Moran, Chippewa County, Michigan Property Taxes
Median Moran, 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 Moran, MI home value: $107,200. Median annual Moran, MI tax bill: $560, $1,840 lower than the national median property tax bill of $2,400.
How are property taxes in Chippewa calculated?
Property taxes in Moran, 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 Moran’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Moran, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Moran, Chippewa County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.44%
Estimate Property Tax Bill
$546
$506
Property Tax Rates Across Moran, Chippewa County, Michigan
Local government entities determine tax rates, which can differ significantly within a state. This variation occurs because each county annually estimates its budget needs to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. Although setting tax rates and budgets involves votes and laws, this is the basic annual process.
In Moran, located in Chippewa County, Michigan, the effective property tax rate stands at 0.48%. This rate is notably lower than the national median property tax rate of 1.02%, offering residents a more favorable tax environment compared to many other parts of the country. When compared to other cities within Michigan, Moran's tax rate remains competitive, reflecting the county's efficient budget management.
For homeowners in Moran, this means potentially lower annual property tax bills, contributing to the overall affordability of living in this area. Understanding these tax rates can help residents and potential property buyers make informed decisions about their investments and financial planning.
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 Moran Tax Rate
0.44%
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 Chippewa County Tax Rate
0.52%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Moran, Chippewa County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49760 | 0.25% | 0.38% | 0.44% | 0.47% | 0.48% |
Source: Ownwell
Property Tax Assessment Values Across Moran, Chippewa County, Michigan
When examining property taxes in Moran, 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 Chippewa 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 Chippewa 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 Moran.
For example, the median home price in Moran is $107,200, with tax bills ranging significantly across the county. Zip code 49760 has the highest median home price at $107,200.
Property Tax Assessment Values Across Moran, Chippewa County, Michigan
Source: Ownwell
$103,400
$136,400
$169,400
Median Moran Market Value
$124,000
Median Chippewa County Market Value
$136,400
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Moran, Chippewa County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49760 | $52,560 | $62,300 | $124,000 | $167,700 | $190,760 |
Source: Ownwell
Property Tax Bills Across Moran, Chippewa County, Michigan
Median Moran Tax Bill
$528
Median Chippewa County Tax Bill
$899
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Moran, Chippewa County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49760 | $143 | $240 | $528 | $786 | $914 |
Source: Ownwell