Burt Lake, Cheboygan County, Michigan Property Taxes

Name: Property Tax Bills Across Burt Lake, Cheboygan County, Michigan
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Burt Lake, MI effective property tax rate: 0.40%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Burt Lake, MI home value: $599,200
Median annual Burt Lake, MI tax bill: $2,716, $316 higher than the national median property tax bill of $2,400.

How are property taxes in Cheboygan calculated?

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

Last Updated March 1, 2025

Burt Lake, Cheboygan County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.4%

Estimate Property Tax Bill

$2,397

$2,224

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

By entering your property's estimated assessed value, our calculator applies Burt Lake’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 Burt Lake, Cheboygan County, Michigan

Local government entities determine tax rates, which can significantly differ across a state. This variation is due to each county annually estimating its budgetary needs to provide essential services, dividing this by the total value of all taxable properties in their jurisdiction. This crucial calculation establishes the property tax rate. Although votes and legislative actions play a role in setting these rates and budgets, this summarizes the annual procedure.

In Burt Lake, Cheboygan County, Michigan, the effective property tax rate is notably lower than the national median property tax rate of 1.02%. This makes Burt Lake an attractive option for property owners seeking relief from higher property taxes. Compared to other cities in Michigan, the property tax rate in Burt Lake remains competitive, offering residents a more favorable tax environment. This advantage not only eases the financial burden on homeowners but also enhances the appeal of owning property in this picturesque region. By providing property tax appeal and exemption services, we help ensure that property owners in Burt Lake continue to benefit from these advantageous tax rates.

Property Tax Rates Across Burt Lake, Cheboygan County, Michigan

Source: Ownwell

0.37%

0.77%

1.18%

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 Burt Lake Tax Rate

0.40%

Median Effective Cheboygan County Tax Rate

0.50%

Median Effective Michigan Tax Rate

1.07%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Burt Lake, Cheboygan County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
49717	0.25%	0.35%	0.40%	0.45%	0.51%

Source: Ownwell

Property Tax Assessment Values Across Burt Lake, Cheboygan County, Michigan

When examining property taxes in Burt Lake, 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. Assessment notices: 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 Burt Lake. For example, the median home price in Burt Lake is $599,200, with tax bills ranging significantly across the county. 49717 has the highest median home price at $599,200.

Property Tax Assessment Values Across Burt Lake, Cheboygan County, Michigan

Source: Ownwell

$100,600

$350,500

$600,400

Median Burt Lake Market Value

$599,200

Median Cheboygan County Market Value

$151,800

Median Michigan Market Value

$177,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across Burt Lake, Cheboygan County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
49717	$115,880	$256,600	$599,200	$969,100	$1,240,240

Source: Ownwell

Property Tax Bills Across Burt Lake, Cheboygan County, Michigan

In Burt Lake, Cheboygan County, MI, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. With a median home price of $599,200, homeowners in Burt Lake face varying tax bills. The 25th percentile tax bill is $1,157, while the 75th percentile reaches $4,126, and the 90th percentile is as high as $5,195. This fluctuation reflects differences in property values and tax rates. Compared to the national median property tax bill of $2,400, Burt Lake's tax bills can be significantly higher, impacting homeowners' budgets. Ownwell offers property tax appeal and exemption services to help homeowners reduce these costs. By analyzing property assessments and identifying potential savings, Ownwell assists in filing appeals, ensuring homeowners pay only their fair share. This service can lead to substantial savings, especially for those facing higher tax bills.

Property Tax Bills Across Burt Lake, Cheboygan County, Michigan

Source: Ownwell

$410

$2,324

$4,238

Median Burt Lake Tax Bill

$2,716

Median Cheboygan County Tax Bill

$843

Median Michigan Tax Bill

$1,795

Median United States Tax Bill

$2,400

Property Tax Bills Across Burt Lake, Cheboygan County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
49717	$323	$1,157	$2,716	$4,126	$5,195

Source: Ownwell