Gladwin, Clare County, Michigan Property Taxes
Median Gladwin, MI effective property tax rate: 0.82%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Gladwin, MI home value: $102,940
Median annual Gladwin, MI tax bill: $726, $1,674 lower than the national median property tax bill of $2,400.
How are property taxes in Clare calculated?
Property taxes in Gladwin, 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 Gladwin’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Gladwin, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Gladwin, Clare County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.82%
Estimate Property Tax Bill
$844
$783
Property Tax Rates Across Gladwin, Clare County, Michigan
Local government entities are responsible for setting tax rates, and these can differ significantly across a state. Each county determines its necessary budget to provide services and divides this by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially the annual process.
In Gladwin, located in Clare County, Michigan, the effective property tax rate stands at 0.82%. This rate is notably lower than the national median property tax rate of 1.02%. When comparing property tax rates within Michigan, Gladwin's rate is consistent with the state's median, offering a favorable tax environment for homeowners. The lower tax rate in Gladwin can be appealing to potential homeowners and investors, providing an opportunity to benefit from lower property tax bills compared to the national median of $2400.
Understanding these differences in property tax rates can be crucial for making informed decisions about property investments. Gladwin's competitive tax rate could be an attractive factor for those considering property ownership in this region.
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 Gladwin Tax Rate
0.82%
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 Gladwin, Clare County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48624 | 0.32% | 0.38% | 0.82% | 1.43% | 1.81% |
Source: Ownwell
Property Tax Assessment Values Across Gladwin, Clare County, Michigan
When examining property taxes in Gladwin, 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 Gladwin.
For example, the median home price in Gladwin is $102,940, with tax bills ranging significantly across the county. Zip code 48624 has the highest median home price at $102,940.
Property Tax Assessment Values Across Gladwin, Clare County, Michigan
Source: Ownwell
$69,200
$125,200
$181,200
Median Gladwin Market Value
$102,940
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 Gladwin, Clare County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48624 | $28,360 | $58,600 | $102,940 | $163,000 | $241,117 |
Source: Ownwell
Property Tax Bills Across Gladwin, Clare County, Michigan
In Gladwin, MI, property tax bills are determined by the assessed value of a home, which is a percentage of the property's market value. This assessed value is then multiplied by the local tax rate to calculate the annual tax bill. Factors influencing these bills include changes in property value, tax rates set by local authorities, and any applicable exemptions. Homeowners in Gladwin experience a range in tax bills, with the 25th percentile at $437 and the 75th percentile at $1167. This variability can significantly impact household budgets, especially compared to the national median property tax bill of $2400.
Ownwell offers a valuable service to homeowners by providing property tax appeal and exemption assistance. By analyzing your property's assessed value and comparing it with market trends, Ownwell identifies potential savings opportunities. Their expertise can help reduce your tax bill, ensuring you're not overpaying. Engaging with Ownwell could lead to substantial savings, easing the financial burden of property taxes on homeowners in Gladwin.
Median Gladwin Tax Bill
$726
Median Clare County Tax Bill
$399
Median Michigan Tax Bill
$1,795
Median United States Tax Bill
$2,400
Property Tax Bills Across Gladwin, Clare County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48624 | $213 | $437 | $726 | $1,167 | $1,763 |
Source: Ownwell