Brutus, Cheboygan County, Michigan Property Taxes
Median Brutus, MI effective property tax rate: 0.83%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Brutus, MI home value: $600,400
Median annual Brutus, MI tax bill: $3,785, $1,385 higher than the national median property tax bill of $2,400.
How are property taxes in Cheboygan calculated?
Property taxes in Brutus, 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 Brutus’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Brutus, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Brutus, Cheboygan County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.04%
Estimate Property Tax Bill
$7,517
$6,976
Ownwell’s Brutus Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Brutus with just two data points.
By entering your property's estimated assessed value, our calculator applies Brutus’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 Cheboygan County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Brutus, Cheboygan County, Michigan
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.
In Brutus, located in Cheboygan County, Michigan, the effective property tax rate aligns with the county's median tax rate of 0.83%. This rate is noticeably lower than the national median property tax rate of 1.02%. When comparing property tax rates, Brutus stands out for its affordability, especially when contrasted with the national landscape. This can be appealing for homeowners seeking lower property tax burdens. Understanding these differences is crucial for property owners aiming to make informed decisions about their investments.
Below, you can compare Brutus’s effective property tax rate to other cities in Michigan and the median property tax rates in Michigan and the U.S. Analyzing these rates provides valuable insights into the regional property tax landscape, offering a clearer picture of where Brutus stands in comparison to other areas.
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 Brutus Tax Rate
1.04%
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 Cheboygan County Tax Rate
0.86%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Brutus, Cheboygan County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49716 | 0.56% | 0.70% | 1.04% | 1.30% | 1.55% |
Source: Ownwell
Property Tax Assessment Values Across Brutus, Cheboygan County, Michigan
When examining property taxes in Brutus, 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 Cheboygan 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 Cheboygan County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Brutus. For example, the median home price in Brutus is $600,400, with tax bills ranging significantly across the county. Zip code 49716 has the highest median home price at $600,400.
Property Tax Assessment Values Across Brutus, Cheboygan County, Michigan
Source: Ownwell
$126,200
$495,050
$863,900
Median Brutus Market Value
$722,800
Median Cheboygan County Market Value
$193,800
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Brutus, Cheboygan County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49716 | $92,240 | $261,000 | $722,800 | $1,066,000 | $1,516,840 |
Source: Ownwell
Property Tax Bills Across Brutus, Cheboygan County, Michigan
In Brutus, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is a percentage of the property's market value, which can fluctuate based on local real estate trends. Homeowners in Cheboygan County can expect varying tax bills, with the 25th percentile at $1,354 and the 75th percentile reaching $7,415. The 90th percentile tax bill can soar to $10,602, significantly impacting homeowners' budgets. Notably, the median tax bill in the 49716 zip code is $3,785, which is above the national median of $2,400, highlighting the potential financial burden on residents.
Ownwell offers a solution by assisting homeowners in appealing their property tax assessments, potentially lowering their tax bills. By leveraging expertise in local tax regulations and market trends, Ownwell can identify discrepancies in property assessments and file appeals on behalf of homeowners. This service not only helps reduce tax liabilities but also ensures homeowners are paying a fair amount, aligning with their property's true market value.
Median Brutus Tax Bill
$6,274
Median Cheboygan County Tax Bill
$1,565
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Brutus, Cheboygan County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49716 | $932 | $2,140 | $6,274 | $11,123 | $15,576 |
Source: Ownwell