Pewamo, Clinton County, Michigan Property Taxes
Median Pewamo, MI effective property tax rate: 0.53%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Pewamo, MI home value: $227,000
Median annual Pewamo, MI tax bill: $1,542, $858 lower than the national median property tax bill of $2,400.
How are property taxes in Clinton calculated?
Property taxes in Pewamo, 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 Pewamo’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Pewamo, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Pewamo, Clinton County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.35%
Estimate Property Tax Bill
$1,012
$939
Property Tax Rates Across Pewamo, Clinton County, Michigan
Local government entities set tax rates, which can vary widely within a state. Each county, including Clinton County, estimates its required budget annually to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws are involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Pewamo in Clinton County, Michigan, showcases a property tax rate that aligns with the county's median rate of 0.53%. This is significantly lower than the national median property tax rate of 1.02%. For homeowners in Pewamo, this translates to a more affordable property tax bill compared to the national median bill of $2400.
Comparing Pewamo’s effective property tax rate to other cities in Michigan and the U.S. highlights its advantageous position. With a property tax rate that is among the lowest in Clinton County, homeowners in Pewamo benefit from reduced financial burdens, making it an attractive location for property ownership.
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 Pewamo Tax Rate
0.35%
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 Pewamo, Clinton County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48873 | 0.17% | 0.25% | 0.35% | 0.43% | 0.50% |
Source: Ownwell
Property Tax Assessment Values Across Pewamo, Clinton County, Michigan
When examining property taxes in Pewamo, 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 Pewamo.
For example, the median home price in Pewamo is $227,000, with tax bills ranging significantly across the county. Zip code 48873 has the highest median home price at $227,000.
Property Tax Assessment Values Across Pewamo, Clinton County, Michigan
Source: Ownwell
$80,800
$214,350
$347,900
Median Pewamo Market Value
$289,100
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 Pewamo, Clinton County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48873 | $23,760 | $193,000 | $289,100 | $529,300 | $844,520 |
Source: Ownwell
Property Tax Bills Across Pewamo, Clinton County, Michigan
Property tax bills in Pewamo, located in Clinton County, MI, are determined by assessing the value of a property and applying the local tax rate. The median home price in the area is $227,000, with tax bills ranging from the 25th percentile at $1,066 to the 90th percentile reaching $3,219. The tax rate is applied to the assessed value of the property, which is generally a percentage of the market value. This rate determines the annual property tax bill, impacting homeowners' financial planning. With the national median property tax rate at 1.02%, Pewamo's tax bills can be comparatively burdensome for some homeowners, especially those at the higher end of the tax spectrum.
Ownwell assists homeowners by identifying potential savings on their property tax bills through appeals and exemptions. By analyzing property assessments and market trends, Ownwell can advocate for fairer assessments, helping to reduce the financial burden on homeowners. This service ensures that homeowners only pay what is necessary, potentially saving them a significant amount on their annual property tax bills.
Median Pewamo Tax Bill
$1,077
Median Clinton County Tax Bill
$1,531
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Pewamo, Clinton County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48873 | $654 | $838 | $1,077 | $1,581 | $2,197 |
Source: Ownwell