Paradise, Chippewa County, Michigan Property Taxes
Median Paradise, MI effective property tax rate: 1.28%, significantly higher than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Paradise, MI home value: $93,900
Median annual Paradise, MI tax bill: $1,177, $1,223 lower than the national median property tax bill of $2,400.
How are property taxes in Chippewa calculated?
Property taxes in Paradise, 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 Paradise’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Paradise, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Paradise, Chippewa County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.28%
Estimate Property Tax Bill
$1,202
$1,115
Property Tax Rates Across Paradise, Chippewa County, Michigan
Local government entities in Michigan set property tax rates, which can vary widely within the state. Each county estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the annual process in a nutshell.
In Paradise, located in Chippewa County, the effective property tax rate stands at 1.28%. This rate is notably higher than the national median property tax rate of 1.02%. Comparing this to other cities in Michigan, Paradise's rate aligns with the highest and lowest median tax rates within the state, both at 1.28%. The national median property tax bill is $2,400, which provides a benchmark for understanding how property tax obligations might compare on a broader scale. Understanding these figures can help property owners in Paradise make informed decisions about property tax appeals and exemptions, potentially leading to significant savings.
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 Paradise Tax Rate
1.28%
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
1.10%
Median Effective Michigan Tax Rate
1.07%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Paradise, Chippewa County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49768 | 0.61% | 0.81% | 1.28% | 1.67% | 2.04% |
49783 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Paradise, Chippewa County, Michigan
When examining property taxes in Paradise, 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 Paradise.
For example, the median home price in Paradise is $93,900, with tax bills ranging significantly across the county. The 49768 zip code has the highest median home price at $94,000.
Property Tax Assessment Values Across Paradise, Chippewa County, Michigan
Source: Ownwell
$71,200
$98,700
$126,200
Median Paradise Market Value
$93,900
Median Chippewa County Market Value
$103,400
Median Michigan Market Value
$177,800
Median United States Market Value
$235,294
Property Tax Assessment Values Across Paradise, Chippewa County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49768 | $26,880 | $54,900 | $94,000 | $173,800 | $269,320 |
49783 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Paradise, Chippewa County, Michigan
Median Paradise Tax Bill
$1,177
Median Chippewa County Tax Bill
$1,042
Median Michigan Tax Bill
$1,795
Median United States Tax Bill
$2,400
Property Tax Bills Across Paradise, Chippewa County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49768 | $310 | $598 | $1,180 | $2,155 | $3,308 |
49783 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell