Laingsburg, Clinton County, Michigan Property Taxes
Median LAINGSBURG, MI effective property tax rate: 1.46%, significantly higher than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median LAINGSBURG, MI home value: $204,400
Median annual LAINGSBURG, MI tax bill: $2,958, $558 higher than the national median property tax bill of $2,400.
How are property taxes in Clinton calculated?
Property taxes in LAINGSBURG, 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 LAINGSBURG’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in LAINGSBURG, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Laingsburg, Clinton County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.43%
Estimate Property Tax Bill
$1,145
$1,063
Property Tax Rates Across Laingsburg, Clinton County, Michigan
Local government entities set tax rates, which can vary widely within a state. This is because each county estimates its required budget annually to provide services, then divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
In Laingsburg, Clinton County, Michigan, the effective property tax rate stands at 1.46%, which is notably higher than the national median property tax rate of 1.02%. This indicates that property owners in Laingsburg face a relatively higher tax burden compared to the national average. Understanding these rates is crucial for homeowners as it directly impacts their annual property tax bills. The median property tax bill in the U.S. is $2,400, so comparing this with local bills can provide a clearer picture of the financial obligation faced by property owners in Laingsburg. By staying informed about these rates, homeowners can better manage their finances and explore potential savings through property tax appeals or exemptions.
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 Laingsburg Tax Rate
0.43%
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 Laingsburg, Clinton County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48848 | 0.36% | 0.40% | 0.43% | 0.48% | 0.54% |
Source: Ownwell
Property Tax Assessment Values Across Laingsburg, Clinton County, Michigan
When examining property taxes in Laingsburg, Michigan, 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 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 Laingsburg.
For example, the median home price in Laingsburg is $204,400, with tax bills ranging significantly across the county. ZIP code 48848 has the highest median home price at $204,400.
Property Tax Assessment Values Across Laingsburg, Clinton County, Michigan
Source: Ownwell
$80,800
$214,350
$347,900
Median Laingsburg Market Value
$266,300
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 Laingsburg, Clinton County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48848 | $135,280 | $194,400 | $266,300 | $376,200 | $503,860 |
Source: Ownwell
Property Tax Bills Across Laingsburg, Clinton County, Michigan
In Laingsburg, MI, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the home's market value. Homeowners in Laingsburg face a median property tax bill of $2,958, which is above the national median of $2,400. This higher tax bill can be attributed to the local tax rate and the assessed value of properties in the area. Factors such as changes in the local economy, property improvements, and shifts in the housing market can influence the assessed value, thereby affecting the tax bill.
Ownwell offers valuable assistance to homeowners by providing property tax appeal services, potentially lowering tax bills. By analyzing property assessments and ensuring they reflect accurate market values, Ownwell helps homeowners identify opportunities for reductions. This not only eases the financial burden but also ensures homeowners are not overpaying on their property taxes. Through expert guidance, Ownwell empowers homeowners to achieve fair tax assessments and savings.
Median Laingsburg Tax Bill
$1,193
Median Clinton County Tax Bill
$1,531
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Laingsburg, Clinton County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48848 | $700 | $898 | $1,193 | $1,640 | $2,214 |
Source: Ownwell