Grand Ledge, Clinton County, Michigan Property Taxes
Median Grand Ledge, MI effective property tax rate: 1.50%, significantly higher than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Grand Ledge, MI home value: $202,000
Median annual Grand Ledge, MI tax bill: $3,120, $720 higher than the national median property tax bill of $2,400.
How are property taxes in Clinton calculated?
Property taxes in Grand Ledge, 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 Grand Ledge’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Grand Ledge, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Grand Ledge, Clinton County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.47%
Estimate Property Tax Bill
$1,198
$1,112
Property Tax Rates Across Grand Ledge, Clinton County, Michigan
Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each year, counties estimate their required budget to provide essential services and divide this by the total value of all taxable properties within their jurisdiction. This process determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the core of the annual procedure.
In Grand Ledge, located in Clinton County, Michigan, the effective property tax rate stands out when compared to other cities in Michigan, as well as the median property tax rates in the state and across the nation. With Michigan's median property tax rate at 1.50%, Grand Ledge's rate aligns with the state's average. This rate is notably higher than the national median property tax rate of 1.02%.
Understanding these rates is crucial for property owners aiming to manage their expenses effectively. Whether you're a homeowner or an investor, knowing how Grand Ledge's property tax rate compares can help you make informed financial decisions.
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 Grand Ledge Tax Rate
0.47%
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 Clinton County Tax Rate
0.54%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Grand Ledge, Clinton County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48837 | 0.37% | 0.43% | 0.47% | 0.50% | 0.55% |
Source: Ownwell
Property Tax Assessment Values Across Grand Ledge, Clinton County, Michigan
When examining property taxes in Grand Ledge, 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 Clinton 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 Clinton County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Grand Ledge. For example, the median home price in Grand Ledge is $202,000, with tax bills ranging significantly across the county. Zip code 48837 has the highest median home price at $202,000.
Property Tax Assessment Values Across Grand Ledge, Clinton County, Michigan
Source: Ownwell
$80,800
$214,350
$347,900
Median Grand Ledge Market Value
$255,000
Median Clinton County Market Value
$243,200
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Grand Ledge, Clinton County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48837 | $152,260 | $198,950 | $255,000 | $393,150 | $570,840 |
Source: Ownwell
Property Tax Bills Across Grand Ledge, Clinton County, Michigan
Median Grand Ledge Tax Bill
$1,205
Median Clinton County Tax Bill
$1,531
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Grand Ledge, Clinton County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48837 | $777 | $982 | $1,205 | $1,752 | $2,616 |
Source: Ownwell