year. In Boyne City, located in Charlevoix County, Michigan, the effective property tax rate is 0.48%. This rate is notably lower than the national median property tax rate of 1.02%. When compared to other cities in Michigan, Boyne City maintains a competitive rate, offering potential homeowners a more affordable option in terms of property taxes. The local tax environment in Boyne City reflects a balance between providing necessary services and maintaining an attractive tax rate for residents. This makes it an appealing location for those looking to manage their property tax expenses efficiently.

Property Tax Rates Across Boyne City, Charlevoix County, Michigan

Source: Ownwell

0.30%

0.47%

0.64%

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 Boyne City Tax Rate

0.48%

Median Effective Charlevoix County Tax Rate

0.50%

Median Effective Michigan Tax Rate

1.07%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Boyne City, Charlevoix County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
49712	0.26%	0.34%	0.48%	0.99%	1.37%

Source: Ownwell

Property Tax Assessment Values Across Boyne City, Charlevoix County, Michigan

When examining property taxes in Boyne City, 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 Charlevoix 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. Assessment notices: Charlevoix County sends assessment notices in the spring each year, typically reaching 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 Boyne City. For example, the median home price in Boyne City is $229,400, with tax bills ranging significantly across the county. 49712 has the highest median home price at $229,400.

Property Tax Assessment Values Across Boyne City, Charlevoix County, Michigan

Source: Ownwell

$141,400

$303,400

$465,400

Median Boyne City Market Value

$229,400

Median Charlevoix County Market Value

$226,100

Median Michigan Market Value

$177,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across Boyne City, Charlevoix County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
49712	$49,000	$129,000	$229,400	$414,200	$798,960

Source: Ownwell

Property Tax Bills Across Boyne City, Charlevoix County, Michigan

In Boyne City, located in Charlevoix County, MI, property tax bills are determined by applying the local tax rate to the assessed value of a property. The assessed value is typically a percentage of the property's market value. In this region, the median home price stands at $229,400, with property tax bills ranging from $703 at the 25th percentile to $5,211 at the 90th percentile. The median tax bill is $1,344, which is below the national median of $2,400. This suggests that while property taxes in Boyne City are relatively moderate, they can still pose a significant financial burden for some homeowners.

Homeowners in Boyne City can benefit from appealing their property tax assessments, potentially lowering their tax bills. Ownwell offers services to help homeowners navigate this process. By leveraging expertise and local market knowledge, Ownwell can assist in identifying discrepancies in property assessments and securing exemptions, ultimately helping homeowners save money. This can be particularly beneficial for those with tax bills on the higher end of the spectrum, ensuring fair and accurate taxation.

Property Tax Bills Across Boyne City, Charlevoix County, Michigan

Source: Ownwell

$506

$1,098

$1,690

Median Boyne City Tax Bill

$1,344

Median Charlevoix County Tax Bill

$1,211

Median Michigan Tax Bill

$1,795

Median United States Tax Bill

$2,400

Property Tax Bills Across Boyne City, Charlevoix County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
49712	$374	$703	$1,344	$2,629	$5,211

Source: Ownwell