Clare, Clare County, Michigan Property Taxes
Median Clare, MI effective property tax rate: 0.46%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Clare, MI home value: $130,332
Median annual Clare, MI tax bill: $841, $1,559 lower than the national median property tax bill of $2,400.
How are property taxes in Clare calculated?
Property taxes in Clare, 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 Clare’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Clare, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Clare, Clare County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.46%
Estimate Property Tax Bill
$600
$556
Property Tax Rates Across Clare, Clare County, Michigan
Local government entities set tax rates, and these can vary significantly within a state. This variability arises because each county, like Clare County in Michigan, estimates its required budget annually to provide essential services. This budget is then divided by the total value of all taxable property within the county's jurisdiction, resulting in the property tax rate. While setting these rates and budgets involves votes and laws, this process essentially determines the annual tax rates.
For instance, Clare in Clare County, Michigan, has an effective property tax rate of 0.46%, which is significantly lower than the national median property tax rate of 1.02%. This lower rate can be appealing for property owners looking to reduce their tax burden. However, when considering property taxes, it's essential to compare Clare's rate with other cities in Michigan and the broader national context. Understanding these differences can help property owners make informed decisions about where to invest or reside, potentially leading to substantial savings in property taxes over time.
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 Clare Tax Rate
0.46%
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 Clare County Tax Rate
0.40%
Median Effective Michigan Tax Rate
1.07%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Clare, Clare County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48617 | 0.29% | 0.37% | 0.46% | 1.29% | 1.43% |
Source: Ownwell
Property Tax Assessment Values Across Clare, Clare County, Michigan
When examining property taxes in Clare, 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 Clare 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 Clare 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 Clare.
For example, the median home price in Clare is $130,332, with tax bills ranging significantly across the county. Zip code 48617 has the highest median home price at $130,332.
Property Tax Assessment Values Across Clare, Clare County, Michigan
Source: Ownwell
$69,200
$125,200
$181,200
Median Clare Market Value
$130,332
Median Clare County Market Value
$85,200
Median Michigan Market Value
$177,800
Median United States Market Value
$235,294
Property Tax Assessment Values Across Clare, Clare County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48617 | $55,432 | $85,000 | $130,332 | $190,040 | $278,280 |
Source: Ownwell
Property Tax Bills Across Clare, Clare County, Michigan
In Clare, Michigan, property tax bills are determined by assessing the property's value, which influences the tax amount owed by homeowners. The median home price in Clare is $130,332, and the property tax rate is applied to this assessed value to calculate the annual tax bill. Homeowners in Clare can expect tax bills ranging from $472 at the 25th percentile to $2,134 at the 90th percentile, with the median tax bill being $841, which is significantly lower than the national median of $2,400. Factors influencing these bills include property location, improvements, and local tax rates.
High property taxes can burden homeowners, impacting their financial stability. However, Ownwell offers a solution by providing expert property tax appeal and exemption services. By evaluating your property's assessment, Ownwell identifies opportunities for tax reductions, ensuring you pay only your fair share. With Ownwell's assistance, Clare homeowners can potentially save hundreds on their property tax bills, alleviating financial stress and enhancing property investment returns.
Median Clare Tax Bill
$841
Median Clare County Tax Bill
$399
Median Michigan Tax Bill
$1,795
Median United States Tax Bill
$2,400
Property Tax Bills Across Clare, Clare County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48617 | $230 | $472 | $841 | $1,430 | $2,134 |
Source: Ownwell