Elmira, Charlevoix County, Michigan Property Taxes
Median Elmira, MI effective property tax rate: 0.36%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Elmira, MI home value: $141,400
Median annual Elmira, MI tax bill: $506, $1,894 lower than the national median property tax bill of $2,400.
How are property taxes in Charlevoix calculated?
Property taxes in Elmira, 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 Elmira’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Elmira, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Elmira, Charlevoix County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.72%
Estimate Property Tax Bill
$1,440
$1,336
Ownwell’s Elmira Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Elmira with just two data points.
By entering your property's estimated assessed value, our calculator applies Elmira’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 Elmira, Charlevoix County, Michigan
Local government entities set tax rates, and these can vary significantly within a state. This variation occurs because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially the annual process.
In Elmira, Charlevoix County, Michigan, the effective property tax rate is notably lower than the national median property tax rate of 1.02%. This makes Elmira an attractive location for property owners compared to other cities in Michigan and across the United States. The lower tax rate can lead to significant savings over time, especially when compared to the national median property tax bill of $2,400. Such savings can be a compelling reason for homeowners and investors to consider Elmira as a viable option for property investment. By understanding these local tax dynamics, property owners can make more informed decisions and potentially optimize their property-related expenses.
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 Elmira Tax Rate
0.72%
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 Charlevoix County Tax Rate
0.90%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Elmira, Charlevoix County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49730 | 0.47% | 0.57% | 0.72% | 1.01% | 1.27% |
Source: Ownwell
Property Tax Assessment Values Across Elmira, Charlevoix County, Michigan
When examining property taxes in Elmira, 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 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.
In Charlevoix 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 Elmira.
For example, the median home price in Elmira is $141,400, with tax bills ranging significantly across the county. The zip code 49730 has the highest median home price at $141,400.
Property Tax Assessment Values Across Elmira, Charlevoix County, Michigan
Source: Ownwell
$200,000
$389,200
$578,400
Median Elmira Market Value
$200,000
Median Charlevoix County Market Value
$299,800
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Elmira, Charlevoix County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49730 | $68,280 | $119,300 | $200,000 | $298,500 | $422,840 |
Source: Ownwell
Property Tax Bills Across Elmira, Charlevoix County, Michigan
Median Elmira Tax Bill
$1,458
Median Charlevoix County Tax Bill
$2,666
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Elmira, Charlevoix County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49730 | $525 | $935 | $1,458 | $2,114 | $3,144 |
Source: Ownwell