Wells, Delta County, Michigan Property Taxes

Name: Property Tax Bills Across Wells, Delta County, Michigan
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Wells, MI effective property tax rate: 0.49%, significantly lower than the national median of 1.02%, and also lower than the Michigan state median of 1.07%.
Median Wells, MI home value: $94,200
Median annual Wells, MI tax bill: $452, $1,948 lower than the national median property tax bill of $2,400.

How are property taxes in Delta County calculated?

Property taxes in Wells, 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 Wells’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Wells, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Wells, Delta County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.86%

Estimate Property Tax Bill

$1,075

$998

Ownwell’s Wells Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Wells with just two data points. By entering your property's estimated assessed value, our calculator applies Wells’ median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Delta County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Wells, Delta County, Michigan

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget 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 there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

In Wells, located in Delta County, the effective property tax rate is 0.49%. This rate is significantly lower than the national median property tax rate of 1.02%. When compared to other cities in Michigan, Wells maintains a consistent property tax rate, as the highest and lowest rates in the area are also 0.49%.

This consistency offers a degree of predictability for homeowners in Wells, making it an attractive location for those looking to manage their property tax expenses effectively. With the national median property tax bill at $2,400, residents of Wells benefit from a lower tax burden, which can contribute to long-term financial stability.

Property Tax Rates Across Wells, Delta County, Michigan

Source: Ownwell

0.65%

1.04%

1.44%

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 Wells Tax Rate

0.86%

Median Effective Delta County Tax Rate

1.15%

Median Effective Michigan Tax Rate

1.05%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Wells, Delta County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
49894	0.68%	0.79%	0.86%	0.91%	1.27%

Source: Ownwell

Property Tax Assessment Values Across Wells, Delta County, Michigan

When examining property taxes in Wells, 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 Delta 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. Assessment notices: Delta 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 Wells. For example, the median home price in Wells is $94,200, with tax bills ranging significantly across the county. 49894 has the highest median home price at $94,200.

Property Tax Assessment Values Across Wells, Delta County, Michigan

Source: Ownwell

$51,500

$117,250

$183,000

Median Wells Market Value

$125,000

Median Delta County Market Value

$138,000

Median Michigan Market Value

$213,740

Median United States Market Value

$235,294

Property Tax Assessment Values Across Wells, Delta County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
49894	$67,100	$92,550	$125,000	$176,400	$217,500

Source: Ownwell

Property Tax Bills Across Wells, Delta County, Michigan

In Wells, Delta County, MI, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The tax rate is applied to this assessed value to determine the annual tax bill. In Wells, homeowners face a median tax bill of approximately $452, significantly lower than the national median of $2400. Factors influencing the tax bill include property size, location, and improvements made to the home. While a lower tax bill can be a relief, homeowners still seek ways to minimize costs further. This is where Ownwell steps in, offering expert property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies, Ownwell helps homeowners potentially reduce their tax bills. Our team ensures that properties are fairly assessed, maximizing savings for homeowners. With Ownwell's guidance, residents of Wells can achieve substantial savings on their property taxes, ensuring they only pay their fair share.

Property Tax Bills Across Wells, Delta County, Michigan

Source: Ownwell

$734

$1,464

$2,194

Median Wells Tax Bill

$1,083

Median Delta County Tax Bill

$1,626

Median Michigan Tax Bill

$2,084

Median United States Tax Bill

$2,400

Property Tax Bills Across Wells, Delta County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
49894	$540	$768	$1,083	$1,511	$1,906

Source: Ownwell