Pellston, Cheboygan County, Michigan Property Taxes
Median Pellston, MI effective property tax rate: 0.94%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Pellston, MI home value: $238,000.
Median annual Pellston, MI tax bill: $1,608, $792 lower than the national median property tax bill of $2,400.
How are property taxes in Cheboygan calculated?
Property taxes in Pellston, 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 Pellston’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Pellston, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Pellston, Cheboygan County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.94%
Estimate Property Tax Bill
$2,237
$2,076
Property Tax Rates Across Pellston, Cheboygan County, Michigan
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 Pellston Tax Rate
0.94%
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
0.50%
Median Effective Michigan Tax Rate
1.07%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Pellston, Cheboygan County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49769 | 0.36% | 0.48% | 0.94% | 1.30% | 1.44% |
Source: Ownwell
Property Tax Assessment Values Across Pellston, Cheboygan County, Michigan
When examining property taxes in Pellston, 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 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 Pellston. For example, the median home price in Pellston is $238,000, with tax bills ranging significantly across the county. Zip code 49769 has the highest median home price at $238,000.
Property Tax Assessment Values Across Pellston, Cheboygan County, Michigan
Source: Ownwell
$100,600
$350,500
$600,400
Median Pellston Market Value
$238,000
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 Pellston, Cheboygan County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49769 | $49,600 | $119,200 | $238,000 | $344,600 | $491,800 |
Source: Ownwell
Property Tax Bills Across Pellston, Cheboygan County, Michigan
In Pellston, located in Cheboygan County, MI, property tax bills are determined by assessing the property's market value and applying the local tax rate. The median home price in the area is $238,000, which influences the tax bill calculations. Homeowners in Pellston can expect tax bills ranging from $800 at the 25th percentile to $4,880 at the 90th percentile. The median property tax bill for the region is $1,608, aligning closely with the national median. Factors such as the property's assessed value and any applicable exemptions can significantly impact the final tax bill. High property taxes can strain homeowners, making it crucial to explore ways to reduce them.
Ownwell offers expertise in property tax appeals and exemptions, helping homeowners potentially lower their tax bills. By analyzing property assessments and identifying discrepancies or opportunities for exemptions, Ownwell can assist homeowners in Pellston in achieving more manageable tax obligations. This service not only provides financial relief but also ensures that homeowners pay a fair amount based on accurate property valuations.
Median Pellston Tax Bill
$1,608
Median Cheboygan County Tax Bill
$843
Median Michigan Tax Bill
$1,795
Median United States Tax Bill
$2,400
Property Tax Bills Across Pellston, Cheboygan County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49769 | $439 | $800 | $1,608 | $3,359 | $4,880 |
Source: Ownwell